GST dues — States to fend for themselves
Borrowings can at best be a temporary solution; Centre along with its siblings must explore more durable measures to shore up tax revenues
Editorials of The Times | Three Trump supporters have a new target: Germany
Trump has been especially worked up by the notion that the United States is paying a disproportionate share of the cost of protecting Europe from Russia while Germany is cutting gas deals with Moscow
The Fed’s evolution is coming to a computer screen near you
It is unclear whether the adjustments Powell and his colleagues make will be enough to deal with the headwinds of the modern economy
Can shopping malls survive COVID-19?
Overwhelmed by the dual onslaught of online shopping and COVID-19, malls have abandoned the concept of traditional shopping and are moving towards businesses that are less likely to suffer the offensive of digital commerce and the requirements of social distancing
The Bimal Jalan committee binds RBI transfers to the government
Now, once the RBI balance sheet expands, the contingency fund will expand as well to protect the balance-sheet. This is like the countercyclical buffer which implies that when the balance sheet is expanding one is also adding to the risk buffers
Chart of the Day | Which sectors have seen the maximum fall in lending rates?
Fall in borrowing costs has not been uniform
Cattle-smuggling from Assam to Bangladesh continues. Here’s why
The Assam government needs to do more to check cattle-smuggling which might have reduced in volume now, but is still continuing
Time for a policy rethink on crime and poverty eradication
COVID-19 has changed patterns of crime and poverty levels, but new research in behavioural science holds valuable insights for redrawing effective policies
The Future of Kishore Biyani
India’s original retail king survived several close calls in business in the past. But this time, he may finally lose the Future group, which he has built up over two decades
McKinsey Global Institute: Making the peacock dance
The report is actually a warning -- unless India is able to considerably raise its growth rate, it risks massive unemployment
GST rate cut for two-wheelers: Time for action, not mere announcements
Those in favour of a tax cut point to the strong backward linkages of the auto sector that would help in accelerating economic growth
To deal with China, Trump should learn German
The looming Cold War with China — over trade, technology and global influence — will be fought in Berlin
How the UK restarted its restaurant industry: Paying half the bill
The restaurant industry is grateful for the rush of customers, but there are concerns about whether a temporary discount can trigger a sustainable recovery
Maharashtra Politics | Thackerays are the target
With Uddhav Thackeray appearing to be a strong leader, with the backing of Sharad Pawar, the BJP is shifting its focus on Aaditya Thackeray
No surprises in Moody’s downgrade of SBI
SBI is a proxy for the Indian economy. Given the expected deep economic contraction due to the COVID-19 pandemic, it would be a surprise if SBI maintains asset quality and profitability in the coming 12-18 months
US-China ties | The tap on Huawei has been turned off. What next?
Whatever the fates will yield in November, it is clear that US-China relations are not going to get back to what they were before 2018
Chart of the Day | How much time did the MPC spend in discussing growth?
In the last meeting of the rate setting committee in August, inflation was mentioned 147 times in comparison to 43 times for growth
Abolishing LTCG could be an easy way for the government to boost the economy
For the government, loss in revenue on account of LTCG would not be much, but for the markets it would be a big sentiment booster
Loyalists turned critics put Congress in a flap
The central reality in the Congress party is that there are a set of loyalists who have vociferously insisted on the party being continued to be led by a Gandhi. They owe their positions to their expression of loyalty
Light and shadow in solar play
Urgent steps needed to resolve disputes, enforce contracts and cut delays to charge up renewable energy
We just crossed the line debt hawks warned us about for decades
There is a growing sense that the US could take on even more debt without any serious consequences
Why Trump’s approval ratings on the economy remain durable
The President has built an enduring brand with conservative voters, who continue to see him as a successful businessman and tough negotiator
ITC: the risks from COVID-19 to its cigarettes business
In the initial stages of COVID-19 cigarette sales got whacked which was not surprising but what if the effects are visible in the longer run as well
US elections | Virtual party conventions are dampeners
The grapevine has it that Donald Trump decided that his endorsement for the second presidential run will take place in Charlotte because that is where Barack Obama was re-nominated for his second term in 2012
