In a system where risk is concentrated in a handful of large institutions, the case for regulating thousands of small, non-systemic entities is not obvious.
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.
The repo rate cut should be interpreted as a pre-emptive measure to create a buffer, ensuring that the economy enters the forthcoming year with adequate liquidity.
The ‘Amar Pujo, Amar Starbucks’ campaign also created Bhetki Bhaja Sandwich and Sorse Chicken Burger, but Bengalis drew a line when they saw aloo posto being butchered.
The regulator says insurance distribution has become too commission-driven. Its new proposal seeks to make sales more transparent, accountable and aligned with customer needs.
IAF chief Air Chief Marshal A.P. Singh has ruled out a separate drone force, saying that UAVs must operate with fighters and other existing technology.
Modern India might have been conjured up in the image of Gandhi. But India was never a Gandhian state. Founders of the Republic, be it Nehru or Patel, nursed zero such notions.
Socialist India is an expert in scaring away foreign capital. The socialist govt has no ability to reform land, labour, and capital.