The Union government’s fiscal discipline has not been matched by state fiscal discipline, thanks to the tendency to promise unconditional freebies to the electorate.
Economic activity has rebounded in LMICs post pandemic, but the debt accumulated in that period has continued to grow, driven by both short & long-term debt.
ThePrint spoke to several prominent economists on whether RBI’s current interest rate policy is adversely impacting growth or if watching inflation should be the way forward.
It is crucial for banks and other financial institutions to conduct regular stress tests against known market risks, including inflation and interest rate risks, writes Atul.
Spillover from recent turmoil in financial markets in US, Europe pose risk to short-term investment flows to emerging markets, including India, said World Bank economist.
At 2nd such summit in Punjab for top investors organised by AAP since it came to power in Punjab, Lakshmi Mittal announced his Bathinda refinery has increased production of LPG by 3,000 tonnes/day.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
Centre should stop giving guarantees for state debt. In return, centre can devolve more funds to states, by say, removing excise duty on petrol, but handover MSP procurement to states.
But also add, a rule, that if, a state defaults on it’s debt, then it must be placed under economic emergency, and austerity measures be applied.
Centre should stop giving guarantees for state debt. In return, centre can devolve more funds to states, by say, removing excise duty on petrol, but handover MSP procurement to states.
But also add, a rule, that if, a state defaults on it’s debt, then it must be placed under economic emergency, and austerity measures be applied.
Indian politicians have PhDs in freebies. They don’t know anything other than freebies and corruption.