Hit by a prolonged trade war with the USA, China’s economy logged a 29-year low economic growth of 6.1% in 2019, prompting many to draw
Category: Economy
Year in Review: MSME sector poised for mega transformation in 2020 | Business Standard News
India’s MSME sector is poised for a mega transformation in 2020, with the launch of an Alibaba-like e-marketplace, trendy yet affordable khadi products to appeal to the
The limits of the US-China deal | HT Editorial – editorials – Hindustan Times
The long-awaited United States (US)-China trade deal has arrived. But has it? A relatively shallow “phase one” agreement was reached by the two countries. The
Favour pragmatism: When PM is wooing investors, negative optics are best avoided–Times of India
Piyush Goyal, cabinet minister of commerce, industry and railways, in a conference this week made headline-grabbing statements. Referring to an announcement by American e-commerce firm
‘अमेझॉन’ची गुंतवणूक खेळी –महाराष्ट्र टाइम्स
‘अमेझॉन’, ‘फ्लिपकार्ट’ यांसारख्या ई कॉमर्समधील बड्या कंपन्यांच्या विरोधात देशातील छोटे व्यापाऱ्यांकडून निदर्शने होत असताना आणि या कंपन्यांच्या धोरणांबद्दल केंद्राच्या स्पर्धा आयोगामार्फत (सीसीआय) चौकशी सुरू असताना
China’s economy slumps to 6.1 per cent in 2019; lowest in 29 years | Deccan Herald
China’s GDP grew by 6.1 per cent last year, the lowest in 29 years, the government said on Friday, as sluggish domestic demand and the
Amazon to create one million jobs in India by 2025: Amazon CEO Jeff Bezos | Deccan Herald
E-commerce behemoth Amazon CEO Jeff Bezos on Friday said that it planned to create one million new jobs in India over the next five years.
My statement on Amazon misconstrued: Goyal–Deccan Chronicle
Union Commerce and Industry Minister Piyush Goyal on Friday said his statement regarding Amazon was misconstrued and asserted that the government welcomes all investments but
Too many obstacles to biz in India, need less suspicion & micromanagement: N Chandrasekaran – The Economic Times
Tata Sons chairman N Chandrasekaran India is fraught with micromanagement and suspicion, and upping the growth trajectory requires removing the obstacles that impede businesses, Tata Sons chairman N
Jeff, Justin and an angry government of India–Economic Times
It is obviously no consolation to Jeff that just under two years back Justin, too, got an icy cold shoulder from New Delhi. It’s no
Budget 2020: Rising inflation, mounting fiscal deficit; what govt can do in coming budget – The Financial Express
By Ajit Mishra Budget 2020 India: In order to stimulate economic growth, it is imperative the government ramps up expenditure outlay in core sectors like
Slowdown halves PSU banks’ credit growth in six months; NPA alert for commercial banks – The Financial Express
Even after many PSU banks have been merged to make their operation smoother and economic, the NPA pressure still mounts on their balance sheet and
Temporary trade truce | Business Standard Editorials
Two of the world largest economies have arrived at what can only be called a temporary truce in their ongoing trade war. The US and
Budget and the building blocks of growth | Business Standard Column
The Union Budget is being presented at a time when the economy is not doing as well as in the recent past. Gross domestic product
Fiscal deficit may widen to 4.5%, says Subhash Chandra Garg | Deccan Herald
By Vrishti Beniwal A former top official in Finance Ministry Subhash Chandra Garg claims the government is understating the fiscal deficit, raising questions about the
Amazon not doing favour to India by investing a billion dollars: Piyush Goyal–Deccan Chronicle
New Delhi: A day after Jeff Bezos announced plans to invest USD 1 billion more in India, Union commerce minister Piyush Goyal said Amazon was
The new stagflation challenge–Deccan Chronicle
A spurt in retail inflation beyond the Reserve Bank’s tolerance levels in December presents yet another challenge for the government. Higher inflation is the last
Easing MSMEs’ funding bottlenecks our priority: UBI’s Girish Joshi – The Economic Times Video | ET Now
Union Bank of India (UBI) is a technology-enabled institution that puts a strong focus on easing the funding bottlenecks of the country’s MSMEs, says Girish
Unsecured consumer loans grow most, credit card dues at Rs 1L crore – The Economic Times
MUMBAI: Credit card balances and personal loans have recorded the highest growth rates as lenders expand the market, providing finance to those who had not
Don’t lean on fiscal deficit! What the govt must do to arrest the fall – The Financial Express
By Subhash Chandra Garg Fiscal Deficit (FD) represents net borrowings in a year. As difference between the debt and liabilities also represent net borrowings, FD should equal