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
Category: Economy
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
India’s appetite for petroleum fuels drops to 6-year low–The Print
India expects its oil consumption to expand at the slowest pace in six years as the economy sputters. The nation’s consumption of petroleum products in
A coherent blueprint: Revival of the economy depends crucially on the forthcoming Union Budget–Times of India
Economic data released last week highlights a new challenge policymakers face. October’s industrial output data showed a contraction of 3.8%, the third straight month of
No space for expansionary fiscal policy: Ex-CEA Arvind Subramanian – The Economic Times
“You can’t have too much expansionary fiscal policy but equally you can’t be crunching government demand at a time when the economy is weak and
Re-think GST: No economy can afford to persist with a failed tax experiment | Business Standard Column
The Modi government has rolled out an ambitious spending programme for building the transport infrastructure and the provision of various goods of value to ordinary
Puzzled why stock market is buoyant amidst slowdown: Arvind Subramanian | Business Standard News
Arvind Subramanian Expressing his confusion over a buoyant stock market amidst economic slowdown, renowned economist and former chief economic advisor (CEA) for government, Arvind Subramanian called for
Four things India’s economy needs right now – business news – Hindustan Times
The citizenship law is the leading cause for protests across the country, but research shows that economic distress and joblessness add to social unrest, especially
In 3 years, this Indian state saw crores of investment in its MSMEs; lakhs of jobs created – The Financial Express
Credit and Finance for MSMEs: MSME sector in Kerala has seen an investment of over Rs 4,500 crore and has created more than 1.80 lakh jobs
Govt’s bid to provide employment via MSME jobs portal fails to take off | Business Standard News
A jobs portal — billed by the government as a speedy way to get skilled youth employed by small businesses — has hit a persistent
It’s India’s ‘Great Slowdown’, economy headed to ICU: Ex-CEA Subramanian | Business Standard News
India is facing a “Great Slowdown” with its economy headed for intensive care unit primarily due to a “second wave” of the twin balance sheet
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