Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.
A glance back at some important events that occurred in 2018.
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
The Street had factored in the NDA win, owing to which the appreciation in the rupee is expected to be limited
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
Lower fuel subsidy payouts might restrict gross fiscal deficit in FY15.
She would be the first Indian to be occupying the coveted post at IMF after former RBI governor Raghuram Rajan
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
Deadline to submit convincing reform plans is this week.
If the country is to meet its jobs and income challenge, there has to be a parallel focus on jobs in the formal sector.
The central bank has been intervening in the foreign exchange market by buying dollars, and this is capping the rupee's gains.
Finance Minister Arun Jaitley said RBI and the government are in continuous dialogue and that relationship will continue.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
The assumption clearly was that project execution timelines would be adhered to and revenues would flow in as scheduled.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
The 30-share Sensex ended down 215 points at 27,011.
Corporate India at present is more indebted than all state govts put together.
'If development, investment, employment, implementation, credibility and commitment are ensured, security will automatically improve and subversive and militant elements will lose ground and be neutralised by the people themselves,' says B S Raghavan, the distinguished civil servant.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
India must have a "contingency plan" in place to ring-fence the country's economy if the political showdown in the US leads to a default on its international monetary obligations, industry body Assocham said.
The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
The Indian diaspora remain bullish despite single-digit equity market returns since May 2014, says Pavan Burugula.
Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
IT sector has lots of hope from the Union Budget 2014-15.
'If you ask India's finest business leaders, they now tell you -- in whispers, of course -- that the mood has never been so glum after 1991,' says Shekhar Gupta.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
This is a terrible situation for a growing economy to be in, and the central bank would be expected to act to correct the situation.
The Congress president alleged that the Bharatiya Janata Party deceived people and siphoned off hard-earned money of farmers, poor, small businessmen to fill the pockets of the country's 15-20 big industrialists.
Dr Mitra called the Pandara Road crowd a 'cheerful collective of young dreamers,' united in its 'love and pride for the newly Independent India,' despite 'sharp disparities in background, temperament and attitude.' Dr Shreekant Sambrani recalls his encounters with the legendary economist who passed into the ages.
The BJP is banking on development. The opposition is raking up caste identities and the dangers of hyper nationalism.
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