To take the economy to $5 trillion, India needs a clear and consistent position on foreign direct investment
India may well be entering a Goldilocks period on the back of high rate of growth combined with macroeconomic stability
Contrary to what some have said, NITI Aayog's 'Strategy for New India @75' attempts to provide a framework for making development a mass movement
Rather than inject fresh capital only into banks that transgressed most, and punish all equally with draconian restrictions for transgressions of few, a judicious lowering of CARs will help all banks
The RBI, by focusing on consumer inflation, is introducing new uncertainties to the execution of monetary policy
It's a short-term fix that will vitiate the investment climate. Why not go after the evaders instead?
The Parliamentary Committee?s recommendation to exclude PPP and private projects will sound the death knell for infra projects