Exclusive

Publication

Byline

A big shift in debt fund taxation has ended 'revdis' for India's rich

New Delhi, March 29 -- India's government has gradually been taking away the tax benefit revdis-or handouts-that have been on offer to high networth individuals (HNIs). Last week, it withdrew benefits... Read More


A big shift in debt fund taxationhas ended 'revdis' for India's rich

New Delhi, March 29 -- India's government has gradually been taking away the tax benefit revdis-or handouts-that have been on offer to high networth individuals (HNIs). Last week, it withdrew benefits... Read More


What's behind the growing glitter of gold

Mumbai, March 26 -- Gold prices have been on fire. Between 9 March and 24 March, they rose by 8.2% to Rs.59,545 per 10 grams. A savings account, in comparison, pays 3-4% per year and most one-year fi... Read More


Why the Fed isn't done raising interest rates yet

New Delhi, March 23 -- The US Federal Reserve has raised the federal funds rate for the ninth time in a row. The target range now is 4.75-5%, an increase of 25 basis points from the previous range. Th... Read More


The Fed's money printing can be traced to the Great Gatsby curve

New Delhi, March 22 -- Around mid-April last year, the size of the US Federal Reserve's balance sheet peaked at around $8.97 trillion. In the aftermath of covid, the Fed's balance sheet size had doubl... Read More


SVB's fall is not a Lehman redux but Washington has a problem

New Delhi, March 14 -- Typically, banks fail or need to be rescued when they end up giving a lot of loans which aren't repaid. In that sense, the story of Silicon Valley Bank (SVB), the 16th largest i... Read More


Should you buy or rent? That depends

New Delhi, March 13 -- Where were you?" he asked. "Oh, mummy ji had called," she replied. "The signal here was weak, so I stepped outside to talk to her." "An early morning call from her is never go... Read More