The Reserve Bank thinks conventionally of itself as a central bank and refuses to stray beyond its role; so most of its publications are deadly boring. Its internal proceedings must be even more so. How...
The levy of MAT on foreign companies became a contentious issue and led to an outflow of foreign capital from India. The tax dispute has hammered the Indian stock markets and dented the business-friendly image...
Historically, determination of wages is one of the most complex issues in economic theory. The complexity primarily arises due to the imperfect labour market conditions and prevalence of structural rigidities such as existence of trade...
Farmers committing suicide is not a new thing. Although it can happen for personal reasons, however, the economic ones gain prominence. Crop failures, inability to get the right price, and insurmountable debt are the factors...
One year back Narendra Modi came to power in India with the overwhelming support of the media and the corporate sector. These two elements continue to extend its support to the government though the former...
Most Indians have a fixed view of Modi – generally an extreme one, whether favourable or unfavourable. None of us gives him a second thought: either he is a god fit for a temple, or...
The media discourse on MUDRA (Micro Units Development and Refinance Agency) proposed in Budget 2015-16 has not yet fully revealed the theoretical depth and practical wisdom behind the idea. It is a potential game-changer for...
A side effect of India’s population growth and economic expansion is the increased pressure they put on the nation’s water, food and energy supplies. Analyst Michael Kugelman talks to DW’s Srinivas Mazumdaru about the challenges....
Haseeb Drabu was a journalist once; he and I were colleagues some 15 years ago. Since then, he has been banker, bureaucrat business advisor, and much else. He has just become finance minister of Jammu...
Companies are selling bonds like madmen. This year through Tuesday, investment-grade and junk-rated companies have sold $438 billion in new bonds, up 14% from the prior record for this time of the year, set in...
A few months back there was a World Bank Report, inter alia, highlighting that India slipped to the 142nd position in the ranking of 189 countries in respect of ‘Ease of Doing Business’ which prompted...
The Indian stock market has been on a roll since end 2013, as poll forecasts started to predict the end of the corruption ridden and rudderless, leaderless Congress government and the potential win of the...
