A provision in the Union Budget for 2020-21 that is attracting considerable adverse attention deals with remittances abroad. The Budget proposes that if a person
Category: Economy
Long road to revival | Business Standard Editorials
Global rating agency S&P has reaffirmed India’s sovereign ratings, noting that growth will gradually recover over two-three years. It has also said India is experiencing a cyclical,
Why fiscal rules should be revisited | Business Standard Column
The Union government has once again deviated from the stated fiscal consolidation road map. It will now aim to contain the fiscal deficit at 3.8 per cent
Advised Manmohan Singh, Pranab Mukherjee against Vodafone tax: Montek | Business Standard News
Montek Singh Ahluwalia, who was deputy chairman of the Planning Commission during the United Progressive Alliance’s (UPA’s) decade in office (2004-14), has said he had in 2012
Face up to cold truth: Stagflation here to stay–Deccan Chronicle
Finance minister Nirmala Sitharaman had recently told Parliament that green shoots in the Indian economy are clearly visible and the steps taken by the Reserve
Retail inflation: CPI inflation spikes and IIP shrinks: RBI rate cuts off the table for a long time – The Economic Times
Mumbai: India’s industrial production returned to the negative zone for December, in a worrisome development for the government, as data showed that factory output contracted
Double whammy! Industrial production contracts again in December, CPI surges to 7.59% in Jan – The Economic Times
Industrial production had contracted for three months till it changed course in November. India’s annual retail inflation accelerated to its highest level in nearly six years, while
Water Green Shoots With Vital Credit–Economic Times
The economy is turning over a new leaf, or so claims FM Nirmala Sitharaman, who cites several green shoots. Higher foreign investment inflows, direct and
Payment to states delayed due to low realisation of GST compensation cess: FM Nirmala Sitharaman – The Financial Express
Finance Minister Nirmala Sitharaman on Wednesday said the inadequate realisation of GST compensation cess is delaying the payment to states and that the Centre was
As the govt’s debt rises, will it need another fiscal escape clause soon? | Business Standard Column
While presenting her second Union Budget on February 1, Finance Minister Nirmala Sitharaman justified the slippage of 0.5 percentage point in fiscal deficit on the ground that the
Some thoughts on the Budget | Business Standard Column
Ten days after the presentation of the Union Budget ,everything worth saying has already been said or voiced in the media. So here I shall
Coronavirus outbreak opportunity for India to expand exports: Krishnamurthy Subramanian – Times of India
KOLKATA: The coronavirus outbreak in China provides an opportunity for India to expand exports, chief economic advisor (CEA) Krishnamurthy Subramanian said on Wednesday. India is one of
Economy needs structural and governance reforms–Indian Express
In the run-up to the budget, there was enormous pressure on the finance minister to launch a fiscal stimulus so as to pump-prime the economy. That
India won’t get anymore special preference from US; here’s why | Business News,The Indian Express
The Trump administration is changing a key exemption to America’s trade-remedy laws to make it easier to penalize about two dozen so-called developing countries including
Chasing dollars: India’s projects increasingly funded by offshore borrowings – business news – Hindustan Times
Finance minister Nirmala Sitharaman on Tuesday pointed out to some green shoots in the economy. While macroeconomic data is yet to pleasantly surprise markets, the
‘जागतिकीकरणाच्या शोकेस’ला तडे | लोकसत्ता
|| संजीव चांदोरकर अर्थव्यवस्थेची भरभराट ‘बिगर आर्थिक शक्तीं’वरही अप्रत्यक्षपणे अवलंबून असते.. त्यांचा समतोल ढळला तर निव्वळ जागतिकीकरण, आकर्षक कररचना वा ‘ईझ ऑफ डुइंग बिझिनेस’ तारू
Coronavirus adds risk to India’s nascent recovery: Krishnamurthy Subramanian – The Economic Times
By Vrishti Beniwal A nascent recovery in India’s economy faces “unknown” risks from the coronavirus outbreak, according to a top government adviser. “There are some green shoots, but I
India’s economic growth set to bounce back as slump bottoms out: Govt adviser – The Economic Times
Sanyal said the budget has offered a clutch of tax incentives for sovereign wealth and insurance funds, which would leave more banking funds for private
Growth in bank lending to small businesses remain flat in FY20 so far; here’s what RBI data shows – The Financial Express
Credit and Finance for MSMEs: Credit growth to micro and small enterprises (MSE) by banks remained contracted for December 2019 also in the current financial year,
A new kind of harassment: Government notice seeking information | Business Standard Column
A new kind of harassment has appeared in India. It’s the notice that seeks information. Sounds reasonable till you see what sort of information is
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