Shobhana Subramanian

Articles By Shobhana Subramanian

197 Articles

FM must slash income tax rates, only way to stimulate demand

Given the need of the hour is to boost spending, cutting income tax rates would put some money in consumers’ pockets.

Finance Minister Nirmala Sitharaman, nirmala sitharaman

Sanjeev Bikhchandani: The career entrepreneur

If there was someone who had total faith in his ability to build a business and backed him to the hilt, it was his jeevansathi, Surabhi, a batchmate from IIM Ahmedabad. Those were tough times and the business took a lot out o

Sanjeev Bikhchandani, jeevansathi,ICICI Venture, iim ahmedabad, 99acres.com, Jeevansathi.com, Shiksha, tech based start-ups, Zomato, Policybazaar, Meritnation, Ustraa

The Great Letdown: Will India be able to create the number of jobs needed?

Given nearly 64% of the slowdown has been driven by industry—mainly manufacturing—India’s aspirational electorate should brace for more job losses. If top class companies like Vodafone-Idea are forced to think of shutt

jobs , jobs in india, india inc, Kumar Mangalam Birla, Vodafone, Idea, Retail sales, industry news, economy news

Explained: Why credit flows to industry must pick up to regain lost momentum amid major slowdown

With government spending likely to be constrained due to poor tax collections, other sections of the economy need to pull their weight if the nominal growth is to pick up meaningfully.

industry, credit growth in industry, govt fiscal measures, gdp, q2 gdp growth, indian economy, indian gdp growth

GDP growth: Unless credit flows to industry revive quickly, it’s hard to see any pickup

At a time when the economy is slowing, it is only to be expected that tax collections, too, will slow.

Bank FD, POMIS, SCSS, PMVVY, maximum interest rate, fixed returns, Life Insurance Corporation, LIC,

Half-measures will not fix economy

Govt did well to get the power to notify hire-fire rules, but there is no certainty about how quickly it will move & what freedom will be given. The promises of more flexibility in EPFO & ESI was not kept, and pvt coal minin

More transactions where the government exits the business altogether or, even if it holds on to a small stake, relinquishes management control, are needed. (Representational image)

IBC process gets back on track after SC nixes NCLAT ruling in Essar Steel

It’s a huge win for lenders, who despite their number one ranking, were fighting other stakeholders for their fair share.

Essar Steel, IBC process, NCLAT, Supreme Court,  Committee of Creditors, Essar Steel stakeholders

Fix NBFC crisis to get growth back

Simultaneously, there needs to be a lot more urgency in putting stressed real estate projects into the hands of stronger builders so that these can be completed; homebuyers who make a nuisance of themselves need to be dealt w

interest rate on savings account deposits, SBI, repo rate, bank savings account rbi,

Why India Inc must pass on the benefits of corporation tax rate cut to consumers

While liquidity in the banking sector may be in a big surplus, some segments of business and retail customers are not able to access affordable loans.

FE Best Bank Awards: Know who is the nominee for lifetime achievements award

Sobti’s now loaning money to microfinance borrowers for a television set or some household product. “She has borrowed twice and repaid the loans so now I can finance a TV,” he points out.

Forty-five years later, Sobti is criss-crossing the countryside trying to convert eight million Bharat Financial customers into consumers.

FE Best Banks Awards: Sanjiv Bajaj – A Bajaj you can bank on

But since he couldn’t launch one, he came up with the EMI card which today is a franchise with 16.5 million customers; in 2018-19, the EMI card contributed about 60% of the loans.

FE Best Banks Awards

Welcome tax cuts but for the wrong persons!

Few firms will invest till there is a strong demand-revival. that needed a cut in income tax rates; the fm has frittered away money on corporates & the ultra-rich

Tax relief, corporation tax rate, corporation tax cut, corporate tax, corporate tax rate, corporate tax in india, corporate tax rate india, Narendra Modi, nirmala sitharaman, financial express, financial express opinion, corporate tax rate 2019

Blame promoters, not FM Nirmala Sitharaman

Though FM is now trying, the govt was slow to reform; but Ms Shaw’s fellow-promoters even more to blame

FM, Nirmala Sitharaman,  ban on e-cigarettes, e cigarettes, NCLT, RBI, Raghuram Rajan, HDFC Bank, Aditya Puri

PSU banks recapitalisation may not spur credit-growth

Most private sector banks have enough growth capital, though some state-owned banks may be a little short of it.

PSB, credit-growth, liquidity surplus, private sector banks, state-owned banks, state-owned banks

Bank merger good, now to fix them

Shedding flab critical, as is adopting technology; so this needs a change in work culture, PSBs not known for that

Economic slowdown: Need real reform, not govt-spends

Rapid govt-spend has brought NHAI to its knees while bad policy has wreaked havoc on genuine investors like Vodafone

reforms, demonetisation, gst, economy, nirmala stharaman, finmin, ficci, edelweiss, rashesh shah, $5 trillion economy

Tata Sons will not be bogged down by slowdown: N Chandrasekaran

It’s hard to put a number at this point, we will invest whatever is necessary. As a keen follower of technology, how are you reading the evolution of fintech?

Does PM Modi know there’s a crisis?

There is little in its policy measures—including in the Budget—since May to suggest govt is too worried about growth

india economy, economy slowdown, gdp growth, china, india, agricultural, economy, gdp, economic growth, FICCI, india GDP, GDP growth, IMF,

In this 2011 interview, CCD founder VG Siddhartha revealed plan to expand his coffee chain

This article appeared in the Financial Express dated June 15, 2011.

Hard times: No end in sight for economic woes

With neither consumption demand nor investment expected to pick up soon, there’s more pain ahead

R Shankar Raman, Larsen &Toubro, private sector capex, Tata Motors,  Asian Paints, M&M Financial Services, GNPA, HDFC Bank

Budget 2019: No big bang, but capex push a big plus

Union Budget 2019: Commitment to build infra with a `100-lakh- crore spend should help foster job creation

Union Budget 2019 India, Budget 2019-20

Budget 2019: Funds for infrastructure may be hard to find for govt – here’ why

Budget 2019: While the government’s market borrowings are reasonable at `4.2 lakh crore, over-borrowing outside of the Budget can also drive up interest rates and crowd out the private sector.

Budget 2019-20, Union Budget 2019 India

Budget 2019: Don’t ‘dwarf’ the country’s growth

Budget 2019-20: Eco Survey rightly argues policy shouldn’t create ‘dwarf’ firms as this hits growth & jobs, makes a case for sweeping reforms

IMF, world economy, GDp growth, china, india, gender gap, agricultural, india growth, india growth rate

Big reforms a must to sustain GDP

With credit slowing and demand weak, India needs a fresh burst of investment, but that requires across-the-board reforms

IMF, world economy, GDP growth, china, india, gender gap, agricultural

Does Modi think there is a crisis? If he doesn’t, big reforms are unlikely

If he doesn’t—as he didn’t in the last five years—the govt is unlikely to undertake the big reforms India so sorely needs.

Exit poll results: Decisive Modi, Balakot worked for the NDA

Even if the NDA hasn’t done all that it promised, especially in terms of creating more jobs, the voters believe the PM has tried.

exit polls,exit polls 2019, lok sabha elections, Narendra Modi, NDA, balakot, opinion news

How corporate sector fared in five years of Modi Sarkar

With commodity prices rebounding, operating profits are expected to decelerate a touch.

Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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