By Arvind Panagariya In what is arguably one of the boldest reforms in the last 20 years, finance minister Nirmala Sitharaman has cut the effective tax rate on corporate
Category: Economy
Nirmala Sitharaman urges big firms to clear Rs 40,000 crore MSME dues – The Economic Times
Finance minister Nirmala Sitharaman has said banks have sufficient liquidity, and efforts are being made to ensure that large firms clear their dues to the micro, small
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State of Indian economy: Q2 GDP could be worse – The Financial Express
The offtake of loans by individuals, too, is slowing because incomes are growing slowly and consumer confidence is low. Given the sluggish loan growth, contracting
A prize for evidence-based policy | Business Standard Editorials
For the second time in five years, the Royal Swedish Academy of Sciences has awarded the Nobel Memorial Prize in Economic Sciences to researchers in
September exports repeat decline, contract by 6.5% to reach 3-month low | Business Standard News
Exports in September contracted for the third time in the first six months of the current fiscal year, with trade decline plaguing all major foreign
Trade war to cut global growth to lowest since financial crisis a decade ago: IMF – The Economic Times
The US -China trade war will cut 2019 global growth to its slowest pace since the 2008-2009 financial crisis, the International Monetary Fund warned on
Systemic reform, not moral suasion–Economic Times
Is moral suasion the best way to solve the problem of large firms forcing their small-scale suppliers to give them free credit, even as the
Fix the rot in these 3 economic drivers to reverse the slowdown: View – The Economic Times
By Uma Shashikant Slowdown is the word on every lip. Numbers are tumbling out, showing consumption is dropping and businesses are not making fresh investments. While
Note ban | Abhijit Banerjee: The economist who warned India of note ban pain–Economic Times
Banerjee and his wife Esther Duflo have jointly authored ‘Poor Economics’ to impress upon the effectiveness of solutions to global poverty using an evidence-based randomized
PSB Bank loans: State-run banks disburse Rs 81,700 crore through ‘loan melas’-Economic Times
The demand in the camps was robust and the secretary said that all the PSBs are maintaining their regulatory capital levels. State-run banks disbursed Rs 81,781
Exporters draw DRI wrath for alleged GST violations – The Economic Times
The government’s decision to ban onion exports and impose stock limits may have arrested the steep rise in prices of the essential vegetable, but experts feel it’s
India slipping on global competitiveness index is worrisome – The Financial Express
India sliding 10 places in the global competitive index is a problematic trend, but, as argued by this paper earlier (bit.ly/314xAsb), it is the cost
World Bank says slowdown in India is severe, cuts GDP forecast to 6% | Business Standard News
The World Bank cut India’s economic growth forecast by the most among South Asian nations on Sunday, below the outlook pegged by the nation’s central bank for
Half of world’s female entrepreneurs are denied funding; a third faces gender bias from investors – The Financial Express
Investment pitches by a whopping 50 per cent of female entrepreneurs globally are denied funding from investors, claimed a report by HSBC Private Banking surveying
RBI exercising forbearance on MSME lending as small business loans are in trouble, says Raghuram Rajan – The Financial Express
According to a report by CIBIL, the outstanding MSME credit went up to Rs 25.2 lakh crore at the end of 2018 up from Rs
We need to improve the tight credit situation: NITI-Aayog VC – The Hindu BusinessLine
Low credit-to-GDP ratio, perhaps, implies the banking sector is unable to meet the economy’s credit needs: Rajiv Kumar “Talk of recession is completely misplaced,” Rajiv
Is there a case for a strong rupee? – The Hindu BusinessLine
Growth with stability, not external intervention, will put the rupee in a ‘sweet spot’ to help India become a $5-trillion economy The Modi government has
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