“Tata is already a $100 billion group. To get to the next level we need scale. We can’t do it with multiple small companies. We
Category: Economy
Banks need capital; bankers, assurance–Economic Times–24.07.2017
The National Company Law Tribunal (NCLT) has reportedly asked why the RBI needs to issue directions to banks to initiate bankruptcy proceedings against defaulters. Credit-rating
Job creation India’s biggest challenge: Singapore Deputy PM Tharman Shanmugaratnam–Economic Times–24.07.2017
Singapore Deputy PM Tharman Shanmugaratnam has said India’s implementation of GST was impressive not only from economic but also political perspective. “Building political support for
Tomato crisis: As prices hit Rs 100 in various parts of country, some traders hire armed guards to stop theft – The Financial Express–24.07.2017
Since past few weeks, the prices of tomato have skyrocketed owing to crop damage in producing states. (ANI) The vegetable market in Madhya Pradesh’s Indore
The roots of corruption in India, elsewhere; Meghnad Desai explains – The Financial Express–24.07.2017
The multiplier of going from rent-seeking to land-grabbing (asset theft in general) is enormous. This is because the state’s assets are a huge multiple of
Fixing infrastructure deficit in India: Know what they key enabler is – The Financial Express–24.07.2017
Infrastructure is a key enabler for economic growth. Clearly, there is a huge infrastructure deficit in India. So, it’s all about priority setting whether it
Creation of bad bank is difficult but will be very helpful: Kenneth Rogoff | Business Standard News–24.07.2017
Kenneth Rogoff, professor of public policy and economics at the Harvard University, tells Dilasha Seth on the sidelines of the Delhi Economics Conclave that public
Over half of India faces sugar crunch despite stock carryover, bumper crop | Business Standard News–24.07.2017
Over half of India currently faces sugar deficit despite existence of huge carryover stocks from the previous year and bumper output in some states including
Ashok Leyland well poised to drive up market share, margins | Business Standard News–24.07.2017
Despite the poor performance, most brokerages have a positive view on Ashok Leyland On a day when the broader markets were up, Ashok Leyland fell
Ashok Leyland reaches highest market share ever in Q1 at 34.7% | Business Standard News
via Ashok Leyland reaches highest market share ever in Q1 at 34.7% | Business Standard News
Debtors have filed over 33% of insolvency cases | Business Line–24.07.2017
With defaulters themselves triggering the proceedings, resolution could happen faster Essar Steel tried to stay insolvency proceedings against it by moving the Gujarat High Court.
Scratching the surface | Business Line–24.07.2017
Speedier default resolution is welcome, but structural issues need to be addressed to prevent a recurrence of the problem Such has been the concern over
Blighted by a neoliberal vision | Business Line–24.07.2017
Kate Raworth’s new book, Doughnut Economics- Seven Ways to Think Like A 21st Century Economist, was published to much public acclaim earlier this year. In
Why has pulses sowing gone up? | Business Line–24.07.2017
Contrary to expectations, acreage under pulses has gone up this kharif season. Data from the Ministry of Agriculture on Friday showed an increase in area
Undisclosed income of Rs 71,941 cr found in 3 years: Govt to SC | Business Line–24.07.2017
Massive searches, seizures and surveys by the Income Tax (I-T) department over the last three years have led to the detection of around Rs. 71,941
In informal insurance and savings, we trust | Business Line–24.07.2017
The urban poor need a one-stop shop which absorbs savings and provides risk insurance. Organised finance fails in this respect Much has been said and
Delhi Economics Conclave 2017: Money flow into financial savings increased post note ban: Viral Acharya–Economic Times–23.07.2017
Post demonetisation, there has been a visible channelising of money towards financial assets like insurance and mutual funds, Reserve Bank of India (RBI) Deputy Governor
India’s cotton textiles export down 10% in 3 years: Government – The Financial Express–23.07.2017
The cotton textiles export comprises cotton yarn, other textile yarn, fabric, madeups articles, cotton raw waste and cotton fabrics and madeups, which include products like
Cleaning of banks’ balance sheet top priority: Acharya | Business Line–23.07.2017
Banks are saddled with non-performing assets (NPAs) of over Rs. 7 lakh crore. According to the government, NPAs have reached unacceptably high levels and need
Hindustan Zinc: Strong prospects getting priced in | Business Standard News–23.07.2017
Hindustan Zinc’s performance in the June quarter may have been softer than its record March quarter numbers with zinc and lead prices seeing some correction