Ajay Shah

Others

02 September, 2015

Payment bank entry process considered inconsistent with the rule of law

First bestBanking is the business of accepting deposits from the public with the promise of repaying such deposits on demand ......

Others

24 June, 2015

Has the recession which began in 2012 ended?

The questionThe erstwhile GDP series, with a base year of 2004-05, has been discontinued. The new series has a base ......

General

08 June, 2015

Things that the government should not do

The job of government is to address market failures: public goods, asymmetric information, market power, externalities. In addition, a certain ......

General

23 March, 2015

What is interesting in Budget 2015: the package of fiscal, financial and monetary institution building

After the dust has settled, the interesting feature of Budget 2015 is the package of fiscal, financial and monetary institution ......

General

08 December, 2014

Have Indian banks been underpricing corporate loans?

In the 1990s, we had large scale defaults on corporate loans, which felled IDBI and IFCI. For some time, we ......

Others

25 August, 2014

Shutting down Uber in India was unwise

When you finish a taxi ride, between two to ten minutes are wasted in dealing with the payment. You could ......