The official note from RBI reveals that it was virtually handed a fait accompli by the government to endorse the demonetization drive. Photo: Anil Shakya

Was RBI “pushed” by centre on demonetisation?

The demonetisation drive has shown that the central bank under Urjit Patel has surrendered its autonomy to the government. This doesn’t behove well for...

India’s Doing Business Index: No Rocket Science

Above: PM Narendra Modi with US business leaders in Washington, DC/Photo: UNI While there is a modest improvement, it is still hard to do business...
(L-R) PM Modi has gained personally as the demonetisation move has projected him as a decisive and strong leader; the people, despite all odds, are not yet ready to criticise Modi. Photos: UNI

Modi riding demonetisation tiger

People are going through the pain of Modi’s demonetisation move in the belief that black money will be curbed. The acid test will be...
Restaurant guests and shoppers are hapless consumers to whom the GST rate cut benefit has not been passed on. Photo: Kh Manglembi Devi

GST Anti-Profiteering Authority: A Double-Edged Sword?

Above: Restaurant guests and shoppers are hapless consumers to whom the GST rate cut benefit has not been passed on. Photo: Kh Manglembi Devi While...
Amid rumours of early General Elections, Jaitley presents Union Budget 2018

Amid rumours of early General Elections, Jaitley presents Union Budget 2018

With the political grapevine abuzz with speculation that Prime Minister Narendra Modi could recommend advancing of the general elections scheduled for May 2019 to...
Protesting farmers at Jantar Mantar pleading for loan waivers

Ploughing a National Furrow

The apex court enlarges the scope of a PIL filed on farmer suicides in Gujarat to encompass problems faced by the agrarian community across...
Prime Minister Narendra Modi favours India shifting to a January to December fiscal year from the current April to March cycle. Photo: UNI

A Double Disruption?

While shifting the financial year cycle may require legislation for smooth transition, experts say the change shouldn’t be hasty and must not clash with...

Farmers Breathe Easy

Farmers of Devbhoomi Dwarka district get interim relief after moving a writ of mandamus against Essar Power and the state government By Kaushik Joshi Fearing arm-twisting...

Hits and Misses

There were great expectations from this budget, but these seem to have fallen woefully short. It didn’t set the markets on fire, didn’t spur...
India cannot afford to have a single rate for different classes of goods meant for the common man. Photo: UNI

GST: Taxing Times?

Though the “one market, one rate” tax regime is likely to be implemented from July 1, some concerns remain, making it advisable to delay...

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