While markets have pulled back from their lows, the question now is whether the worst is behind us.
The Supreme Court verdict upheld the constitutional validity of the Aadhaar scheme as well as the Aadhaar Act, 2013. It restores Aadhaar to what it was originally designed to be by the UPA government
Tighter liquidity conditions, if persistent, could push the call money rate above the policy rate on a consistent basis, thereby inducing more than required monetary tightening and vice versa
So long as these countries were part of the European Union institutional framework, New Delhi was relaxed. However, with Beijing’s increasing influence in the region, New Delhi seems to have woken up
A class action suit is one that allows a large number of people having a common cause of action to jointly file or pursue a litigation.
The Supreme Court might have left it to the lawmakers to check candidates with criminal cases entering legislature; but it is highly unlikely that the criminal antecedents of a candidate will discourage political parties from giving ticket
An independent regulator and a pact between the Payments Regulation Board and the Competition Commission will go a long way in achieving the overarching policy goal of promoting competition and innovation in the payments space.
India will have to find out ways to cope with an Rs 4.8 lakh crore debt burden in the power sector. This, however, is most likely to be taken up by the new government formed after the 2019 general elections
When it comes to white-collar crime, the rewards for breaking rules far outweigh the risks of flouting laws and getting punished if spotted.
A smart, forward-looking Indian leadership should not pass up the opportunity to increase economic linkages with Pakistan, and provide the latter with an alternative to China
While there is a view in the market that the fall in the Sensex and Nifty may only be temporary, indices are very likely due for a significant and persistent correction because of prevailing macroeconomic conditions
An honest reassessment on the ideas set forth by Mohan Bhagwat would mean that not just the RSS but even the BJP and the VHP do some soul searching.
The central bank’s handling of the Yes Bank case leaves much to be desired
India-Pakistan ties rest on a sensitive fuse that must not be tested to the indiscretions of individuals. The cavalier attitude adopted by the likes of Sidhu must not meddle with the issue
A default by IL&FS owes it to poor management, a slowing economy and red tapism, something that plagues many Indian infra companies
While there are clearly benefits in this merger, it is important to also note that the mergers of this kind is not a panacea for all the challenges facing PSBs—especially the problem of NPAs
By agreeing to conduct an OBC census, the government is merely succumbing to the populist pressures of politics. But this game does not end so simply.
Slum formation and protection is nothing short of demographic tinkering on the one hand, and buying votes on the other
If the intent is to clean up the banking system and prevent recurrence of the bad loan problem with alarming regularity, a merger is a non-solution
The government’s decision to fill 90,000 vacancies — which is being touted as the largest recruitment drive in the world — in the railway is retrogressive and it will further impact the Indian Railways’ financial health
The current fall in the dollar-rupee has more to do with global factors than local. However, a deep surgery is needed. That would include structural reforms that will boost exports and prompt more stable foreign inflows in the form of direct investment
The growth of irrational fixed drug combinations in India is the outcome of a weak regulatory system unable to deal with the ill-effects of business opportunism
There are five reasons why the push for ethanol is not as good as it sounds.
A fair and competitive market system is not only critical for lower prices, product innovation and consumer welfare, but even for the legitimacy of industry. Enlightened self-regulation today may help avoid the costly over-regulation tomorrow.
Crises are cathartic events that release built-up pressure and provide policymakers an opportunity to drive radical reform. It may still be too early to assess if the opportunities were adequately availed.
