The Indian banking system is mired in distressed loans, currently pegged at over $150 billion. According to the RBI, gross non-performing advances (NPAs) of state-run banks - which provide a majority of all lending - stood at 9.6% in March... Read More.
Newspaper headlines always play up the trend of rising real estate prices. Rapid rises are deemed as positive news, while declines are negative. Rising prices ostensibly signal robust demand, which in turn should trigger supply responses that drive growth and employment.... Read More.
India ranks only behind China and the United States as the third-largest emitter of carbon dioxide. With its ambitious goal to electrify all vehicles by 2030, and to create 175 GW of renewable energy capacity by 2022 (up from 57... Read More.
The much awaited goods and services tax (GST) will be implemented from the 1st of July, ushering in the most prominent tax reform since independent India. Amidst all the chaos of transition, the government has managed to stick to its... Read More.
The recent ban on the sale and purchase of cattle from animal markets for slaughter by the union government might resonate with many Indians. However, it will have a considerable impact on India’s economy and the livelihoods of millions of... Read More.
An economist from Stanford University, Tony Seba, is causing much anxiety in the energy and automobile sectors. He predicts that people in the US will stop owning vehicles. According to his report, “By 2030, within 10 years of regulatory approval... Read More.
A quick glance at the headlines in the last month spells doom for the IT sector. Time and again, the media sways from one extreme to another – first euphoria, and then pangs of sorrow. However, it does seem like... Read More.
News headlines suggest that logistics and transportation companies will derive enormous benefits from the implementation of GST in India. Some random headlines: “Logistics firms will be GST’s biggest beneficiaries” “GST Boost for Logistics” “GST will help logistics firms cut... Read More.
Latest reports suggest that the GST (goods and services tax) roll out for July 1 is on schedule. While the Indian government is busy ironing out the implementation challenges, lately a lot has been said about the possible impact of... Read More.
Until recently, ‘real estate’ was a dirty word in India, ridden with corruption, unaccounted cash, delays in construction deadlines, and an over-dependence of developers on friends and other informal sources of finance to fund their projects…the list goes on. Today,... Read More.
