Friday 26 Apr '13Around 2003-04, the ubiquitous posters on the post office walls across India urging people to invest in government small savings schemes vanished.
Thursday 14 Mar '13Moody’s Analytics has recently taken on the RBI Governor for apparently suggesting that India could come closer to double-digit growth.
Wednesday 09 Jan '13The sense of outrage in India tends to move in such a high octane drive that even prosaic subjects like bank credit often become a victim to it.
Tuesday 11 Sep '12Which sector in India shows up with most competitors? Also, which sector in India offers an almost monopoly-like situation for customers?
Thursday 12 Jul '12With around Rs. 1,00,000 crore of money meant to be spent on plan projects lying unutilised in banks at any point in time, the central government is clearly guilty of being a bad manager of money—after all, that’s R8,500 crore of annual interest costs lost year after year.
Saturday 12 May '12As a response to the storm around the economy, finance minister Pranab Mukherjee made a terribly wrong speech in Parliament on Tuesday.
Thursday 03 May '12By the end of this week Parliament will have approved the central government plan to spend R6,10,000 crore this year, without an appreciation that nearly 80% of that money will be cash handouts with very little checks and balances.
Tuesday 20 Mar '12The key to the fiscal numbers in 2012-13 will be the R30,000 crore disinvestment target. Along with the telecom spectrum auction and the 2% additional indirect tax, this is among the three top revenue raising measures in Budget FY13.