A commodity futures exchange goes bust. Investors lose millions. The Prime Minister intervenes to expedite investigation.
ETNOW Channel
Television arm of The Economic Times. I have worked here as a stock market regulation reporter in Mumbai and then as an economic policy reporter in New Delhi.
Opening floodgates for Foreign Direct Investments
I broke this story about a government panel recommending hiking foreign investment caps across a large number of sectors and opening up the telecom sector completely to FDI. This was a game changing move for a government facing a currency crisis and desperate to attract long term foreign capital to finance its ballooning current account deficit.
Clarity for M&As: Government redefines Control
In a move that will bring greater clarity to M&A transactions in India, the government redefined ‘control’ to align the M&A norms with the Companies Laws.
Government eases norms for Qualified Foreign Investors
Struggling with a weak currency and desperate to attract foreign capital to stabilize it, the Indian government eased norms for Qualified Foreign Investors.
Higher foreign investment In pension sector?
In a game changing move for the pension sector, the Indian government approved the proposal to change foreign direct investment limit for the sector.
New Urea Investment Policy
A landmark decision from the Government of India defining new investment policy for urea plants, for the first time guaranteeing return on investment for urea plant owners.
Roadmap to curb high Current Account deficit
I broke this story about the measures the Indian government was looking to undertake to contain and finance its current account deficit, a week before those measures were announced. A rout in the currency markets, a burgeoning current account deficit and dwindling foreign exchange reserves had forced the government to enact drastic measures.
Government streamlines $ demand by Oil companies
In the face of a sharply depreciating currency, the Indian government explored options to streamline dollar demand by oil companies, the eternal dollar guzzlers, in order to contain Rupee fluctuations.
US QE Taper: India is prepared
Hours after the US QE Taper decision was announced, my story on how preventive measures taken by the Indian government insulated Indian markets from any adverse reaction.
Surprise contraction in India fiscal deficit
I reported the fiscal deficit figure even before it was officially announced, for FY13, at 4.9% of GDP as against the estimated 5.2%. This was a big breather for the Indian government that had faced flak for poor fiscal management from the investor community as well as ratings agencies.