Will the Hunt for Black Money Fall Flat?

Reports are emanating from different quarters about the seriousness of the government to curb the black money.

Sunday, 28 December 2014

Are You taken for a Ride by Bankers while Availing Housing Loans?

  Are You taken for  a Ride by Bankers while Availing Housing Loans? It is claimed that the banking sector is regulated and controlled by RBI. But how far that control is effective is a question being asked by many. RBI has come out with a dictum that no bank can charge per-payment penalty for early repayment of housing loans. Banks claim that they have adhered to the terse warning by the regulator. But reality is different. They may not be charging a  pre-payment penalty and the procedure for extracting money from the customers...

Friday, 26 December 2014

It is Time for Modi to be Firm on Development Agenda

Business Economics & Services Team (BEST)                             It is Time for Modi to be Firm on Development Agenda Modi Administration is making the right noises both in India and abroad. But the trillion dollar question is whether it will help fructifying the results. Admittedly, the administration's effort is to make India a happening place and is going all out to launch a host of programs, policies and legislation to convey that message loud...

Thursday, 25 December 2014

The Great Indian Digital Divide

Business Economics & Services Team (BEST)                                            The Great Indian Digital Divide Earlier Indian society was divided  on two counts: haves and have nots.  Presently, the division is more in terms of those who are net connected and not. In a way these two divisions are  curiously linked....

Tuesday, 23 December 2014

Indo-US Trade War Hots Up Before Obama Visit

Business Economics & Services Team (BEST)                                    Indo-US Trade War Hots Up Before Obama Visit One month before the visit of President Obama to India, the US Inc. has upped its charter of demand to gain market access to India and suggested ways to clean up India's  system to attract more investment. The report prepared by US International trade Commission (USITC) has flag marked several grey areas that India...

Will India Pip China?

Business Economics & Services Team (BEST)                                                       Will India Pip China? There is an undercurrent of competition between India and China in many fronts. The competition is hotting up with every passing year. To a discerning watcher,...

Saturday, 20 December 2014

Indian Growth Story -Upside and Downside

Business Economics & Services Team (BEST)               Indian Growth Story -Upside and Downside It is a mental game for economists and policy makers to debate on future contours of growth. They can throw up all types of opinions and perceived rationales to drive home their points of view. Some three years back, in the peak of slow down, we heard from the top government functionaries, acclaimed analysts and newspaper editors and columnists   that  slow down would ...

Friday, 19 December 2014

Economics & Investment Updates (7)

         Economic & Business Services Team (BEST)                                   Economics & Investment Updates (7) 1. Spicejet Airline May Survive There are indications that beleaguered Spicejet airlines may be salvaged from its deep financial with the coming back of its co-founder Ajay Singh. Corporate circles are agog with...