What Made Kishore Biyani’s Future Group A Past? Is Re-Birth Possible?

As on today, 30th July 2020, it is a foregone conclusion that Future Group will be sold off. The poster boy of Indian modern retail, Kishore Biyani, who claimed that elephants can dance will wander into the sunset. The man who has many firsts to his name will have one more added – selling off […]

FDI In India: Facts, Figures And Frauds

Foreign Direct Investment (FDI) is a major source of economic development in India. Foreign companies make a beeline to invest in India to benefit from the ease in doing business, friendly environment, lower wages, huge market and so on. FDI keeps increasing year-on-year generating jobs and shows confidence in the India growth story. The above […]

RBI’s Interest Rate Cut Is Utterly Inapt Response To Coronavirus Crisis

A nation is facing a health crisis. Everyone, be it in government or private jobs, is hearing about salary cuts, worse layoffs. Self-employed, white-collar or blue-collar, have no idea when their next earnings will come through. Wherever one looks, only stories of anxiety and misery are to be seen and heard. The future is uncertain, […]

Yes Bank, SBI and RBI – The Unanswered Questions

Supposedly, the Reserve Bank of India (RBI) has acted swiftly in the Yes Bank issue. State Bank of India (SBI) has been roped in as the white knight. The Finance Minister has said that the depositors will be protected at all cost. RBI has said that the issue will be resolved within the outer limit […]

Interest Rate Cut Obsession Is Hurting Indian Economy

Indian Economy is not growing. What has to be done? Interest Rate Cut. GDP growth is not 7%. What has to be done? Interest Rate Cut. Automobile sales is declining. What has to be done? Interest Rate Cut. The population of monkeys on theĀ IRMA campus is decreasing. What has to be done? Interest Rate Cut. […]

Subhash Chandra Garg VRS: What Could Be Reasons And Implications

Subhash Chandra Garg, the blue-eyed boy of Narendra Modi Government was unceremoniously shunted out as Finance Secretary. He was the person responsible for Urjit Patel’s ouster. Viral Acharya left because of him. He was promoted as Finance Secretary as recently as March 2019, just 4 months earlier. What could be the reasons for the sudden […]

What Viral Acharya Resignation Tells About Him, RBI, Markets, GoI and Us

When Urjit Patel resigned in December 2018, it was a foregone conclusion that Viral Acharya will follow suit. The fact that he took six months to move on was a surprise. I suppose Viral Acharya’s resignation is the last of the lot in Modi 2.0. There are not going to be any more Raghuram Rajan, […]

Does RBI Rate Cut Really Help Indian Economy?

RBI has had another round of interest rate cut on 4th April 2019. What needs to be done to boost the Indian economy? What is the universally accepted answer to which RBI under Shaktikanta Das keeps obliging? Share Market at Historical Highs Sensex has crossed 39000. It is the historical peak for the Indian share […]

Jet Airways Rescue by Government of India: Socialism At Best

If there was ever a doubt whether Government of India is capitalist or socialist, the Jet Airways saga puts all the suspicions to rest. We have a rational private investor – Etihad who wants to take the first flight out of the company. At the same time, there is a Government of India who wants […]

5 unanswered questions for SBI bailout of Jet Airways

Jet Airways has lurched from one crisis to another throughout its existence. The noteworthy aspect is that it has always managed to survive whatever the crisis is. The latest mess for the airline is its inability to pay for the lease of its aircrafts and they getting grounded one after the other. A company is […]