Editors Column

It has kind of become an annual ritual that every time budget is approaching and there is any decline in stock markets, it is attributed to the possibility of long term capital gains coming back in equity investment.

Biggest clog in the economic growth wheel is the muted private investments. Though there’s a pick up in the fixed gross capital formation, this is not enough to support the 7 per cent plus growth estimated by finance minister Arun Jaitley in 2017-18 budget speech.

There are fears that the triple talaq bill could be heading the way of proposed legislation on women’s reservations. Political considerations could succeed in torpedoing legislation that is widely considered a masterstroke of the Narendra Modi government. It is natural that the Congress party should be considered the architect of the stalling tactics pertaining to the bill.

Details have come to light about the astonishingly high amounts banks collected as fines from account holders for not maintaining a minimum balance. To put it mildly, this is shocking. Banks have no business to fleece their customers, especially savings bank account holders, for not maintaining minimum balances.

Details have come to light about the astonishingly high amounts banks collected as fines from account holders for not maintaining a minimum balance. To put it mildly, this is shocking. Banks have no business to fleece their customers, especially savings bank account holders, for not maintaining minimum balances.

President Donald Trump must look beyond his paranoia of immigrants and ensure the continuance of the jobs of the highly skilled Indian technology professionals and their families in the US that are on H–1B visas. Over 750,000 professionals and 800,000 dependents that are on H-1B visas have contributed immensely to the American economy and its technology eco-system.

Policymakers should not look at spectrum sale only to rake up non-tax revenues or present a rosy balance sheet of the government finances. Managing macro-economic fundamentals may definitely be a Herculean task for finance minister Arun Jaitley when he rises to present the last full budget of this government on February 1.

As reported by this paper in its Monday edition, government has indicated to public sector banks that it should be focussed on their profitability of their loan book instead of chasing top line growth.

It’s not just the prolonged bull-run that’s being celebrated by investors in the market. As the New Year steps in, investors are going gaga over the market reforms ushered in by the regulator, Securities Exchange Board of India (Sebi), under chairman Ajay Tyagi who’s been also pro-active in cleansing the bourses of corrupt practices.

Borrowing is an unambiguous term conveying liability. Whether it takes place through government securities or treasury bills, it indubitably involves net liability to the exchequer.

Pages