Author
Sabnavis is chief economist, CARE Ratinigs and author, more recently of Economics of India: How to Fool all People for all Times
The budget has been sanguine on the disinvestment front once again with a target of Rs 61,000 crore being placed which includes Rs 10,000 crore of asset monetisation proceeds
Read MoreThe USD 5 trillion target is a number that will be achieved. But credit would be given based on the number of years taken to achieve this and whether the 15 per cent growth rate has more real GDP growth and less inflation
Read MoreThe RBI has indicated that capacity utilisation rates have improved to 74.5 per cent which is a good start for further investment. The SMEs however will be affected negatively on account of higher working capital costs
Read MoreArun Kumar’s book Ground Scorching Tax is a well-articulated treatise on the GST where all concepts are explained in a rudimentary manner
Read MoreParag Khanna drives home the novel concept of Asia-Nomics, which involves several things: migration, absorption of these cultures, reinvention of the Silk Route, market integration, etc.
Read MoreThe book is quite topical given the acrimony between the government and the RBI. Bajoria’s narrative provides the consolation that we need not be too scandalized by the developments as this has been happening all the time.
Read More2018-19 will be a year in which the banking system will have to get back on its feet despite all the aches and pains while the doctors (government and regulators) take a call on the structures that will be maintained
Read MoreA question that one can pose is: at the policy level will we do it again?
Read MoreThe author traces the history of the School and its evolution, which became the fulcrum of capitalism even though it ideologically stood for making business work for society
Read MoreA point not touched by the author is the holding of say dollars by other nations given that it is an anchor currency and is normally held in larger denominations
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