Madan Sabnavis

Articles By Madan Sabnavis

320 Articles

LIC disinvestment: Blending ideology with the market and what does it mean for the company

With LIC being out for disinvestment via an IPO, this means the institution would become a company that will require needed regulatory changes.

LIC has as asset base of Rs 36.7 lakh crore, and involves 22 lakh agents and a staff of 2.85 lakh. It has 11,280 branches across the country. News

Economic Survey 2020 | Expert Talk: ‘This is a cautious and practical exposition by the government’

Economic Survey 2020: There is definitely some optimism in the numbers which can be justified as coming over a low base in FY20. However, this also means that any unfavourable event can upset fiscal numbers. But this is a ris

Economic Survey 2020, Economic Survey News

Has inequality come down? Here’s what data reveals

In the last six years, there has been a rather sticky movement in pay packets for the class earning higher incomes.

Opinion News

Budget 2020: Actual policy announcement to take a back seat for fiscal expectation and direction

Budget 2020 will mostly be a pointer on the fiscal expectation and direction, with any actual policy announcement taking a back seat.

Budget 2020 India, Budget 2020-21 News

Market Mover | Some trading lessons from the past

According to the author, the lessons learned are that the leader has to take the heat and not hide back, which is what several of them do when there is failure.

In course it won the confidence of companies as well as traders. News

Oil price rise: What the oil price spike could mean for India

In FY19, the central government earned around Rs 3 lakh crore and the state government around Rs 2.3 lakh crore. Clearly, such revenue would end in case these products came under the GST, as the highest slab is 28%, which is

Opinion News

RBI’s Financial Stability Report: Be watchful, follow developments in next few quarters

Although RBI’s latest Financial Stability Report says that things have stabilised, one would have to be watchful and follow developments in the next 2-3 quarters, as external economic conditions will not be too ebullient, a

Reserve Bank of India, Financial Stability Report, asset quality review, NPA ratio, NBFC crisis, PSB, NPA accretion News

Review 2019: The economist’s year in a lighter vein

Expenditures can be deferred, discretionary expenditure cut, and disinvestment accomplished through inter-company holdings.

Opinion News

Economic slowdown: A long road to recovery

With both fiscal and monetary policy at the end of the road, there is little that can be done in the short run. pvt sector can’t pull all the weight either.

Opinion News

The Economists’ Hour | Book pointing to the damage inflicted by economists

Economists also had their way with corporate policies and the author highlights the anti-trust legislation which was used in the USA to curb monopolistic power. Companies like General Electric, IBM, and Microsoft have all bee

Lifestyle News

What needs to be done to fix shadow banking

The integration of cooperative banks and NBFCs should happen, and the expertise created with the regulator

public sector banks, NBFC crisis, UCB, PMC Bank scam, RBI regulations, SME segments, NPA issue, SCARDB News

Tools and Weapons | Angel or demon?

Let us look at the good part first. It is a leveller and depending on the extent to which countries are open and willing to invest or let the IT firms come in, provides equal opportunity to everyone.

Lifestyle News

Groupthink approach to policy

There is a big difference in the way in which the Groupthink directs opinion and the MPC considers the same, and the way in which banks and markets react.

While it would be an exaggeration to call it stagflation, it is definitely a sign of low growth and rising inflation. (Illustration: rohnit phore) News

RCEP: India won’t get a sweet deal

Under the prevailing conditions, it would be hard to have our way in most trade agreements as every country would be pushing to leverage the deal which increases their exports and limits imports.

Opinion News

Big Billion Startup | An engaging account of genesis and survival of Flipkart

Flipkart started off from a residential flat and expanded to premises in prime areas in Bengaluru.

flipkart, start up sector News

Ease of Doing Business rankings: Rising through the ranks

Following the World Bank formula should not end in just bettering the rank but must also ensure that this is translated across all states and cities.

Donald Trump, World Bank, China, economy news

Reset | Rather radical solutions to bring the economy back to shape

Fast forward to the present and Swamy does some straight talking. He calls Manmohan Singh an “accomplished economist but a marginal figure of no consequence in his own government”.

Swamy claims that he got India a $2-billion IMF loan during the Chandrashekhar regime News

Expectations, not policy, key to recovery

This is why the upward path will be slow, and more driven by statistical biases than real policy impulses.

Opinion News

The right experiments: India should take pride in the evidence-based policy approach

Poverty is a major issue for a large part of the human geography with over 700 mn people being afflicted in countries in Asia, Africa and Latin America.

nobel prize, Abhijit Banerjee, Esther Duflo, Michael Kremer, NREGA, Ayushman Bharat, Niti Aayog, Chief economist, CARE Ratings News

How safe is your bank deposit?

With an upper limit of Rs 1 lakh for a deposit, intuitively the bank need not take cover for the bulk of the deposits.

The smaller deposits would tend to be repaid without a loss, while the deposit holders with higher savings would be impacted the most News

Talking to strangers | Decoding strangers and how we can get it horribly wrong

Malcolm Gladwell writes about the mystique of decoding strangers and how we can get it horribly wrong

Talking to strangers book review, Malcom Gladwell, Adolf Hitler, Germany, Nevile Henderson, Bernie Madoff, Khalid Sheikh Mohammad News

Realistic teist: Getting a grip on the new liquidity framework

The framework now has given a realistic twist to managing liquidity. If RBI feels at any time that liquidity is getting tighter, it can go in for longer tenure repos of maybe even up to one year, which is more durable than th

Opinion News

Transforming Systems | Tools for a better society of Britishers in India

To begin with, one needs to redefine our goals in life to improve the world. This is necessary as a starting point and Maira narrates a different kind of fiction, where he gives examples of how some people decided to change t

Transforming Systems, better society, Britishers in India, british india, social system News

Understanding the investment slowdown

The pace of growth in investment would be slow as far as the private sector is concerned. There will be pressure on the government to provide a fiscal stimulus by expanding the fiscal deficit and enabling additional investmen

investment slowdown, investment, financial express, financial express opinion, Tamil Nadu, Uttar Pradesh, GDP,  Insolvency and Bankruptcy Code, IBC, GFCF,NPA,  News

Why linking deposit rate to external benchmark has to be considered

Today, while the MPC is happy that inflation is down, the income of farmers has been affected, which has affected spending. The reverse of the two can cause political upheaval.

deposit rate, external benchmark, commodity prices, regulatory power, higher price, MPC News

Pivot to the future | How firms should evolve to keep up with changing trends

How companies should continuously evolve to keep up with changing trends and technology.

Indra Nooyi played a key role in changing Pepsico’s strategic direction to help it keep growing News

Will bank mergers make a difference?

From an economic point of view, the MOVE serves no immediate purpose, and could have been implemented in phases to avoid disruptions

bank merger, Indradhanush Scheme, Bank of Baroda, public sector banking, SBI, Dena Bank, Vijaya Bank, banking reform News
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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