For the first time in about 30 years, there are strong fears that the overall political consensus on key economic policy aspects seems to be fracturing.
The social safety net for the Indian population is adequate, though improvements in health and education infrastructure are necessary and can be achieved through reallocating capital expenditure.
Since October 2023, foreign transactions above Rs 7 lakh under Liberalised Remittance Scheme have attracted a 20% tax collected at source. It’s sending a signal to big spenders abroad: we are watching you.
Smaller investors don’t want to enter sectors where India’s big corporate players are dominant, not for fear of market forces, but for fear of non-market ones.
The highlight of Household Consumption Expenditure Survey 2022-23 is that the share of rural households' expenditure on cereals has fallen below 10% for the first time.
Nobody is calling for haste in the disinvestment process, but there’s no reason for the current pace. Perhaps for political reasons, govt can’t take back the policy—it's admitting defeat.
If Modi is confident about winning a third term, he must also use this opportunity to decisively bifurcate economic & fiscal policy from short-term aims of winning elections.
A team of technically-savvy key personnel with diverse skill-sets has allowed govt and RBI to formulate sound arguments in place of the earlier rhetoric-based rebuttals.
India’s entry into Morocco should not be seen as a direct counter to Pakistan-Saudi Arabia or any singular rivalry. Geopolitics no longer works through straight-line confrontations.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
Too many assumptions to support ideological narrative.