The Modi 2.0 Government has come out with its Budget 1.0. As wide expected, the objective of becoming a $ 5 trillion economy has driven this budget and it reverberates all the initiatives announced in...
As expected by nearly everyone except the futures market, the Fed did not cut rates last week and predicted only one in the future and not until next year. This contrasts with the futures market...
In a bid to boost drug innovation and local manufacturing under Make in India program, Government of India has brought in multiple regulatory reforms. The recent notification of New Drugs and Clinical Trial Rules (“Rules”)...
Mohandas Karamchand Gandhi was born in 1869 in Porbandar, India, Gujarat, the province of the current Prime Minister Narendra Modi. Although at the opposite of Gandhi’s thinking and especially his non-violent practice, Modi obviously did...
India is primarily and widely known as an agrarian economy where the mainstay of a large chunk of the people is agriculture. More than 50% of the population either depends directly or indirectly on agriculture....
Credit flow to the commercial sector is like the pulse of the economy. The relationship between the duo can be traced back to the writings of Schumpeter (1911) who argued that the financial sector can...
Youth of today are the key instruments for positive social change and the driving force for economic development and technological innovation. The changing social and economic environment impacts people in different ways and it is...
Conflict between sentiment and hard data is not unusual but is already looking like the biggest challenge for investors in 2019. Real activity Index chart comes from the collaboration on global economic data between the...
Viewed from richer countries and specially old Europe, the world is crazy. It is heading for disaster. China is on its long journey towards a final financial crisis. India fell into fanatical religious nationalism and...
Corruption and poor governance as a major deterrent to investment and economic growth is well known. Yet in many spheres we have accepted corruption as a way of life. However, with the growing public awareness...
Targeting the poor has been a constant challenge for policy makers in India. In the early 70’s the social planners followed the strategy of growth mediated development policies with the assumption of ‘Trickle Down Hypothesis’...
In a world of rapid economic transition, where global economic growth is increasingly dependent on technology, growth of human capital is crucial for stimulating local and national economies. Human capital as a measure of education...