There has been an animated debate since August 26, 2019 on the decision of the Reserve Bank of India (RBI) to transfer its surplus under section 47 of The RBI Act, 1934…
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By Jagdish Rattanani |
It is now over 20 days and the average citizen of the nation’s most sensitive border State, Jammu & Kashmir, remains cut off from friends, relatives and the rest of…
By Ajit Ranade |
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…
By Arun Maira |
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…
By Jagdish Rattanani |
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…
By Vappala Balachandran |
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…
By Ranjit K Pattnaik |
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…
By Himadri Bhattacharya |
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…
By Vappala Balachandran |
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…
By Jagdish Rattanani |
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…
By Jagdish Rattanani |
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…
By Aseem Shrivastava |
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 th
By Ajit Ranade |
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…
By Jagdish Rattanani |
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…
By Ranjit K Pattnaik |
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…