Indian banking sector is at a crossroad. And as crossroads are always fraught with the risk of a misjudgement of the oncoming traffic, it needs to be careful.Lets walk a year back and revisit the start of pandemic closure in March 2020. As the country went for a total lockdown on the fourth we...
Budget 2022 was presented by the Union Finance Minister Nirmala Sitharaman on the first day of February. It came not only at a difficult time but also with a trepidation about the likely effect of the policy changes that it might be impregnated with. The budget was placed in the backdrop of a ...
Status of the Economy Report, recently published by the Reserve Bank of India, on January 21, 2021, has brought in a refreshing waft of breeze in the otherwise gloomy environment that had engulfed the economy during the better part of 2020. Covid-19 turned out to be a worldwide pandemic affect...
Benjamin Franklin had said, “Rather go to bed without dinner than to rise in debt...” For someone who had never defaulted before March 2020 on loan repay instalments, this adage couldn’t be more pertinent, being harried in the pandemic times. Covid-19 has taken a toll on lives and liveli...
The pandemic did not miss the hallowed precinct of the Indian judiciary. It brought normal activities across most courts to a complete halt. The apex court of the country, however, continued taking up important matters and Gajendra Sharma’s plea was no exception. Gajendra Sharma, ...
The Covid-19 was declared a pandemic by the World Health Organisation on March 11, 2020. This prompted governments worldwide to restrict movement of people, which brought manufacturing, supply chains, trade, distribution channels and general mobility to a halt, negatively impacting economic activiti...
One can’t imagine running a modern-day office without internet connectivity. Data, which is considered the fuel of the digital economy, needs capturing, processing and transmission for which the fastest media is internet supported services. In today’s workplace, where digital devices and platfor...
In this digital age, business processes are witnessing makeovers every other day. The efficacy of the age old brick and mortar concepts are being challenged by fast moving technologies which are lighter on time and cost. Globally, the banking space including the shadow banking segment, has also been...
In an election year, the central budget gets bifurcated into two parts - a vote-on-account and the full budget. While the goodies are generally packed into the first basket having an eye on the forthcoming ballot game, the latter gets the not-so-sweet or bitter pills. The Central Budget of fis...
The American statesman, Thomas Jefferson, and investment guru, Warren Buffet, who had between them more than a sesquicentennial era, were almost on the same page as far as a “debt” was concerned. While the former held “never spend money before you have it”, “spend what is left after saving...