Will Rajan Idenify Faultlines Before Reducing Interest Rates?

Clamor for interest rate cut is gaining ground day by day. Finance Minister has already lent his moral support  for a reduction. He cannot dictate his term to the RBI. That is the beauty of delicate balance of power between union finance ministry and the RBI. While fiscal measures are within the exclusive purview of the finance ministry, monetary policy is tooled by the RBI. There were instances of power equations getting awry: one trying...

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A Land Mark Judgement on Sick Industries

                        Not many would have read a recent judgement by a three  judge  bench of the Supreme Court of India, which will have far reaching implications on the recovery proceedings against sick companies. The disputed issue was the provisions of the Sick Industrial Companies Act (SICA),1985 and in particular Section 22 of the Act. In the landmark judgement,...

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Indian Stock Market on Rolls?

Of late, there is a  buoyancy in the capital market. As on 12.24 Pm today, BSE index has peaked to 27,886, up 26 points and NSE index perked to 8333 up 9 points. The stocks which have shown solid performance are banking, capital goods, healthcare and realty sectors. However,  oil and gas & power sector scrips have shown weakness. A detailed update will be made available only later and the factors which have pushed up and...

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When will we say No to Union General Budget?

Indian Fiance Minister Arun Jaitley will move the second General Budget on 28th February 2015. The first one he introduced was only a few days him taking over finance portfolio and possibly many of the promises made in the BJP (read NDA) manifesto could not be included. Now that the finance minister has set up a group of chosen bureaucrats for making the budget exercises, including a new chief economic adviser, who has been drafted from ...

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The Great Indian IPR Dilemma

Close on the heels of the allegation by the  foreign banks that India is not playing by the  rules in revealing the names of account holders in foreign banks, another controversy is awaiting to happen. That is the stand of the United States Trade Representative (USTR) to  review patent regime in India and to find out whether Indian authorities are adhering to tenets of compulsory licensing, data protection and incremental innovation....

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The Electronics Revolution in India

Everyone in India is talking about revolutions in many sectors be they  e-commerce, telecom (read 4G), health, education and the list goes on. But one sector that has  been less quoted in the run-up to revolutions is electronics. Let the facts speak for itself. By 2020, India needs  close to US$ 400 billion worth of electronics hardware. Gauged by the pace of domestic production, the production might perk up to US$ 100 billion....

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Politics on Prostitution-Let not the the Poor Suffer

                   I was in a trepidation after deciding to write a blog on the raging debate in India about legalization on prostitution in India. My difficulty is to decide on which blog should I post the write up. Thanks to my friends, I have three blogs in a short time, one on Indian economy, two, on social issues and third on personal musings. With great mental debate, I decided to...

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