The Economic Survey – Food for Thought..
The Economic Survey 2019-20, presented in the Parliament today, seeks to give respectability to the process of wealth creation and to the wealth creators. This looks contradictory to the focus…
Budget – Five Decades of Public Finance..
The pre-budget deliberations are largely focused on how much would be the fiscal slippage for the current year (FY20) and what would be the extent of borrowings projections for FY21.…
Corporate Analysis – NTPC Ltd
NTPC Ltd (formerly, National Thermal Corporation Ltd) is a low-profile public sector company meeting over 20% of country’s electricity needs. The company has recorded core sales growth of 7.9% CAGR…
Coal Mining – Freed, At Last..!
The cabinet decision earlier this week to deregulate coal mining and remove the end use restriction is a water-shed event for the sector. Coal mining is possibly the only regulated…
Agriculture Sector – Issues and Challenges
India’s rural economy remains an area of significant concern due to low level of income and high population dependent upon the same. Income of a farmer, which was about 35%…
Industry Analysis – Pharmaceuticals
Indian pharmaceutical industry is among some of the industries going through deep-rooted structural changes. It is, probably next to food industry, in terms of its sensitivity to socio-political structure and…
NBFCs – A Liquidity Crisis or An Insolvency Crisis??
The NBFC crisis seems to be posing a unique challenge. While NBFCs are complaining of severe scarcity of liquidity, banks’ lending figures reveal another story. As per RBI data, banks’…
Corporate Analysis – ArcelorMittal Steel.
After a long, gruelling insolvency process extending over 2½ years, ArcelorMittal, along with its JV partner, Nippon Steel, has gained management control of Essar Steel. The takeover also marks the…