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Jury is out about the extent of the slowdown and the RBI has predicted a slower rate of growth 7.1 per cent for 2015-16 and is India staring at stagfl
What are the effects of the demonetisation move taken on 8 November?
Duterte’s remarks indicate that the political costs of the SCS dispute to the parties outweigh potential benefits from the legal imprimatur that com
The government is perhaps keen on projecting a welfare-oriented profile in which the poor are looked after. Prices, jobs, higher industrial growth and prospects of rapid economic recovery will remain the most important planks on which the next elections will be fought. The RBI's latest move of not raising the repo rate may also help in economic recovery.
Conflicts between central banks and governments are embedded in the evolving discourse of every democracy. The recent discord between the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) is neither the first nor likely to be the last. Institutionally, once a disagreement between the RBI and the MoF crosses the Rubicon, the government has the power to overrule the central bank’s decisions. Moreover, such a structure is not restricte
An increasing number of businessmen in BRICS' countries favour arbitration over overburdened litigation systems in resolving domestic disputes.
The new RBI Governor would have to restore the confidence of foreign investors in the economy's growth potential. Foreign investments are needed for infrastructure and industry. The Governor will also have to attract more FIIs. The choice before him would be: whether to control inflation or to promote growth.
India and Japan unite over Beijing's moon landings and antisatellite weapons
ISRO’s success enables India to further its strategic goals and share the fruits of development with others.
India's ranking in the World Bank's ease of doing business index is 134. Ease of doing business has ease of settling commercial disputes at its centre. With the Arbitration and Conciliation (amendment) Bill coming in place, India could play a greater role in shaping the way forward.
While New Delhi must be mindful of export restrictions, the US-India semiconductor accord marks a major shift in the US’s high-technology strategy
The RBI has sensibly shown selective flexibility to soothe angry government voices.
The launch is certainly a major mark on India’s space programme, offering an appropriate closing to a tumultuous period in ISRO’s history.
As the threat of inflation returns, the Fed and others adjust their messages - why not the RBI?
People are going to have a hard time trusting the government or the RBI.
भारतातल्या महिलांच्या बचत ठेवींमध्ये मोठी वाढ झाल्याचा अहवाल रिझर्व्ह बँकेने सादर केला आहे. ही आकडेवारी म्हणजे महिलांसाठी आता अधिक चांगल्या बँका तयार होण्याची सुरुवात
Prime Minister Modi’s outreach to Europe has injected pragmatism in a relationship which was adrift for some time. Now the proverbial ball is in Europe’s court.
India’s endeavour to achieve the Sustainable Development Goals (SDGs) in a well-defined and time-bound manner is critical for national and global development. This paper examines India’s data availability to assess the SDGs related to health and nutrition. While India is still facing severe challenges of generating disaggregated information on mortality and cause-specific deaths, the desired data on nutrition and healthcare utilisation are la
India’s aspirations to become the third largest economy in the world by 2027, and a developed country by 2047, need to be backed by a liquid, deep, and well-functioning debt market—something that the country does not have. Banks in India typically lack the ability to sponsor long-term projects because their liabilities are of a relatively shorter tenure. An efficient Indian corporate bond market with lower costs and faster issuances could pro
The settlement of the maritime dispute between India and Bangladesh has ended the energy politics in the Bay of Bengal region. The verdict from The Hague-based Permanent Court of Arbitration (PCA) has removed obstacle for Bangladesh to exploit the rich hydro-carbon reserves in the Bay of Bengal.
Financial health of Indian banks deserves scrutiny. The RBI should strike a careful balance in its policy objectives. Tighter lending norms are unlikely to be a panacea. It must resist the temptation to resort to such short-term fixes.
सेंट्रल बँक डिजिटल चलनांना स्पर्धात्मक सिलोमध्ये भू-राजनीतीचे विघटन लक्षात घेऊन एकत्रित जागतिक दृष्टिकोनाची आवश्यकता स्पष्ट करत आहे.
China has a space lab in orbit and it also plans to launch 100 satellites during its on-going five year plan from 2011-15. Twenty space craft will be launched this year including its third lunar probe and a manned space craft that will dock with China's space lab. There are indications that, by 2020, China may have more than 200 space craft in orbit accounting for about one-fifth of the world's total.
Open defecation (OD), an age-old practice in India, impacts the health of individuals as well as their communities. To tackle the problem, the Government of India launched the Swachh Bharat Mission (SBM) in 2014, aimed at making the country open-defecation free (ODF) by October 2019 by giving more attention to community-based approaches. However, while such approaches have helped solve the sanitation riddle in many countries, curbing OD in India
India may have to apply capital controls in the future like Brazil has done to regulate the inflow of FIIs, and there could be more effective intervention in the currency market by the RBI to stabilise the rupee to promote export growth.
Undernourished people with weak immune systems and those with co-morbidities are strongly linked to adverse COVID-19 outcomes.
The race to develop a COVID-19 vaccine is gaining ground in many parts of the world. This brief examines the challenges that India must hurdle to successfully manufacture and distribute a vaccine. It argues for a fair and equitable distribution of vaccine with an aim to save the maximum number of lives. It suggests a multi-parameter model based on age, co-morbidity, income and profession to justify one’s claim for vaccine. The imperative is to
Digital adoption, hastened globally by the COVID-19 epidemic, brought along with it both benefits and threats, including concerns of safety and security of the cyberspace. Current geopolitical dynamics, ongoing strategic and economic disputes, as well as attempts by authoritarian regimes to preserve power have allowed companies with malicious intent—known as ‘cyber mercenaries’—to develop and deploy offensive cyber capabilities. The tools
Demonetisation is still hurting India's monetary stability, and govt/RBI have been unusually poor stewards of the macro-economy
In Devas Multimedia Pvt. Ltd v. Antrix Corporation Ltd, the Supreme Court of India has upheld the National Company Law Appellate Tribunal (NCLAT) order winding up Devas Multimedia Ltd on the grounds of fraud. Antrix is the commercial arm of the Indian Space Research Organisation (ISRO), and Devas is a multimedia services company. The decision comes at a crucial time, as foreign investors of Devas are endeavouring to attach Indian assets
Hard work on inflation means there is monetary space in this crisis; but years of mismanagement means there is no fiscal firepower
India has to increase the confidence of the Foreign Portfolio Investors who have been withdrawing from the Indian stock market in droves.
China has often showed a lack of willingness to abide by not only established international law but also certain norms that the global community has fostered over the years. It has flouted the decision issued by an arbitration court at The Hague regarding its claims in the South China Sea; it has also appropriated intellectual property. In the 1970s when the Western economies were taking the lead in setting global norms while balancing the thre
As China pursues its expansionist ambitions in the greater South China Sea, Philippines President Ferdinand Marcos Jr. is working to enhance his country’s ability to exercise its sovereignty and sovereign rights. Towards this end, Manila is expanding its strategic options through robust external partnerships and national policy recalibrations to secure its lawful waters in what it calls the West Philippine Sea. There are concerns, however, abou
India's former member of the WTO Arbitration Committee, Dr. A.V. Ganesan, thinks that it would be unsustainable for India to rely on imported food grains, and hence it is imperative that India supports its farmers to augment food production to meet the domestic demand.
Mitigating the adverse impact of Beijing’s crude ambition while simultaneously absorbing Chinese capital is a tough balancing act. Before making policy choices, India must rapidly improve its ability to monitor the full extent of economic exposure to China.
