There are great expectations about the growth in the size of the Indian economy: that it has already exceeded the size of France’s economy, and that very soon it will…
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By Ganesh N Devy |
The SIT constituted by the Karnataka government deserves praise for getting closer to cracking the conspiracy of killing several intellectuals. Those involved in the…
The policy repo rate, which (over time) drives the rate at which banks lend to customers, has moved up from 6 per cent to 6.5 per cent in the last four months. The MPC…
By Jagdish Rattanani |
But what is not a trick and carries the potential of a powerful framing of issues for 2019 is the message of “love versus hate”. Captured in a line and placed on a…
The annual study of State budgets released this month by the RBI comes amid important developments in the fiscal architecture of the Indian federal system. The Central…
By Ajit Ranade |
The Standing Committee on Energy in its thirty-seventh report to the Lok Sabha said that there are 40,000 megawatts of power projects which are under financial stress.…
By Ajit Ranade |
The two reports serve to highlight macroeconomic concerns as we head into an election year. Consider some of the challenges. The Consumer Price Index (CPI)-based…
By Ajit Ranade |
A recent report from the globally renowned Brookings Institution shows a dramatic reduction of poverty in India. As of May 2018, India has 73 million people living in…
We are on the edge of a full-fledged trade war. The U.S. has raised tariffs, China is hitting back and businesses are watching worriedly as tensions rise and uncertainty…
The Rupee is falling. We are within striking range of Rs.70 to the US dollar. In intraday trade, the currency touched an all-time low of Rs.69.10 in the last week of…
Eight years and 17 reports later, it is not clear if “pre-emptive” actions have worked to control some of the messes that are all too obvious in the system. One of the…
By Ajit Ranade |
The perception of safety of deposits in public sector banks is because of an implicit guarantee that the main “owner” or shareholder, i.e. the government of India, will…
By Vappala Balachandran |
A Brookings paper (June 8) quoting US defence sources said: “Adding the Indian Ocean to the mix dilutes China’s influence: It increases the size of the pond and adds…
By Ajit Ranade |
The central banks of US, EU and Japan, for almost a decade, followed a policy of printing money, and kept interest rates near zero so as to induce more lending by banks…
By Arun Maira |
The inability to ‘pick winners’ with certainty in a dynamically changing world is the principal argument of liberal economists who oppose the very idea of governments…