Signicant expansion of fiscal deficit combined with capital controls is warranted. But alas that will not happen, hence be prepared for a lengthy period of stagnation
What Steps to Adopt to Resolve Issues Between RBI & Govt of India
Most Popular
Ever-Vigilant CRISIL, India Rating Downgrade Firm – After Default
The raison d’etre of credit rating agencies (CRAs) is to anticipate events such as defaults before they occur. With access to companies’ privileged information,...
Farcical Saga of Axis Bank’s Chief Audit Executives
On February 3, Axis Bank got a new Chief Audit Executive (CAE); on February 12, it changed its CAE once again; in six months,...
Why Exactly Did We Privatise the Life Insurance Sector?
Does anyone remember why India opened up the insurance sector to private, including foreign, investment at the start of this century?
A quarter of a...
India Budget 2025
https://www.youtube.com/watch?v=5uCKFV_uH04
Indian economy faces twin problems of poor demand and high food inflation. The Budget needs to increase total expenditure/GDP and fiscal deficit to provide...
Podcast with The Core on Bank Credit Growth at a Dead End
Podcast with The Core on Expected Slowdown in Bank Credit from 10:39
___________________________________________________
DISCLOSURE
I, Hemindra Kishen Hazari, am a Securities and Exchange Board of India (SEBI)...
