BUSINESS

Focus on the quality of balance sheet

Instead of mobilising funds through overseas sovereign bonds, the Government must focus on making its balance sheet more robust and improve the quality of fiscal discipline In the Union Budget presented on July 5, Finance Minister Nirmala Sitharaman proposed an

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Issues related to GST Implementation

  Two years after the implementation of the GST, it appears the Government failed to address a couple of serious lacunae. It needs to correct course and restore trust This month marks the completion of two years since the Goods

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Need a Change in plan

Asking the super-rich to pay a little extra is a modest step in reducing inequalities. Instead, the Government must work towards bringing such citizens under a tax net In the Union Budget 2019-20 presented by Finance Minister Nirmala Sitharaman on

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Customer protection must be overhauled

Given the high incidence of fraud and abuse and the all-pervasive menace of illegal money pooling by companies, it’s essential that customer protection must be overhauled In 1919, Charles (Carlo) Ponzi, a dishwasher from Parma, Italy, who immigrated to the

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The promoters of India’s largest airline caught in a deadlock

The crisis between the promoters of India’s largest airline, IndiGo, calls for a deeper look of the Government. India’s aviation sector seems to be unable to get over a much prolonged bad spell. Even if this does not question the

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Anomalies in the fertiliser sector must be fixed on priority

While it is clear that the Government has so far failed to bring a comprehensive set of reforms for the fertiliser sector, it is still not too late for redemption Modi Government, having returned to power for a second term

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Bumpy Ride Ahead for Global Economy

Is the global economy headed into a downturn and can India do anything to counter that? As the latest Union Budget sinks in, the tax proposals and other aspects of the budget have been roundly panned by investors across the

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Restructuring of Tax Slab for Super Rich

India has done well to create a fourth slab of taxing the super rich. With windfall personal gains, the super affluent have a higher duty as enablers of financial inclusion Modi would be damned if taxes on the middle class

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RBI Mending Policies for Country’s Growth

The RBI has lived up to people’s expectations by cutting the repo rate. It should avoid being glued to inflation. Instead, the interest rate policy should propel growth In its bi-monthly monetary policy report, announced on June 6, the Reserve

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US Pushing Trade Demands

Indo-US ties have been impacted by Donald Trump’s talk on trade yet both nations need each other US President Donald Trump is not an internationalist. Given half a chance, he would withdraw from the rest of the world, unless there

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