Foreign Direct Investment (FDI) policy in Ecommerce

(After the review in December 2018) The government has made an amendment to the existing FDI policy in ecommerce on 26th of December 2018. After...

Centre brings a serious review to the ecommerce policy

The government has brought major changes in the ecommerce policy that will alter operations of the existing operators – Amazon and Walmart owned Flipkart....

Government to allocate Rs 41000 crores to PSBs

The Government has sought Parliament’s permission to issue additional Recaptialisation bonds worth of Rs 41000 crores to strengthen the Public Sector Banks (PSBs).The additional...

PSBs demand relaxation of resolution norms

In the critical first meeting with the newly appointed RBI Governor, PSBs managers demanded relaxation of the RBI’s revised framework for the resolution of...

Demonetisation architect- Shaktikanta Das is the new RBI Governor

Former Economic Affairs Secretary Shaktikanta Das has been selected as the new Governor of the RBI. Mr Das, an IAS officer, was the Government...

The Governor’s exit and the future of Central Banking in India

There is one certain thing about the exit of Governor Urjit Patel -that his resignation is not personal. Rather, the Governor opted to quit...

Patel quits; citing personal reasons

“My time at the central bank is up and that is why I have decided to leave my post definitively, with the satisfaction of...

Russia mediates OPEC to bring a bigger production cut

The quarreling oil producers were brought together by their new fried Russia to conclude a surprising and more than expected crude production cut agreement....

Financial Benchmarking in India

Financial benchmarking is estimating and producing standard market rates for leading financial indicator like interest rate, foreign exchange rate, pricing of government securities etc....

Crude’s future lies in Russian hands

Global crude price is reversing once more. On Thursday, the American WTI went below $50, but recovered quickly to $51 after the news about...

Central Banking is the business of technocrats- Governor tells the House...

RBI’s Governor Urjit Patel in his appearance to the Parliamentary Panel on Finance warned about the frequent interventions by non-technocrats in the affairs of...

RBI’s Capital Reserve –Components and Controversies

RBI’s Capital Reserve –Components and ControversiesCapital reserve of the central bank is the fund available with it to face any financial contingency. Liquidity emergencies...

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....