Category Center for the Study for Finance and Economics

Manmohan Singh: Pioneering India’s Global Growth and Digital Transformation

It is conventional wisdom to hail Manmohan Singh as the author of India’s economic reforms. This is misconceived. That credit goes to PV Narasimha Rao. Only a prime minister can strategise and execute a paradigm shift in the nation’s economic policy. He would need a number of technocrats to carry out that job intelligently, and Manmohan Singh, as Rao’s finance minister led a team of able technocrats, among whom we should note the likes of Montek Singh Ahluwalia, Shankar Acharya and C Rangarjan at the Reserve Bank of India (RBI), India’s central bank. To call Manmohan Singh the author of economic reforms is like saying that contract manufacturers Foxconn and Pegatron make the iPhone, and not Apple.

Urban Knowledge in Crisis

The current status of urban knowledge development, in form of accumulated knowledge, so recorded and accorded a formal status, in the syllabus of recognised courses or diploma and masters degress, of institutions of formal educations, like universities, is the bed rock of knowledge in any discipline.

Why Traditional FMCGs Must Adapt to Compete with Big Retail Giants Like Amazon

The markets are flat. The rupee is down against the dollar, not so much because the rupee is weak — the real effective exchange rate of the rupee, trade weighted against six currencies, shows appreciation — because of the rise of the dollar against major currencies. US growth is robust, at the moment, and the resurrection of Donald Trump, with his promise of tax cuts and protection for US industries, has braced US stocks, relocating some equity funds back home to the US.

EPF Pension Controversy: Accountability and the Role of the Central Provident Fund Commissioner

TK ARUN Should the Central Provident Fund Commissioner be sent to jail? He is culpable of multiple offences: one, contempt of the Supreme Court, two, administering mental torture to about 17 lakh pension applicants who have applied for higher pension,…

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