A recent paper goes through surveys, election results and social spending data from 1962 to 2014 and arrives at a simple conclusion: Voter choices in Indian are driven more by caste and identity politics rather than economic interests.
Lupin’s shares fell after an FDA inspection led to its US unit being issued an adverse warning. Other pharma companies too have tripped on inspections, raising fears that compliance issues are very much alive for the industry
Intervention in the currency market will help attain the twin objectives of building reserves and keeping the rupee competitive for Indian exporters.
BJP’s #MainBhiChowkidar campaign appears to be a counter to the Congress’ #ChowkidarChorHai campaign. In 2014, the BJP turned to its advantage the ‘chaiwala’ comment. Can it repeat that success?
The drawback in interpreting the strength of the economic cycle from the GST revenue is the associated issues of stabilisation, compliance and evasion.
Fall in imports of electronic items could signal improvement in deficit with China
Considering the impact on the banking sector, RBI needs to issue the operational and other guidelines for both banks and NBFCs so as to enable them to make the transition to Ind AS.
Rural wage growth has fallen off the cliff. It is therefore small wonder that, at the fag end of its term, the Modi government has been trying its best to dole out sops to this class.
Even professional money managers are susceptible to anchoring bias. This begs the question that if professional money management is not the solution, then what is?
The MEA statement in response to the outcome of UNSC 1267 sanctions committee meeting did not even name China directly as being responsible. This, when on previous occasions, MEA statements have actually criticised China by name.
To make its ‘search image’ feature work, WhatsApp will use Google’s reverse image search which itself is facing challenges.
Nestle decides to keep its royalty constant at 4.5%. That will be a relief for investors who were fearing an increase. Its 2018 annual report shows that cash flows are rising and are healthy but working capital is showing some strain
In a democracy, manipulating and suppressing data is akin to shooting yourself in the foot.
The RBI should also reduce the Cash Reserve Ratio (CRR) to ensure enough liquidity
Factionalism has always been a problem for Congress’ Tamil Nadu unit and after Kamaraj, the party has not had a single charismatic state leader in decades.
The RBI would do well to actively intervene in the currency market to attain dual objectives of building reserves and keeping the rupee competitive for Indian exporters.
Imports from China accounted for around three percent of total imports in 2000-01, but it expanded to 16.4 percent of total imports in 2017-18
India should avoid any knee-jerk reaction such as restricting Chinese imports and deal with the issue as a mature democracy.
The State Election Commission’s directive to not politicise the Supreme Court’s Sabarimala verdict levels the playing field for the Left front which till now had its back to the wall.
NCLT order on ArcelorMittal’s resolution plan for Essar Steel highlights dependence on Essar Group’s infrastructure and seeks continued access. Also cites Wednesbury Principle to ask for a more equitable distribution to all creditors.
A FII buying led rally or a pre-election rally, the market has surprised everyone with its move. But is there still some move left in the rally?
Rather than focusing on the merits of what his government has achieved, Kejriwal seems to be busy blaming the Congress and alleging political conspiracies.
YouTube Music starts journey in a market where less than 1 percent pay to listen to music. Besides, it will have to fight a dozen streaming apps who offer both free (with advertisements) and premium services.
The new government would need to prepare a roadmap for implementing regulatory reforms that will enable India to attract investment and build businesses.
Improved capacity utilisation…provides a lead indication of a “reinvigoration of investment activity,” says RBI staff paper.