Shares Pledging – Understanding The Risks
Sale of pledged shares of certain corporate groups by the lenders has once again brought share pledging into focus. The practice had generated lot of controversy over a decade ago…
Understanding Indus Water Treaty…
The ‘non-military preemptive’ action carried out by India yesterday is the culmination of long advocated line of action to eliminate the menace of terrorism. Other than these, a measure proposed…
Weekly Round Up – Week 8
Major events of the week were Changes in rules governing Oil & Gas exploration, fund infusion by the government in Public sector banks and Relaxation in Angel Tax in economy and policy space.…
Towards Efficient Electricity Market (Part III)
After the creation of single market for manufacturing and services through GST, for agriculture through E-NAM (still, work-in-progress), it is the turn of electricity market. CERC (Central Electricity Regulatory Commission)…
Reliance Communications – Analyzing The Failure..
Reliance Communications’ plea to NCLT (National Company Law Tribunal) to proceed with insolvency process marks the demise of another telecom company. The insolvency plea was filed against RCom by Ericson,…
Chinese Economy – Challenge of Transition…
After growing at an average pace of about 10% for more than two decades, Chinese economy has cooled down to 6-7% range over last 3-4 years. This is the result…
Budget – Revenue & Expenditure Analysis (Part II)
Against total receipt of Rs 20.8 lakh crore, government is projected to spend nearly Rs 27.8 lakh crore in FY20. Other than interest payments, broad areas which account for maximum expenditure…
Monetary Policy – Is the Rate Cut Justified??
The monetary policy committee’s decision today to cut rate by 25 basis points doesn’t look surprising since CPI inflation has fallen from 3.4% in Oct’18 to as low as 2.2%…
Budget – Revenue & Expenditure Analysis (Part I)
The Budget proposal for year 2019-20 projects total expenditure of Rs 27.8 lakh crore against receipt of Rs 20.8 lakh crore. This implies shortfall of Rs 7 lakh crore corresponding to…
Union Budget 2019-20 – Highlights…
The “interim” budget presented today was keenly watched to see if the government sticks to the path of fiscal prudence or makes populist announcements. The speech, while making some important…