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GST: For a fair share for the States

Ideal fiscal federalism in a market-driven economy calls for reassigning all the commodity taxes to States and effecting equalisation grants by the Un

R. Srinivasan,S. Raja Sethu Durai

Reserve Bank of India

Bank of last resort

The RBI’s transfer of a huge surplus to the Union government does not augur well for it from an institutional standpoint and in the context of managem

Budget 2019: Wooing speculative finance

Budget 2019 sends the clear message that the second Modi-led government plans to use every trick in the financial innovation book in its desperate sea

C.P. Chandrasekhar

Economic survey 2018-19

Economic Survey 2018-19: Vacuous exercise

The Economic Survey waxes eloquent on the standout economic problems of our times, without offering solutions or a road map to nudge the country on th

Shadow banking

As the crisis affecting India’s NBFC sector simmers, self-serving calls for a bailout rend the air ahead of the Budget.

Anupama Katakam

Growth story in shreds

A former senior adviser to the government on economic matters delivers another blow to the credibility of India’s growth rate, but the methodology of

Running down HAL

HAL, a public sector Navaratna, stares at a bleak future as its order book dwindles and its cash reserves are raided by the Central government.

More stories from Economy

‘Marx’s writing more relevant today than ever’

Interview with Wolfgang Streeck, German political economist.

Jipson John and Jitheesh P.M.

Uday Kotak, non-executive chairman of the new IL&FS board, with Vineet Nayyar, vice chairman, at a media briefing in Mumbai after the board meeting on October 4.

Road to ruin

The government’s late reaction to the IL&FS crisis is likely to achieve little, but the larger question is whether the company deserves to be saved.

‘Government policies killing the knitwear industry’

Interview with K. Kamaraj, president, Banian Workers Union.

R.K. Radhakrishnan

A fabric unit in Tiruppur that was closed down.

Looming crisis

The knitwear industry in Tiruppur has not recovered from the double whammy of demonetisation and GST implementation. With a stack of government polic

R.K. Radhakrishnan

The IDBI Towers, the bank’s head office, in Mumbai. A file picture.

Shotgun marriage

The coerced takeover of the publicly owned IDBI Bank by LIC, the country’s largest insurer, will neither protect the interests of the beleaguered bank