What Led to Urjit Patel’s Resignation? An Insider Explains
There have been resignations in the Reserve Bank of India (RBI), but governor Urjit Patel’s in 2018 over policy differences was a rare event in the history of the central bank, writes former finance secretary Subhash Chandra Garg in his book. He details the frustration of the government with the RBI under Patel and the circumstances that eventually culminated into the latter posting his resignation on the RBI website
October 31, 2023
Merrill Pereyra
Merrill Pereyra, Managing Director, Pizza Hut Indian Subcontinent
October 31, 2023
Fintech Ambitions
The fintech market in India is among the fastest growing ones in the world. The second most funded start-up sector in the country in 2022, fintech’s market size is estimated to reach approximately $150 billion by 2025, up from $50 billion in 2021, according to investment promotion agency Invest India. Its major sub-sectors are digital lending, payments, insurtech and wealthtech.
October 31, 2023
Teeing Off: The Subtle Draw of Golf Course Beyond the Game
Golfing destinations are not just for professional golfers. Their exquisite and serene locations provide a perfect opportunity for family holidays as well as corporate gatherings. While there are several popular international destinations that offer golf holidays, India is fast catching up
Chandreyi Bandyopadhyay - September 30, 2023
The Imbalances In India’s Growth Story
There is a serious lack of understanding regarding the connections between the real economy and the financial economy, says author Nikhil Gupta. This interconnectedness is what makes the economy a complex subject to understand. In his book, The Eight Per Cent Solution, Gupta harps on the need to make fundamental structural changes if the country wants to attain 8% economic growth rate
August 28, 2023
The Constant Learner
Raghavendra Vaidya, MD and CEO of Daimler Truck Innovation Center India, is a man of varied and deep interests. From riding bikes to automating things at home, from making furniture to constantly studying new subjects and listening to old Hindi songs, he pursues all of them with passion
Chitra Nair - August 28, 2023
Kinship & Business: The Saga of Indian Family Businesses
The family that stays together grows together. After featuring the success of 17 centennial companies of India in the previous issue as part of the 17th anniversary celebration of Outlook Business, we now follow the growth trail of five family-run business groups in the country, each founded by visionary individuals and nurtured by subsequent generations into successful conglomerates. They have weathered many a storm in their several-decades-long journeys and managed to stick together, each finding its own strategy for growth.
August 28, 2023
Guarantee Void in MGNREGA: The Crisis In Universal Rural Job Scheme
From being the lifeline of the country’s rural economy whenever it went into distress and subject of political claims and blame, the MGNREGA scheme is facing unusual times, leaving workers and activists worried
Rajat Mishra - April 29, 2023
E/quitable, S/ymbiotic, G/reen Capitalism
From being a craze, ESG is now the subject of eye-rolling cynicism in many quarters
Suchetana Ray - March 28, 2023
Incomplete Capitalism Holds India Back: K.V. Subramanian
K.V. Subramanian, India’s executive director at the International Monetary Fund and former chief economic adviser to the Central government, minces no words while pointing to flaws in the economic policy of pre-Narendra Modi era. However, he is optimistic about India’s growth potential amid the global slowdown and attributes the country’s stability in face of the challenges brought about by Covid-19 to its refusal to imitate others economies. In an interview with Kamalika Ghosh, he recounts the hits and misses of incumbent and earlier governments during India’s economic journey since independence
Kamalika Ghosh - January 30, 2023