Policy | Will the budget change the future course of the real estate landscape?
The interim budget having paved a solid path for the upcoming budget, some clarity is now expected on many points of contention surrounding taxation in real estate.
Policy | Govt must help unleash the massive potential of EdTech in India
A fraught public education system in India presents a variety of opportunities for EdTech market players to enter with the promise of customisation and efficiency.
Budget 2019 | Wealth tax buzz is back. Is it high time to tax the super rich?
There is a lot of talk swirling around the need to reintroduce wealth tax. Since there is an absence of a universal social security cover, taxing wealth additionally may be viewed as a dis-incentive to wealth creation, which is key to retirement
5G test run: Is barring Huawei a good idea? Probably not
The lure of Chinese vendors is too strong to resist. But security concerns are making policymakers tread with care
Osaka G20 | India’s tactical non-alignment at display
From its inception, the main agenda of any G20 meeting has been to discuss global economic governance. So the outcome of G20 has to be judged purely from its impact on contemporary global economic issues.
Budget Snapshots | Starry-eyed investors may get a reality check this weekend
Will the Budget prove to be a catalyst for a recovery in earnings and therefore support current valuations?
Budget 2019 | Ten key insights from the last Economic Survey
The 2017-18 survey contains several messages that the government should use in formulating medium-term policy
Macro Matters | It’s a puzzle why household savings in physical assets have fallen, but foreign savings offer succour
It’s necessary for household savings to rise to ensure there are enough funds for capital formation in the economy. If savings do not go up, the current account deficit will bloat when the capex cycle turns.
Budget 2019 | Central govt accounts up to May underline tight fiscal position of government
Capex fell during the first two months of the fiscal year
Oyo has an American dream
Oyo’s American dream comes with a host of challenges despite the Indian unicorn being able to leverage on investor Airbnb’s home expertise
Budget 2019 | Future of GST – Two years on, what is next?
In the next phase of GST, the government is expected to take up many unfinished agenda, reforms, simplification of compliance procedures, rationalisation of tax rates, among others
Financial Stability | NPA cycle over, but where are banks going to get growth capital?
Under RBI’s baseline scenario (without taking into account any capital infusion from the government), system level capital adequacy ratio is projected to come down to 12.9 percent in March 2020 from 14 percent in March 2019. As many as five banks will have a capital adequacy ratio below the regulatory minimum of 9 percent by March 2020.
Osaka G20 | All issues in India-US ties are solvable
The biggest problem is a lack of transmission of institutional knowledge and a severe capacity deficit on the Indian side, which is sought to be masked by over-the-top petulance and jargon like ‘strategic autonomy’
Budget 2019 | Dealing with banking and NPA crisis: A primer
With the BJP government back in the saddle, stability is assured. And this hopefully translates into an ability to take firm -- and correct -- decisions.
Budget Snapshots | The mission to end open defecation by building toilets
The government’s Swachh Bharat Abhiyan (SBA), the Clean India campaign launched in 2014, has increased citizens’ access to toilets and reduced open defecation in India.
Markets | Tech start-up founders get a superior voting rights carrot but the sticks are many
Sebi has allowed technology companies to issue shares with superior voting rights to founders to encourage them to list in India. That carries risks for minority shareholder rights but Sebi has put some safeguards in place
Financial Stability | RBI report underlines shaky business model of NBFCs
Risk aversion among financial market participants is here to stay for some time owing to frequent credit rating downgrades and higher risk of developer defaults.
Niti Aayog’s electric vehicle deadline brings disruptive innovation home to automakers
Without government help, Niti Aayog’s targets will not be met
The Union Budget — in 2014 and now
The problems faced by the Indian economy today are very different from what they were when the first Modi government unveiled its maiden budget
Macro Policy | India’s merchandise exports have stagnated and it is vital to improve competitiveness
Export policy in the age of Donald Trump will have to be very different. Moreover, a large part of exports are now the result of being part of global value chains and parts and semi-finished goods make their way several times across borders. A policy of currency depreciation will not work when imports form a large component of exports.
Markets | US-Iranian spat points to an oil slick ahead
The flare-up in tensions following Tehran’s downing of an unmanned American drone is a warning sign
Policy Pulse | MSMEs need to scale up and be more productive
India needs to ensure that incentives for MSMEs are not skewed towards their remaining small forever. MSME policy should go beyond access to credit and address ease of doing business in a more effective manner.
Politics | The fears surrounding simultaneous elections are exaggerated
The political stars have aligned in favour of ‘one nation, one poll’ and this opportunity must not be missed.
Budget Snapshots | Tourism: Getting India’s golden goose to give
India’s share of global tourist spends stands at a lowly 1.8 percent
