Moody’s Investors Service on Monday revised its growth forecasts for India to 5.4 per cent for 2020 calendar year and 5.8 per cent for 2021,
Category: Economy
Coronavirus could damage global economic growth in 2020: IMF – The Financial Express
But the world should be concerned “about sluggish growth” impacted by uncertainty, said the IMF chief. The coronavirus epidemic could damage global economic growth this
Coronavirus: China’s response to economic shock to decide world economy’s course of action – The Financial Express
The People’s Bank of China could further cut the proportion of deposits banks must hold as reserves. The broad policy direction for many of the
The unintended fallout of RBI’s loose money | Business Standard Column
When economic growth falls, the customary expectation is that the Reserve Bank of India (RBI) would cut interest rates. And indeed, all mainstream economists, especially
Why stimulus has failed to lift the economy–Times of India
India is going through its slowest three-year growth period since the Asian Financial crisis. GDP growth is now estimated at 6.1% in 2018-19, 5% in
Bad to worse [ Telecom ] | The Indian Express
Despite knowing that telcos are struggling, rather than reconsider the licence regime, and the statutory levies, the government now hopes to extract a staggering Rs
Acknowledge that Make in India has failed–Deccan Chronicle
Make in India was launched in September 2014. On his website (pmindia.gov.in), the Prime Minister explains that “since years policymakers have been debating how to
Economic slowdown hits factories hard in Coimbatore | Deccan Herald
A Unnikrishnan, 51, used to make Rs 25,000 a month till about five months ago when he ran a lathe workshop that embellished spare parts
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इंधन दरवाढ ही आपल्याकडे फार कमी वेळा आर्थिक शहाणपणातून आणि बहुतेकदा राजकीय गणिते सांभाळून जारी केली जाते. दरवाढ रोखली जाते राजकीय फायदा मिळवण्यासाठी. म्हणजे सर्वसामान्य
covid-19: Importers of Chinese goods face supply constraints, unable to pay via hawala routes – The Economic Times
MUMBAI: Brijesh Doshi, a trader based in Mumbai who deals in electronic false ceiling lights, was supposed to fly to Hong Kong this week on
Budget 2020: Credit growth momentum picking up; Budget proposals not to stoke inflation: RBI chief Shaktikanta Das – The Economic Times
NEW DELHI: Amid concerns over economic slowdown, RBI chief Shaktikanta Das on Saturday said credit growth momentum is picking up and ruled out any possible spike in inflation due
Coronavirus hits cash circulation! China quarantines bank notes to stop virus spread – The Financial Express
Stepping up efforts to contain the outbreak of the novel coronavirus in the country, China has begun to quarantine large quantity of bank notes in
Budget 2020 does not address objective of kick-starting economic growth: Former finance secretary SC Garg – The Financial Express
The Budget for 2020-21 does not ‘effectively’ address the objective of kick-starting economic growth and building momentum, former finance secretary Subhash Chandra Garg has said.
Nearly half the economy is not running: P Chidambaram | Business Standard Column
So, what is the state of the economy? I mentioned already six quarters of declining growth rate. Agriculture is growing at two per cent. Consumer
Why there may be few takers for the Budget’s tax amnesty scheme | Business Standard Column
In her Budget speech on February 1, Finance Minister Nirmala Sitharaman adumbrated the salient features of the Direct Tax Vivad se Vishwas Bill, 2020: Cough up the
Nirmala Sitharaman: Govt willing to do more beyond Budget to boost growth: Nirmala Sitharaman – The Economic Times
NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said that if required, the government would take more steps beyond the announcements made in the Union Budget 2020-21. At an
More risk capital and a strong corporate governance code, key to India’s GDP growth: Uday Kotak – The Economic Times
India’s aspirational growth of 6-7% in the future highly depends on a large amount of risk capital from domestic investors and a strong corporate governance
Yes, only 15 million Indians pay tax; but who is to blame for this? | Business Standard Column
The prime minister has drawn attention to the fact that only 15 million people in India pay income tax. He is right to complain, since more than
Urgent need for more ambitious structural and financial sector reform measures in India: IMF – The Economic Times
UNITED NATIONS: India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation strategy due to the rising debt levels , the International
Economists eye silver lining in India’s rising rural inflation numbers – The Economic Times
MUMBAI: India’s rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the
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