Even if US revises debt ceiling of $ 31.4 trillion, its risk ridden economy may precipitate a larger global crisis of larger magnitude K.A.Badarinath Looming debt crisis in United States with potential to default, showdown between Republicans that control the House and Democratic White House may not augur well for the global economy and developing … Continue reading Mid-course correction is what the good doctor prescribed!
Category: Business
Bhutan, Bharat, bhai bhai !
China’s intrusive prevarication may not turn New Delhi – Thimphu relations sour. Trying dirty tricks as in Nepal may not work to Beijing’s advantage Rohan Giri / New Delhi As of now China has emerged as minor distraction in India and Bhutanese relations that span over millennia, civilizational ties with strong bonds of friendship and … Continue reading Bhutan, Bharat, bhai bhai !
Ajay Banga, right man for the moment
Climate finance, funding private entrepreneurship, rebuilding war-torn Ukraine apart from democratizing World Bank should be priority K.A.Badarinath Ajaypal Singh Banga, nominee of US President Joe Biden to head the multi-lateral World Bank, has his task cut out. Banga may not turn out to be a traditional banker in the sense like many of his predecessors. … Continue reading Ajay Banga, right man for the moment
Make the best with change in mind-set
Cooperatives can deliver $ one trillion economic expansion; provide work opportunities to millions and fuel boom in grassroots firms K.A.Badarinath Fourth pillar of Indian economy is on the resurrection mode. From state-owned public undertakings, private and foreign companies, cooperative enterprises considered as fourth engine of economic growth are in for a big makeover. Taking cooperatives … Continue reading Make the best with change in mind-set
A responsible budget sans fiscal profligacy!
All inclusive growth strategy is the foundation to an independent developed economy and ready Bharat to play a larger global role K.A.Badarinath Bharat’s finance minister Nirmala Sitharaman presented a responsible budget on behalf of the BJP-led government on Wednesday. It is on expected lines. Conservative in content and spirit, but the budget for 2023 – … Continue reading A responsible budget sans fiscal profligacy!
Window of opportunity
Russia’s decision to ban oil exports to G-7, EU& Australia, China battling the Covid 19, India enters the big boys ring with an ace! K.A.Badarinath It’s advantage India. Russian President Vladimir Putin’s decision to ban his country’s oil exports to G-7, European Union and Australia beginning February 1 for five months will open new window … Continue reading Window of opportunity
Ten point plan to engage with Afghanistan
Taliban may have to sever its links with all terror outfits if development and economic activity has to return. India can play its positive part K.A.Badarinath Afghanistan is in the vortex of terror. If Afghanistan former intelligence chief Rahmatullah Nabil was to be believed the country is housing most terror groups including Jaish e Mohammad … Continue reading Ten point plan to engage with Afghanistan
FTAs, free for all?
Free trade agreements with Japan and South Korea have not worked in India’s favour. Will the deals with Australia and UAE deliver? K.A.Badarinath After Canberra ratified the India Australia Economic Cooperation and Trade Agreement (IndAus ECTA) on Tuesday there was huge sense of achievement that overtook the establishment and media outlets. While fine print was … Continue reading FTAs, free for all?
Sovereign Green Bonds for India’s Green Goals
Background In the budget speech of 2022, India’s Finance Minister, Nirmala Sitharaman had announced issuance of sovereign green bonds (SGBs) to achieve the country's objective of carbon neutrality by 2070[1]. In October this year, the Finance Ministry approved the SGB framework which is designed to gather funds for supporting state-run projects which will reduce carbon … Continue reading Sovereign Green Bonds for India’s Green Goals
New India’s Rupee Goes Global & Dematerialized!
Oil and gas deals, gold imports, small & medium ticket trade payments must be settled in rupees. Russia jumping on to the rupee bandwagon is a big breakthrough even as India readies to overtake Germany as third largest economy. K.A.Badarinath Two significant developments this week have made the trajectory on Indian rupee very clear. … Continue reading New India’s Rupee Goes Global & Dematerialized!










