Early this year, the boss of a large non-banking financial company (NBFC) wanted to know why the media always describe NBFCs as shadow banks. As…

A December 14 late evening release by the income tax department has confirmed the worst fears of many in the Indian financial system on how some…

On a cricket field, when a fielder drops a catch, the spectators groan. On a football ground, when a striker misses a penalty kick, the…

There is no surprise in the outcome of the three-day meeting of the monetary policy committee (MPC) of India’s central bank — one that ended…

Blame it on Omicron. That is, if the Monetary Policy Committee (MPC) of the Indian central bank decides to hold on to policy rates this…