India to enforce retaliatory tariff on US goods

Nearly one year after the announcement of a retaliatory tariff on the import of certain US goods, India asserted its enforcement from June 16th...

RBI’s Prudential Framework for Resolution of Stressed Assets 2019

The Reserve Bank of India has come out with an updated guideline about resolving stressed assets on 7th June 2019. Revision became necessary after...

Big Challenges await Ms Nirmala Sitharaman

Nirmala Sitharaman has been selected for handling the all-important Finance Ministry portfolio under the new Modi Ministry. Ms Sitharaman has rich experience in the...

What is WTO’s Appellate Body on Dispute Settlement?

       The WTO has a well-designed dispute settlement mechanism. Often dispute settlement has been praised as...

What is Special and Differential Treatment (S&DT) under WTO?

          The WTO (World Trade Organisation) Agreements contain provisions which give developing countries special rights under the WTO framework. These rights are...

When trade war heats up as a real war

The US President Donald Trump is always unpredictable. Now, in the latest move, Trump raised tariff on $200 bn value of imports from China...

What is Egmont Group?

The Egmont group is an international cooperation of Financial Intelligence Units (FIUs) for the promotion of international co-operation in the fight against money laundering...

What is RBI’s Dollar-Rupee swap auction?

Liquidity management is a daily exercise of a watchful central bank. We know that in India, there are numerous liquidity management facilities with the...

Aramco in talks to partner with Reliance

Aramco- Saudi Arabia’s strategic and titanic oil exporter and one of the world’s largest profitable company, is planning to partnership in buyer locations –...

Silencing the RBI is suicidal

Not in the last eighty-four years or so, the RBI has not gone through this type of an existential crisis. All the events in...

SC verdict on RBI’s stressed asset resolution circular – the FAQ

In a verdict that will create long term impact on the management of stressed assets in the country, the Supreme Court in its April...

What is Index of Industrial Production (IIP)?

Index of Industrial Production (IIP) is an index that shows the performance of different industrial sectors of the Indian economy. The IIP is estimated and...

What is Zombie Banking?

When too many of a bank’s customers are falling into severe indebtedness, the bank will also fall into insolvency (a situation of assets lower...

What is National Statistical Commission (NSC)?

Official statistics is important in revealing the various dimensions about the socio-economic features and performance of the economy. In India, for the administration of...

Finance Minister led AM to take full control of Strategic Disinvestment

Government has empowered the inter-ministerial body – the Alternative Mechanism to take most of the decisions on strategic disinvestment. Formed in 2017, the AM’s...

Note ban accounts: CBDT gives deadline to 87000 non-filers

Action against the account holders who made huge cash deposits during the demonetisation period is coming to the final stage. According to the Central...

Trump forces withdrawal of GSP benefits to India

       US President Donal Trump has moved towards the final steps for removing concessional imports from India. The imports that are allowed...

What is affordable housing? What are the govt measures to promote...

What is affordable housing?Affordable housing refers to housing units that are affordable for those with income below the average household income. In India, affordable...

New GST rates brings cheers to the housing sector

The GST Council’s rate cut for the housing sector along with upscaling of the affordable housing ceiling value is going to be a big...

What is Angel Tax?

One of the of the leading issues of the Indian startup sector is the tax on investment in startup enterprises’ shares if the price...