articles by Vivek Kaul

Business

Migrants walking home desperately need money in their pockets; FM has seen to some of their needs, but not this one

Migrants working in the informal sector have felt the bulk of the negative impact of the lockdown that has been in place in order to prevent the spread of COVID-19

Business

GDP nosedives to 6-year low: India’s got a huge demand problem and that’s not going away soon

GDP growth at 4.5% is the slowest growth since January to March 2013, when the economy had grown at 4.30% when Manmohan Singh was prime minister

Business

Lenders get into lazy banking as they face slowdown blues, invest greater proportion of deposits in G-secs

The idea behind cutting the SLR is that banks will need to invest a lower proportion of their deposits in G-secs and in the process they will have more money to lend.

Business

PSU telco Rs 69,000 cr bailout package: BSNL, MTNL merger will throw more public money down the drain

Globally, any merger works only because employees get fired and the merged company is able to bring down their cost of operations

Business

Downfall of Jet Airways: Debt-laden airline never had a viable business model, failed to maintain income-expenditure balance

The overall expenditure of Jet Airways was simply too high, given the total income of the airline. A basic problem with the business model

Business

Govt should not rescue cash-strapped Jet Airways, it's not in State's interest to run airlines

The operational creditors of Jet Airways, everyone from its service providers to its workers, can still take the airline to the bankruptcy court.

Business

BJP manifesto is like a good dream, easy to sell; but does the govt have the money to implement promises?

The BJP manifesto promises a whole host of things (like the Congress manifesto) without really bothering to explain, where is the money to implement the promised things going to come from.

Politics

BJP manifesto 2019: Narendra Modi's promise to keep inflation under control and double farmers' income by 2022 is paradoxical

The growth in income of farmers has seen a declining trend in the Modi era. And this isn’t surprising, given that food inflation has come down dramatically.

Politics

Congress Manifesto 2019: To fulfil job dreams for its citizens, party must brace for a fiscal deficit nightmare

For anyone who has followed the debate around the lack of jobs in India, all the points which are a part of the Congress manifesto make immense sense

India

Who is responsible for CST bridge collapse in Mumbai; BMC or Indian Railways? Neither and it doesn't really matter

The BMC and the Indian Railways should try telling this to the relatives and the loved ones of the people who died in the collapse, as well as to the people who were severely injured, on a normal Mumbai evening.

Business

Centre should sell BSNL after dismantling it rather than extending bailout package to keep telco ringing

The interesting thing is that once upon a time, BSNL used to make a lot of money.

Business

GDP data says investment scenario is improving, but economic indicators clearly suggest otherwise

As far as the Indian GDP is concerned, one of the clear trends to have emerged over the last few quarters is the increase in the rate of investment

Business

GST on real estate reduced: Sales growth depends on whether buyers are comfortable with under-construction homes

GST on the affordable homes being constructed has been reduced to 1 percent, against the current effective rate of 8 percent.

Business

PM-KISAN scheme funding: Does govt plan to rely too much on GST revenues to finance mega farmers’ project?

The allocation for the PM-KISAN scheme clearly has to be more than Rs 75,000 crore, unless the idea is to implement the scheme in stages.

Business

Budget 2019: Arun Jaitley’s calculations have gone awry because of a huge shortfall in GST collections

At the current rate, the gap in the actual central GST earned and the central GST that the government hoped that it would earn, will be close to Rs 1,50,000 crore.

Business

Mudra loans: NPAs may have doubled in a year, but it is not a reason to worry yet

It would help if both the Mudra agency and the Ministry of Finance put out regular and detailed data regarding Mudra bad loans.