Due to its expansive role, the Reserve Bank of India (RBI) is a site of many conflicts.
Today, independent regulators govern large sectors of the Indian economy, from financial markets and airports to telecom and electricity utility companies.
This week marks the seventy-fifth anniversary of the United Nations Monetary Conference held at Bretton Woods, New Hampshire.
On July 5, Finance Minister Nirmala Sitharaman presented the union budget for the year 2019-20. In order to go beyond individual pointers and discern the larger policy implications, it is necessary to take a broader view of the budget and see how it will place the Indian economy in the months and years to come.
A great deal is expected from the first budget of any government. The expectations are even greater from a government that has come back to power with an improved tally.
The Indian budget is such a big deal because it combines the exercise of many powers. Among them, the power to run deficits is special.
An important task for the Narendra Modi government in its second term will be to improve the ease of doing business on two counts—contract enforcement and property registration.
Nirmala Sitharaman’s real success should be defined in terms of her long-term impact on the economy, and not just in putting out the fires burning presently.
Carnegie India, in partnership with the Vedica Scholars Programme for Women, hosted the second talk of the Anahita Speaker Series on “The Entrepreneurship Ecosystem in India.”
The rapid expansion of Indian cities has exacerbated socio-economic inequality, hindered social cohesion, and accelerated climate change.