Amidst the tensions in trade, another pot is stirred by the Supreme Court’s judgement in the Tiger Global case. The principles of tax certainty and rule of law are being used to evoke unfairness. However, comparisons with the Vodafone case is nostalgia rooted in incomplete understanding of the law. The …

It is suggested that Indian investors have taken a liking to the Indian stock market¹. As retail investors and individual traders enter the market regulators and experts worry about the implications of the trend. A significant aspect of this trend is the income profile of investors and their …

In the years post Covid-19 household savings and investment behaviour has received much attention. There have been concerns of growing debt. Banks have expanded their lending to households, particularly in the category of housing loans. The share of personal loans in total non-food credit by households increased from 21.27% in …

(Co-authored with R. Kavita Rao)

Banks have been a major source of financing for investment and working capital especially for large firms in India. Changing pattern of resource mobilisation for these firms – with a shift in favour of own resources and the bond market – could have some implications …

(Co-authored with R. Kavita Rao)

Trends in corporate investment

Indian policy makers are focused on addressing slowdown in private investment. As increase in investment can spur long term growth. In terms of composition, share of private non-financial corporate investments in gross capital formation remained largely unchanged in the last decade, …