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…
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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…
By Indira Hirway |
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…
By Arun Maira |
Objections to Greenpeace’s strategies by Extinction Rebellion (XR), the environmental movement whose supporters occupied Greenpeace’s offices last year, as well as its…
By Ajit Ranade |
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…
By Himadri Bhattacharya |
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…
By Ajit Ranade |
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.…
By Rupa Rege Nitsure |
The revenue arithmetic of the Budget is quite conservative. Factoring in the protracted slow-down phase and a shortfall in personal income tax revenue and GST receipts,…
By Ranjit K Pattnaik |
As per the empirical exercise set out in the Economic Survey of Government of India 2018-19, the Indian economy will grow to 5 trillion-dollar economy by 2024-25 with an…
By Jagdish Rattanani |
This is not a big bang budget. Nor is it particularly bold though the government says it is walking towards the vision for a decade in which the five- year stop is a…
By Ranjit K Pattnaik |
While presenting the budget the Finance Minister (FM) recognises that NBFCs play an extremely important role in sustaining consumption demand as well as capital…
By Jagdish Rattanani |
Prime Minister Narendra Modi has focused on the water crisis facing the nation in his first Mann Ki Baat of the post-election season. The Prime Minister said: “…let’s……
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As intermediaries of the financial system, conventional banks accept deposits and lend money on the basis of a predetermined rate of interest. Under a non-interest-based…
By Ajit Ranade |
India’s telecom revolution has earned the world’s admiration. At one stage,it was the fastest growing, lowest cost sector in the world, providing inclusive development…
By Ganesh N Devy |
It was the remarkable foresight of the makers of the Indian Constitution that they thought of creating a dedicated Schedule of Languages - the 8thSchedule – which…