In the medium to long term, the rupee will always depreciate against the dollar. The reason for this is that the rupee loses purchasing power domestically, due to…
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By Ajit Ranade |
The trust capital in India lags far behind the Scandinavian countries or even in East Asia. This trust deficit is the most abstract and difficult to bridge. It needs…
By Jagdish Rattanani |
The largest public sector bank and the largest private sector bank have announced losses for the first quarter (Q1) of the financial year 2018-19. The results have…
By Arun Maira |
There are great expectations about the growth in the size of the Indian economy: that it has already exceeded the size of France’s economy, and that very soon it will…
By Ganesh N Devy |
The SIT constituted by the Karnataka government deserves praise for getting closer to cracking the conspiracy of killing several intellectuals. Those involved in the…
The policy repo rate, which (over time) drives the rate at which banks lend to customers, has moved up from 6 per cent to 6.5 per cent in the last four months. The MPC…
By Jagdish Rattanani |
But what is not a trick and carries the potential of a powerful framing of issues for 2019 is the message of “love versus hate”. Captured in a line and placed on a…
The annual study of State budgets released this month by the RBI comes amid important developments in the fiscal architecture of the Indian federal system. The Central…
By Ajit Ranade |
The Standing Committee on Energy in its thirty-seventh report to the Lok Sabha said that there are 40,000 megawatts of power projects which are under financial stress.…
By Ajit Ranade |
The two reports serve to highlight macroeconomic concerns as we head into an election year. Consider some of the challenges. The Consumer Price Index (CPI)-based…
By Ajit Ranade |
A recent report from the globally renowned Brookings Institution shows a dramatic reduction of poverty in India. As of May 2018, India has 73 million people living in…
We are on the edge of a full-fledged trade war. The U.S. has raised tariffs, China is hitting back and businesses are watching worriedly as tensions rise and uncertainty…
The Rupee is falling. We are within striking range of Rs.70 to the US dollar. In intraday trade, the currency touched an all-time low of Rs.69.10 in the last week of…
Eight years and 17 reports later, it is not clear if “pre-emptive” actions have worked to control some of the messes that are all too obvious in the system. One of the…
By Ajit Ranade |
The perception of safety of deposits in public sector banks is because of an implicit guarantee that the main “owner” or shareholder, i.e. the government of India, will…