TREND: Tax data shows COVID’s lopsided impact on income, consumption

Thursday, Dec 17, 2020 By Adrija Chatterjee NEW DELHI — Lockdowns to contain COVID-19 have hit economic well-being across the board, but a subtle change in the government’s tax pie suggests the pandemic may have had a disproportionate effect on income and consumption. The pandemic did wreak havoc on total revenues of the government, but more so on direct tax […]

Big Bank Theory: Must go past the headlines on proposed bank norms

Thursday, Dec 17, 2020 The proposal to allow industrial houses into banking hijacked the recommendations of the RBI’s internal working group on bank licences. Controversies ensued. Some of the less headline-grabbing proposals truly have the capacity to change the banking sector as we know it.  By T. Bijoy Idicheriah “The more you think you see, the less you’ll […]

TREND: Rising manufacturing inflation price of rapid econ rebound

Thursday, Dec 17, 2020 By Pragya Srivastava and Rituparna Ghosh NEW DELHI – The quick rebound in economic activity has been a silver lining to the dark cloud that has been 2020. However, the rapid recovery has come at a cost. Price pressures are seemingly rising for manufactured products, with metals and certain soft commodities seeing a sharp rise […]

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