With over a thousand start-ups in 2017, India’s start-up ecosystem has never looked better—even though the mortality rate is as high as 35%, a Nasscom
Month: November 2017
The big names who are backing and slamming bitcoin | Business Standard News–05.11.2017
Is bitcoin a legitimate asset, or a super-bubble waiting to implode? As prices for the cryptocurrency skyrocket, investors and pundits are increasingly taking sides. The
The eternal asymptotes | Business Standard Column–05.11.2017
In mathematics there is a concept called asymptotes. There are many definitions but the simplest is an asymptote is a line which is tangent to
Political confidence is not business confidence | Business Standard Column–05.11.2017
If you have been foolish enough to choose economics as your preferred option for a BA degree, one of the first things you are taught
One year of demonetisation: Strongest drivers of economy were the worst hit | Business Standard News–05.11.2017
This piece on demonetisation impact is likely to be criticised as the logical fallacy – Post Hoc Ergo Propter Hoc, which means “after this, therefore
First set of insolvency rules for corporate guarantors, individual businesses may kick in by Dec | Business Line–05.11.2017
So far, reservations have been raised mostly on the threshold of ₹1,000 default that can trigger insolvency proceedings The Centre is likely to introduce the
Financial inclusion is good for banks too | Business Line–05.11.2017
Outside chance That’s what prioritised public policy offers the unreached It helps banks garner ample risk-free, cheap retail deposits, reducing their reliance on volatile, costly
Keep it simple: GST Council’s attempts to improve tax architecture is welcome–05.11.2017
The Goods and Services Tax Council, a statutory federal mechanism to let governments jointly decide the indirect tax architecture, is scheduled to meet early November.
India can do with a flexible monetary policy regime for its growth story to be back on track–Economic Times–05.11.2017
By Raghbendra Jha October 25, 2017 will stand out as a significant day in Indian economic policymaking. A fiscal stimulus, mainly in the form of increased
Bailout to banks is not going to cure bad behaviour–Times of India–05.11.2017
The government is rescuing bust public sector banks with Rs 1,35,000 crore of recapitalisation bonds as part of a Rs 2,11,000-crore package. RBI governor Urjit
Cracking the GST puzzle: It’s a modern reform implemented with archaic sarkari attitude, here are five ways to set it right–Times of India–05.11.2017
Confession: My brain is fried right now. Reason: I have spent the last several hours trying to figure out the Indian government’s GST return filing
Get on the job of creating jobs–Economic Times–05.11.2017
By Rana Kapoor With a growing number of people coming of employable age, job creation becomes essential to broad-base benefits of growth. With automation, technology
Just the job: How to solve the country’s huge and growing unemployment problem–Times of India–05.11.2017
Two smart operators, Hera and Feri, discussing unemployment problem, which is growing every day. Hera: It’s becoming a crisis situation. The economy has slowed down,
Jugaad of bank recapitalisation: How finance ministers adhere to fiscal deficit targets while increasing borrowings–Times of India–05.11.2017
Twitter has been abuzz with the government congratulating itself over its ‘unprecedented’ rescue package for India’s ailing banking sector. The adjective is certainly not misplaced
Bank recapitalization: an integrated package–Economic Times–05.11.2017
Compared to the dribblets that were earlier made available the 2.11 lakh crores infusion announced yesterday is adequate for provisioning and regulatory requirements as well
How to revive bank credit: Government should, to begin with, offer PSBs bonds in return for equivalent equity–Times of India–05.11.2017
There is general agreement that tepid growth in bank credit has been a major obstacle to launching the economy into a 8% plus growth trajectory.