While the nation adjusts to the new normal arising out of the historic demonetization and debates its merit/demerit, it also has another important fall-out. The move can lead to huge bonanza for government in the form of sharp increase in the transfer from RBI. This would be equivalent to the amount of Rs 500 and Rs 1,000 notes that does not come up for replacement. Let’s see how..
Gross Domestic Product (GDP) of the economy recorded growth of 7.3% for quarter ended Sept’16 (Q2’17) as per the data released by MOSPI today. While the figure is slightly better than Q1, the numbers do not appear to inspire confidence for a variety of reasons. The highlight for the quarter is growth of 3.3% in … Continue reading Indian Economy – Sept'16 Performance..
Gross Domestic Product (GDP) of the economy recorded growth of 7.3% for quarter ended Sept’16 (Q2’17) as per the data released by MOSPI today. While the figure is slightly better than Q1, the numbers do not appear to inspire confidence for a variety of reasons. The highlight for the quarter is growth of 3.3% in … Continue reading Indian Economy – Sept’16 Performance..
Demonetisation has brought much greater sense of urgency to the task of transitioning to cashless economy. Even though institutional transactions have moved to electronic mode, consumer spending remains largely cash based. While this task looks daunting especially for payments related to items of daily needs such as milk, vegetables etc, there are number of other consumption related … Continue reading Demonetisation Impact – Towards Less-Cash Economy..
After reaching a level of 83% of GDP in FY04, Government debt (Central and States combined) has declined by 17 percentage point. While the decline is much desirable, it still leaves open the question whether government borrowing is essential for the economy and more importantly, how much is too much. A look at the discussion.. It … Continue reading Indian Government Debt – Where Is It going..??
After a dip in FY16, capital inflow has improved substantially during the first half of FY17, as per data released by RBI recently. Inflows so far stand at over $ 25 billion, almost three times the total inflow during FY16. More importantly, two-thirds of it is in the form of more stable, foreign direct investment. … Continue reading Foreign Capital Inflows – India's Performance..
Demonetization continues to dominate the national agenda with the hardships being faced by the people and also the benefits arising out it. One of the benefits is its impact on India’s tax/GDP, a ratio which has huge significance from the perspective of building longer term capabilities and a considerable multiplier effect. While the ratio may rise in near … Continue reading Demonetisation – Will It Improve Tax/GDP Ratio..??
Vodafone India is to Vodafone plc what Tata Steel Europe is to Tata Steel..! Vodafone plc’s recent decision to write-off € 6.4 billion (nearly Rs 46,000 crore) with respect to vodafone India’s operation confirms this. This is the second write-off by Vodafone plc related to India, the first being in 2010 for € 2.3 bn and … Continue reading Vodafone – Another case of costly acquisition and write-off…
The dispute arising out of removal of Cyrus Mistry as Chairman of Tata Sons has got more muddied with a hostile stand taken by Mistry. This has led to measures being taken by Tata Sons for his removal which are quite unprecedented, in the Indian Corporate history and of course, the history of Tata Group. … Continue reading Tata Sons & Group Companies – Understanding the Board Structure..
The demonetisation and Mistry’s exit from Tata have taken the sheen out of all other recent news, one of which is the slapping of fine of nearly Rs 10,000 crore by the government on RIL and its partners. The fine relates to migration of gas from ONGC fields to RIL fields in K-G basin leading to … Continue reading Understanding RIL-ONGC Gas Migration Dispute.