January 15, 2018 05:11 IST
He said a lot of domestic savings were flowing to “a few hundred stocks” of firms whose governance standards fuel concern.
Mon, Jan 15, 2018January 11, 2018 05:37 IST
The narrative is important considering not just that private investment in India has been weak, but from the fact that overseas investors have been far more bullish on India over the past few years despite growth concerns.
Thu, Jan 11, 2018December 25, 2017 00:47 IST
If the fiscal, monetary and political levers for supporting growth via policy are weak, it means that the prospects of a recovery are dependent entirely on the private sector.
Tue, Dec 26, 2017December 22, 2017 01:51 IST
Gopinath, one of the few tenured professors and who is also on the economic advisory panel of the Federal Reserve Bank of New York.
Fri, Dec 22, 2017December 12, 2017 05:46 IST
Addressing the fears expressed in social media, both Finance Minister Arun Jaitley and Prime Minister Narendra Modi have explicitly assured the public that their deposits in banks would be protected.
Tue, Dec 12, 2017December 11, 2017 00:55 IST
As the government tries to allay swirling apprehensions, The Indian Express explains the background, aims and rationale of the proposed new FRDI law.
Mon, Dec 11, 2017December 08, 2017 01:07 IST
The primary remit of a Finance Commission is to work out the distribution of the net proceeds of taxes between the states and the central government, and the allocation among states.
Fri, Dec 08, 2017November 20, 2017 00:45 IST
India’s relationship with global ratings agencies is complicated, swinging between warm and frosty, appreciative and strongly critical.
Mon, Nov 20, 2017November 13, 2017 01:15 IST
World Bank’s annual Global Financial Development Report 2017-18: Bankers Without Borders, released last week, stands out.
Mon, Nov 13, 2017November 02, 2017 00:52 IST
Much has changed since First Commission was set up in 1951 — from scale of transfer of tax proceeds to terms of reference of the body, from nature of Centre-state equations to the Commission’s composition
Thu, Nov 02, 2017October 26, 2017 05:37 IST
The economy was in repair in 1992-93 after the famous balance of payments crisis in 1991-92 and the government had to unveil reforms in the financial sector especially after the securities scam of 1991-92.
Thu, Oct 26, 2017October 16, 2017 01:22 IST
The Kotak committee sees a case for creating deterrence to ensure this, and recommends greater powers for accounting watchdog Institute of Chartered Accountants of India.
Tue, Oct 17, 2017September 29, 2017 04:46 IST
Yashwant Sinha said that with only one regular Budget before the 2019 elections, it would be difficult for the Modi government to show results.
Fri, Sep 29, 2017September 29, 2017 01:14 IST
Yashwant Sinha was finance minister in the Atal Bihari Vajpayee government and also during the 1990-91 balance-of-payments crisis.
Sat, Sep 30, 2017September 27, 2017 00:25 IST
Express Economic History Series: 40 months into the government’s term, a new PMEAC has been announced, headed by NITI Aayog member Bibek Debroy, to advise the Prime Minister at a time of increasing concern over the economic slowdown
Wed, Sep 27, 2017September 26, 2017 01:46 IST
In RRBs, 50 per cent is held by the Central government, 35 per cent by the sponsor banks and 15 per cent by the state government.
Tue, Sep 26, 2017September 26, 2017 01:36 IST
Dinesh Kumar Khara, managing director, State Bank of India (SBI), said that the bank had engaged with the subsidiaries with the help of an internet site wherein they were allowed to share any of their concerns. And those concerns were addressed.
Tue, Sep 26, 2017September 25, 2017 01:54 IST
Any deviation from fiscal and monetary prudence not likely to go down well with investors
Mon, Sep 25, 2017September 22, 2017 00:39 IST
In the early part of the last decade, private banks that were licensed in 1994 started to expand their networks, giving a big push to ATMs.
Fri, Sep 22, 2017September 18, 2017 02:00 IST
Some remarkable similarities exist between the current economic situation and the one that prevailed in the years when the first NDA government under Vajpayee was in power. What stand out more today, however, are the seeming paradoxes in market and investor behaviours, and in trends of slowing growth and the strengthening rupee. How are they to be explained?
Mon, Sep 18, 2017September 17, 2017 05:11 IST
The rising bad loans have underlined a growing need for huge capital infusion. The government had indicated earlier that it would provide Rs 70,000 crore as capital for these banks over four years.
Sun, Sep 17, 2017September 08, 2017 00:10 IST
The issue was who would bear the cost. If the government did, it would add to its borrowings. If the RBI did it, its balance sheet would turn from surplus to deficit.
Fri, Sep 08, 2017September 06, 2017 04:41 IST
As for the RBI’s apparent suggestion prior to demonetisation to withdraw only 1,000 rupee notes and not the 500 rupee note, Raghuram Rajan said that the more a currency is used for transactions, the more the central bank has to be in readiness to replace it.
Wed, Sep 06, 2017September 06, 2017 03:35 IST
Raghuram Rajan interview: In India to release his new book, theformer RBI governor discusses note ban and government-RBI ties
Wed, Sep 06, 2017September 05, 2017 01:18 IST
Sebi whole-time member, S Raman, talks about his experience as a commercial banker and how it has helped in his transition to regulation
Tue, Sep 05, 2017