India is possibly the only country in the world which mandates that a profit-making company spend two percent of its after-tax profits on “corporate social responsibility’ (CSR). This requirement...
India wants to grow its economy to US$ 5 trillion. People want jobs and their incomes to grow. India needs its industrial sector to grow to absorb the millions of people coming off agriculture as...
With Jammu and Kashmir leaders behind bars, the people locked up in their houses, schools, colleges, institutions closed, and some voices from the other States celebrating this kind of action and...
Some Indian observers have said that US President Donald Trump’s July 22 offer to mediate on Kashmir has no validity after India abrogated the State’s special status under Article 370. On August 6,...
The MPC has many reasons for which it has offered a rate cut. First, observed inflation and inflation outlook measured in terms of Consumer Price Index Combined (which means Rural and Urban combined...
That the Monetary Policy Committee will reduce the policy rate for a fourth time in a row was in no doubt. Most expected a cut by 25 basis points, although there were a few who hoped for a more...
US President Donald Trump’s remarks on June 22 during Pakistan Prime Minister Imran Khan’s visit to the White House have created a storm. Trump replied when Khan requested for his help in resolving...
Many years ago, a plainclothes police officer known as an “encounter specialist”, that uniquely Indian term that has sadly become part of everyday usage, sat in his office in the Western suburbs of...
On July 11, World Population Day, a Union Minister expressed alarm, in a Tweet, over what he called the “population explosion” in the country, wanting all political parties to enact population...
A year when the country celebrates the Mahatma’s 150th birth anniversary offers us a timely opportunity to consider his criticisms of modernity and juxtapose them with those of the other towering...
The title of this column is actually a very fertile and active area of research in the economics and finance academic professions. The question refers not just to ownership by the government vis-a-...
India’s vast, mostly unregulated and fast-growing shadow banking sector is in the midst of a crisis. This is a fire that threatens to engulf much more than the sector in which it has started and...
The Union Finance Minister in her maiden budget speech on July 05, 2019 has made a significant announcement in paragraph 103 that reads: “India’s sovereign external debt to GDP is among the lowest...
Looking at the present conditions in India, anybody would expect the budget to address the most critical problems of our population, namely, poor health, a semi-literate population, the agricultural...
Objections to Greenpeace’s strategies by Extinction Rebellion (XR), the environmental movement whose supporters occupied Greenpeace’s offices last year, as well as its own successes, highlight...
In the next five years India aims to become a five trillion dollar economy. It’s a nice round number, although the word “trillion” is not quite folksy enough. It actually equals one lakh crore, the...
The full budget for 2019-20 presented on July 5 did not contain the kind of stuff that would fire up the financial markets and cause a rush of adrenaline in taxpayers and investors. In that sense,...
The interim budget in February gave a substantial stimulus to the taxpayer. Almost three crore taxpayers moved out of the net, as the minimum threshold was raised. Further the cash transfer to...
