Rage of the Fast and Furious
Southern states are angry despite being beneficiaries, along with western states, of the country’s unequal industrial development. In their rush to gather new forms of industrial opulence, they continue to benefit from the cheap labour of central and eastern regions. Will the former share their riches for a more equitable growth of the union of states?
Abdul Haleem Sherif - February 02, 2024
Meltdown in the Power Corridors
After years of dominating the power trading market, the Indian Energy Exchange stares at loss of leadership position and relevance as the Central Electricity Regulatory Commission gears up to implement market coupling of power exchanges. Seen as the first step towards a centralised power distribution, this move could pose an existential threat to IEX
Ayaan Kartik - February 01, 2024
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
Our Start-Ups will Navigate through Global Challenges: Rajeev Chandrasekhar
As a minister of state holding the dual portfolio of the Ministry of Electronics and IT (MeitY) and the Ministry of Skill Development and Entrepreneurship, Rajeev Chandrasekhar holds a vantage point in viewing the rise of tech-enabled start-ups in India. In an interview with Outlook Business, he delves into the dynamic growth journey of India’s innovation ecosystem and the pivotal role that the Central government is playing in shaping its trajectory. Edited excerpts:
Abdul Haleem Sherif - October 31, 2023
Central Bank Of India, Est. 1911
Central Bank of India was established in 1911 as the first commercial bank to be wholly owned and managed by an Indian. The bank was founded by Sorabji Pochkhanawala, a Parsi banker from Mumbai who was influenced by the swadeshi movement.
July 30, 2023
The Spotlight on Nature
Natural capital underpins the wellbeing of humans and deserves a central place in our economic framework, author Siddarth Shrikanth argues. The current system has improved living standards but gone far in the direction of environmental destruction. Having made this point, The Case for Nature attempts to show ways of shifting to a ‘nature-positive’ economy
June 30, 2023
The 28% Curse for Online Gaming Players
The sunrise sector has often found itself caught in the crossfire of regressive legislative action, with certain states citing safety and legality concerns to either put companies on a tight leash or ban them completely. Will the Central government’s recent rules for online gaming bring transparency or crush it under excessive GST demand?
Vinita Bhatia - May 30, 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
RBI’s Unsure Walk With E-Rupee
The central bank’s discourse on CBDC is caught between its abhorrence for private digital currencies and FOMO on innovation in global financial order. Its cautious steps on e-rupee may conceptually sit well with a government that wants a digitised economy, but they put a question mark on the bank’s intent on the ground
Neeraj Thakur - December 31, 2022
Decentralising Influence
Today, brands need to engage with their audiences across platforms while staying true to their messages
Dheeraj Sinha - September 28, 2022