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Unless regulatory organisations are strengthened, the executive will continue to seek preferential treatment for organisations it owns.
The tone of the statement though is less hawkish than previous ones and seemingly at odds with both the rate hike and projections for inflation for the next three quarters.
RBI raised its key lending rate by 25 basis points to 6.5 percent, keeping its focus firmly on taming inflation, but sounded bullish about the broader economy’s prospects.
The Bill has sparked a public and political debate on the subject of data collation, processing and privacy and has, therefore, educated citizens and lawmakers (hopefully, adequately)
There are glaring statistics that justify the need for such an enumeration, but there are compelling arguments on why it is a risky endeavour that has begun without the end in sight
The AIADMK is in a shambles because of tensions between the factions headed by the state's CM and deputy CM. Put the failing health of DMK patriarch M Karunanidhi into the mix, and the BJP has a big opportunity on its hands
Why will the decision be a close call? It depends on how one looks at the flow of data since the rate setting panel’s last meeting in June ranging from inflation numbers to recent stability in financial and oil markets
In what can be construed as an admission of guilt Trump administration announced a $12 billion emergency relief package for its farmers caught in the crossfire of the president’s trade war
Imran Khan, the cricketer-turned-politician, had forecast his Pakistan Tehreek-e-Insaf’s (PTI’s) victory on the back of its anti-corruption campaign that had culminated in former prime minister Nawaz Sharif’s conviction on graft charges.
More advanced militaries periodically transform themselves to conform to evolving technology and best management principles. China’s PLA and Japan’s military have achieved this. The Indian armed services, however, have been slow and often tardy
New Delhi should also be aware that a US-China trade spat opens up new possibilities for India, both vis-à-vis Beijing and Washington, and it should not be hesitant to exploit them
The distinct variance in large and small cap stocks has its beginning in policy changes, which ended up hurting the segment it was trying to protect.
Forcing firms to mandatorily switch their borrowings is neither advisable nor sustainable without any thought given to who would buy this fresh supply
Copper, the proxy for global economy is at a year's low. Other sectors and countries are showing early signs of stress from the trade war
That the Narendra Modi-led government would win the no-confidence vote was a foregone conclusion. However, the motion and result showed a powerful BJP, a confident Congress and the important role regional parties will play in the 2019 general polls
There are economic repercussions lynching and mob violence bring. Violence forces businesses and potential investors to have second thoughts about investing in India
An overdose of sugar incentives is affecting both the sugar sector in India and the world
Greater clarity on the sustainability of this pick-up will emerge once more rural wages data is available.
Following the Supreme Court’s judgment affirming that privacy is a fundamental right, TRAI recommendations put the users at the centre of privacy, and give us control over our data.
Political parties must keep aside their differences for national interest. It will be unfortunate if the monsoon session of Parliament is wasted in political one-upmanship.
In 2017-18, the gross fiscal deficit of states was reported at 3.1 percent of the gross domestic product (GDP) compared to a target of 2.7 percent, according to Reserve Bank of India data.
Insurance regulator had said that adoption of norms would improve confidence of policyholders and ensure better corporate governance and decision-making at investee companies.
With scary forecasts doing the rounds over the price of crude oil, Artem Avinov, leading analyst with TeleTrade, was quick to add that $250 a barrel was a possibility and not a probability.
Even while Hiesinger was announcing the transaction with Tata Steel’s Chairman N Chandrasekaran at a press conference, the rumour mills were working overtime about his impending exit.
With less than a year to go for the 2019 general elections, operational guidelines are yet to be fleshed out. There are no clear answers to many questions.
