If news reports are to be believed, the Finance Ministry seems to be caving in to the RBI strategy to sell Public Sector Banks and is raising the limits of FDI in banks to 49% — thus virtually paving the way for handing the PSBs, which are at th....
In the second of a three-part series on the Indian economy ahead of the presentation of the Union Budget, well-known commentator on political and economic affairs, S Gurumurthy argues that the Indian family’s instinct to save in banks rather tha....
It’s that time of the year when ‘experts’ throw around intimidating economic jargon to ‘advise’ the government and ostensibly enlighten us all on what’s wrong with our economy. Starting today, we bring to you well-known commentator on ....
Introduction Instability created by terror-related activities is not a new phenomenon in the Maghreb region or Northwest Africa. Looking at the present scenario in this region, there are no signs of improvement, particularly on security sph....
The Vivekananda International Foundation hosted the third Quad Plus Dialogue at Jaipur from February 14 to 16, 2016. This initiative was started in 2013, when security and strategic affairs experts from four major think tanks—the Heritage Foundatio....
At times individual events irreversibly change the dynamics of regional geopolitics and texture of bilateral relations. Xi Jinping’s well publicised two day (April 20-21, 2015) visit to Pakistan, barely three weeks prior to Indian Prime Minister Na....
The way economists have made simple theories into complex mathematical equations has made monetary economics seem difficult to comprehend. Well-known economists, including Nobel laureate Robert Shiller and Prof Bradford DeLong, have already proteste....
Magic 3% Three per cent Fiscal Deficit! This is a dream announcement any finance minister of India would love to make. Fiscal deficit is the excess of payments over receipts of the government. The quantum of fiscal deficit in budgets in Ind....
Comprehensive National Power – Concept and Utility National power is defined as the ability of a nation to attain its strategic objectives by directed action. The use of power would be based on the overall national vision based on the asp....
All budgets are in a sense compromises with different stakeholders. Whether it is a housewife making budget for home or a Chief Finance officer for a company or Finance minister for the Government. The core issue is that expenditure is always larger ....