RBI keeps turf but agrees to work on Economic Capital Framework

The historic board meeting of the RBI ended with government and the central bank maintaining their power balance. At the same time, both pressured...

What is the government vs RBI conflict on capital transfer?

The government and the RBI are in an intense tussle over the use of the central bank’s ‘excess capital’. The following questions and answers...

Government to set capital reserve norms for the RBI

In the continued tussle over the use of RBI’s reserves for fiscal purposes, the Economic Affairs Secretary Subhash Chandra Garg hinted that the government...

What is Generalized System of Preferences (GSP)? What is its significance...

The withdrawal of the GSP by the US on imports from developing countries is an important trade development. Advantage of is that it allows...

US starts to revoke GSP; hitting India’s exports

The Trump administration is converting its threatening into action on trade front. In the latest step, it has started withdrawing of the 44-year-old trade...

Governor calls RBI Board as government threaten to invoke unused section...

The rising tension between the Finance Ministry and the RBI is to be settled soon as the RBI Governor Urjit Patel has called Director...

The Government vs RBI conflict- real story

The Government vs RBI conflict- real storyIn recent weeks, there is an agonizing trend of conflict between the government and the RBI. The RBI...

Dear Government, take your hands off the RBI

The attempt of the bureaucracy to grab the regulatory powers of the RBI through government cover is coming to a street battle type end....

What is a currency swap agreement (India -Japan)?

The word swap means exchange. A currency swap between two countries is an agreement or contract to exchange currencies (of the two countries or...

WTO appoints dispute panel on India’s export incentives after US complaint

The WTO has appointed a dispute settlement panel to examine the complaints registered by the US against India’s export incentives. US complaint was referred...

NCLT transfers IL&FS to a government board

The National Company Law Tribunal has transferred the management of the debt-ridden NBFC- the Infrastructure Leasing & Financial Services (IL&FS) to an ad-hoc government...

Aadhar’s exit as a business authentication ID is a challenge

The Supreme Court’s verdict that Aadhar can’t not be used by private entities in the telecom and banking sector means that the conduct of...

India’s rupee-market-crude test gets tougher

The stock market and the rupee recorded further lows on Monday indicating higher macroeconomic challenges for the country in the coming months. On the...

SEBI eases investor participation norms in FPIs

The capital market regulator Securities and Exchange Board of India came out with fresh guidelines that simplifies NRI and other investor group’s participation in...

Its advantage Trump after the early rounds of trade war

As the US and China exchanged fresh tariff blows on each other, reaction pattern from both sides indicate that Trump’s stubborn stand is yielding...

Government launches consolidation of nationalized banks

The Government proposed amalgamation of three nationalized banks to form the third largest bank in the country. As per the scheme announced by the...

Jaitley woos capital flows to support the sliding rupee

Being hurt by the pains of falling rupee, rising crude prices and trade war policies in the West, Finance Minister Arun Jaitley announced five...

Crude crosses $80 as Iran readies to exit

The Brent oil futures crossed $80 on Wednesday, sending price near to the four-year highs. Besides the Iran induced supply shock, traders are expecting...

Trade war: EU and Japan travels to the Trump camp

As the US President Donald Trump is forcing his own style of economic engagement on the rest of the world, a representative meeting of...

Inflexible US becomes a hard bargainer

Under Trump, the US is evolving as a hard bargainer and is defining friends and foes based on trade deficit.The latest one is how...