Yet, a company owned by GoI and the government of Delhi, the Delhi Metro Rail Corporation (DMRC), is crushing EODB under the wheels of its growing fleet of world-class trains, in the most spectacular fashion possible
If god has a competitor, even in a limited capacity, it is the Government of India. GoI combines in itself the trinity of creator, preserver and destroyer when it comes to ease of doing business (EODB).
And the story goes on like this. This bank, named Silicon Valley Bank (SVB), lent money to the tech industries and start-ups, primarily in the tech domain. On 10th March 2023, the news broke that this bank collapsed and did not have enough funds to pay back to its depositors. SVB was the biggest US lender to fail since the 2008 global financial crisis.
T K Arun Now that the US Federal Deposit Insurance Corporation, Treasury and the Fed have all come together to salvage US banking once again, taking over two failing banks and making all depositors whole, and not just those small…
Tikender Singh Panwar The state of Himachal Pradesh got full statehood in 1971; it followed a development path that was “left of center” until the 1990s. After the introduction of neo-liberal reforms and the signing of the FRBM (Fiscal Responsibility…
Why did the valuations of the Adani Group firms become astronomically high? Were the firms’ share prices destined to decline by 85% after Hindenburg’s report? After the drop, have they attained their correct valuation? Arun Kumar Adani stocks rose sharply…
Tanking stock markets may not be the best background in which to discuss curbing portfolio inflows into India. But to insulate Indian policymaking from the fickle twists and turns of the US Fed and regain monetary autonomy, India must impose capital controls on short-term portfolio flows.
INDIA’S per capita income, representing the average income of an Indian citizen, has risen from INR 79,000 in 2013–14 to INR 1,71,000 in 2022–23 — an increase of 116 percent. Therefore, some claim that incomes have more than doubled in India since the present ruling dispensation took office. The catch is that: a) this includes the price increase during the period and hence does not represent the real increase in incomes, and b) the data for 2022–23 and two earlier years is provisional and subject to revision.