Much will depend on implementation Will the Budget 2018-19 be able to help Prime Minister Narendra Modi get another term at the Centre. Well, it can. Yet, how easy or hard it will be? Unlike previous governments, the latest budget has shunned populism, which, though wise, is not always appreciated by a section of the […]
Banks are a proxy for the country’s $2.3 trillion economy, yet India doesn’t have a mechanism to deal with the failure of a financial institution. The global best practice suggests that the country should have one and the Financial Resolution and Deposit Insurance (FDRI) Bill, 2017 proposes to fill this void. However, there is widespread […]
After severely denting the revenues and businesses of many telecom companies, the disruption caused by new player Reliance Jio since September last year was ebbing. But its aggressive launch by offering freebies in the initial months has spurred consolidation of private telecom firms broadly into three main groups: Airtel, Vodafone and Reliance Jio. It has […]
In India, small entrepreneurs create more jobs, which is evident from the fact that only 1.37% of a total of 5.85 crore establishments employed 10 or more workers. However, most of the start-ups fail to survive more than two years due to various disadvantages, including lack of hand-holding, knowledge and funding support. Yet, a few […]
Most of the agencies have lowered their forecasts for India’s gross domestic product (GDP) growth in 2017-18. The main reasons cited for the above include demonetisation impact on both demand and supply, goods and service tax (GST) introduction affecting the smaller firms on the supply side, subdued private investment in the economy, the slowdown in […]
Progressive liberalisation to permit FDI in most sectors gives high dividend. At the BRICS (Brazil, Russia, India, China and South Africa) summit a few days ago, Prime Minister Narendra Modi bragged that India is now one of the most open economies in the world. It is true and facts show it. A major achievement of […]
The value of one Bitcoin is $2,808 now and Rs 1,82,704 in Indian rupees. Is there any underlying asset against it or anyone given legal guarantee on value? No. Then, why Bitcoin price which was less than $500 a year back, has increased nearly 6 times? Similarly, one Bitcoin cost about Rs 40,000 a piece […]
No one can predict stock prices with 100% accuracy. One can make a reasonable guess based on available information. So, chances of losses are as much as of gains. Here, value investing comes into play. Don’t panic when stocks crash or celebrate when they rise steeply. Be calm to both. Also, before investing one has […]
Privatization came to a grinding halt after the Congress party-led government came to power at the Centre in 2004. The then Manmohan Singh government lacked courage to bite the bullet on restructuring central public sector enterprise (CPSEs) in a rapidly evolving global economic environment. A cursory look at the 235 operating CPSEs would prompt one to ask […]
With the much awaited Goods and Sales Tax (GST) regime fast becoming a certainty, the debate over its short and long term impact for India and its economy is getting sharper by the day. As the country prepares to embrace GST in 2017, a widespread speculation on its implications is further clouding the prevailing debate […]