Fuel Rationing

Afront page headline in The Times of India reported that a decline in fuel supply by the public sector oil companies had led to an informal rationing of fuel by petrol pumps, especially those run by Bharat Petroleum. The report, correctly enough, seemed like an epitaph to the India growth story under the Congress-led government. From being showcased as a budding superpower less than a year...

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Correcting Corrections?

Business Standard had a flurry of corrections and clarifications in May. It is a sign of good journalism when a newspaper readily corrects its mistakes, but it is worrying when there are four in a fortnight and corrections require further corrections.

Not-so-mega Losses: One 13th May, the paper said that its report had “wrongly stated that Dish TV, a direct-to-home (DTH) company incurred...

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MoneyLIFE-Citibank Seminar on Individual Credit Rating

The biggest asset on the balance sheet of banks today is the ignorance of customers about their rights and their reluctance to fight for them,” said Dr Sujatha E Prasad, general manager, consumer services, RBI (Reserve Bank of India) and that succinctly encapsulated the raison d’etre of the MoneyLIFE-Citibank workshop on ‘Individual Credit Ratings – Consequences of Negative Ratings and...

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