The RBI Governor Shaktikanta Das is the only Governor without an economics background; he studied history. He was the Secretary, Economic Affairs on November 8, 2016 when demonetisation was announced by the Prime Minister...
The Reserve Bank of India released its “Report On Currency and Finance 2022-23 :Towards A Greener Cleaner India” earlier this month.
Bharat Sanchar Nigam Limited (BSNL) intends to launch its 4G network nationwide very soon, this year.
What will help the world of finance/economy to transform? While I do not have an answer on that, I want to share why the economy/finance needs a serious and radical transformation.
A recent news report by ANI and PTI reported that a senior citizen, Surya Harijan walks many kilometres barefoot with the support of a broken chair to reach a bank to collect her pension...
A month has passed since the price of domestic cooking gas was hiked. The hike of ₹ 50 did draw some protests, but they died out soon. In recent times, the nation has seen the greatest...
Every time when financial fraud is exposed, the immediate follow-up stories are on its effect on the stock market and if there is an impact, then the furore is to save the shares from...
Banks abroad work only five days a week. International financial system works only five days a week. Reserve Bank of India works only for five days a week. The Central Government Offices and most...
The crisis at Joshimath yet again demonstrated the perils of mindless development that engenders the fragile ecology and livelihoods in the hills. But such mindlessness today extends from the mountains to the seas. Despite...
Share trade resembles a local market auction -the anxious traders,their tricks and hacks and the adrenaline raising rounds of bid. Two decades back it was literally so with share traders jumping around most of...
Recently the Ministry of Corporate Affairs had sought public comments on changes being considered in the Insolvency and Bankruptcy Code 2016. In consultation with experts and civil society we submitted our responses to the...
Be it the Global Risk Report 2023 or the RBI’s own Financial Stability Report, everyone today acknowledges that the world is staring at a rather grim future, and India is not immune to the...
As India prepares for the next budget, here is another critical issue it needs to focus on: The galloping trade deficit. According to the First Advance Estimate (AE1), released earlier this month, the trade...
It was only after the nationalisation of 14 banks on July 19, 1969, that the banks reached the common people. The main changes that were done included a shift from class banking to mass...
Somewhat like ‘thalinomics’ of Economic Survey of 2019-20 which measured household incomes and “dosa economics” of Raghuram Rajan in 2016 to explain inflation, ‘car economics’ explains the higher-growth-higher-inequality paradigm