Everyone has heard of six blind men arguing about what the elephant is like, based on the parts of the animal they explored with their
Day: December 25, 2017
Petroleum GST can wait | Business Standard Editorials–25.12.2017
On the face of it, the government’s intention to bring all petroleum products under the ambit of the goods and services tax (GST) is unexceptionable.
The long winter in banking | Business Standard Column–25.12.2017
Indian banking is limping. We often get calls for decisive action that will quickly solve the problem. However, we are reaping the consequences of decades
FRDI Bill ignores the elephant in the room | Business Standard Column–25.12.2017
Two weeks ago I wrote a piece arguing that the FRDI (Financial Resolution and Deposit Insurance) Bill has two major flaws. One, the India banking
North Block versus Mint Road | Business Standard Column–25.12.2017
The Union finance ministry is asking for more money from the Reserve Bank of India (RBI). North Block, headquarters of the ministry, is reported to