Former Reserve Bank Governor C Rangarajan today said the GST rollout has been smooth barring some initial hick ups and maintained the new regime is
Month: August 2017
Early signs of tax base expansion post-GST: Economic Survey – The Financial Express–12.08.2017
The Economic Survey today said implementation of GST has shown early signs of expansion in tax base and called for inclusion of education, healthcare electricity,
Mid year Economic Survey: Inflation to stay below RBI’s target of 4% – The Financial Express–12.08.2017
Signalling price stability, the Economic Survey-II today said retail inflation at the end of March 2018 will remain within RBI’s medium term target of 4
RBI rate cut can’t revive investment activity in India; is it time for Modi’s version of New Deal? – The Financial Express–12.08.2017
The RBI expectedly cut the repo rate last week by 25 basis points, bringing the key lending rate to a six-year low of 6 percent.
Genuine case for India’s ratings upgrade: Report – The Financial Express–12.08.2017
There is a “genuine case” for rating agencies to consider giving an upgrade to India’s sovereign rating following positive changes that have taken place in
Mid year Economic Survey: Government says achieving high end of 6.75-7.5% growth difficult; top highlights – The Financial Express–12.08.2017
The Finance Ministry on Friday in its mid-year economic survey said that achieving upper end of 6.75 percent to 7.5 percent real GDP growth predicted
Surrogacy Bill: Parliamentary panel makes progressive recommendations – The Financial Express–12.08.2017
The Parliamentary Standing Committee on Health and Family Welfare’s recommendations on the proposed legislation surrogacy reflect the kind of progressive thinking policy-making in India needs.
Is the rupee at a fair value? – The Financial Express–12.08.2017
The rupee has been behaving differently from most of the important world currencies. A medium-term review indicates that the dollar has strengthened against most international
Why unchecked rise of rupee can be damaging for India – The Financial Express–12.08.2017
Though the political class appears to be in favour of a strong rupee—the currency has appreciated around 6.1% against the dollar so far in 2017—the
Right to Privacy case: Making data controllers accountable will be a good start – The Financial Express–12.08.2017
Takshashila argues that true data protection can be secured through a “rights-based model” based on accountability of the data controller, autonomy of the user over
3% GST rate for gold is low: Economic Survey II | Business Standard–12.08.2017
Chief Economic Advisor Arvind Subramanian batted for a higher goods and services tax (GST) rate for gold and jewellery in the Survey, arguing these were
Invest in health, education, but with specific outcomes in mind: Eco Survey | Business Standard–12.08.2017
Apart from investing far more in health and education, says the Survey, policies need much change in both. Such as designing around learning outcomes in
Realty sector still reeling from after effects of note ban: Economic Survey | Business Standard–12.08.2017
The sting of demonetisation is still hurting the real estate and housing sector, which is in the doldrums. From hitting a five-year low in residential
If we implement policies that revive growth, we can go to upper range: CEA | Business Standard–12.08.2017
What is the thinking behind saying that there are greater downsides for the economy to reach the higher limit of your earlier 2017-18 gross domestic
SBI has some more book cleaning to do | Business Standard–12.08.2017
The stock of State Bank of India (SBI) was the top loser among Sensex stocks, shedding 5.4 per cent on Friday. The June quarter (Q1)
Deflation may lay economy low | Business Line–12.08.2017
India may not achieve the upper-end of the 6.75-7.5 per cent growth forecast for the current fiscal, noted the second volume of the Economic Survey
GST–[ Auto ] Too much tinkering | Business Line–12.08.2017
Frequent changes to GST rates disrupt industry and hamper a smooth transition Unlike most other industries, automakers were an ecstatic lot last month when the
Bank of Baroda net plunges 52% in Q1 | Business Line–12.08.2017
Net interest income was almost flat at ₹3,405 crore. Other income nudged up 7% to ₹1,551 crore Bank of Baroda reported a 52 per cent
₹2.8-4.3 lakh cr of excess deposits entered banking system during demonetisation | Business Line–12.08.2017
Excess deposits in the range of ₹2.8-4.3 lakh crore accrued to the banking system during the demonetisation period, with unusual cash deposits in specific accounts,
State Bank of India June quarter net profit down 20% on loan loss provisions | Business Line–12.08.2017
Heavy loan loss provisions has dragged State Bank of India’s first quarter net profit down 20 per cent. Net profit in the reporting quarter was