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While most changes are welcome, they will have to be assessed in light of current fund structures
The Centre has come to commandeer too much of resources through centrally-sponsored schemes over the formulation of which the states have no say. These schemes are implemented by the states but the Centre takes credit for them.
For India, which has a minuscule share in world trade, initiatives such as the RCEP throw up the opportunity to economically integrate more closely with this dynamic region. We cannot afford to ignore such opportunities as they do not wait indefinitely.
Automobile sales paint a dark picture of the sector's health, earnings may be downgraded to be in touch with the ground reality
Rate cut to deepen the coordinated counter-cyclical policy stimulus measures to revive consumption, investment and growth
India’s September manufacturing PMI, though weak, is much better than the global average
The offers lined up so far barely move the needle
A look at Masayoshi Son’s investments in Indian startups like Oyo and Ola would show Softbank’s inclination to invest at inflated valuations. It is time startup founders and their financial backers stop bluffing
As the RBI has succeeded in stabilising immediate economic settings, it will now play a bigger role in restoring the confidence in financial system to preserve policy effectiveness.
The sharp cut in corporate tax rates especially for new projects should help propel an investment demand recovery in the December quarter.
India will need both a capable and expanded foreign service working in co-ordination with political parties, business communities, intellectual elites and the diaspora, and to display adherence to values that are attractive to other nations to push an ‘Indian model’ of politics and development that can challenge the Chinese one.
The next few months should provide clues on whether the consumption engine is staging a revival or not
Bank loans to non-banking finance companies, however, have been increasing
The core industries index contracted in August 2019 for the first time since April 2015
Reducing expenditure to offset the tax cuts and keep the deficit in check would be an own goal for the government
India is among the world’s worst-affected countries due to climate-induced natural disasters, and yet none of our cities or urban bodies have factored measures to fight this.
China's growing steel output continues to pose a risk to steel prices
Many retailers have started charging money for plastic bags if not ban them outright and this has had a positive impact, but it is not enough when we look at the larger picture. A mere shift from plastic to paper won’t help the environment.
The two countries need to keep engaging and not let the momentum fizzle out. A successful conclusion of the trade package can be a harbinger of how deftly the two sides can tackle bigger issues in the future.
British polity is undergoing a churn unlike any in recent history and it will end up reshaping the nation’s political texture. Whether British politicians are ready for this change is a different matter altogether.
The UN Conference on Trade and Development says that for India, a $1 billion cut in direct taxes will lead to a $0.2 billion boost to GDP
The RBI will now be expected to do its bit to complement the government’s efforts to reverse the slowdown.
To allow the Lakshmi Vilas – Indiabulls housing merger or not? It’s a tough choice for RBI.
Several studies indicate that coal is losing its charm in India. The global trends indicate that global capital is fleeing coal. In such a scenario, is it a smart move for India to open commercial coal mining to 100 per cent FDI?
Bidders are asking for immunity from any past financial misdeeds, but the government should draw the line.
