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Business Tit-Bits: The Neta fails, the Babu is punished


India is in the midst of an economic slowdown and the murmurs of dissent have gotten louder and reached the highest levels of government. That’s perhaps reflected in the sudden transfer of Mr. S C Garg to a demoted portfolio. He has been among the most powerful finance secretaries that India has seen in recent times. He was ever willing to pick up fights on behalf of the government, whether with the RBI, SEBI, MPC or any other body, clearly at the instructions of his political masters. In spite of this, he was summarily dismissed; we give you all the details. #SCGarg #NirmalaSitharaman #AkhileshBhargava

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