RBI`s role needs to change: Draft Indian Financial Code prises open the black box of monetary policy making

Financial sector regulation in India has developed in an ad hoc manner in response to evolving requirements. Consequently, it suffers from substantial prudential weaknesses and regulatory arbitrage that makes for heightened risks for both investors and financial consumers. By putting together a modern law for governing the complex financial sector, the draft Indian Financial Code…

Will Modi lead India to new heights?

There are some uncanny similarities between Narendra Modi and Barack Obama. Both have risen from humble beginnings, both are charismatic public speakers and consummate communicators on social media, both were relative outsiders to the capitals where they now hold the most powerful office, and neither is dependent on their political party for their electoral success.…

Will India miss the E-Comm bus?

New Delhi: After a year of maybe maybe-not sound bites, the Government seems ready to bite the E-commerce bullet in right earnest. The Commerce and Industry Minister, Ms. Nirmala Sitharaman has held a meeting with various stakeholders from the industry to listen to different viewpoints on issues related to FDI in B2C e-commerce. The Hon’ble…