The Indian companies are trapped between the Scylla of worsening economic condition world over – e.g., rising nationalism and its corollary protectionism, slowing world economy amidst the huge government, corporate and household debt overhang, increasing trend of automation amidst socialist economic policies etc., – and the Charybdis of increasing government interference, in the form of […]
Category Archives: Commentary
08
May
May
A recent Presidential Ordinance legally empowered the Reserve Bank of India (RBI) to enforce expeditious resolution of non-performing assets (NPAs), aka bad loans, of Indian banks. The problem of Nonperforming Assets (NPAs) of banks has become very grave over a period of time. According to estimates Indian banks, mostly public sector banks like the SBI, […]
07
May
May
The Finance Minister of India, Mr. Arun Jaitley, who is attending ‘Asia’s Economic Outlook: Talking Trade’ in Japan right now, recently said that, Protectionism can blunt US firms’ efficiency … US firms may become sluggish if cheaper products and efficient services are cut off to them due to protectionist policies … India has so far […]