Prime Minister Narendra Modi exercised sound political judgement in deciding to keep India out of the Regional Comprehensive Economic Partnership or RCEP, right in the middle of the Bangkok
Category: Economy
Financial crunch due to Centre’s failure to release GST dues–Deccan Chronicle
Thiruvananthapuram: Kerala Finance minister Thomas Isaac on Tuesday said the state government had failed to receive its share of the Goods and Services Tax (GST) dues
Slump or slowdown? Answer to that question isn’t particularly relevant. Faster growth is the only thing that matters–Times of India
Anurag Thakur, minister of state for finance, observed in Lok Sabha this week that India is the fastest growing major economy in the world. He
Asia Economy: Fiscal stimulus needed to revive India’s stuttering economy: Analysts–Economic Times
India has depended on monetary policy to support its economy growing at its slowest pace in six years but the government must now deploy more direct fiscal stimulus or
For more vigorous bond market steps–Economic Times
The development of an active and liquid corporate bond market is crucial for transparent and efficient financing of business and industry, particularly infrastructure projects. India
The jobs crisis worsens | Business Standard Column
India’s large and growing working age population, currently numbering close to a billion, is her greatest potential resource for rapid and sustained economic development. Sixteen
Biggest drop in power demand makes Indian banks’ bad debt headache worse | Business Standard News
The biggest drop in India’s electricity demand in at least 12 years is hindering efforts of Indian lenders to recover a pile of loans to power producers
Niti Aayog looking at providing middle class with health cover | India News – Times of India
Highlights Government think tank NITI Aayog has suggested “consolidation” of healthcare services and providers to reduce health expenditure and improve access In a new report
With the economic centre of gravity shifting to states, India’s growth hinges on cooperative federalism. | The Indian Express
India’s prospects, including our aspiration for a -trillion economy, depend on the Centre and the states working together. In the World Bank’s Ease of Doing
People from many industries are coming to us and saying they are out of distress: Nirmala Sitharaman – The Economic Times
The government’s measures are beginning to show results, finance minister Nirmala Sitharaman tells Sidhartha, Surojit Gupta & Rajeev Deshpande in an exclusive interview. Bank balance sheets are
What should monetary policy do? | Business Standard Column
From the viewpoint of the accountability of the Reserve Bank of India (RBI) to Parliament and the public, it makes sense to focus on year-on-year
Tough call for RBI | Business Standard Column
Most available data points suggest that GDP growth slowed further during July-September 2019. The State Bank of India (SBI) says that out of 26 indicators
MSME ministry likely to streamline existing schemes for better results | Business Standard News
The government is drawing up plans to streamline existing schemes for micro, small, and medium enterprises (MSMEs), with an aim to combat liquidity crisis, low
The sharing and renting economy sees a bloom amidst the slowdown – The Economic Times
In uncertain times, sharing rather than owning makes for a compelling proposition. Why buy a house or a car, or furniture or home appliances, or
RCEP: Why India should not succumb again to the export pessimism of licence raj days – The Economic Times
By Nayan Chanda “Are you from India?” my auto-rickshaw driver in Phnom Penh asked. “This tuk tuk is made in India, it’s very good,” he
Current Economic Slowdown Episodic Says N K Singh – BW Businessworld
Finance Commission Chairman N K Singh on Friday said the current economic slowdown is episodic and expressed hope that sluggishness will not continue for long.
Nirmala Sitharaman rules out quick recovery for Indian economy – The Economic Times
The government has unveiled a series of measures, including a cut in the corporate tax rate to 15% and a Rs 25,000 crore special window
MSMEs: Desist from passing the MSME Amendment Bill: Swadeshi Jagran Manch – The Economic Times
“Nowhere in the world we find the definition of MSMEs based purely on turnover, except for a few areas in the US,” said Ashwini Mahajan,
Policies framed to create 5 crore jobs in MSME sector: Nitin Gadkari – The Financial Express
Union minister Nitin Gadkari on Friday said the Centre has designed policies to generate five crore jobs in the Micro, Small and Medium Enterprises (MSME)
Why India needs to rethink its decision to opt out of RCEP – The Economic Times
By Devashish Mitra After negotiating for about seven years, India decided to opt out of the Regional Comprehensive Economic Partnership (RCEP) earlier this month. One argument used
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