The ongoing UN reform initiative — Action for Peace (A4P) — has human rights as one of the three central pillars of the UN system. Since this policy is to continue, the OHCHR can be expected to accumulate another set of similar data to ambush India down the line.
Gangwal approaching Sebi suggests that lawyers on both sides have failed to reach a compromise
It’s not clear whether the coalition in Karnataka will survive this scare; but, what’s clear is that coalition governments in future need to be prepared to tide over ‘resort politics’.
SEBI’s funds transfer to the government is nothing new. The oddity is the amendments in this regard are inserted in the Finance Bill. A mention by FM or a separate Budget proposal would have just done the job
IBC may have had an enabling provision with respect to cross border bankruptcy, but more work needs to be done
Businesses and equity markets will have to bear the short-term costs of fiscal restraint
The effective corporate tax rate in 2017-18 has risen to 29.5percent, a good three percentage points higher than a year ago and is the highest in the past five years
If the governments in Karnataka, Madhya Pradesh and Rajasthan were to fall or see serious threats, then nobody is to be blamed save the Congress itself.
The government must move swiftly to contain the damage to investor sentiment
If a film which depicts violence in any form is deemed unfit for children, shouldn't there be an advisory against children reading newspapers!
Things really didn’t work out with mandatory local sourcing of retail products. That possibly might force a government rethink for multi-brand retailing
India is not divorced from global macro conditions and the growth prognosis at home is as grim (relative its own historical rates) as the rest of the world.
The Karnataka political drama has once again shown why politics continues to be seen as an arena of opportunists, manipulators self-seekers, and not for nation-builders.
Under the new resolution plan, banks will have to take a haircut of around 40 percent
For all the talk of the huge election mandate, agriculture as a sector failed to find its pride of place in the latest budgetary exercise. A political consensus can tilt he scales though
The government largely intends to achieve this through investment-led growth rather than the traditional consumption-driven method
Once and for all, the FM will have to undertake a massive fiscal cleansing operation to restore the credibility of our Budget exercise
The Budget did give out a positive statement. It lacks a clear road map as to how to achieve certain targets proposed.
This push to increase credit offtake may take some time to bear fruit.
The government has talked a lot about what they want to do to address the challenges related to water but the budgetary allocations don’t show the same urgency
If the focus on Swachh Bharat Abhiyan helped the BJP in 2019, expect the Har Ghar Jal scheme to do the same for the party in 2024.
The Budget addresses some of the issues holding back growth, without loosening the fiscal purse strings
The Budget's focus on rural India was an outcome of a very politically-conscious decision by Narendra Modi to not lose sight of poor voters whose transformation alone can perk up demand and consumption.
While the Budget has several things going for it, the budgetary arithmetic is to be taken with a pinch of salt
Sitharaman’s proposed tax sops for buyers of electric cars, customs exemptions for car makers, investments for infrastructure development will force the industry to bite the bullet