Observing that Indian banking sector since the early 1990s faced the problem of poor quality lending especially on large loans, Subramanian...

The country's recent years of political turmoil have also seen its foreign joint venture factories close and cronies of its ousted presiden...

In his first reaction to the budget on Monday, Gandhi had alleged that the Narendra Modi government plans to handover the country's assets ...

"India's aspiration to become a USD 5-trillion economy depends critically on promoting 'probusiness' policy that unleashes the power of com...

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

"All this blame, all this criticism is by vested interests, especially by crony capitalists who are being forced to pay back their loans," ...

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...

So far big Indian business houses have enjoyed a huge competitive advantage of 'being on the inside track' and having the networks.

JD(U) welcomed decision to quash allocation of 214 of 218 coal blocks allotted since 1993 and said it was first effective blow to "crony ca...

Comptroller and Auditor General (CAG) Sashi Kant Sharma today made a strong case for effective dealing with the menace of crony capitalism.

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

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...

Manish Tiwari alleged that the state BJP govt has created "crony capitalists," not the 'new middle class' as it has been claimed.

Plan panel may drop reference to crony capitalism after protests from ministers who are of view that any mention would be an acknowledgment...