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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The finance minister may insist that private investment is picking up, but official data shows otherwise. In fact, an increasingly frustrated government could further put off investors.
“Is it like Hanuman?” said finance minister Nirmala Sitharaman exactly a year ago at the Mindmine Summit while addressing India Inc. “You don’t believe in your own capacity, in your own strength and there has got to be someone standing next to you and say, ‘you are Hanuman, do it’? Who is that person who’s going to tell Hanuman? It can’t certainly be the government.”
On the face of it, it seems businesses have taken note. Lately, Sitharaman has said that the desired private investment has happened, or so she claimed last week, “That’s the feeling I got and …
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
Though the war in the Gulf is pinching the Indian economy, things aren’t too bad. But much needs to be done if the situation drags on or worsens, rather than waiting for it to come to pass.
