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Rebooting the Railways

As a former banker, Railway Minister Suresh Prabhu will realise better than anyone else the true... »

Towards defragmentation

The acquisition of ING Vysya Bank by Kotak Mahindra Bank, the first such move in the domestic ban... »

New deal for investors

Of the many decisions taken by the Securities and Exchange Board of India this week, the regulati... »

Kisan Vikas Patra 2.0

Desperate times call for desperate measures and the Centre’s decision to relaunch Kisan Vikas Pat... »

The wages of inefficiency

Statistics can often be misleading, but there is no mistaking the meaning of these numbers. Accor... »
RECENT EDITORIALS

In a fix

The stringent £1.1 billion fine imposed on five banks, including big names such as UBS, HSBC and Royal Bank of Scotland, by the UK financial services regulator raises further worries about the exte... »

Much ado about nothing?

Although the details of the agreement between India and the US are not clear, the promise that it will put an end to the impasse over the WTO’s Trade Facilitation Agreement is welcome news. From th... »

The writing on the wall

The numbers for consumer price inflation and factory output, on the face of it, tell a straightforward tale: growth is the bigger problem and inflation is on the wane. Only, one needs to delve a bi... »

Privatise, don’t disinvest

The Finance Minister’s statement that the Centre is open to exiting loss-making public sector undertakings is welcome in so far as it a long overdue reform that the UPA government couldn’t summon u... »

Inexcusable delay

Bharti Airtel’s decision to call off the deal to acquire Loop Mobile’s subscribers once again highlights the policy paralysis within the Department of Telecommunications (DoT). The agreement betwee... »

Break the shackles

While the Centre’s decision to alter the selection process of CMDs and EDs of public sector banks is both necessary and welcome, the new rules it has framed for such appointments fail to address th... »

Towards urban dystopia

Nearly a quarter of a century after reforms, it is beyond question that the gap between the southern and western regions of the country (as well as pockets of the north) on the one hand and the eas... »

Of risk and return

News that a group of NRI investors are suing the ICICI group because they lost money in a venture capital fund run by it questions fundamental assumptions about high-risk investment vehicles and th... »

Grey matter

The Supreme Court has rightly decided not to make public the list of individuals holding accounts in foreign banks, despite compelling the Government to furnish the names to it. In so doing, it is... »

Time for the Big Bang

Good fortune it may be in large measure, but ever since the Modi government took over, India’s macroeconomic indicators have shown dramatic improvement. Buoyed by a not-so-bad monsoon and a politic... »

National renewal fund, redux

Portable PF

Modi’s second victory

Slow arm of the law

Taking cover

Right call

Unmake in India

US recovery implications

New subsidy regime

The reintroduction of the direct benefits transfer scheme for the supply of cooking gas, after its withdrawal in March this year, is a welcome signal that subsidy targeting is back on the policy ag... »

Closing the gap

Non-Banking Finance Companies protest too much in claiming that recent Reserve Bank of India regulations on prudential and corporate governance norms will ‘stifle’ the sector. Tighter regulation of... »

Learning reforms

Given the snail’s pace of change in India’s education policy firmament — as many as a dozen Bills relating to higher education are languishing in Parliament alone, some since 2009, while some other... »

Deferred distress

The recent India Ratings & Research’s estimate that restructured assets in the banking system will surge by about ₹1 lakh crore over the next five months is indeed cause of concern. Given that... »

A roadmap for safety

The controversy over two more Indian cars, the Maruti Suzuki Swift and the Datsun GO, failing the frontal crash test conducted by the Global New Car Assessment Programe (NCAP), has generated more h... »

A weighty conundrum

Recent developments have once again focused attention on the problem of hunger and malnutrition in India, especially in the vulnerable child population. While there is no denying the seriousness of... »

Prune government flab

The Centre’s intent on curbing non-Plan expenditure by 10 per cent by cutting down on travel expenses, foreign trips and 5-star stays of senior officials is unexceptionable, but the exercise is nei... »

Beginning of the end

The six-year-long quantitative easing programme, costing $3 trillion, may have ended, but the Federal Reserve’s task of taking the US economy towards normalcy is far from complete. Stopping the inf... »

Strategic opportunity

The Petroleum Minister’s push for a dynamic crude oil sourcing mechanism by PSU refiners comes not a day too soon. Creating an adequate store of crude oil is a vital strategic need, given our impor... »

Faulty exchange

The Centre’s draft order merging the National Spot Exchange Ltd with its parent Financial Technologies (India) Limited is an ill-conceived document and sets a dangerous precedent. It is one thing t... »

A small step forward

Diesel disengaged

Well begun

Respite on inflation

Not so Nobel record

Bond market boost

Caveat venditor


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