In India, banking contributes to more than three-fourths of the funding needs of the economy. Indeed, most of the personal financial savings of the people are also…
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The question that must be asked is this: Is our money safe in banks? How and why should Indians believe in anything that is reported by the bank managements, their…
By Ajit Ranade |
There are many positive features of the Union Budget presented on February 1. First, there is great expenditure restraint.
The Union Budget 2018-19 has in many ways dishonoured prudent fiscal management and thereby has bid goodbye to the idea of fiscal governance.
By Himadri Bhattacharya |
Clearly, in the hierarchy of preference of MPC, the need to support growth and investment ranked higher than the necessity of curbing inflation expectation. Be that as…
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 impact on borrowing rates all around. The…
The Monetary Policy Committee (MPC) of the RBI at its last sitting for the current financial year and the first meeting after the Union Budget has decided by a majority…
By R Gopalakrishnan |
The Prime Minister now faces a Modi moment. India needs leadership to reach out and honestly attempt a rainbow effect of people policies, irrespective of political…
By Saugata Bhattacharya |
The good news in this is that the synchronised global recovery and the lag in the conservative monetary policy response is likely to make the “risk-on” investor…
If 2017-18 is any guide, there are serious question marks on reaching the budgeted fiscal numbers for 2018-19. This has implications for budget integrity. The finance…
By K. G. Karmakar |
This visionary and reform-oriented Green Budget for 2018-19 was expected to be a populist budget in view of the looming elections in 2019. While the middle-class may…
By Himadri Bhattacharya |
Its rural and social sector proposals, the most attention-catching and hotly-debated of which is the Rs. 5 lakhs a year assistance to 10 crores families for medical…
By Indira Hirway |
There is no doubt that the budget has come out with several new ideas. However, there are a few questions that need clear answers (1)are the targets given in the budget…
By Usha Thorat |
We are in for difficult times. Tackling the real sector by determined action to complete the implementation of stalled projects, push on infrastructure and further…