Deccan Herald

The yawning gap between the mischievous claims and verified data is exactly as it was in the case of ‘black’ money before and after demonetisation. That act dug the grave for small and informal business without tracing any black money. Similarly, the NRC verification exercise may eventually destroy... read more

Over the last several years, Public Sector Banks (PSBs) have been struggling hard to come to grips with mounting Non-Performing Assets (NPAs). Now, PSBs are struggling at the core of their business, which is credit offtake. On NPAs, the government claims that with the Insolvency & Bankruptcy... read more

This is going to be a merger like none other. We had 27 public sector banks (PSBs) in 2017. We have seen two mergers already in recent times – Vijaya Bank and Dena Bank merged into Bank of Baroda (BoB) in April, and the State Bank of India absorbed five of its associates and the Bharatiya Mahila... read more

If many car factories find themselves running idle, or with surplus inventory it could be because there was over-investment in the sector. Owing to a rosy outlook and perhaps excessive exuberance a few years ago, many independent car companies decided to invest in new capacities, to take advantage... read more

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 responsibility’ (CSR). This requirement came as part of the new company law of 2013, which replaced the fifty-seven-year-old company law of... read more

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 under Article 370. On August 6, Rajya Sabha MP Subramaniam Swamy demanded withdrawal of India’s complaint to the United Nations... read more

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 means Rural and Urban combined, abbreviated as CPI-C) continues to remain benign and is projected to be within the target of an... read more

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 office in the Western suburbs of Mumbai for a long conversation in which he explained upfront how he was not the last word in honesty... read more

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 those of the other towering figure of his generation, Tagore. Also, fittingly, we are just weeks short of Tagore’s 78th death... read more

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 which it has started and carries the potential to burn down important segments of the Indian economy. The government is... read more