Premium Illustration: Binay Sinha Everyone is celebrating the India growth story. With the real gross domestic product (GDP) growth number now crossing 8 per cent, it stands out. Most investors now buy into the notion that in the coming decade India will deliver real GDP growth of between 6.5 and 8 per cent for… Continue reading Where is the debt? | Expert Views
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Tale of two crossovers | Expert Views
On February 9, when Santrupt Misra announced he was formally joining the Biju Janata Dal (BJD) as its national spokesperson, there was intense speculation that the Aditya Birla group veteran may be nominated to the Rajya Sabha. That eventually proved to be untrue. But now, there is a distinct possibility that the party may… Continue reading Tale of two crossovers | Expert Views
An uncommon man behind bars: Fallout of Arvind Kejriwal’s arrest | Expert Views
Ironically, had the Aam Adami Party (AAP) chosen to receive the alleged ‘bribes’ in the Delhi excise policy in electoral bonds, its leader and Delhi Chief Minister, Arvind Kejriwal, would not have been in jail today. The party was eligible to receive electoral bonds in November 2021, having received more than one per… Continue reading An uncommon man behind bars: Fallout of Arvind Kejriwal’s arrest | Expert Views
New electric vehicle scheme links lower import duty with FDI | Expert Views
The government has notified the scheme to promote manufacturing of electrically operated passenger vehicles (EVs) in India and issued two notifications 19/2024-Customs and 20/2024-Customs both dated March 15, 2024, exempting the social welfare surcharge and reducing the basic customs duty (BCD) to 15 per cent on imports of EVs falling under the heading 8703… Continue reading New electric vehicle scheme links lower import duty with FDI | Expert Views
Porter, Schiff, Lee and Garvey’s views on housing, homelessness
(Jose Luis Magana / Associated Press) The Burbank representative has backed legislation that has expanded federal funding for housing. He, along with Lee and Porter, voted for the American Rescue Plan along with the earlier COVID-19 stimulus package that included billions of dollars in rental subsidies for people on the verge of eviction. He also… Continue reading Porter, Schiff, Lee and Garvey’s views on housing, homelessness
The RBI way of firefighting | Expert Views
Are the shadows lengthening on India’s shadow banking industry? The hard fact is that the regulator has changed the way it approached supervision in the past. Having seen two large houses gutted, it is focusing on regular drills to prevent a fire from breaking out Ahead of Holi, the festival of… Continue reading The RBI way of firefighting | Expert Views
Trai seeks views on spectrum allocation for aircraft-to-ground data comm
Telecom regulator Trai on Friday issued a supplementary consultation paper to seek stakeholders’ views on provision of licence and spectrum allocation methods for data communication between aircraft and ground stations. The Telecom Regulatory Authority of India (Trai) has floated a consultation paper on “Data Communication Services between Aircraft and Ground Stations for services… Continue reading Trai seeks views on spectrum allocation for aircraft-to-ground data comm