Though COVID-19 will wreak more damage to the finances of the Indian population, the insurance sector is unlikely to get hurt.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
There was the mistaken belief that there was no risk of a second wave anytime soon.
Maybe Modi could ask a patriarch of the stature of the late G D Birla to flesh out the details of a new company to manage government land privatisation.
RBI Governor Shaktikanta Das has assured Finance Minister Nirmala Sitharaman that the Rs 12.05-trillion gross borrowing programme for FY22 will go through smoothly.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
The government, it would seem, is reserving its firepower to spend on big-ticket items that will be announced in the Budget, reports Subhomoy Bhattacharjee.
The Covid pandemic has left a question mark on how the central government manages its staff.
India will have to show more willingness to import, and since Biden will not encourage sale of oil and gas to bridge the gap, it means there has to be more meaningful duty reduction in other areas even if Delhi baulks at a Free Trade Agreement so soon after walking out of RCEP.
When Finance Minister Nirmala Sitharaman tables her Budget on February 1, the numbers could be something to cheer.
Each of the larger states may need less than Rs 10,000 crore each to finance the exercise.
The modus operandi for immunising the country's 1.35 billion population in stages has been thrashed out in more than one meeting among top government officials in the health ministry and the Prime Minister's Office.
One of the arrangements the Indian government is considering is a tie-up with a sovereign fund to finance the Embraer deal.
For financial sector companies setting up shop in India, as of now the go-to regulators are obviously Sebi and the RBI with carve-outs for IRDAI or possibly PFRDA. But this could change soon with the International Financial Services Centres Authority, observes Subhomoy Bhattacharjee.
G C Murmu rarely speaks in public and when he does, his statements are always in lockstep with the thinking within this government.
'How do you apply indelible ink without coming into contact?' 'There have to be options for other activities like casting of vote where you press a button and that of the signature identifying oneself.' 'None of our procedures should lead to exposure to infections.'
Cities are setting the rules that now carry life and death implications for their residents, and most of these rules are sought to be set by the municipal authorities who have never wielded such power, reports Subhomoy Bhattacharjee.
Chances are any such disruption will not occur on the major shipping lanes but on some edge of the ocean between India and China. Even if there is no actual disruption, the costs of averting one can be punitive. The setting for this is provided by the energy shortage both countries face, says Subhomoy Bhattacharjee.
Ferrying migrant workers back to their states would be the largest special service by any railway network in the world in one go. Here's how the transporter manages it.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances