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 […]
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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 the IRMA campus is decreasing. What has to be done? Interest Rate Cut. […]
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Interest Rate Cut: Narendra Modi Is Hurting His Voters
I have written about Why Narendra Modi Keeps Winning Elections In India. Seemingly, he has no weaknesses. He is hugely popular with the Indian electorate. The so-called failure of Narendra Modi – Demonetisation is not a failure to the voting public. Then, what is it that will ever hurt him? What could lead to his […]
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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 […]
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Decision Makers in Narendra Modi Government 2.0
Who would you think would be the decision makers in the Narendra Modi Government? The usual answer would be the powerful ministers in charge of the key ministries. Let us see ministry by ministry and check who could be the real decision makers. Home Ministry Amit Shah is the Union Home Minister. He has handled […]
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PM-Kisan: Wrongly Targeted, Wrongly Executed, No Benefits to Farmers
The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) was supposed to be a game-changer for the farmers in India. However, there is not going to be any perceptible change for the intended beneficiaries – the farmers. Why? Read on. Who are to benefit – Farmers / Land owners? The divergence of the benefit starts from the […]
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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, […]
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How Rahul Gandhi Can Still Become Prime Minister
It is fairly evident that Rahul Gandhi wants to become Prime Minister of India. Though for all practical purposes, he is not going to become one in his lifetime. This is also fairly evident. Against all odds, is there actually a way in which the unthinkable can happen? Yes, it is possible. Rahul Gandhi to […]
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5 Characteristics of Indian Liberals
I attended a couple of sessions in a forum for public discourse. I was intrigued by the tagline of the organization that organized them. “The place for INTELLIGENT CONVERSATIONS”. Does it mean that what the other people discuss/speak is not intelligent? Who certified that whatever gets spoken at their place is intelligent? Does it imply […]
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Why the Indian Media Sucks: Godrej Nature’s Basket
This post is about the ineptitude of Indian Media, and not about Godrej Nature’s Basket. I have used Godrej Nature’s Basket as an example basis the information available in the public domain and there is no intention whatsoever to present the company in a bad light. Time and again, whenever I read the Indian Media […]
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