The government and the RBI need to work in tandem to have a comprehensive inflation strategy for the medium term to reduce any adverse impact of pandemic which is still raging in India. At a time when the RBI has no option but to keep interest rate low and infuse liquidity, the retail inflation poses a big danger. The retail inflation or the consumer Price index has been over 6 per cent plus for the fifth month in a row, which is above the RBI's tolerance limit. This steep rise in inflation is a bit puzzling when there is a widespread demand destruction post the Covid lockdown. While food prices , which have over half the share in the CPI basket , is the main culprit , the inflationary expectations in the economy are also on the rise. A large government borrowing programme and a likely debt monetisation would also add fuel to inflation fire.  Watch the video as Anand Adhikari, Executive Editor, Business Today, explains the strategy the country needs to adopt. Also Read: Get ready for 'restructured' tag in credit report for loan reset

This special issue is packed with an outstanding selection of those who represent half of humanity. Who stand out in the world of business and economy and wield power as responsibly as they lead-India's Most Powerful Women in Business & Economy

An estimated Rs 8 lakh crore of bank loans are likely to come up for restructuring under the one-time restructuring window offered by the RBI for COVID impacted retail as well as large corporates. The banks have to observe caution as the track record of past restructuring schemes haven't been encouraging. K V Kamath, who headed the committee for suggesting financial parameters for restructuring, has said that the RBI's restructuring plan will be a success as it is time bound. Watch as Anand Adhikari, Executive Editor, Business Today explains how the loan restructuring plan can succeed.Also Read: RBI directs banks to complete automation of NPA recognition, provisioning calculation by June 2021

The review of Monetary Policy Committee framework is an essential requirement to set the policy rates or interest rates in the country. The first five years of the Reserve Bank of India's MPC, which got a mandate to keep the consumer price index or retail inflation at 4 per cent with a band of plus and minus 2, is about to end in March next year. Watch as Anand Adhikari, Executive Editor, Business Today explains why there is a need for a comprehensive review of RBI's MPC framework in India.Also Read: Goldman Sachs expects India's economy to rebound by 2021

The Indian government on Wednesday issued a list of 118 Chinese apps that are now banned in the country over security, surveillance, and data concerns. These apps include PUBG Mobile Nordic Map: Livik, PUBG Mobile LITE, VPN for TikTok, WeChat Work, AppLock, and others. The ban is a blow for Tencent in India whose PUBG, a battle royale game, is a smash-hit in the country. But, what impact will the move have on China? Rajeev Dubey, Editor, Business Today explains.Also Read: PUBG ban: Tencent to engage with Indian govt to ensure app's availability

There has been a strong chorus in the public space to take strict action against apps that harm India's sovereignty as well as the privacy of our citizens, MeitY said in its statement

For the first time in more than a decade, the Reserve Bank of India (RBI)'s balance sheet witnessed a massive growth of over 30.02 per cent in a single year. The RBI's balance sheet size, which comprises of currency in circulation and foreign exchange reserves among other items has grown from Rs 41.02 lakh crore in 2018-19 to Rs 53.34 lakh crore. Executive Editor Anand Adhikari of Business Today explains why this is not great news. Watch the video for more.Risk-averse banks still wary of NBFCs, MSMEs, shows RBI data

Value investing is all about picking good quality stocks trading at a discount to historical valuations. BT crunches the numbers to bring you likely future wealth generators

It's easier to generate wealth, but far more difficult to manage it. Managing it responsibly is the mantle increasingly being taken over by Family Offices - the newest concept in the progression from the age-old munim to HUFs to Trusts to holding companies

The larger purpose of having a resolution authority is for acting in a timely manner and doing a restructuring to save the institution. Beyond banks , there are NBFCs , mutual funds and insurance companies where small savers investments are parked. A dedicated resolution corporation would go a long way in providing a comfort to all the stakeholders that their money is safe. Anand Adhikari, Executive editor, Business Today, explains. Watch the video for more. MPC minutes: Recession or stagflation? RBI's key scenarios for Indian economy

With one major economic engine practically flat since 2013, India was still chugging along. Then, with domestic economy beginning to slow down, the second engine - private investment - started sputtering

Prime Minister Narendra Modi on Thursday launched 'Transparent Taxation- Honoring the Honest' platform, which included Faceless assessment, faceless appeal and taxpayer charter systems. PM Modi said that the Charter system would add strength to the government's efforts of reforming and simplifying the tax system and benefit several honest taxpayers, whose hard work powers national progress. Rajeev Dubey, Editor, Business Today explains the new Taxpayers' Charter. Watch the video for more.Also Read: Taxpayers' Charter: What taxpayers can expect from Income Tax department

The transformation of PSBs is a must step before undertaking the privatisation exercise, with an objective to create value and not to sell the banks at a cheaper price. PSBs control two-third of Indian banking loans and advances. The government has created five large PSBs by merging multiple banks, which includes The State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank and Union Bank of India. But, what is the correct road map for privatisation of the banks and how can the government accomplish the task? Anand Adhikari, Executive Editor, Business Today explains. Agri loans under moratorium in PSBs pose default risks

Eventually everything rests on the Future of the Economy. Former RBI Deputy Governor Viral Acharya reminds us that an inter-dependent, inter-connected world is vital to the growth of the global economy

Job loss insurance is a short term income support cover ranging between 12-24 months. It works as a helping hand for the government and insurance companies and acts as a stable job for the consumer. The monthly premium amount is calculated on the basis of total duration spent on the job and average salary drawn during the employment. Currently, job loss insurance comes as an add-on cover with health insurance policy or home loan plans, with premium charge between 2-5% of the total policy coverage and low benefits. Anand Adhikari, Executive Editor, Business Today explains why we need it now more than ever.Also Read: Restrictions imposed on colour TV imports; aim to boost local manufacturing

Gold prices have been touching new highs in India and global markets as investors seek safer investment options in the times of economic uncertainty. Gold prices have topped the Rs 50,000 mark and they are likely to spike further in the next 12 months. Rajeev Dubey, Editor, Business Today, explains the reasons behind this sudden spike in prices.Also Read: Sensex far from lifetime high, but PE ratio is still zooming

When historians chronicle India's coronavirus-induced business collapses, Biyani's Future Group is unlikely to go unnoticed

Asset Quality Review is a detailed and thorough inspection of loan books by the regulator. Repayment capacity of borrowers is also very important. An asset quality review is  more like a stress test of the loan portfolio done by the regulator. This exercise is very common in the developed world. Five years ago, the RBI under the former governor Raghuram Rajan had initiated an asset quality review in the banking sector. That exercise resulted in NPAs increasing from Rupees 4 lakh crore to Rupees 10 lakh crore in the banking system. The Reserve Bank of India should do an Asset Quality Review of the  Non Banking Finance Companies or the NBFCs , with a lending book of Rupees 20 lakh crore plus. Anand Adhikari, Executive Editor, Business Today explains.SBI, PNB, Canara Bank among PSBs raising thousands of crores for fear of NPAs

Sharks in the pharma supply chains are stockpiling and black-marketing a key life-saving drug for Covid-19, an India Today investigation has found. Remdesivir, produced by America's Gilead Sciences, is touted as the best hope for critically-ill coronavirus patients for its ability to shorten recovery times in clinical trials. India Today's undercover investigation has found that those who need remdesivir to keep them alive may not be able to afford it because of its excessive pricing on the black market. But, who's at fault? Rajeev Dubey, Editor, Business Today explains.Also Read: Coronavirus vaccine update: COVAXIN human trials start at PGI Rohtak

Google's investment through the fund will be around four key areas. One, enabling affordable access to the internet and to information to Indians in vernacular languages. Two, building new products and services that focus on the unique needs of the country including consumer tech, education, health and agriculture. Three, to help businesses especially the small and medium ones in their digital transformation. Four, to leverage technology and AI for social good in areas such as digital literacy, outbreak predictions, and support for rural economies. Rajeev Dubey, Editor, Business Today explains how it will benefit India in the long run.Also Read: Why Google is tapping into India's digitisation story