Opinion: This Debt-Hit Group Is Behind India's Own Mini-Lehman Moment
Andy Mukherjee | Bloomberg | Thursday September 13, 2018Repugnant as the idea may be to taxpayers, socializing losses is often the only way to avoid panic from spreading.
Opinion: The Rupee Is Falling And India Should Let It
Ila Patnaik, Bloomberg | Monday September 10, 2018A weaker rupee would also offset competition of cheap imports from countries like China, which could give domestic industries a much-needed boost.
Opinion: Amazon's Real Rival In India Isn't Walmart, It's Mukesh Ambani
Andy Mukherjee, Bloomberg Opinion | Thursday August 16, 2018India is pegged to be a $1 trillion digital economy by 2025, and Bezos, Ambani, and Walmart-Flipkart all want a piece of the action.
Opinion: GST Starts Paying Off But Poll Season Tweaks May Hurt Revenue
Anirban Nag and Vrishti Beniwal, Bloomberg | Tuesday July 03, 2018The government has already widened its deficit goal for the current fiscal year to 3.3 percent of gross domestic product from 3 percent, putting pressure on bond yields.
Opinion: IDBI Deal Is Money Down The Drain For Life Insurance Corporation
Andy Mukherjee, Bloomberg Opinion | Tuesday June 26, 2018If LIC cares about its fiduciary responsibility to policyholders, it will pass this one up. But then, it can never say no to New Delhi. LIC already owns about 11 percent of IDBI, thanks to its previous participation in rescue missions.
Opinion: Bad Bank Politically Expedient Before 2019 Polls, But A Bad Idea
Andy Mukherjee, Bloomberg Opinion | Tuesday June 12, 2018The proposal to set up a bad bank looked senseless even when it was first mooted in early 2016. It looked downright silly when the finance ministry floated the idea of raiding the central bank's reserves to run the rehab clinic for toxic debt.
Opinion: Somebody Should Send Axis Bank's Board a Thank-You Note
Andy Mukherjee, Bloomberg Gadfly | Wednesday April 11, 2018Axis Bank's board, which should have spent at least the past year looking for new leadership, now wants permission to cling on to Shikha Sharma until December; apparently it can't find a replacement by end of May.
Opinion: Government Should Reduce Capital Gains Tax Window
Parth Mehta | Wednesday January 31, 2018Another important point is stamp duty regularisation which varies across states from 3% to 6% along with GST in a state like Maharashtra makes the tax liability of an end user very high to the tune of 12% plus 5% i.e. 17% vis a vis pre GST tax liability of 10.5%.
Opinion: Budget 2018 Must Focus On Reducing Interest Rate On Home Loans
Sanjay Bhutani | Wednesday January 31, 2018The budget should also take steps to lend first-time home buyers with income tax incentives.
Opinion: Government Must Cap GST Rates For Skill Training Services
Narendra Shyamsukha | Tuesday January 30, 2018Concessions/exemptions and increased allocation for telecom, IT and power sector manufacturing are looked forward to in the coming Budget.
Opinion: Taxing The Bankrupt - Deliverance Needed
Vinita Krishnan | Friday January 26, 2018It is only rational for the government not to put the cart before the horse and look at the bigger picture whilst developing tax policy for companies under the IBC regime.
Opinion: Tax Revision May Enhance Real Estate Industry
Srinivasan Gopalan | Friday January 26, 2018The budget should work towards fulfilling the long-standing demand for the mechanism of single window clearance.
Opinion: GST Rates On Construction Materials Should Be Normalised
Aditya Kedia | Friday January 26, 2018Every positive step implemented by the government will facilitate in escalating realty sales thus giving an impetus to the under-construction projects.
Opinion: Corporate Tax Rate Must Be Reduced To 20%
Ajay Agarwal | Friday January 26, 2018Budget should also focus on providing incentives to employment generating industries.
Opinion: Budget 2018 Should Also Focus On Tourism Industry
Jayanth Sharma | Friday January 26, 2018In the shorter term, there have been some issues that the Budget can look to resolve for the travel and hospitality industry which have been limiting the growth of tourism in India.
