arun jaitley

Timeline: How Chanda Kochhar ruined her 34-year career with missteps in the last few

Timeline: How Chanda Kochhar ruined her 34-year career with missteps in the last few

An ignominious end to Chanda Kochhar’s illustrious career would have been unimaginable just a few months ago. But that’s how it turned out ultimately. An…
Chanda Kochhar alone isn’t responsible for the ICICI Bank mess

Chanda Kochhar alone isn’t responsible for the ICICI Bank mess

A high-level independent probe has established that Chanda Kochhar, former chief of ICICI Bank, was guilty of violating the code of conduct at India’s second-biggest…
Charted: What Indians want from Modi’s 2019 budget

Charted: What Indians want from Modi’s 2019 budget

This week, prime minister Narendra Modi’s government will present its last budget before the country’s national elections, and it is under pressure to address Indians’…
Here’s what Modi’s 2019 budget can—but won’t—do about India’s jobs crisis

Here’s what Modi’s 2019 budget can—but won’t—do about India’s jobs crisis

It seems obvious to everyone that India is in the throes of an unemployment crisis. The lack of jobs is especially debilitating for the country’s…
What the Modi government’s last budget can do to help ordinary Indians

What the Modi government’s last budget can do to help ordinary Indians

Budget 2019, slated for Feb. 01, will be the last by prime minister Narendra Modi’s government, as India’s general elections are likely to be held…
In 2019, India’s demand for crude oil will grow faster than China’s

In 2019, India’s demand for crude oil will grow faster than China’s

India’s insatiable appetite for crude oil can cost its economy dearly. This year, the country is poised to overtake China as the world’s second-largest oil…
The good, the bad, and the ugly of Narendra Modi’s economic legacy

The good, the bad, and the ugly of Narendra Modi’s economic legacy

Narendra Modi, the prime minister, was a product of the mass exasperation against the misdeeds of the previous government. The regular revelation of corruption scandals,…
India’s so poorly insured that the family of the deceased gets less than 10% of what it needs

India’s so poorly insured that the family of the deceased gets less than 10% of what it needs

The 200-year legacy of India’s insurance industry is a paradox, given its dismally low penetration levels in the country. Indians remain woefully unprotected from life’s…
Emails from a World Bank official reveal why India shouldn’t brag about $11 billion Aadhaar savings

Emails from a World Bank official reveal why India shouldn’t brag about $11 billion Aadhaar savings

Government officials in India have often boasted that Aadhaar, the controversial national biometric identity programme, has saved the country billions of dollars by eliminating fraudulent…
India’s Rs2,000 notes were always meant to be phased out

India’s Rs2,000 notes were always meant to be phased out

India’s crisp, pink Rs2,000 notes are a grim reminder of the massive demonetisation exercise prime minister Narendra Modi’s government undertook in November 2016. The overnight…
Narendra Modi’s Indian economy is limping towards the next general elections

Narendra Modi’s Indian economy is limping towards the next general elections

If Narendra Modi was looking for a quick economic turnaround before the general elections later this year, he’d be disappointed. Investments into new projects in…
A global financial body, which includes India, says cryptocurrencies aren’t a threat

A global financial body, which includes India, says cryptocurrencies aren’t a threat

Finally there’s some good news for the Indian cryptocurrency ecosystem—and this one’s from a global financial body. An inter-governmental body that makes recommendations about the…
India’s central bank throws a lifeline at debt-hit small businesses

India’s central bank throws a lifeline at debt-hit small businesses

India’s central bank has doled out a new year’s gift to the country’s small enterprises reeling from the double whammy of demonetisation and the goods…
Ten events that rocked India’s banking industry in 2018

Ten events that rocked India’s banking industry in 2018

When the over 150-year-old US investment bank Lehman Brothers went bust in September 2008, it sparked a global financial crisis and a gradual erosion of…
Battered and bruised Indian cryptotraders have all their hopes pinned to 2019 now

Battered and bruised Indian cryptotraders have all their hopes pinned to 2019 now

Even as authorities tightened the noose and prices plummeted, “how to invest in bitcoin” remained one of the most searched terms on Google India in…
Why farm-loan waivers are a waste of time and money

Why farm-loan waivers are a waste of time and money

The months leading up to a general election in India are almost always marked by competitive populism. As the country prepares to elect a new…
India throws another lifeline at its struggling government banks

India throws another lifeline at its struggling government banks

India wants to expedite the process of pulling its ailing state-owned banks out of the woods. The government will soon seek parliament’s nod to sanction…
S&P warns of disastrous consequences if Indian central bank loses its autonomy

S&P warns of disastrous consequences if Indian central bank loses its autonomy

Global credit-rating agencies are sounding caution against the perceived threat to the Indian central bank’s autonomy. S&P Global Ratings yesterday (Dec. 17) warned that the…
After world-renowned economists, India’s handing its central bank to a history major

After world-renowned economists, India’s handing its central bank to a history major

In recent times, on issues ranging from bad loans to interest rates, India’s central bank and its government have not met eyes. But Shaktikanta Das,…
Modi’s lieutenant during demonetisation is now India’s central banker

Modi’s lieutenant during demonetisation is now India’s central banker

A day after Urjit Patel abruptly resigned as governor of the Reserve Bank of India (RBI), the Narendra Modi government has found a replacement. Shaktikanta…