This article assesses the performance of demonetisation after taking into account the criticisms of the several economists, including Kaushik Basu, who was most vocal. A
Month: September 2017
Slowdown across sectors | Business Standard Column–04.09.2017
The stock market continues to ignore signs that India Inc and the macroeconomy are in trouble. Gross domestic product (GDP) estimates for Q1, 2017-18, are
Brief case: Works contract may be split to impose tax | Business Standard Column–04.09.2017
A works contract is divisible and state governments can levy sales tax on the goods going into the civil work. The contract can be divided
‘Cyber attack can mar growth’ | Business Line–04.09.2017
Cyber attacks in India can adversely impact India’s growth and worsen relations with its neighbours, a joint Assocham PwC report said. “Cyberattacks can deliver economic
‘I strongly support demonetisation’ | Business Line–04.09.2017
Rajiv Kumar is well aware of the thin line between politics and economics. An old hand in dealing with government, Kumar, the newly appointed Vice-Chairman
Carry the right insurance with you | Business Line–04.09.2017
Come Spring or Fall season, many Indian students travel to foreign countries for higher education. Health insurance is mandatory for such students. But what kind
ECGC revives export-factoring business | Business Line–04.09.2017
Company invests ₹60 cr; reduces pricing to make factoring more viable for exporters In a bid to boost exports, India’s export credit guarantee agency ECGC
RBI arm to launch model platform for blockchain technology soon | Business Line–04.09.2017
Blockchain is a type of distributed ledger or decentralised database that keep records of digital transactions The Institute for Development and Research in Banking Technology
Economy outlook still cloudy – The Hindu–04.09.2017
The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth
Banks’ cuppa to brew with mergers – The Hindu–04.09.2017
Consolidation of public sector banks had been discussed in banking circles for many years now. P Chidambaram, Finance Minister in the previous United Progressive Alliance
Moving to the faster lane – The Hindu–04.09.2017
We are in times of outstanding significance and consequence for our nation. The start of the GST era is already upon us with the law
If Raghuram Rajan didn’t, who pushed for Modi govt’s demonetisation? And why? | columns | Hindustan Times–04.09.2017
Former Reserve Bank governor Raghuram Rajan has finally broken his silence. In his latest book – I do what I do – Rajan confirms that
Raghuram Rajan breaks silence, says RBI had warned Modi govt against demonetisation | india-news | Hindustan Times–04.09.2017
Former RBI governor Raghuram Rajan has revealed that he did not favour demonetisation as he felt the short term economic costs associated with such a
demonetisation: What PM Modi’s demonetisation achieved, what it didn’t, and what next? – The Economic Times–03. 09.2017
‘ By R Jagannathan If you can find a politician who is willing to do the right thing, but is equally willing to let his
Rupee: Slowdown-hit Indian economy counts costs of stronger rupee – The Economic Times–03.09.2017
India’s stronger currency has become a threat for its growth aspirations, piling pressure on the central bank to aggressively intervene in the foreign exchange market
GDP growth: Why GST and demonetisation alone are not responsible for slow GDP growth – The Economic Times–03.09.2017
Close to 5 pm on September 1, State Bank of India (SBI) chairman Arundhati Bhattacharya was leaving her office to almost military-style salutes by the
Rape in marriage: Still a violation of consent and therefore rape–Times of India–03.09.2017
The Union government recently told the court that marital rape should not be criminalised, because what an “individual wife” considers rape may not appear the
GDP growth at 5% under old series; analysts cut FY18 estimates – The Financial Express–03.09.2017
Terming the Q1 GDP growth of 5.7 per cent as disappointing, a slew of foreign brokerages today cut their full-year forecast to well under the
Q1 GDP growth falls to 5.7%: Demonetisation may have hurt more than it helped – The Financial Express–03.09.2017
It will take time for the economists to figure out whether the fall in the growth rate to 5.7 per cent is the result of
Q1 GDP growth falls to 5.7%: Slowdown-hit economy faces strong currency threat – The Financial Express–03.09.2017
India’s stronger currency has become a threat for its growth aspirations, piling pressure on the central bank to aggressively intervene in the foreign exchange market