While Kamal Nath could not drastically improve the support base in the MP assembly, Ashok Gehlot was not content with the 99 seats won in Rajasthan; he worked to increase the support base to 117 in a House of 200
With a significant part of the country’s debt due for repayment in the current fiscal year, there is enhanced refinancing risk, considering the global financial market backdrop and COVID-19. Sizeable foreign exchange reserves place India in a better position to deal with this risk
Real deposit rates have been negative since December even before COVID-19 struck
The rainfall trend is showing a decelerating trend, with the Northwest cluster the main culprit. That appears to affect sowing but is still healthy over a year ago
Oil prices show that despite the supply-side cuts, demand continues to be under pressure
Instead of unilateral action, India and US must help in building global consensus on cross-border taxation rules
Playing politics at a time when all forces should join the fight against the virus is very unfortunate
Will cancellations of contracts given to Chinese companies and re-tendering processes cause delays in infrastructure development? Or will pushing back Chinese investments benefit infrastructure companies at home?
Truth be told, pants were never really made for the Indian male with his signature paunch atop mostly short legs making for a rather comical combination.
While regulations may imply safeguards, it is up to the industry players to instil and increase stakeholders’ confidence in the growth story of the FinTech and payments industry
The Arakan Army’s Beijing connection is well established and there is speculation about its involvement in the narcotics trade
The levelling off recovery on reopening calls for concerted containment efforts, and policy clarification
Though the transmission of the virus from one human to another is non-discriminatory, the impact of the infection and the measures taken in order to prevent, cure and treat COVID-19 has had a discriminatory impact based on one’s position in the social ladder
Households are likely to have a higher propensity to save, given the income uncertainties due to COVID-19
The plan to privatise some of the banks like Punjab & Sind Bank, Indian Overseas Bank and Bank of Maharashtra is downright outlandish
SIAM’s repeated requests to the government for a temporary 10 percent cut in GST across auto segments, are justified. Also, an incentive-driven scrappage policy and procurement programme for diesel/CNG business by state transport undertakings could spur sales and alleviate tepid demand
There is no dearth of funds for good companies
States’ proposal to extend the time period looks sensible at a time when Centre’s ability to pay them their dues looks limited
There may still be a remote possibility to save the Congress, if Rahul Gandhi can take full command and get his mother to retire completely. Sonia Gandhi must let go if her son has to succeed and deliver
Reliance’s overarching strategy: dream big, plan perfectly and execute flawlessly
China’s economy is in good shape which augurs well for industrial commodities
Former RBI governor predicts that bank NPAs will rise to unprecedented levels.
The reform of the BIS board will go a long way to make the BIS a truly global institution. It will also act as a benchmark for other global financial institutions.
Whether it is Rahul Gandhi’s Hamletian indecisiveness or his loneliness as King Lear, it is clear that the Congress needs a decisive and strong leader at its national level to rescue the party from this Kafkaesque nightmare
