State Bank of India is set to get about Rs 12,161 crore as the largest acquisition through the three-year-old Insolvency and Bankruptcy Code (IBC) is
Category: Economy
Housing sector needs a home–Economic Times
By Shrikant Joshi The real estate sector is being propelled by advancements in three major constituents: government, judiciary and customers. Recently introduced reforms like the
Credit growth, NPA reduction to depend on pace of economic revival: RBI | Business Standard News
Indian banks are getting a better grip on their bad debt situation and non-banking financial companies (NBFC) are expected to regain their niche after a
‘Don’t demonise informal economy, that is where India’s real economic progress is’ – The Financial Express
India’s informal economy is 90 per cent of the overall economy and this proportion has remained the same in the last 50 years. India is
Economic growth in 2020 will be higher than in 2019; here are key reasons – The Financial Express
The rise in India’s ease-of-doing business ranking to 63 from 139 is raising FDI, starting to attract China’s factory refugees and is taking foreign exchange
Tackling India’s economic slowdown – The Financial Express
By Ritesh K Singh and Steven R Padakandla India’s GDP growth has decelerated to 4.5% in the second quarter. Neither consumption nor export and private
Increasing the efficacy of monetary policy | Business Standard Column
Another inflation data point has been released with the inflation rate climbing once again. And as expected, commentators are invoking the “stagflation” ghost. Meanwhile, the Reserve Bank of India
Governance by diktat, in an echo chamber | Business Standard Column
The first rule of governance in India is that the people’s representatives will stop listening to the people the moment they acquire power. The second
FM must slash income tax rates, only way to stimulate demand – The Financial Express
Vikram Kirloskar’s advice to the government that personal income tax (PIT) cuts can wait and that it should focus on other areas comes as a
What should be focus of next Budget?–Economic Times
As Budget-making for 2021-22 gets underway, it is useful to think what the principal focus of the Budget should be. Former chief economic adviser Arvind
Some good news on economic front | [ Recovery–IBC 2016 ]–Deccan Herald
Arcelor Mittal, the world’s largest steel conglomerate, announced the Rs 42,000-crore acquisition of Essar Steel through the insolvency and bankruptcy resolution process. After a tortuous
India will emerge stronger from economic slowdown: PM Modi–Deccan Chronicle
Indian will emerge stronger from an economic slowdown, Prime Minister Narendra Modi said in a speech on Friday, reassuring investors about their long-term bets on
India’s growth numbers unpleasantly surprising: IMF chief Gita Gopinath speaks at alma mater – The Financial Express
While it was anticipated that India’s growth will slow down, the current numbers come as a shocker with a sharp decline in both investment and
Govt asks tax officials to identify, book tax evaders through data analytics – The Financial Express
To genuine taxpayers who have mistakenly missed out some information in their tax return, tax authorities have provided them an opportunity to submit their revised
Indian economy is going through a correction process: Tata Sons chairman – The Financial Express
On the fear of machines replacing human beings In general, whenever there has been a technology disruption, it has dramatically increased the market opportunity and
Sound decision to not raise GST rates–Economic Times
The Goods and Services Tax (GST) Council’s decisions, one, not to tinker with the GST rates despite the revenue shortfall and, two, to fix a
Budget should look to push rural demand, not reduce I-T rate: Economists | Business Standard News
The economists were divided on India’s decision to not join the RCEP, with some calling it a mistake and others saying India does not have
The unmaking of a Budget | The Indian Express
Budget Day is more important to a finance minister than her/his birthday. Making a budget for the country is a memorable and monumental task. In
Gita Gopinath asks India to stick to fiscal consolidation as Q3, Q4 recovery could be lower–The Print
The Indian economy’s recovery in the third and fourth quarter of this fiscal may be lower than expected if one goes by the high frequency
Now, states could miss their fiscal deficit targets as slowdown hits finances–The Print
India’s sharp slowdown is endangering the fiscal deficit targets of its states, threatening to unravel progress made over the past few years and driving borrowing
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