India’s modern tax reform agenda was defined by the reports of two celebrated task forces, both chaired by Vijay Kelkar.
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The fifth bi- monthly monetary policy statement 2017-18 setting out the resolution of the Monetary Policy Committee (MPC) has kept the policy repo rate unchanged at 6…
Weak investment demand would impede a higher growth trajectory. To top it, the predominance of consumption-led growth is a matter of serious concern in terms of…
In September 2016, with an amendment to the Reserve Bank of India (RBI) Act, 1934, almost eight decades of operations relating to monetary policy goals, frameworks, and…
By Praveen Dixit |
A case of police brutality in Sangli, a district of 2.8 million people in the well-connected Western Maharashtra region, should send alarm bells among every…
We are here because, as the RBI Deputy Governor Viral Acharya once put it: “Original promoters – who rarely put in any financing and primarily provide sweat equity –…
By Ajit Ranade |
Inequality cannot be remedied merely by depending on the goodwill and moral compulsions of the very rich. We have to acknowledge that India has one of the lowest direct…
We seem to have reduced the discussions on financial inclusion to a mechanical exercise in arithmetics, namely, geographically covering unbanked areas, or covering…
This column, provided here to illustrate Mr. Tarapore's sharp focus on the common person and his depth of understanding of the core issues at hand.
This column, provided here to illustrate Mr.
By Jagdish Rattanani |
The asking price from the builders is (artificially held) steady and some are working almost like cartels to hold on to high-cost inventory rather than see the prices…
By Ajit Ranade |
Crude oil prices have sharply risen by almost 25 per cent in the past two months. There are several reasons for this.
By Himadri Bhattacharya |
A narrow direct-tax base, a retrograde direct-indirect tax structure, widespread tax evasion, complex tax rules, an inefficient and rent-seeking tax administration have…