The sustained attack on federalism
B. Pocker Sahib, a Muslim League member from Kerala in the Constituent Assembly, was prophetic when he outlined his concerns about the possible impact of centralisation of powers.
Did Indian economy recover? And other stories from financial world | THE MONEY TRAIL
The Money Trail: CFA is happy to share with you a new fortnightly video magazine, The Money Trail, capturing the news and analysis of economy and finance.
The Numbers Behind the ‘Record Recovery’
The claim that there has been a record recovery may seem correct on paper. Comparing the figures for growth in quarter ending in June 2021 - 22 with June 2020-21 there is a 20.1%...
Tata Sons wins Air India with an offer of Rs 18,000 crore
The Tata Group will take over state-owned Air India, marking a successful end to the government’s bid to privatise the national carrier after having failed to sell a majority stake in it in 2018....
Demonetisation caused Indians needless pain. Modi must accept moral responsibility for it
On November 9, 2016, when journalists approached me as the senior vice president of the All India Bank Officers’ Confederation for a comment regarding the demonetisation announcement by Prime Minister Narendra Modi the previous...
No country for young workers: How demonetisation has hurt a generation of Indians
The disruption that the demonetisation of high-value currency notes on November 8, 2016, caused to people’s lives, livelihoods and the Indian economy is still fresh in many people’s memories. The direct impact on the...
The spectacle of organised ignorance: Why Indians have chosen to forget the horror of demonetisation
It has been five years since demonetisation, the surgical strike on November 8, 2016, on India’s high-value currency notes. With hindsight, it’s clear that the high-decibel crusade supposedly aimed at unearthing black money and...
Demonetisation left RBI’s reputation in tatters. What could future policy makers learn from this?
While the entire Indian economy was disrupted by the demonetisation exercise announced on November 8, 2016, removing high-value currency notes overnight, it simultaneously stirred a serious controversy on the role of Reserve Bank of...
5 years later, it’s even more clear that demonetisation was a disaster for India
The demonetisation of high-denomination currency notes on November 8, 2016, created a nightmare for citizens that lasted several months. Long queues formed outside the banks and ATMs to obtain swap denotified currency notes for...
Railways Stare at Privatisation: World Bank offers to help National Rail Plan
The World Bank has outlined the role it can play as India looks to fund its ambitious National Rail Plan over the next 30 years, which envisages almost 8,000 km of high-speed corridors and...
The Futility of Per Capita Comparisons in Unequal Societies
A few months ago, a news made headlines, doing rounds in the social media about how it was a matter of much shame that India had fallen behind Bangladesh on the metric of Per...
With National Monetization (Privatization) Pipeline Govt would be virtually extending the lease in perpetuity: Thomas Isaac
“The government is claiming they are giving only temporary rights for certain duration (through the National Monetisation Pipeline). The key question is how the government will repay this investment that the private companies have...
Hope this Meteoric Rise does not Become a Bubble
The Indian stock market is booming. The share price index is repeatedly breaking records. Investors are very happy with this. Around 30 stocks have given 100 per cent returns since February 2021. The enthusiasm...
RBI’s “Consultative Document on Regulation of Micro-Finance” Part -2
RBI vide its June 14, 2021 press release has issued a 30 page “Consultative Document on Regulation of Microfinance” (henceforth “Document”) seeking comments from public at large.
Insolvency of ‘Insolvency and Bankruptcy Code’ – Booklet
Insolvency and Bankruptcy Code was brought in 2016 with a huge fan flare and was presented as a magic solution for the underlying problem of corporate bad loans. After 5 years, we can see...
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