Four years of GST

Worst over; GDP growth will recover faster than forecasts in FY22: Arvind Virmani

Revival in economic activity, consumer confidence will see GDP growth recovering faster in second quarter of FY22 than anticipated by forecasts. Read more »
antitrust law, big tech, digital

XBRL can enhance transparency, ease of doing business

XBRL rollout can help decision makers such as regulators, company boards see tabled information with greater clarity. Read more »
Confusion over cryptocurrencies in India

Legends of the fall: Govt, RBI must clarify on cryptocurrencies

While the government is sending out confusing signals on cryptocurrencies, currency regulator RBI has been silent for a long time. Read more »
RBI raises repo rate by 25 basis points

Monetary policy: RBI joins quantitative easing bandwagon

In a major departure, the RBI has committed its balance sheet to monetary policy in the April 2021 MPC meeting. Read more »
IMF, RBI

Monetary policy: RBI stays focused on growth with accommodative policy

RBI’s proposed Rs 1 trillion government securities acquisition programme will provide certainty to bond market participants, reduce term premiums. Read more »
global minimum tax impact on india

Consultations, regulation key to the success of banking reforms unveiled in Budget 2021

The government must be wary of pushing through the much-needed banking reforms without a proper cost-benefit analysis and a clear regulatory framework. Read more »
startups, PE VC funding

RBI monetary policy: Rate cuts unlikely for the rest of 2021

The RBI needs to do a fine balancing act between withdrawing the ultra-accommodative monetary policy and ensuring the smooth completion of the government’s borrowing programme. Read more »
cryptocurrencies

Fiat currencies vs crypto currencies: How they fare in addressing an uncertain future

Prices in fiat currency are determined by speculation, not by value calculated by intrinsic characters of irreplaceability and resource limitation. Read more »
IndiaN economy, $5 trillion economy

QE and other drugs: RBI must review liquidity enhancing measures

A combination of high inflation and low interest rates has given rise to negative real rates for savers which is not a welcome phenomenon. Read more »
policy circle image

NBFCs need a lender of last resort; SIDBI and NABARD can do the job

NBFC offer loans to MSMEs and individuals for 24-48 months. They need funds for a similar period in order to maintain a healthy asset-liability match. Read more »