New Delhi’s advance tax devolution gives states more firepower, but risks widening bond spreads and straining its own balance sheet.
BasisPoint Insight
October 3, 2025 at 12:28 PM IST
iStock.com
Consolidation of India’s public banks offers scale without substance. Without governance reform and adjustments to their business models, they risk global irrelevance despite their domestic strength.
R. Gurumurthy
September 12, 2025 at 6:05 AM IST
iStock.com/lakshmiprasad S
