RBI has mooted the idea of creating a secondary market for bank loans in the latest credit policy. The idea already exists in modified forms for certain categories of loans. Impaired assets were being sold to other takers whi
The stock market is known for its idiosyncratic ways, and, hence, it is hard to predict which way it will go. The indices are driven by a variety of factors, and most of the effects are for specific sessions, before it is bus
Creating a new price index that aligns with the GDP composition is the only way to make monetary policy effective as it can curb excess demand forces across the economy
In this context, the economic indicators that prevailed just prior to the elections can be examined in the last five elections to deduce whether macro indicators matter or not. Hence, for the 1996 elections, the GDP growth of
Rigging an election is done broadly in six ways and is an eye-opener, as it can happen even in western countries. The first is ‘gerrymandering’, where the district borders are redrawn, so that there is a mismatch between
Automation in banking has done away with the need to have more people at the service level, and even the skilled manpower requirement will decline over time
While all companies follow the practices under corporate governance, the board is often not assertive enough given the stature of the CEO who could be the owner.
Further, trade negotiations over tariffs between the US and China are underway and any movement therein will impact the currencies, which will have an effect on gold.
Coming out from an era of colonialism, India tended to be statist or socialist in outlook, as capitalism was looked down upon with suspicion and linked with the past.
In the last five years, there has been a sea change in the quantum of transfers. The surpluses have increased manifold and hence resulted in a bounty to the government.
While Rs 18,500 crore would be lost as tax revenue, it will be made up by higher consumption, leading to increased collections, thus making the fiscal arithmetic strong
But rather than targeting the PM, they could have generalised their views, as almost all parties have realised that Ayodhya and Sabarimala are potential vote winners and hence a dualistic view has been adopted.
The govt’s push for SME loans via PSBs, relaxing the IBC norms for NPAs in certain sectors and relaxing the capital conservation requirement for certain banks smacks of the prevalence of the policy mindset that brought abou
For tackling farm distress efficiently, all links in the value chain—from input procurement to mandis—need to function well. Else, the farm-sector Rut continues.
A lot has been said about tax reforms. Demonetisation has increased the number of taxpayers. GST has increased the number of tax assesses. But where are the collections?
We don’t criticise higher taxes as anti-people but justify them on grounds of fiscal discipline, so why are rbi’s rules being attacked as being anti-people?
