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Banks Board Bureau to be set up in four months: Finmin

Mar 03, 2015

Banks Board Bureau to be set up in four months: Finmin

Last week, Finance Minister Arun Jaitley in his Budget speech had announced setting up the autonomous Banks Board Bureau for helping lenders raise capital for meeting expansion needs. #Economy #ThisisNext #Narendra Modi #SBI #Arun Jaitley #IDBI Bank #Basel III #Bhartiya Mahila Bank #department of financial services #Hasmukh Adhia #Gyan Sangam #Budget2015 #Economy Budget 2015 #Banks Board Bureau #Bank Investment Committee
RBI-govt deal on monetary policy cuts both ways; FM also has to deliver

Mar 03, 2015

RBI-govt deal on monetary policy cuts both ways; FM also has to deliver

Contrary to the general assumption, the monetary policy framework that assigns the task of management to the RBI is not one-sided. It implicitly commits the government too to a sensible fiscal policy, though this is not stated. #Economy #HowThisWorks #Inflation #RBI #Arun Jaitley #RBI Governor #FSLRC #monetary policy framework
No logic in allowing FDI for Flipkart and Snapdeal and excluding Wal-Mart

Mar 03, 2015

No logic in allowing FDI for Flipkart and Snapdeal and excluding Wal-Mart

The market disruption caused by e-marketplaces like Amazon, Flipkart and Snapdeal will be the same as what a Wal-mart could cause in multi-brand in retail. If we need FDI in e-marketplaces, why not in brick-and-mortar big retail? #Business #Economy #InMyOpinion #FDI #Wal-Mart #Amazon #Flipkart #Snapdeal #E-Marketplaces
Amid TMC, Left ruckus, Jayant Sinha introduces Insurance Bill in Lok Sabha

Mar 03, 2015

Amid TMC, Left ruckus, Jayant Sinha introduces Insurance Bill in Lok Sabha

The bill seeks to amend the Insurance Act, 1938 and the General Insurance Business (Nationalisation) Act 1972 and the Insurance Regulatory and Development Authority Act, 1999. #Economy #UPA #Congress #BJP #Rajya Sabha #Trinamool Congress #Lok Sabha #PolicyWatch #CPM #Saugata Roy #M Venkaiah Naidu #Jayant Sinha
Core sector grows just 1.8% but Jaitley should not bank on RBI rate cut for growth

Mar 03, 2015

Core sector grows just 1.8% but Jaitley should not bank on RBI rate cut for growth

A growth revival is possible only if the Narendra Modi government walks the talk. The solution is not another RBI rate cut #Economy #Inflation #RBI #Arun Jaitley #Growth #HSBC PMI #Rate cut #Core sector growth #Public Spending #Jayant Sinha #budget 2015

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Bill Gates is wrong, the rich-poor divide is only getting wider

Feb 03, 2014

Bill Gates is wrong, the rich-poor divide is only getting wider

The former Microsoft bosss faith in the system that gave him all the money he now spends to fight inequality is perhaps instinctive. But there is ample evidence now that inequality is inbuilt in the capitalist system. #Economy #ToTheContrary #Poverty #Bill Gates #poor
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