Governments sometimes bury their heads in the sand, like ostriches, to avoid uncomfortable realities. The pandemic which destroyed livelihoods of millions of workers,…
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By Ajit Ranade |
The very foundation of a robustly functioning democracy is a high degree of social capital and trust. Let us not jeopardise that.
By Jagdish Rattanani |
The nation is sailing through very turbulent times. The ship rocks wildly these days, so much so that one may worry of a real danger of sinking in the treacherous waters…
By Ranjit K Pattnaik |
The resolution of the Monetary Policy Committee (MPC) on February 05, 2021 came against the back drop of a perceived optimism of growth revival set out in the Union…
By Himadri Bhattacharya |
In India, it is customary for the RBI to lend support to the Central Government’s fiscal stance and other major economic and financial announcements made in the Budget…
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The Finance Minister has ticked all the boxes except splurging direct cash and tax reductions. The direct cash transfers do have the potential of boosting consumption in…
By Indira Hirway |
A majority of Indians suffered in multiple ways during the last year. The crisis that started before Covid came to India, and became increasingly severe during the…
By Ranjit K Pattnaik |
The Union Budget for 2021- 22 was presented against the backdrop of a complete collapse of realisation of revenue receipts, particularly tax revenues and disinvestment…
By Ajit Ranade |
The government cannot spend even a rupee without the consent of parliament. hence its annual spending plan, called the Union Budget proposal is tabled in the Lok Sabha,…
By Himadri Bhattacharya |
The finance minister, by swiftly replacing with a tablet, the red-coloured cloth bag containing budget documents that she had famously described as the proud khata-bahi…
By Usha Thorat |
Governor Reddy famously once said that you cannot find a financial sector solution for every real sector problem. But this time around, all were agreed that unless one…
By Ranjit K Pattnaik |
The Economic Survey 2020-21 offers the spirit of generous optimism on the growth front but this comes coupled with an overdose of complacency. Growth, it is proclaimed,…
By Saugata Bhattacharya |
"I want to see a post-pandemic budget never seen before in 100 years," Nirmala Sitharaman, India’s Finance Minister, confidently and boldly stated on 18th December 2020
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Bank Fixed Deposits (FDs) are the only investment product people don’t think twice about before investing. They are considered the safest form of investment ensuring…
By Ranjit K Pattnaik |
RBI Governor Shaktikanta Das is on record as having said that a wider inflation target band will be meaningless as it will dilute its effectiveness in setting monetary…