India’s foreign exchange reserves would soon touch the $500-billion mark if the Reserve Bank of India (RBI) continues to accumulate foreign currency at the same
Category: Economy
The stress in state finances | The Indian Express
General government spending was one of the major drivers of economic growth in the first half of this fiscal year. And with state governments accounting
Country could be passing through recession: Abhijit Banerjee – The Economic Times
KOLKATA: Nobel laureate and economist Abhijit Banerjee on Monday said the country could be passing through a phase of recession, and there is “nothing in
Piyush Goyal asks traders to promote swadeshi by selling, consuming local goods – The Financial Express
Commerce and Industry Minister Piyush Goyal on Monday asked the traders to promote swadeshi by selling and consuming local products, saying it will help in
Unease of doing business with China – The Hindu BusinessLine
A valuable book explains how Indian industry and the foreign office have not seized opportunities In business relations at least, India has submitted to the
What can macro policy do? | Business Standard Column
We are in a business cycle downturn and in a decline of trend growth. The tools of macro policy can address the business cycle, but
P Chidambaram on Budget 2020, Indian economy–Indian Express
Another year has started, another Budget is round the corner, and another fateful year for the Indian economy. Since 2016-17, every year has brought surprises
Budget 2020: Bold fiscal measures needed to boost real estate sector–Business Today
Budget 2020: There is an urgent need to address the challenge of liquidity faced by the real estate sector, especially after the NBFC crisis Given
FM Nirmala Sitharaman must use budget speech to signal moves that place economy on firmer foundation | Deccan Herald
In June 1991, the Indian economy was teetering on the brink of a precipice. Albeit reluctantly, the P.V. Narasimha Rao government responded by freeing up
Economic slowdown: 2012-13, 2013-14 slowdowns were a lot worse than the present one: Arvind Panagariya – The Economic Times
Arvind Panagariya, Former VC, Niti Aayog, says in FY20-21, we should get to above 6% growth rate and then we could jump back to about
Fiscal Deficit | India Budget: Go for growth! It’s time to stop obsessing over fiscal deficit and deliver growth–Economic Times
Any attempt to cut back on govt expenditure in the false belief that we must somehow stick to an arbitrarily-determined number of three percent for
Success for PM Modi’s Demonetisation and GST move? Here’s what data analytics suggests – The Financial Express
It was always disappointing that, after coming out with an initial list of 17.9 lakh persons whose post-demonetisation cash deposits in banks were not in
India faces first fall in direct taxes in at least two decades: Report – The Economic Times
The tax officials also say that a surprise cut in headline corporate tax rate last year aimed at wooing manufacturers and boosting investment in Asia’s
Budget 2020 impact on unemployment| View: What the Budget can offer to fix India’s unemployment problem
By Ram Singh India’s employment situation is bad. The current unemployment rate is the highest in the last 45 years. The unemployment among urban youth
Union Bank: ETRise Top MSMEs Ranking: Union Bank CMD says conventional credit worthiness model does disservice to millions of entrepreneurs – The Economic Times
The Union Bank has surplus funds at the moment. It is looking for lendable opportunities, especially for MSMEs. Access to formal sources of credit has
Economy slowdown: Growth slowdown in India temporary, expect momentum to improve going ahead: IMF chief – The Economic Times
Growth slowdown in India is temporary: IMF Chief IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum to improve going
Club Factory: Club Factory sees surge in monthly active users in India – The Economic Times
NEW DELHI: E-commerce platform Club Factory has surpassed 100 million monthly active users (MAUs) in India following a strong surge in user adoption across the country. Club
MSMEs: Budget may give Rs 500 cr each for two MSME funds – The Economic Times
NEW DELHI: The government is expected to provide around Rs 500 crore each for two funds for micro, small and medium enterprises (MSMEs). While a
Arbitrary or excessive tax results in “social injustice” by a govt: CJI Bobde – The Financial Express
Justice Bobde emphasised on the use of next generation technology artificial intelligence to expedite the process with caution that it should not replace the human
Shaktikanta Das on slowdown: Monetary policy has limitations; these 2 measures can revive growth – The Financial Express
There are areas where structural reforms are required if done properly, Shaktikanta Das said. RBI Governor Shaktikanta Das on Friday said that since monetary policy has