Global

By: Arun Maira
Category: Common citizen, Governance, Taxes, China-India, Global, Jobs, India politics, Indian economy, Inclusive growth
The Perfect Storm is Sebastian Junger’s riveting account of the tragic end of the best fishing vessel on the US East Coast, commanded by the most seasoned skipper, when it encountered an unusual combination of three storm systems in the North Atlantic. The boat and its skipper could handle any... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Health, Inequality, Sustainability, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
Last weekend, as the authorities began felling trees, swarms of riot police descended in the wooded enclave that is known as Aarey Milk Colony and clashed with thousands of youth protestors. Many of them were arrested and put away in various jails under judicial custody. The trees, under the threat... read more
Category: Common citizen, Governance, Health, Inequality, Sustainability, Taxes, Global, India politics, Indian economy, Inclusive growth
Actions do speak louder than words. The Indian government has for several months now been blowing its own trumpet at various fora about how it is doing more than its share to mitigate climate change. The campaign blitz on climate change is being led by the ministers, who do not miss any opportunity... read more
By: Ranjit K Pattnaik
Category: Common citizen, Governance, Taxes, Global, RBI, Jobs, India politics, Indian economy
With a fourth successive policy rate cut of 25 basis points on October 4, 2019, the cumulative reduction of rate cuts is a 135 basis points. By RBI’s own admission the “Monetary transmission has remained staggered and incomplete” So, in essence, the RBI’s monetary policy during the current fiscal... read more
By: Himadri Bhattacharya
Category: Common citizen, Governance, Taxes, Global, RBI, India politics, Indian economy
With a 25-basis point cut in the policy repo rate by the MPC of the Reserve Bank in its fourth bi-monthly meeting this fiscal, the cumulative easing in 2019 so far stands at 135 basis points. Such deep and continuous rate cuts have not been witnessed in the recent decades. Also, with the new policy... read more
By: Ajit Ranade
Category: Common citizen, Governance, Taxes, Global, RBI, Jobs, India politics, Indian economy
The freezing of accounts, and stoppage of lending and deposit taking activity of Punjab and Maharashtra Co-operative Bank (PMC) has once again brought to the fore the issue of riskiness of banks, especially co-operative banks. Unlike scheduled commercial banks, the PMC has dual regulation by the... read more
By: Aseem Shrivastava
Category: Common citizen, Governance, Health, Inequality, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
I read Gandhiji’s Hind Swaraj when I was 34. I should have read it when I was 17. But at that impressionable age, given the prevailing urban political fashions of the day, I was instead handed The Communist Manifesto. Importantly, nobody ever asked me to read Hind Swaraj. I just chanced upon it,... read more
By: Xavier Raj
Category: Common citizen, Governance, Health, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
Gandhi lived in a time when technology, science, education and energy were reshaping economic growth and world war outcomes. US and Europe reeled under the Great Depression (1929 to 1941) with the collapse of the manufacturing segment and housing in the US. Actions that led to this crash were... read more
By: Jagdish Rattanani
Category: Common citizen, Global, India politics, Indian economy
The Chairman of Indian Space Research Organisation (ISRO) Dr. K Sivan won the hearts of the nation even when the Chandrayaan-2 mission lander Vikram failed to touch the surface of the moon as planned. An emotional Dr. Sivan was moved to tears and was consoled by the Prime Minister Narendra Modi,... read more
By: Ranjit K Pattnaik
Category: Common citizen, Governance, Taxes, Global, Union Budget, RBI, Jobs, India politics, Indian economy, GST
The reduction in the corporate tax rate and other relief announced by the government as part of a stimulus package will mean revenue foregone to the tune of Rs.1,45,000 crore, or 0.68 per cent of GDP. This is a huge incentive by any account. It comes on top of a slew of other measures relating to... read more

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