India’s most disruptive and transformative tax reform since independence, which promises to make Bharat, a ‘one tax, one market, one nation’, has finally seen the…

As the banks initiate liquidation proceedings against their biggest defaulters, under the RBI diktat, to recover their lost dues, all the skeletons, so dubiously/dextrously hidden…

India’s formidable IT sector, which with a turnover of $150 bn, contributes to 7.7% of India’s GDP and is its biggest job provider, is in…

Image Source : http://fwdbusiness.com Air India, the national airline, which is saddled with an unsustainable debt of over Rs.52000 crores and continues to pile up additional…

The primary reason why we hire lockers with banks is because they are SAFE DEPOSIT lockers. We fear the safety of our valuables at our…

A few key economic parameters are moving in tandem, recording all time highs, reflecting the compulsive attraction that India commands in the global investor fraternity…

India has a very liberalised regime for attracting foreign investments (FDI). A whole lot of sectors including the hitherto sacred cow of retail trade, now…

image source : http://www.thearmchairtrader.com In a much expected move, Moody’s the global rating agency, downgraded China’s sovereign credit rating by one notch from Aa3 to…

With an open economy, a vibrant democracy, a huge domestic market and ‘business’ in its genes, India has the third largest start up enterprises in…

The demonetisation drive was a shot in the arm of the Income Tax Department. In the wake of its sudden announcement, lakhs of entities and…

While India grapples with an unprecedent and gigantic NPA crisis, bankers have become the poster boys of all that went wrong, just as Vijay Mallya…

As per the modified economic indices, issued by the Government, factory output in India has been surging at a fast pace. It has grown at…

A decade ago, when global corporate takeovers were touching record highs, the Indians too, joined the fray, with big ticket acquisitions. In mega billion dollar…

The INX Media-Kanti Chidambaram (KC) case is an incriminating one, as is evident from the emanating facts. It all began in 2007, when P Chidambaram…

India’s untamed bank NPA crisis, is akin to the 2008 meltdown of the American banking system, when its biggest banks crashed under the deadweight of…

In an utterly shameful, though not shocking incident, a senior income tax commissioner (CIT), was caught red handed by the CBI, accepting part payment of…

India has a stringent and widespread foreign exchange (FX) regime, regulated by the RBI and overseen by the feared Enforcement Directorate. At the very entry/exit…

It is an undisputed fact that the real estate business is the most corruption infested activity in India. Huge bribes are transacted between the dubious…

Under India’s foreign exchange laws, foreigners are not allowed to purchase immovable property in India and yet, they manage to do so. There are many…

A detailed white paper on the distribution of government investment and subsidies to various states is needed, to confirm a bitter truth. The government doles…

The Congress led governments privatised a large number of private banks in 1969 and then in 1980 again, in pursuit of its blighted socialist agenda…

The world is going gaga over India’s growth and the dollars are pouring in by the billions. Everyone seems to want to be part of…

Even though agriculture constitutes about 20% of India’s GDP of USD 2.2 trillion, the agricultural income is not subjected to tax in India. Under the…

The millions of Indians working abroad, continue to send billions of dollars to India. According to a World Bank report, India continues to be the…

To state the obvious, the loss to the nation, on account of bank NPAs, has been colossal. It has not only eroded the capital base…