By Unni Krishnan The man who predicted the 2008 global financial crisis also presaged the damage Prime Minister Narendra Modi’s unprecedented cash ban would cause
Day: September 4, 2017
Raghuram Rajan: I left because there was no offer on the table from the govt: Raghuram Rajan – The Economic Times–04.09.2017
Certainly, the government’s move to try and reduce the amount of black money in the economy through various measures is an important one, Rajan said….
RBI slays the demonetisation myth–Economic Times–04.09.2017
Finally, the RBI has deigned to release the cold hard facts on Demonetisation. Of Rs 15.44 lakh crore worth of currency denotified, almost all came
Remove the barriers: Follow Niti Aayog recommendations on higher education, give students a chance–Economic Times–04.09.2017
The Union government has just 20 months left to redraw the higher education landscape. Wallowing in a sea of mediocrity no sector is more ripe
When gross domestic product numbers turn so gross, it is time for the government to act–Economic Times–04.09.2017
Forget ordinary Indians. Even the finance ministry and RBI don’t see eye to eye. So, while RBI, in its third bi-monthly monetary policy released in
NPAs crisis: Raghuram Rajan says banks were reluctant to even recognize problems – The Financial Express–04.09.2017
The slowdown of credit growth in India is not the fallout of state-run banks attempting to resolve their massive non-performing assets (NPAs), or bad loans,
India’s economic growth will bounce back, says BRICS Bank chairman K V Kamath – The Financial Express–04.09.2017
BRICS New Development Bank chairman K.V. Kamath said that the slowdown in the Indian economy is only a transitionary phase and it will bounce back
Is there any specific provision for interest income under GST Act? | Business Standard News–04.09.2017
Is there any specific provision for interest income under the Goods and Services Tax (GST) Act? I want to know if I charge an interest
Demonetisation: An assessment after nine months | Business Standard Column–04.09.2017
This article assesses the performance of demonetisation after taking into account the criticisms of the several economists, including Kaushik Basu, who was most vocal. A
Slowdown across sectors | Business Standard Column–04.09.2017
The stock market continues to ignore signs that India Inc and the macroeconomy are in trouble. Gross domestic product (GDP) estimates for Q1, 2017-18, are
Brief case: Works contract may be split to impose tax | Business Standard Column–04.09.2017
A works contract is divisible and state governments can levy sales tax on the goods going into the civil work. The contract can be divided
‘Cyber attack can mar growth’ | Business Line–04.09.2017
Cyber attacks in India can adversely impact India’s growth and worsen relations with its neighbours, a joint Assocham PwC report said. “Cyberattacks can deliver economic
‘I strongly support demonetisation’ | Business Line–04.09.2017
Rajiv Kumar is well aware of the thin line between politics and economics. An old hand in dealing with government, Kumar, the newly appointed Vice-Chairman
Carry the right insurance with you | Business Line–04.09.2017
Come Spring or Fall season, many Indian students travel to foreign countries for higher education. Health insurance is mandatory for such students. But what kind
ECGC revives export-factoring business | Business Line–04.09.2017
Company invests ₹60 cr; reduces pricing to make factoring more viable for exporters In a bid to boost exports, India’s export credit guarantee agency ECGC
RBI arm to launch model platform for blockchain technology soon | Business Line–04.09.2017
Blockchain is a type of distributed ledger or decentralised database that keep records of digital transactions The Institute for Development and Research in Banking Technology
Economy outlook still cloudy – The Hindu–04.09.2017
The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth
Banks’ cuppa to brew with mergers – The Hindu–04.09.2017
Consolidation of public sector banks had been discussed in banking circles for many years now. P Chidambaram, Finance Minister in the previous United Progressive Alliance
Moving to the faster lane – The Hindu–04.09.2017
We are in times of outstanding significance and consequence for our nation. The start of the GST era is already upon us with the law
If Raghuram Rajan didn’t, who pushed for Modi govt’s demonetisation? And why? | columns | Hindustan Times–04.09.2017
Former Reserve Bank governor Raghuram Rajan has finally broken his silence. In his latest book – I do what I do – Rajan confirms that