Agriculture Sector – Will It Get Its Due.??
Two successive droughts and a bountiful rain this year has brought back the agriculture economy into the mainstream agenda. Record area sown this kharif season and hopes of a bumper…
UDAY – Will the Discoms Rise Now..??!
The power ministry’s initiative, UDAY, to improve the financial and operational health of state distribution companies is not exactly new. Yet, it is novel since for the first time, the…
Reliance ADAG – In the Middle of Business Realignment..
Reliance Communication is in the middle of a business portfolio realignment with agreement to sell majority stake in its towers business. This, along with its earlier decision to form a JV…
Rosneft-Essar Deal – A New Beginning For Indian Refining Industry..
The buyout of Essar Oil (98% stake) by Rosneft and its partners at a total value of nearly $ 13 bn is a landmark deal which opens up a whole…
Economics Nobel Prize – Understanding 'Contract Theory'..
The award of Nobel Prize to Oliver Hart and Bengt Holmstrom for economic science brings to light the concept of ‘Contract Theory’, hardly heard so far, let alone be understood..!…
Understanding Public Debt Management Agency..
Government’s notification last week to set up a public debt management cell (PDMC), to be converted into PDMA in two years, is one more step ahead in financial sector reforms.…
How bad is Global debt overhang – IMF Report.
Global economy continues to remain under firm grip of debt as per an IMF report published earlier this week. As per the report, global non-financial debt has risen to an all…
ABG Shipyard – Boom to Doom..
The conversion of ABG Shipyard’s preference shares into equity by ICICI Bank yesterday sets the stage for takeover of company by the lenders. The fate of the company is similar…
RBI rate cut – Is it justified.??
The MPC (Monetary Policy Committee) decision to cut rate by 25 basis points in its first ever meeting today, also the first under the new governor Dr Urjit Patel, appears…
Sick PSUs – Way forward…
The initiation of discussion on closure/revival of sick PSUs over last few months has brought a chronic issue back on the agenda. The exercise has the potential to considerably reduce…