Tuesday, July 25, 2017

Commodity Transaction Tax: Unearthing a Financial Faux Pas

In the Union Budget of 2013-14, the then Finance Minister of India, Mr. P Chidambaram, announced the introduction (or rather re-introduction) of 0.01 per...

How will New Delhi deal with insular economic policies?

While the Modi government has invested a lot in foreign policy in its three years in office, New Delhi can not insulate itself from...

Adjustable Rate Mortgages and You

Low real estate prices, and low interest rates will spur growth in the real estate market. This is the general outlook amongst academic and...

Regional Investment Cooperation in South Asia

With the recent surge of regional economic cooperation, all eyes have shifted to South Asia. The overarching theme related to regional cooperation in South...

Performative effects and politics of sovereign rating

October 2016, at the BRICS summit in Goa, five nations agreed to explore the possibility of launching a credit rating agency. The following month,...

India on the Imperative of Reform of the International Financial Institutions

The global configuration of financial and economic powers have undergone a dramatic transformation, but international financial institutions (IFIs) have not adjusted to the transformation....

The goals and outcomes of India’s demonetisation

It has been over three months since the November 2016 surprise demonetisation of 86 per cent of India’s currency in circulation. The short-run costs...

Political funding: Disclosure by political parties must be linked to income...

On November 8, 2016, when Prime Minister Narendra Modi declared 86% of the currency in circulation as illegal tender to curb illicit wealth, he...

The tinkering’s in the right direction

In most countries the Budget is a non-event. There are no major changes as it follows from a pre-announced policy path. In India it...

Stress in the Banking Sector: Need for New Approaches

The lull in the Indian banking sector in the wake of the government’s demonetization move appears to be on its way out. And with...