In the March quarter, the Indian economy grew 4.6%, making it the eighth successive quarter in which the world’s third largest economy in terms of…
Category: Blog
Three challenges before the new finance minister
I don’t know who will be India’s next finance minister but I am quite sure that whoever takes over the critical portfolio will feel like…
Govt to gain the most from PSU bank reforms
Last week, a Reserve Bank of India (RBI) panel set up to review the governance of bank boards suggested that the government—the majority owner of…
Rate cut by RBI unlikely despite lower wholesale inflation
At 5.2%, wholesale inflation in April, released on Thursday, surprised analysts. This is lower than the consensus estimate of 5.7%, which was also the March…
Yes Bank-L&T Finance deal: is it for real?
An entity’s unsuccessful attempt to get a banking licence will not come in the way if it plans to buy a stake in an existing…
Should the new government sack Rajan?
Reserve Bank of India (RBI) governor Raghuram Rajan doesn’t need to worry about keeping his job if the Bharatiya Janata Party (BJP)-led National Democratic Alliance…
The great Indian rate trick
A Reserve Bank of India (RBI) working group’s suggestion to create an Indian Banks Base Rate (IBBR) to which all commercial banks can link their…
Sahara hasn’t done anything against the law: Subrata Roy
Sahara Group, which obtained a stay from the Calcutta high court in December on the publication of Mint journalist Tamal Bandyopadhyay’s book Sahara: The Untold…