Category Center for the Study for Finance and Economics

AT1

Reconsidering the Impact: Why the Swiss Court’s AT1 Ruling Has Limited Relevance for the YES Bank Case

A ruling by the Swiss Federal Administrative Court on October 14, holding as illegal the Swiss Financial Market Supervisory Authority’s decision to write down Credit Suisse’s Additional Tier 1 bonds, as part of the state-directed merger of troubled Credit Suisse into rival banking giant UBS, has revived hopes in India for those pursuing a case in the Supreme Court against the similar writing down of AT1 bonds issued by Yes Bank, as part of its salvage operation. Their optimism is misplaced.

Bihar elections 2025

The Uncounted Loss: How Bihar’s Fate Was Sealed Before Polling Day

The Bihar results were out even before polling began: Bihar has lost, whoever the victor in the Assembly elections. With well over one crore women being paid Rs 10,000 crore by the incumbent government, supposedly for self-employment ventures, and promises of future fiscal support for such enterprises, the political economy of state handouts had been entrenched before polling began.

Bihar Election

The Economy of Influence: Grand Bribery and the Bihar Election Results

The Bihar results are astounding, with National Democratic Alliance (NDA) sweeping an unprecedented 202 seats (83%) out of 243. Political analysts and correspondents covering the elections have proved to be utterly wrong. Most of them expected it to be a close fight.

Digital

The Digital MSME (Micro, Small, and Medium Enterprises) Scheme – 2017

The Micro, Small, and Medium Enterprises (MSMEs) sector is often referred to as the backbone of the Indian economy, contributing significantly to the Gross Domestic Product (GDP), industrial production, and employment generation. However, MSMEs have historically struggled with inadequate infrastructure, limited access to finance, and a lack of technological expertise.

Taliban

What’s Behind the Taliban Foreign Minister’s India Visit?

The Acting Foreign Minister of the Islamic Emirate of Afghanistan, Amir Khan Muttaqi, will be traveling to New Delhi between October 9-16, after having received a waiver from the UNSC sanctions committee. His previous bid to secure the waiver back in September was not successful. During his visit, he is expected to meet the External Affairs Minister S. Jaishankar and will arrive in New Delhi after having participated in the Moscow Format Dialogue in Russia.

Putin

Sanctions Without Strategy? Trump’s Tougher Line on Putin Walking on a Slippery Surface

In a sign of how desperate the situation has become on the US-Russia front, the president of the United States of America, Donald Trump, was forced to up the ante against the Russian president, Vladimir Putin, by announcing new sanctions targeting two of Russia’s largest oil companies and postponing his planned meeting with Putin in Budapest indefinitely.

Canada

A Fresh Start for India–Canada Relations

It is an opportunity for both India and Canada to make gains from the crisis that the world is going through by reaffirming trust in each other

In international relations, pauses have a value of their own. Be it misunderstanding, estrangement, skirmish or even a war, a temporary freeze can allow the much-needed legroom for countries to step back and reset. As Canadian Foreign Minister Anita Anand arrived in New Delhi for a three-day visit, it is precisely such a moment for India-Canada relations.

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