By Nantoo Banerjee Reserve Bank Deputy Governor T Ravi Sankar is absolutely right to say that there is no alternative to the internationalisation of Indian Rupee (INR) despite the domestic monetary challenges it will pose. The use of INR in cross-border transactions is expected to mitigate currency risks for...
By Arun Kumar Shrivastav Early this month, Prime Minister Narendra Modi inaugurated 75 Digital Bank Units (DBUs) to mark 75 years of Independence. These brick-and-mortar digital banks one each in 75 districts of India aims to take the benefits of digital banking to every part of the country –...
By Sushil Kutty Some days you’re the bug, some days you’re the windshield! Of late, the Bharatiya Janata Party is the bug plastered all over India’s windshield. Before the ‘Bridge over River Machchhu’ in Morbi collapsed, there was ‘Operation Lotus’ going completely wrong in Telangana, making Chief Minister K...
By Arun Srivastava Except jabbing his jumlas and narrating his “man ki baat” that too once in a month, Narendra Modi is not known to be upfront in his expressions and usually refrains from conveying his thoughts and ideas to the people of the country. But whenever he speaks,...
By Tirthankar Mitra Poised to emerge as ruling dispensation of West Bengal an year ago before state Assembly polls, state BJP hopes fell flat thereafter. And now the party finds itself to be a house divided with intra party squabbles, so far under the wraps is now in the...
By K Raveendran Violations and atoning for them are in the DNA of Google and its owner Alphabet. Google had to pay penalties of Rs 2,274 crore within the space of a week, in two orders issued by the Competition Commission of India for misusing its dominant position in...
By Harihar Swarup From a fiscal point of view, the state governments are in a strong position to emerge key drivers of economic growth this year. But while the availability of funds doesn’t appear to be a constraint, surprisingly, actual spending by states so far has been muted. Their...
By K R Sudhaman There is a general euphoria with a PIO Rishi Sunak becoming Prime Minister of United Kingdom. This is natural as India being a vibrant democracy, politics is at its best even on a non-issue. In this, there is some case for celebration with Sunak being...
By Dr. Gyan Pathak The provisional payroll data of EPFO released in October 2022 reveals that formal job creation in August sharply dropped by 7 per cent compared to a month earlier in July, though the government press release preferred to claim that the organisation added 16.94 lakh net...
By Sushil Kutty Perhaps the Election Commission wants to give Prime Minister of India Narendra Modi more time to dog-whistle the Gujarat electorate with election-oriented development projects, like the Tata-Airbus C-295, and bombard voters with election-winning poll-promises which may or may not be kept. Gujarat is Narendra Modi’s home-state....