In order to boost the country’s sagging economy, the Reserve Bank of India’s (RBI’s) monetary policy committee, holding its fifth bimonthly meeting from Dec 3
Category: Economy
Slowdown effect? As capital goods orders dry up, Pune’s MSMEs falter | Business Standard News
Chandrakant Kumbhar, a resident of Dehu, a small town near Pune’s industrial cluster, has lost his job twice in the last three years: first, in
Letter sent to states: GST Council rings first alarm bells on revenue | Business News, The Indian Express
Some state finance ministers are scheduled to meet Union Finance Minister Nirmala Sitharaman on Wednesday to discuss the GST compensation dispute. In its first admission
Health of MSMEs worsens despite govt measures- Business News
While the government is making efforts to improve the state of Micro, Small and Medium Enterprises (MSMEs) with ‘loan melas’ and a slew of other
Amazon: Amazon and Walmart face the ire of 70 million Indian shopkeepers – The Economic Times
By Ari Altstedter In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.
Government aims to generate additional 5 crore job opportunities in MSMEs sector – The Economic Times
Micro, small and medium enterprises (MSMEs) have created 11 crore jobs and the target is to generate an additional 5 crore employment opportunities by 2024, Union Minister Nitin
Fast and Loose Do Not Gel With Bullet Trains–Economic Times
Chief minister Uddhav Thackeray would do himself, his state and the nation a massive disservice, if he were to cancel major economic projects merely because
The road ahead: Government must fix the financial sector to reverse economic decline–Times of India
India’s gross domestic product in the July-September quarter grew 4.5%, the slowest pace of quarterly growth since the beginning of 2013. This was the sixth
Markets at a high, economy at a low | Business Standard Column
Whenever I meet people involved with the real economy, they simply cannot understand how markets can be hitting new highs, when the economy is in
The third quarter could be worse | Business Standard Column
A large number of lead indicators tell us that the Indian economy is sinking further into mire. The fall in real GDP in the quarter
Economy witnessing death of demand: Yashwant Sinha | Deccan Herald
India’s economy is in a “very deep crisis”, witnessing “death of demand”, and the government is “befooling people” by its “brave talks” that the growth
हमारा मिजाज! | लोकसत्ता
उद्योगपतींमध्ये भीतीचे वातावरण असल्याचे उद्योगपती राहुल बजाज यांनी बोलून दाखवले, त्याआधी माजी पंतप्रधानही तसे म्हणाले; त्यावर ‘आम्ही पारदर्शक आहोत.. भिण्याची गरज नाही’ असे उत्तर मिळाले
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