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…
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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…
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,…