The idea of setting up a bad bank to resolve the growing problem of non-performing assets (NPAs), or loans on which borrowers have defaulted, is back on the table. With commercial banks set to witness a spike in NPAs, or bad loans, in the wake of the contraction in the economy as [...]

The son of a corn merchant-turned sociologist, Charles Booth had little patience for Charles Dickens and others in his time, who used lyrical prose to describe the desperation of the poor in working class London. Booth was also angry, in 1885, over the claims made by F.D. Hyndman, the leader [...]

After last year’s pandemic-induced economic collapse, the global economy is on track to make a synchronized—though unequal—recovery. A little over a year after disaster first struck, human ingenuity in the form of vaccines has mitigated its impact and accelerated the economic recovery. […]

What is Intellectual Property:- The concept of intellectual property (IP) will be understood better if we understand what is meant by the term property. To a lay person property means some material object belonging to a particular person. The concept of ownership is critical to the concept of property. [...]

Over these years, no other form of financial services has had the kind of far-reaching impact, in terms of fostering financial inclusion, as microcredit has. […]

One of the most ambitious plans to emerge from India’s recently announced Union budget was the government’s proposal to privatize state-owned companies in the coming years. This is an important step in India’s programme of reforms to achieve long-term sustainable growth. […]

Energy is a master resource which has the ability to catapult or cripple a growing economy. The rising threat of climate change has transitioned from climate-science conferences to billions being spent on disaster relief expenses. Global markets are increasingly demanding carbon-free products. Realizing the impending threat to their economies, several [...]

We are in the midst of an unprecedented and atypical global adverse shock. While all attention must focus right now on overcoming the health crisis, we must take stock of our economic prospects this decade. This article is not about India’s underlying unconstrained potential. It is about how much of [...]

As the world continues to be ravaged by the covid pandemic, more than a year on, it is becoming increasingly evident that the greatest burden has fallen on the global poor. […]

A debate on the monetisation of unutilised and under-utilised government and public sector assets has started with the introduction of a roadmap for monetisation in the Union budget. […]