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'Great risk to nations from undermining independence of central bank'

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral V Acharya.......

Tracing GST's evolution as an idea

Reform ideas do not occur overnight and evolve over the years, says M Govinda Rao. Now that the goods and services tax (GST) Constitution amendment Bill has been passed by the Rajya Sabha,......

How to bring fiscal discipline

Legislation on fiscal discipline will not help unless government is ready to bite the bullet, says M Govinda Rao. Given that the council will be appointed by the Finance Ministry and will report to......

Flip-flop over GST continues

The first proposal was for a common tax base with states levying service tax, which was then dropped only to be revived now, says Sukumar Mukhopadhyay. The concept of Goods and Services Tax (GST)......

Liberalisation poses new challenges: Pranab

Union Finance Minister Pranab Mukherjee on Tuesday said that while a growing integration of the Indian economy with the rest of the world has created new opportunities, it has also brought new......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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