Page 23 - Economy Interviews

Privatisation policy will now be a road map for PSB mergers: Debasish Panda

The soon-to-be-unveiled privatisation policy for public sector enterprises will lay the road map for mergers and amalgamation among state-owned banks, says Debasish Panda

Working capital cycles returning, especially in manufacturing: Axis Bank MD

On retail loan growth, the season went better than expected, CEO Chaudhry said

Wherever we've seen unlocking, we've seen a revival in demand: SBI Chairman

Inflation rate in excess of 7% is essentially attributed to supply-side constraints, says chairman

Full-year GDP contraction may be less than 9%: Niti Aayog vice chairman

In a Q&A, Rajiv Kumar says GDP growth could be a small negative in Q3, positive in Q4, even as he calls for more measure to spur private investment

Confident of returning to double-digit growth by FY21-end: LIC chairman

The pandemic has shed light on the importance of life insurance. It may become an essential part, says Kumar

Can't have one-size-fits-all approach to promoter stake: RBI board member

Since 2016, India has witnessed growth of differentiated and specialised banks such as local area banks, small finance banks and payments banks, says Sachin Chaturvedi

Economic momentum will be lost through 2021: CLSA

India has the weakest growth in fiscal 2020 of countries that we forecast at 15 per cent, but the strongest fiscal 2021 forecast at +14.5 per cent, CLSA said

Elitist mindset behind India's learning poverty, says Abhijit Banerjee

There is evidence to show that enough people don't know about the benefits of education, says Banerjee

What changes with IPO is cautious decision-making: RailTel's Puneet Chawla

In conversation with Shine Jacob, RailTel's Chairman and Managing Director PUNEET CHAWLA talks about how its business improved during Covid and the IPO road map

We are open to a coal regulator, says Coal Minister Pralhad Joshi

In an interview with Shreya Jai & Jyoti Mukul, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi argues why coal production cannot be sacrificed at the altar of environment

Wait for holistic response for stressed sectors: Finance secretary

AJAY BHUSHAN PANDEY talks about the Budget, revenue collection, and the goods and services tax (GST) compensation mechanism

First target would be a faceless inspection regime: Labour secretary

There are significant changes that have been introduced through the labour codes, which considerably reduce the compliance burden for companies, said Chandra

Budget won't be a constraint in vaccination programme: Expenditure Secy

Managing the sequencing of expenditure is not an easy job, but we will do it, we are ready, says T V Somanathan

Credit growth will rise to 8-9% by March-end: IBA chairman Rajkiran Rai G

The economy needs all the support and the banking system is playing a very active role in this, said Rai G

Next budget should bring down personal tax rate to 25%: New PHDCCI chief

In a Q&A, Sanjay Aggarwal calls for focus on infra, flow of investments, creating a conducive environment for companies looking to shift businesses from other countries to India

We are converting crisis into opportunity, says FM Nirmala Sitharaman

People have every right to think whether fiscal support was adequate or whether it wasn't. As regards any further help or stimulus, I've kept my options open, said FM Sitharaman

We've been trying to shift firms to B2B payments: SBI Card MD & CEO

Since June, we have been on an upward trajectory, however, we are still not at pre-Covid levels. But we are getting there, said MD Tewari

Stamp duty going digital is like demat of shares: NeSL MD & CEO S Ramann

NeSL has set up a secured digital document execution (DDE) platform which will facilitate MSMEs and individuals to avail contactless loans on remote basis, says S Ramann

States should be allowed to levy, collect taxes: Chhattisgarh CM Baghel

I believe there should be a review of how GST has been implemented. My view is that there needs to be a rethink on GST, the CM said

Job losses among salaried employees likely to get worse: CMIE's Mahesh Vyas

The number of salaried people who have lost their jobs amid the Covid-19 pandemic has now surged to 18.9 million