"In India, there is a certain amount of rural-urban divide which is due to the farm distress and the traditional problem of poverty which despite our progress has not been eliminated," says former RBI Governor Raghuram Rajan.
Congress has announced Rs 72,000 a year for poorest 20 per cent. What are the arguments for and against such schemes, and what will it take to implement it? A look at the economics, precedents and challenges ahead.
RBI has unveiled draft rules on compensation of top bank execs who take undue risks. A look at how some bank executives entered into questionable deals, and the private bankers got away. This is set to change.
Economics Nobel winner Paul Krugman warns that the US could possibly be heading for a recession. Amid slowdown in Europe, how strong are the grounds for such fears in the US, and what can it mean for India?
One of the signals for higher executives in the Indian financial sector is that this could be a trigger for greater scrutiny of their performance vis-à-vis their remuneration packages and measured against their governance practices and conduct.
Last year, the Government blinked on this uncompromising stance, fiscal deficit deepened from the targeted 3.2% to 3.5% of GDP. And the interim Budget put the fiscal deficit target for 2018-19 at 3.4% of GDP, marginally higher than the budgeted 3.3%.
Budget 2019: At the end of its term, a government usually presents a vote on account rather than a full Budget. What is the difference? A look at what interim Budgets have covered over the years, or left for the next government.
The government is working on pre-filled Income-Tax returns using TDS data available with it. When did this idea originate? What are its advantages, and what are some of the concerns articulated by critics?
Central banks often look to hold on to capital as a counter against unforeseen events. Economic capital framework was the subject of govt-RBI talks, Economic Affairs Secretary says. How is it worked out?