Expert Speak

Indian Economy

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Aug 02, 2018

Finance Commissions decide the distribution taxes between the centre and the states, and is the key financial lever determining the federal structure of the Indian economy. ...

Indian Economy | Economic Reforms

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Aug 02, 2018

If airlines symbolised the travel of the rich, they should logically have been banned altogether or taxed heavily. Instead, the government nationalised them, destroyed the civil aviation industry and set India back by decades. ...

Indian Economy | Economic Reforms

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Aug 02, 2018

The law declared “in the public interest” — a term that would get echoed over the next five decades for several laws and policies, to mean the curbing of all economic freedom — that the central government “should take under its control” the industries specified ...

Indian Economy | Economics and Finance | Economic Reforms

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Aug 02, 2018

An analysis of the agenda papers and records of the first 50 meetings indicates the dominance of a central economic thought, articulated by the prime minister and union ministers, with states following that direction. ...

Indian Economy | Economic Reforms

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Aug 02, 2018

As companies and producers began to embrace and communicate their adherence to the “ISI Mark” as a virtue, the mark and the quality it certified soon became a household name. But there remained a gap in the creation of standards. ...

Indian Economy | Economics and Finance

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Aug 02, 2018

In their new avatars, ICICI Bank and IDBI Bank command the size and scale to repeat that performance for household finance, while IFCI is teetering under the weight of sharp deterioration of asset quality and deviations from lending norms, according to the Comptroller and Auditor ...

Indian Economy | Economic Reforms

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Aug 01, 2018

This law enacted in 1947 showed who would be in charge of capital in socialist India. ...

Indian Ocean | International Trade and Investment

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Aug 01, 2018

Old trade battles, no doubt, will continue, but US businesses could also adjust their model. ...