From the Prime Minister to the Supreme Court, there seems to be consensus against freebies. Free or subsidised food grains, electricity or health care for the poor has suddenly become the root cause of...
India could take advantage of geopolitical developments to promote trade and gain better status for the rupee, by avoiding dollar A number of countries, including India, are now considering the use of other currencies...
जीएसटी की शुरुआत टैक्स प्रणाली को सरल बनाने और डबल टैक्स से बचने के लिए की गयी थी। लेकिन अब हर रोजमर्रा की जिंदगी में इस्तेमाल होने वाली चीज पर टैक्स देना पड़ रहा...
We witnessed an infantile jubilance on the part of the government since last year about a “record recovery” from the pandemic. Finance Ministry’s report claimed that armed with necessary macro and micro growth drivers, India...
It is the fear of providing a fresh sail to the ‘Mandal’ (OBC) politics of the 1990s that prevents ‘Kamandal’ (BJP) politics in power from disclosing OBC data of the SECC of 2011 or...
Some time ago, Mr Amitabh Kant, CEO of Niti Aayog stated they can’t take care of 140 billion people but will create a few global champions.
It is absurd for the ministry to say 5.5% inflation in FY22 didn’t hurt the poor and even more so its claim that a fall in inflation from 6.2% in FY21 to 5.5% in...
A truly historic development took place in the US earlier this month which has attracted little attention in India. The workers of tech giant Amazon’s New York warehouse forced the second-largest employer in their...
In pursuance of its policy of monetisation of national assets, the government earlier this month approved the setting up of the National Land Monetisation Corporation (NLMC). It would be a government-owned company with the...
The Indian tax system has been regressive for long with direct tax contributing less than indirect tax – contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...
Prasanna Mohanty’s 'An Unkept Promise: What Derailed the Indian Economy' looks at the economic landscape of India since Modi took over in 2014 and explains what went wrong based on data and hard evidence.
“Chile was the birthplace of neoliberalism, and it shall also be its grave!” said Gabriel Boric, a young student leader from the radical fold who was forged in the protests that has rocked Chile...
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.
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 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%...
