A K Bhattacharya is a senior economic journalist with over four decades of experience. He is Business Standard's editorial director and a writer of a long-running column - Raisina Hill. He had set the bar for business reporting as the chief of bureau at the Economic Times in the early 1990s, when economic reforms raged. He had a ringside view to many other disruptions, creative and otherwise, during his four decades in journalism, a journey that started when he switched careers after a year of teaching.
A K Bhattacharya is a senior economic journalist with over four decades of experience. He is Business Standard's editorial director and a writer of a long-running column - Raisina Hill. He had set the bar for business reporting as the chief of bureau at the Economic Times in the early 1990s, when economic reforms raged. He had a ringside view to many other disruptions, creative and otherwise, during his four decades in journalism, a journey that started when he switched careers after a year of teaching.
A Kargil-style squeeze on public finances is unlikely in 2025, but rising defence demands may challenge Nirmala Sitharaman's consolidation strategy
The book has an excellent section on how the offices of the Prime Minister and the Cabinet secretariat have evolved in the United Kingdom, Canada and Australia
To begin with, there appears to be a crackdown on the practice of secretaries holding dual charges for several months
Phloem plays a similar role for Plant Thinkers of Twentieth-Century Bengal
India must revisit how reforms are designed, executed and shared between the Centre and states, if it wants to seize the global moment and boost long-term economic growth
Note that the erosion of these principles followed in the early years of reforms did not happen suddenly or only now. This occurred gradually over the last many years
Statisticians across the spectrum welcomed this decision, though questions remained about why the timeline for releasing a given year's GDP data and the number of revisions couldn't be reduced further
Union Budget for 2025-26, presented earlier this month, provides an idea of how the Centre has gone about recruiting staff in all its departments and ministries, other than those in the armed forces
In a departure from the past many years, its contribution to the PSUs' capital outlay by way of equity and loans will decline
The regret about this Budget is that it once again shies away from renewing its commitment to strategic disinvestment
During the current year, RINL's total liabilities have risen to over Rs 35,000 crore, with defaults on its loan repayment and interest payment
Not too many tears would be shed for a squeeze on capex if the hit is primarily on infusing equity into a state-owned enterprise and on new schemes that are yet to be announced
Manmohan Singh, a pioneering economic administrator and India's fourth-longest-serving PM, leaves behind a legacy of economic reforms, policy pragmatism, and unwavering dedication to public service
The big question is whether the finance minister will revert to the fiscal consolidation timelines or medium-term projections as provided under the Fiscal Responsibility and Budget Management Act
Economists can still look forward to filling the deputy governor's position
For those in the government committed to the idea of fiscal prudence, the challenges have got a little more difficult
Patterns of capital expenditure have a bearing on economic growth. With their huge spending power, states have as big a role in economic development as the Union government
The book would have enhanced its accessibility for ordinary readers if more care had been paid to its presentation and delineation of arguments in support of the author's principal thesis
Speaking at the BS BFSI Summit, Shashank Kumar said that the firm has certain internal milestones, especially for the new biz they have launched and therefore, going public would likely be beyond 2026
With such fiscal pressures on the Centre's finances, it is necessary for the finance ministry to explore non-tax areas to raise revenue