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Thursday, May 23, 2024
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Ilanomics

Despite big-bang reforms by Modi govt, two withdrawn bills make the glass half full

Much-needed reforms in bond market and banks were sidestepped, reducing the positives of measures like bankruptcy code and inflation targeting.

In IL&FS crisis season, why you should be worried if your PF money is with exempt trust

Exempted firms not overseen by EPFO have adopted govt guidelines that pertain to investments but there is no one to monitor if these are followed

As RBI transfers reserve surplus to Modi govt, it now has to find ways to manage risks

Instead of RBI holding capital, an MoU could be signed that would require the govt to pay the central bank in case of any risk.

Year after historic circular, debate over RBI’s regulation making powers still mired in confusion

RBI’s last year circular making bankruptcy proceedings a must brought focus on the need for checks and balances when unelected officials write a law.

RBI governor Shaktikanta Das’ first rate cut move is government-friendly, as expected

Experts say RBI's 25 basis points cut in lending rate is expansionary given as it comes shortly after an expansionary budget.

Modi danced the fine line – his budget wasn’t anti-rich & his govt didn’t defend past sins

It is a relief to see that the government did not run the risk of running a larger borrowing programme.

Basic income for poor demands subsidy cuts, a step govts in India are unlikely to take

If no effort is made to consider how a minimum income guarantee is financed, then the expenditure would lead to cuts in public investment & higher borrowing.

Why RBI must cut interest rates in its next monetary policy panel meet

With no upswing in output growth and low consumer price inflation, the stage is set for cutting interest rates.

Inequality reports like Oxfam’s end up hurting India’s poor with their poor methodology

Oxfam considers it “obscene” that the poor now borrow more, and have seen an increase in their liabilities.

MUDRA scheme: What the Modi government failed to do for small businesses

The slowdown in credit to small businesses is yet another example of central planning gone wrong.

On Camera

Lower oil prices lead to 4x profits for oil firms, bonanza for govt, but no relief for aam aadmi

Petrol & diesel prices have barely changed since June 2022, even though oil prices have fallen 28% since then. This has boosted profitability of OMCs and dividend payouts to govt.

‘Joint culture needed first’ — CDS Gen Chauhan outlines first steps on the road to theaterisation

ThePrint had reported earlier this month that while theaterisation is the ultimate goal, set to be rolled out one year from now, the focus is on structured jointness initiatives by 2024-end.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?