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Category: Economy
GST collection crosses Rs 1 lakh crore target in November after 3 months; second highest in FY20 so far – The Financial Express
The jump in the collection came amid the government taking a slew of measures in the last few months to boost growth. After missing the
Government to spend Rs 100 lakh crore on infrastructure projects: Nirmala Sitharaman – Times of India
The government will frontload investments under its five-year plan to spend Rs 100 lakh crore on infrastructure by announcing investments in 10 projects by December
View: Fiscal stimulus not enough, monetary easing needed to revive growth – The Economic Times
Money will come. And it will stay invested, provided growth picks up. But that will happen only if the government steps into the breach, reverses
Bring tax clarity to export of services–Economic Times
The needless uncertainty faced by India’s business process outsourcing industry, also called the information technology enabled services (ITeS), must end. The GST Council needs to
Monetary policy that stabilises | Business Standard Column
The lever of monetary policy can be a force for destabilisation. When the economy faces new difficulties, the forecasted inflation rate declines. If the policy rate does
Climate of fear stifling economy: Manmohan Singh | Deccan Herald
On a day when GDP figures showed a sharp decline, former Prime Minister Manmohan Singh hit out at the Modi government for a creating a
GDP growth: Unless credit flows to industry revive quickly, it’s hard to see any pickup – The Financial Express
At a time when the economy is slowing, it is only to be expected that tax collections, too, will slow. At 6.1% year-on-year, the growth
Severe slowdown: When will the Indian economy recover and how? – The Economic Times
For the government, the low Q2 GDP growth numbers should be a clear sign it is time to go full throttle to put the economy
Dip in GDP growth: Find ways to boost demand, and reassure the finance sector – editorials – Hindustan Times
India’s GDP grew by 4.5% in the three months ending September, the lowest since March 2013. It highlights the current economic crisis, created by factors
This is India’s first ever slowdown at a time of political as well as macroeconomic stability | The Indian Express
Sharp and protracted economic slowdowns aren’t new to India. Since Independence, there have been at least eight episodes of significant GDP growth rate declines over
View: A three-point guide for India Inc to survive slow growth – The Economic Times
By Christo Popov Many CEOs should be wringing their hands about the latest figures released by the government on Friday that show GDP grew 4.5%
Japan won’t sign RCEP if India doesn’t join – The Economic Times
By Isabel Reynolds Japan is not considering signing a Chinese-backed regional trade pact without India, the top Japanese negotiator said Friday, ahead of a series
Fiscal deficit for April-Oct at 102.4%, crosses full year target – The Economic Times
The country’s fiscal deficit hit 102.4 per cent of 2019-20 Budget Estimate at Rs 7.2 lakh crore at the end of October, government data showed on Friday.
FM Nirmala Sitharaman’s remarks on economy disappointing in extreme: Yashwant Sinha – The Financial Express
Sinha said the root cause of the current economic crisis is “death of demand” in the country. Former Union minister Yashwant Sinha on Friday termed
Don’t waste this crisis: There’s no more room to ignore bad economics | Business Standard Column
The gross domestic product (GDP) growth numbers for the July-September quarter, the lowest in 26 quarters, are no surprise. Most analysts had — belatedly —
Rising fiscal fears | Business Standard Editorials
Notwithstanding Union Finance Minister Nirmala Sitharaman’s spirited defence of the government’s economic performance on Wednesday, the fiscal position of both the Central and state governments
Not through bonds, only cash, says C Rangarajan on banks recapitalisation – The Economic Times
Former RBI governor C Rangarajan on Friday suggested that recapitalisation of banks should be done through by infusing cash rather than issuing Bonds, as he cautioned that
For Innovative Fiscal Policy, Action–Economic Times
The Q2 growth numbers are remarkable in that nominal growth stands at 6.1%, about half the assumed growth rate for the economy in the Budget,
Transparency needed: RBI & EC’s concerns about the opaqueness of electoral bonds should be addressed–Times of India
The government opened up a controversial route for political funding in 2017, with the introduction of electoral bonds. Their genesis is back in the news,
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