Much of this fits with President Donald Trump’s rhetoric and anti-trade stance. He believes that the world treats America unfairly, in benefiting from open borders and…
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By Arun Maira |
The over-arching goal of a society should determine how trade must be regulated. If the over-arching goal of humanity is to increase the size of the global economic pie…
By Jagdish Rattanani |
We have been taken too far away from our natural moorings and there is now value and opportunity for those who can help the nation pull back from the brink. Mamata has…
By Usha Thorat |
Getting the inflation projection even nearly right is tough, especially when a huge component is food and fuel. Hence RBI has to necessarily act on the basis of the…
The MPC resolution way down refers to the twin balance sheet crisis in these words: “…it is especially important that domestic macroeconomic fundamentals are…
By Himadri Bhattacharya |
The central message flowing out of this survey is loud and clear: continuance of the neutral stance for some more months with a good chance of a rate hike towards the…
By Ajit Ranade |
One of the significant global trends these days is the rise of protectionism. Prime Minister Narendra Modi identified this as one of three major global challenges in his…
By Ajit Ranade |
These days there is much hand wringing about the unfair treatment of the southern States in their share of tax resources of the nation. For the moment, leave…
By Thomas Isaac |
In India, the Union Finance Commissions appointed under Article 280 of the Constitution after every five years is the institution for recommending the vertical division…
By Chetan Dalal |
The nation can afford nothing less than a full-fledged and transparent account of the letters so issued, the liabilities they raised, how many of such liabilities are…
The RBI Governor, Urjit Patel, speaks of the “anger, hurt and pain at the frauds and irregularities”. For once, he puts it plainly: “…these practices amount to a looting…
By Jagdish Rattanani |
Within a year, HLL was reporting losses for the first time in its history, sending a worried Chairman straight to New Delhi to lobby with the powers that be. This was to…
By Ajit Ranade |
On March 6, more than 10,000 farmers set off on a silent march from Nashik to Mumbai. This march was called by the Akhil Bharatiya Kisan Sabha. Their main demand was…
We must not forget that the RBI has a seat on the PNB board. In any case, the supervisory machinery by RBI should have caught on to this mismatch across the banking…
By Arun Maira |
It is unlikely that the conversion of publicly owned enterprises into privately owned ones will, by itself, reduce the rot in enterprises. The fundamental problem is in…