Ajay Shah

Stories by Ajay Shah

Are our hard earned money safe under the new banking bill?

Are our hard earned money safe under the new banking bill?

Rediff.com   18 Dec 2017

The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.

Rs 1.35 trillion bank bailout: 6 Qs for Jaitley

Rs 1.35 trillion bank bailout: 6 Qs for Jaitley

Rediff.com   6 Nov 2017

Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.

Modi, Jaitley must fix the economy jat pat!

Modi, Jaitley must fix the economy jat pat!

Rediff.com   25 Sep 2017

'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.

How India can emerge from the economic slump

How India can emerge from the economic slump

Rediff.com   14 Aug 2017

A way out of the economic slump is to revisit the template of 15 years ago and follow its constituents, recommends Ajay Shah.

Why Donald Trump's visa reforms are not all that bad

Why Donald Trump's visa reforms are not all that bad

Rediff.com   30 Mar 2017

To the extent that body shopping is replaced by true offshoring, everyone is better off, says Ajay Shah.

Mr Jaitley, when will you fix the economy?

Mr Jaitley, when will you fix the economy?

Rediff.com   17 Feb 2017

'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.

Time to worry about India's economic future

Time to worry about India's economic future

Rediff.com   18 Jan 2017

'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.

Why stable monetary conditions must be urgently restored

Why stable monetary conditions must be urgently restored

Rediff.com   21 Nov 2016

Ajay Shah

Why Indian banks have failed miserably

Why Indian banks have failed miserably

Rediff.com   30 May 2016

The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.

Why do we need to worry about e-commerce start-ups

Why do we need to worry about e-commerce start-ups

Rediff.com   2 May 2016

There is ample fuel in the computer revolution to do many useful things.

India's fiscal policy has to become more conservative

India's fiscal policy has to become more conservative

Rediff.com   9 Mar 2016

India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.

Budget: Nothing exceptional at all

Budget: Nothing exceptional at all

Rediff.com   1 Mar 2016

What is required from government is intellectual framework.

'India is trapped in the political economy of incumbents who block change'

'India is trapped in the political economy of incumbents who block change'

Rediff.com   22 Feb 2016

The non-oil, non-finance sector of the economy is under severe stress.

To keep India's growth story alive, Modi must prevent a 'zombie economy'

To keep India's growth story alive, Modi must prevent a 'zombie economy'

Rediff.com   28 Dec 2015

We are in this mess as the machinery of the government in a market economy is broken. We need technically sound banking regulation, so that capital is not misallocated, and the landscape does not get littered with zombie firms kept alive through evergreening, says Ajay Shah.

Understanding food prices

Understanding food prices

Rediff.com   24 May 2008

While price volatility is not inherently bad, commodity futures markets and hedge funds operating on these markets will help reduce price volatility. While price volatility is not inherently bad, commodity futures markets and hedge funds operating on these markets will help reduce price volatility.

Losing the plot on inflation

Losing the plot on inflation

Rediff.com   7 May 2008

The central bank should be made responsible for delivering on an inflation target.

How to solve the inflation crisis

How to solve the inflation crisis

Rediff.com   2 Apr 2008

The long-term answer lies in getting the central bank to focus on inflation.

A crisis or a mere recession?

A crisis or a mere recession?

Rediff.com   19 Mar 2008

The US economy is facing substantial difficulties. Housing prices have dropped. An increasing number of households are defaulting on home loans. Losses on home loan portfolios are affecting financial firms who hold derivatives on home loans. Some financial firms have gone bankrupt, and there is uncertainty about who else might be bankrupt. With finance in difficulties, the monetary transmission is malfunctioning.

Understanding the FII

Understanding the FII

Rediff.com   2 Jan 2008

There is method in the madness of the FII.

Rupee rise: Nifty cos make gains

Rupee rise: Nifty cos make gains

Rediff.com   11 Dec 2007

Nifty and Nifty Junior companies show gains (on average) when the rupee appreciates.