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NSE is considering an IPO as a few of its existing shareholders want to exit, but that's not reason enough
Sebi should ask for more information on participatory notes as round tripping of funds might be involved
It is not ownership but the way banks are structured and run that is important for financial sector health
In the Indian context, it is the gross primary deficit rather than the fiscal deficit that should be more in focus
There is an unstated understanding that officials should not push too hard for change let alone act as whistle-blowers
India must not copy the West's exaggerated expectations of the financial sector and central bankers
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates
To get around Parliament logjam, the central government should push reforms in NDA-ruled states
Excessive and prolonged reservations have had unintended and possibly net negative consequences
The promised new bankruptcy code should be passed and implemented urgently
The country has paid a heavy price for the single-minded ambition of some to promote their progeny
We need a systematic approach for selecting and training officers to promote foreign trade and investment, and facilitate scientific-technological tie-ups
The World Bank and ADB now seem to be too driven by the sensibilities of NGOs in developed countries on sustainable development issues
Voters should demand that the Budget provide numbers and implications that are easy for them to understand
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect
Rupee volatility could be dampened if it is steadily manoeuvred to levels consistent with inflation differentials
Governance turns arbitrary, disingenuous or worse if there are no credible alternatives
Why the West is unwilling to pressure Pakistan on terrorism
The external sector remains vulnerable, and India cannot afford an overvalued rupee
In the event of major capital outflows from India, a BRICS Bank and reserves-sharing agreement would be a big help