He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged. IMAGE: Former Prime Minister Dr......
'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.''Along with this, finance ministers became crucial in molding the......
Dr T V Somanathan is the first finance secretary to be appointed Cabinet secretary since 1985.His appointment at this juncture seems to carry much meaning for the forthcoming trajectory of reforms......
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......
'We are going to need more technical people in government.''You can't expect a generalist to understand the complicated world of financial engineering.''I regret to say that most of our politicians......
Outgoing Reserve Bank Governor Shaktikanta Das said on Tuesday that restoring inflation-growth balance is the most important task ahead of the central bank. Photograph: ANI Photo Addressing a......
India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government......
Chief Economic Advisor V Anantha Nageswaran on Thursday said economic activity in some sectors have picked up pace during October-November and a GDP growth of 6.5-7 per cent in the current fiscal......
The number of frauds in the banking sector increased over four times in the past five years to 36,075. Illustration: Dominic Xavier/Rediff.com The Indian Banking Association (IBA) has......
'It has also outlived its initial purpose of reducing physical gold imports.' Photograph: Kind courtesy Hamiltonleen/Pixabay With an increased emphasis on reducing government debt, the......