The prospects of entering into a low inflation, low interest rate economic scenario will have implications for all of us.
Even as there is near universal access to bank accounts in India, we must appreciate the fact that e-RUPI does not require a smartphone
The logical question then is why is there an insurance of deposits up to Rs 5 lakhs if all the savings are safe?
So far, there is some evidence of a change in consumption pattern based on high-frequency consumption indicators for consumers in advanced economies
As WFH gets normalised in the future, people are looking to move into a bigger home with adequate space for a home office
The induction of talent, expertise and representation all auger well for achieving the governance targets
We must realise that the conventional mechanism to provide support by offering high small saving rates is problematic for numerous reasons
Though higher reserves help in cushioning domestic economy from external shocks, we must be mindful of the opportunity costs associated with them
We must embrace the new macro and use these tools in a prudent manner to accelerate the pace of growth and help restore our macroeconomic fundamentals
There has been an honest attempt at undertaking tax reforms in the country, with the GST for indirect taxes while corporate tax cut as a subset of the overall direct tax reforms