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Regulators dreaded by pharma companies for their zero tolerance and harsh crackdowns have been mum on COVID vaccine developers' bombastic claims
Updated : Nov 27, 2020

Sleepy drug regulators mute witness to Covid vaccine one-upmanship; leave investors, patients at grave risk

Emboldened, firms indulge in a game of one-upmanship based on alarmingly low number of trials. Sputnik had been tried on only 20 patients before Gamaleya made the claim; Pfizer 120 and Moderna 95

For consumption, India's growth story would have faltered as far back as 5 years ago.
Updated : Aug 15, 2019

Only 3 ways to turn around the economy - consumption, consumption & only consumption

Two successive finance ministers, Piyush Goyal in Interim Budget and Nirmala Sitharaman in Budget 2019, missed golden opportunities to revive the consumption cycle. It has cost the Indian economy two precious quarters, probably more

It was January, 2014, when the RBI reversed the trend in repo rates by moving from rate hikes to rate cuts.
Updated : Jun 6, 2019

Don't cheer for rate cuts! Banks have only transmitted 0.6 per cent of 2.25 per cent repo cut by RBI, choking up the economy

Such defiance is unprecedented. But FinMin and the RBI are playing wink-wink in the name of  institutional independence. Hey, haven't we heard that before!

Nearly every macro and micro economic indicator is now pointing towards a slowdown in India economy.
Updated : Apr 29, 2019

Slowdown grips Indian economy; how do we emerge unscathed?

There are no ifs and buts about this one. India is well and truly in the grip of a slowdown that is threatening to get worse by the day

Updated : Feb 12, 2019

'Rafale' e-mail is an 'Airbus' e-mail: How Rahul Gandhi got it all wrong in this game of obfuscation

Rahul Gandhi's email 'expose' has no reference to Rafale; he just picked on the line "Mentioned a MoU in preparation and the intention to sign during the PM visit" as referring to the Rafale MoU.

Updated : Dec 14, 2018

RBI board meeting: Fresh hope for Uday Kotak, Rana Kapoor from dictat! Here are the changes new governor could ring in

While Rana Kapoor is being forced to step aside from his position as MD & CEO of Yes Bank, Kotak faced an obstinate RBI refusing to budge on its stand that dilution of his stake via Perpetual Non-Convertible Preference Shares does not meet RBI's promoter holding requirement.

Updated : Nov 14, 2018

No, Dr Viral Acharya! The RBI is neither an independent nor an autonomous institution

If India's democracy has to thrive and it aspires to create independent and autonomous institutions of the nature of the Federal Reserve, it needs to go the legislative route.

Updated : Oct 10, 2018

After LIC rescues IDBI, has govt enlisted SBI, PSU banks to save failing NBFCs?

The Centre has been nervous ever since the markets began gyrating to the rumours of an imminent collapse among NBFCs, particularly housing finance companies

Updated : Sep 25, 2018

Cease and desist from fear-mongering: IL&FS is no Lehman; nor a systemic risk of consequence

Frightful and irresponsible commentaries about a 'systemic risk' suggesting India's financial system could collapse due to IL&FS have added fuel to fire

Updated : Sep 3, 2018

No way the governments-Centre or States-can cut taxes on petrol and diesel!

Over Rs 10 lakh crore from fuel taxes have been deployed in social schemes.  Cutting taxes mean cutting down on such schemes which will be political hot potato in the run-up to general elections.

Updated : Jul 21, 2018

Facebook & WhatsApp! Stop paying lip service. Here's how you should 'lynch' fake news

By its very nature, fake news can't be controlled with a top-down approach that Facebook and WhatsApp are trying to adopt. Instead, it needs a bottoms-up approach. It needs to be crowd-tackled.

Updated : Jul 17, 2018

LIC-IDBI Bank puzzle: It's the government, stupid!

IDBI Bank will be a burden on LIC. Out of its total outstanding loans of Rs 1.99 lakh crore, it has already recognised gross NPAs worth Rs 55,588 crore while it has also provisioned for bad loans worth Rs 26,902 crore.

Updated : Jul 5, 2018

Sunil Mehta panel's 5-point NPA formula: Bankers protecting the bankers

The recommendations submitted by the committee are truly uni-dimensional as the panel only looks at the bankers' perspective, which is hardly surprising considering it comprised only PSU bankers.

N Chandrasekaran, Chairman, Tata Sons (Photo: Vivan Mehra)
Updated : Jun 15, 2018

TCS share buyback: Did Chandrasekaran act in the interest of Tata Sons, or TCS?

The buyback benefits the freshly minted chairman's new love-Tata Sons-the most

Updated : Jun 1, 2018

India may boast best GDP figures, but all's not well with the economy

There's much to cheer about the 7.7 per cent GDP growth rate in Q4 of 2017-18. Yet, there's still a lot that's not right with the economy. First, despite this smart recovery in Q4, the GDP for the entire fiscal was barely 6.7 per cent - 0.4 per cent lower than the previous financial year.

Photo: Reuters
Updated : Feb 16, 2017

Why Infosys, TCS and Wipro should not repeat Cognizant's mistake on share buyback

It's a defeatist way of looking at their business

Updated : Feb 1, 2017

Budget 2017: The Most Unique Budget

Finance ministers rarely choose one over the other. Rather, they often provide incentives in a mix with the objective of triggering economic activity from both the demand and the supply side. Arun Jaitley's Budget 2017 is most unique in that respect.

Updated : Feb 1, 2017

Budget'17: Push digital transactions via standard deduction

In Budget'17, Finance Minister Arun Jaitley has an opportunity to kill two birds with one stone - provide Standard Deduction to the salaried class, and still push digital transactions.

Updated : Jan 31, 2017

Budget '17 taxes: If this, then that!

The finance minister has a commitment to reduce the base rate of corporate tax from 30 pc (actually, with cesses and surcharges it comes to nearly 34 pc) to 25 pc by 2018-19.

Updated : Jan 23, 2017

Raghuram Rajan and Nikesh Arora: A tale of two exits

So, Raghuram Rajan didn't get a second term (rather, a 2 year extension) and Nikesh Arora didn't get the top job at Softbank. Both exits remind you of the adage: there's many a slip 'twixt the cup and the lip.

Updated : Jan 23, 2017

A 'Plan B' for crucial Bills in Parliament

Government must achieve with executive action what it isn't able to ratify through the Parliament.

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