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The annual study of State budgets released this month by the RBI comes amid important developments in the fiscal…
Eight years and 17 reports later, it is not clear if “pre-emptive” actions have worked to control some of the messes…
By Arun Maira |
The inability to ‘pick winners’ with certainty in a dynamically changing world is the principal argument of liberal…
By Usha Thorat |
Given the global conditions, Fed rate hikes, capital outflows, elevated oil price rise, closing output gap, rising…
By Himadri Bhattacharya |
MPC's unanimous decision for a rate hike that has come after a gap of more than four years took note of the…
The overall growth signals both from the demand side (consumption and investment) and supply side (agriculture,…
By Arun Maira |
The over-arching goal of a society should determine how trade must be regulated. If the over-arching goal of humanity…
By Usha Thorat |
Getting the inflation projection even nearly right is tough, especially when a huge component is food and fuel. Hence…
By Himadri Bhattacharya |
The central message flowing out of this survey is loud and clear: continuance of the neutral stance for some more…
By Jagdish Rattanani |
Within a year, HLL was reporting losses for the first time in its history, sending a worried Chairman straight to New…
By Arun Maira |
It is unlikely that the conversion of publicly owned enterprises into privately owned ones will, by itself, reduce the…
By Himadri Bhattacharya |
Clearly, in the hierarchy of preference of MPC, the need to support growth and investment ranked higher than the…
By Usha Thorat |
The real challenge for debt management will be to ensure that yields are not pushed up unduly, as this would have an…