Giving his advice to the government for the revival of economy, the former finance minister said there is an immediate set of things that h...

The intention can be announced today, and a time-bound divestment should be carried out in the open markets.

Economic reforms since 1991 are very incomplete, yet have created enough competition to kill many cronies.

SC verdict is a blow to RBI, which has been trying to tackle one of the world’s worst bad debt problems.

Rajan said populism done right can make capitalism work better for people, but that’s not always the outcome.

"Earlier, you could borrow and not repay. Now if you don't pay, you lose your business," Kant said highlighting the major structural reform...

Jaitley today cautioned that pro-business environment without "pro-competition" policies can result in dangerous consequences, including cr...

The past 20 years have been a golden age for crony capitalists--tycoons active in industries where chumminess with government is part of th...

Critics say economic liberalization has enriched only cronies through monopoly profits from political allocations of land, minerals and spe...

As India evolves and acquires institutional maturity, it is imperative to shed cronyism from the process of selecting those to accord state...

Reserve Bank of India governor Raghuram Rajan has warned against crony capitalism which he said creates oligarchies and slows down growth.

Rajan said "crony capitalism", kills transparency & competition & hence is harmful to free enterprise, opportunity & economic growth.

Besides curtailing the discretionary powers, he also suggested for a balanced approach with a view to promote transparency in processes and...

"What has happened in the gas pricing is a symbol of crony capitalism. It is not about an individual or a company," Bala said.

From coal to 2G to Commonwealth Games, and from road to airport projects, several thousand crores have been made by politicians and their k...

This is in stark contrast with the West: in Germany, the mid-cap index is up 33%, in London by 35% and in New York, small caps are up 31%.

So, it is simply wrong to claim that India is dominated by a handful of business oligarchs with political connections who wreck competition.