India's black swan moment is here. Its total unpredictability is sending jitters across already shaky markets.
...Full StoryForeign scrutiny will trigger much-needed prudence in India’s fiscal management. It will also generate a new wave of economic reforms and lift our economy as happened in the '90s.
...Full StoryUnlike earlier slowdowns, this one has all the ingredients of a perfect storm. How long will it take for official interventions to ease the difficulties the Indian economy has to face?
...Full StoryA direct cash transfer to the poor is a powerful idea, and whichever political party comes to power at the Centre will feel compelled to move towards it in order to repair India's broken fiscal engine.
...Full StoryWhy is the world's fastest-growing economy also suffering the fastest growth in joblessness? And how can the next government break through this vicious impasse?
...Full StoryIs anti-incumbency the basic nature of Indian electoral mandates? Do people vote on performance or promises?
...Full StoryLosing the IMF bailout battle might just be the opportunity a beleaguered Pakistan needs to get closer to Chinese and Saudi support.
...Full StoryThe biggest chink in Narendra Modi-Amit Shah’s electoral armour is the economy which is the grip of strong deflation and plummeting demand. It is here that the Opposition has its sharpest advantage.
...Full StoryHas the WEF Summit turned into nothing more than an annual jamboree of global economic contradictions?
...Full StoryGDP numbers tell a fantastic story of India's economic resilience in which the country’s politics has turned farcical.
...Full Story[Book extract] Business in India blossomed always in tune with liberal religious thought, where profit and credit had its sanction in all religious texts.
...Full StoryIt's more than worrying that the government and oil companies are seemingly clueless about the next course of action on petroleum prices.
...Full StoryHow Modi government is divided on the very genesis of NPAs.
...Full StoryVajpayee was the first PM of India who dared to rein in government spending.
...Full StorySocial media's battle against fake news and bigotry is bad news for politics.
...Full StoryGoing by the high-octane global missions of Narendra Modi, India's exports recession remains an enigma.
...Full StoryAs polls approach, most of the states have started flouting Goods and Services Tax norms.
...Full StoryEven high support price for crops is unlikely to solve the issue.
...Full StoryThe NDA government could have easily pushed India's growth to more than 8 per cent.
...Full StoryThe big hits and misses.
...Full StoryStates, not Centre, will have to take deeper cuts on VAT to avoid uncontrolled inflation.
...Full StoryThe fiscal acumen of Modi government was essentially based on the proceeds of heavy taxation on cheap crude. Now we are back to square one.
...Full StoryThe crisis is a result of recent policy miscarriages and disconnected government interventions.
...Full StoryThe number of returns filed each month is limited to 70 lakh, though the number of taxpayers registered with the GSTN is over one crore.
...Full StoryThe legislature's fiscal power is the cornerstone of constitutional democracy.
...Full StoryIt's time the RBI and the government do to banks what SEBI did to the stock market after the scam in 2001.
...Full StoryThe heist appears a well planned quick swindle not a prolonged one.
...Full StoryWhen it comes to stealing from the banks, nothing seems to have changed since the era of Ketan Parekh and Harshad Mehta.
...Full Story