By Arvind Panagariya It was with great sadness that I woke up to the news of resignation by RBI governor Urjit Patel this Monday morning. Urjit has been a friend
Capital formation continues to remain sluggish, but there are indications that its productivity is rising – The Financial Express
An analysis on investments by Credit Suisse—based on CSO data—shows that, as a ratio of GDP, gross fixed capital formation (GFCF) may have bottomed out,
Bureaucracy: What’s the price to be paid for being honest? – The Financial Express
By Anil Swarup Karl Marx had wished the state to wither away. It hasn’t. Even in the countries where Marxism was purported to have been
Don’t go by markets, RBI autonomy is critical – The Financial Express
ernment Governor than Urjit Patel was of late, what is interesting is that the government has still not withdrawn its consultation under Section 7 of
Great cheer, won’t last: October’s IIP was a one-off and growth is already slowing – The Financial Express
The spend of Rs 1.77 lakh crore between April and October—mostly on defence services, railways and roads—compares favourably with the Rs 1.62 lakh crore in
RBI vs Govt of India: RBI autonomy, like FRBM, disciplines the government – The Financial Express
Critics, which include analysts, economists, journalists, who have no skin in the game, have often used the ‘people’s’ argument to nudge RBI to be more flexible in
Agrarian distress: Income support to farmers better option than loan waivers – The Financial Express
When the new MSP regime was implemented in July, one of the common fears in the market was that the hikes would stoke inflation fears.
RBI: An own goal or brilliant save? The RBI-Government saga continues to grab headlines – The Financial Express
The earlier failure to monitor banks adequately also suggests that RBI has been far from perfect as an institution. The RBI-government saga continues to grab the
Farm loan waivers look tempting, but won’t help – The Financial Express
The Centre’s plan to hike MSPs to 1.5 times A2+FL costs—this raised MSPs by 40-50% in some cases—however, had little chance of succeeding since there
Larger fiscal deficit can put pressure on the economy – The Financial Express
The sharp depreciation in the currency fuelled big FPI withdrawal sales in the bond markets in September and October and another bout of weakness in
Who is Shaktikanta Das? Meet the new RBI governor replacing Urjit Patel – The Financial Express
New RBI Governor Shaktikanta Das was the Economic Affairs Secretary when demonetisation was announced. Shaktikanta Das, former finance secretary, a vocal supporter of demonetisation, has
RBI Governor Shaktikanta Das faces long to-do list in new job – The Financial Express
India’s new central bank governor has a list of challenges to face as he takes office: from fixing a banking crisis to convincing investors of
NCLAT rejects Edelweiss pleas challenging Synergy resolution plan – The Financial Express
The ARC alleged that SCL’s resolution plan, submitted at the Hyderabad bench of the NCLT, was contrary to the law and the agreement SCL had
NCLT issues notice to Liberty House on Castex Tech lenders’ plea – The Financial Express
LHG has also defaulted on paying the committed upfront money in time to the lenders of Amtek Auto, which prompted them to move NCLT seeking
India’s credit rating under threat? Moody’s not happy with GDP growth – The Financial Express
Moody’s also said India’s real GDP growth in both FY19 and FY20 will slow to just above 7%. Weaker nominal GDP growth over a prolonged period
Bidding battle: Adhunik Metaliks lenders reject Liberty House offer – The Financial Express
After hearing the arguments from the counsels for Liberty House and the committee of creditors (CoC) for AML, the Kolkata bench of the National Company
After multiple failed bids, NCLT orders liquidation of Nagarjuna Oil Corp – The Financial Express
The Chennai bench of the National Company Law Tribunal (NCLT) has ordered liquidation of Nagarjuna Oil Corporation (NOCL), which is an associate firm of Nagarjuna
Jaypee insolvency case: Homebuyers seek secured financial creditors status – The Financial Express
The homebuyers want the apex court to declare them “secured financial creditors” on a par with banks. Jaypee group’s homebuyers on Monday moved the Supreme
RBI reduced to a government department – The Financial Express
There can be little doubt, as this newspaper has argued before, that RBI has been slow to cut repo rates or to increase liquidity. Given
Ease of doing business: PM Modi to meet department secretaries on Dec 13 – The Financial Express
By Kiran Rathee Prime Minister Narendra Modi is scheduled to meet secretaries of various departments, including finance, revenue, economic affairs, DIPP and corporate affairs, as well as chief