India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a top government economic adviser said
Category: Economy
Bad loan crisis: View: Grab what you can in India’s bad loan melee–Economic Times
By Andy Mukherjee Snatch-and-grab is the new hallmark of Indian finance. As a banker friend in Mumbai put it to me only half-jokingly, a unit
India Economy | The Sitharaghuraman show: Dear FM, economy needs corrective action, not blame game–Economic Times
By Mythili Bhusnurmath Former RBI governor Raghuram Rajan has a rare knack for wading into controversy, whether in office or out of it. Appointed by the UPA government, he
Brexit basics: What is Brexit and why does it matter? – The Economic Times
The United Kingdom is due to leave the European Union at 2300 GMT on Oct. 31. Below is an explainer of the Brexit basics: BREXIT? A blend
Tackling the rural credit squeeze–Economic Times
All the king’s horses and all the king’s men couldn’t put Humpty Dumpty together again. Little children are not given, after merrily elocuting the irreversibility
Export or stagnate: There is no substitute for export-led growth, decline indicates economy losing steam–Times of India
The global economy is currently in the midst of a synchronised slowdown, with almost all major economies losing momentum. An important cause of this slowdown,
RBI monetary policy panel’s worries about growth signals more rate cuts | Business Standard News
The Reserve Bank’s Monetary Policy Committee (MPC) was unanimous in its view that a deepening economic slowdown is worrying enough to keep interest rates low
The present economic crisis is worse than 2008 recession: Goldman Sachs | Business Standard News
The consumption slump, a major challenge afflicting the economy, cannot be attributed to the NBFC crisis as it predates the first default by infra lender
Regulator, auditor should be held responsible for frauds in banks, says MoS Finance Anurag Thakur – The Financial Express
The regulator, auditor and management should be held responsible for fraud in Punjab and Maharashtra Co-operative Bank or other banks, Minister of State for Finance
Credit demand in the economy is still pretty okay, says CEA Subramanian – The Economic Times
n the long run, the fundamentals remain unchanged and therefore we will be back to the growth rate that we deserve to be at, in
Housing sales down 25%, new launch dips 45% across 9 cities in Jul-Sep | Business Standard News
Housing sales declined 25 per cent in nine major cities to 65,799 units during July-September quarter, while new launches fell 45 per cent as consumers sentiments
Guarding the financial system | Business Standard Editorials
Reserve Bank of India (RBI) Governor Shaktikanta Das is reported to have been questioned by the central bank’s board members about frauds in the banking system.
नोबेलमागची गरिबी–लोकसत्ता
आता सरकारने अभिजित बॅनर्जी यांच्या संशोधनाचीही मदत घ्यायला हवी.. विद्यार्थी आंदोलनात तिहार तुरुंगवास सहन करावा लागलेल्यास नोबेल मिळू शकते हे सप्रमाण सिद्ध केल्याबद्दल देशातील तमाम
Economic growth in a critical phase, time to worry if contagion from financial sector to the real sector is spreading – The Financial Express
One can quibble about the statistical finesse of this simplistic assessment, but the trend slowdown is unmistakable. News on weak domestic economic activities continues. Judging
If GDP growth is down, GST mop-up will be hit: Ajay Bhushan Pandey | Business Standard News
mid expectations that personal income-tax (I-T) rates would be cut soon, revenue secretary Ajay Bhushan Pandey tells Dilasha Seth and Indivjal Dhasmana that these decisions are usually taken at the time
India’s fuel demand dips to lowest in over two years in Sept: Govt data | Business Standard News
India’s fuel demand slipped to its lowest in over two years in September after a fall in diesel and industrial fuel consumption negated the rise
Slowing credit growth puts economic revival hopes on shaky ground | Business Standard News
Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of India (RBI) data shows, as slowing domestic consumption
Lending to small units fell in Q1, says MSME report – The Hindu BusinessLine
Credit risk is building in auto MSMEs, says Pulse report There was a marked slowdown in commercial credit growth in the quarter ending June 2019
Revise fisc numbers in the wake of slowdown – The Hindu BusinessLine
Centre must acknowledge the impact of the slowing growth and take corrective actions Following the Reserve Bank of India’s revision of India’s GDP growth for FY20
Fundamentals of economy ‘very very strong’: CEA – The Hindu BusinessLine
Chief Economic Advisor KV Subramanian on Wednesday called upon the industry to start making investments, stressing that the fundamentals of the economy are “very very
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