The ‘Right’ Step

The economy received a shot in the arm, as contrary to its perceived stance the government swung right. It took the bold and decisive step of cutting tax rates by 10-25 per cent for domestic companies. For new manufacturing investments, companies can now avail of a tax rate of 17 per cent provided the new […]

Why our cities are sinking!

And how we can save them. At some places, we are dangerously close to breaking point; at others, we are skirting disaster. According to reports, the Karnataka Government was contemplating a ban on the construction of new apartments in Bengaluru to resolve water scarcity. The deputy chief minister revealed that there was a gap between […]

Time to hit the right button!

Roads and highways are not the flavour of the season! Yes, you read correctly. They are not. The growth magnet now has moved to water supply, irrigation, affordable housing and railways too. EPC projects are increasingly finding favour over HAM projects. A huge consolidation exercise is under way as the Insolvency & Banking Code (IBC) […]

War or economic suicide?

India is seething, rightly so, with its pint-sized errant neighbour. Pakistan’s GDP is $300 billion while India’s stands at $2.6 trillion, nearly nine times larger. Meanwhile, the US is at $19.39 trillion, Bangladesh is at $250 billion while China is at $12.24 trillion. So China is six times bigger and the US eight times bigger […]

PROJECT INDIA

Elections are back but so is the smog and the end of the year. Some collateral benefits or features of elections include rapid decision-making, rapid project execution, timely payments, brisk purchase of materials and equipment due to release of liquidity, increase in cash transactions and so on. While construction of the Ram Mandir will be […]