Alongside our forensic accounting model, we also use questioning techniques popularised by the CIA to figure out whether the CEOs we are meeting are making things up
The central bank's draft directions seeking to penalise persons engaging in market abuse is conceptually weak, and violates fundamental elements of the rule of law
India’s defence and foreign policy, as seen in how the Rafale deal with France is playing out, remains an issue essentially about the perceived crimes of individual politicians and their rivals
We always ignore culture and values and work towards the balance sheets only to be surprised in the next financial crisis
The only sound foundation for the mutual fund industry is one in which customers bear all losses. This risk needs to be communicated to the investor at the time of investing, and through actions that are “true to label”
Thinking about runs on mutual funds requires a full view of the problems of consumer protection, financial market development and systemic risk
Allegations such as siphoning-off funds through excessive executive pay, misrepresentation of state of affairs, camouflage of debt stress etc. are subjective and require real substance to be proven to be true before the courts of law.
While the ink has yet to dry on the final legislation, it appears that the government in this case appears to have perhaps acted hastily in creating the localisation provisions.
While other emerging markets are largely impacted by global issues, India's domestic issues in an election year is likely to keep investors away
If the October 15 deadline passes without an agreement between the RBI and global payment companies on storage of payment data locally, credit cards and debit cards could be taken offline in a way that might be reminiscent of demonetisation
An outcome-driven plan will curtail irrelevant infrastructure creation, it will get the government machinery to focus on the outcomes and also get the private sector aligned to the government's over-arching plan.
Board members must approach their directorships as a privilege and not as a right. Given the nature of its responsibilities, board members must put the interests of the company and its stakeholders ahead of themselves.
Banks not passing on rate cuts points to a lack of intensity in price competition and calls for increasing the number of lenders
While fewer number of women are joining the labour force, the ones already working face innumerable threats
Coal and oil dominates India’s energy mix. Renewable energy is expected to drive the future energy needs. However, during the transition process, natural gas may serve as a bridging fuel
If India has to become a major force in the solar power space, it must first begin to deregulate the power generation and power distribution sectors even further.
A company needs the flexibility to operate and make decisions on its own based on ever-changing market scenarios. Till now, Air India was denied this freedom.
The Academy explains how Nordhaus and Romer both have built on the work of Robert Solow, who won the prize in 1987
The violence against migrants raises uncomfortable questions about the famed ‘Gujarat Model’ of development as growing unemployment is assumed to be one of its major contributing factors
The Swachh Bharat Mission must address the lack of appropriate sanitation and menstrual hygiene management mechanisms that impair the full contribution of women in their socio-economic life.
The recent India-Russia bilateral is proof that the decades-old ties are still intact. The downside is that it is still predominantly defence oriented
While the Modi-led BJP will have to win a majority of the states to claim victory, the Rahul Gandhi-led Congress can claim a moral victory by winning just one state from the BJP.
The party or coalition which comes to power in 2019 will have to get down to improving the ease of doing business across the board which will have a positive impact on exporters too and make farming remunerative again
In the Indian context, given the current regulatory architecture, the fiduciary duties of running a bank lie squarely with the boards; it may be time for a relook at rules
The monetary policy committee have acted on financial stability concerns rather than confining its actions to the more narrow concerns about its explicit inflation targeting mandate.
