We need double-digit growth, year after year! It’s an ambitious call, but why not? India has the potential, the resources, and the momentum. The post-pandemic rebound was strong, but now, as consumption starts tempering, the country needs a fresh dose of economic adrenaline. The Budget 2025’s ta...
Why wait for 2047 to become a Viksit Bharat when we can achieve it a decade earlier? Why settle for a steady, sleepy, unremarkable 7-8% growth rate when we have the potential to turbocharge it to a thriving 10%+? A recalibration of our tax system is the key to unleash the animal spirits of the econo...
The Union Budget for 2025-26 presented by Finance Minister Nirmala Sitharaman has been a strategic masterstroke aimed at revitalizing India’s economy. The first step in this direction is the exemption of income tax for individuals earning up to ₹12 lakh annually, which is a bold and much-needed ...
India’s Insolvency and Bankruptcy Code (IBC) has been a remarkable reform, bringing much-needed structure to resolving distressed assets. It has successfully transformed how businesses, creditors, and investors approach insolvency, marking a significant step forward in India’s economic evolution...
Every financial year (FY) brings a set of challenges for an economy, regardless of its current performance. Even when an economy is doing well, it must maintain momentum or strive for further improvement. In the case of India, FY 26 presents several structural challenges to sustaining GDP growth.In ...
World Consumer Rights Day, observed annually on March 15, is a global event. In 1985, the United Nations adopted the UN Guidelines for Consumer Protection, reinforcing global efforts to prioritize consumer welfare. India followed suit with the Consumer Protection Act in 1986. This legislation enshri...
The Indian stock market has been experiencing significant turmoil over the past five months, with share prices plummeting, market indices dropping sharply, and investors facing colossal losses. An estimated Rs.94 lakh crore has been wiped out from the market during this period. Both the Se...
Operating in a business-friendly environment, India's private sector is posting record profits. Yet, it remains hesitant to invest in expanding its capacity. This presents a paradox and raises fundamental questions about the structural and cyclical factors influencing corporate investment decis...
On February 19, 2025, the Reserve Bank of India (RBI) released its monthly bulletin, providing insights into the state of the economy. The RBI stated, “The Indian economy is regaining its growth momentum, driven by a recovery in consumption demand and overall investment.” According to the econom...
Banks use various benchmark rates to determine loan pricing. Initially, they had complete discretion over interest rates, leading to the adoption of the Prime Lending Rate (PLR). This internally determined rate was applied to the bank’s most creditworthy customers, with additional risk premiums ch...
