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Subhomoy Bhattacharjee is an author and Contributing Editor at the Business Standard. He works on public policy, primarily finance, maritime and energy issues. He comments on current economic issues at On Point with Subhomoy Bhattacharjee. He is also a Professor of Practice and Director, Centre for Regulatory Governance at Jindal Global Law School at OP Jindal Global University. He has read Economics at Delhi School of Economics and Shri Ram College of Commerce. He has worked in Govt of India as part of Indian Information Service & has since moved to The Economic Times, Indian Express & Financial Express newspapers.
Subhomoy Bhattacharjee is an author and Contributing Editor at the Business Standard. He works on public policy, primarily finance, maritime and energy issues. He comments on current economic issues at On Point with Subhomoy Bhattacharjee. He is also a Professor of Practice and Director, Centre for Regulatory Governance at Jindal Global Law School at OP Jindal Global University. He has read Economics at Delhi School of Economics and Shri Ram College of Commerce. He has worked in Govt of India as part of Indian Information Service & has since moved to The Economic Times, Indian Express & Financial Express newspapers.
Once the issue size of Rs 2,000 has stabilised with the banking system, the Rs 1,000 currency note, too, will make a re-appearance
Year 2017 marks the first time ever that IMF has acknowledged this position without any caveats
This means, in FY18, govt to pay a disproportionately high interest for borrowings from such savings
GST Council plans three-rate service tax structure
More powers to states mean the taxes will be handled by the state govt officers
Govt keen to show positive demonetisation effects though social spending
In 2016, the mine produced 17 million tonnes of coal - half of ECL's annual production
Ordinance gives govt the legal right to take back the specified bank notes and hand out fresh ones
For instance, the investigation wing is overworked, with just 20 officers across India. The numbers would fall short of the demands in a normal year, not to talk of these exacting times
Reading 'Crash, Bang, Wallop', the story of London's emergence as an international financial centre, an Indian can certainly wonder what didn't work in favour of Mumbai
Watal panel had suggested an independent payments regulator be set up
Financial Intelligence Unit data show many of these societies have become the biggest draw for laundering money
About 1,950 such accounts where Rs 3 lakh or more has been deposited since November 8
The currency presses are working overtime to produce an year's output in just 5 months
After the 2015 auctions for coal mines in India, there were allegations of bidding through cartels
Auction for mines raises costs, but the aura of transparency it affords makes it extremely attractive for the government, according to experts
In the first of a three-part series, Business Standard analyses the merits of the auction policy as the sole means to allocate natural resources
'Waves of Prosperity' traces this global ebb and flow of trade over the centuries, building the story around the fortunes of the shipping industry
Amid a cash crunch, district cooperative credit banks cannot be allowed to connect with the stretched banking system
To make the benefits of demonetisation stick, the government should immediately go for tightening "of transactions in real estate sector