The slowdown in three sectors – automobiles, cement and iron & steel – along with falling imports have taken a toll on GST collections, even as the
Category: Economy
‘Suit-boot ki sarkar’ taunt made tough for govt to undertake corporate tax reform, says Arvind Subramanian – The Financial Express
“I don’t want to go into all the personal angles here. But looking back I realise that the taunt of ‘suit, boot ki sarkar’, that
India fiscal deficit: India’s fiscal deficit ‘conceals’ a lot, warns Raghuram Rajan–Economic Times
Rajan has often expressed concerns about the excessive centralisation of power in political decision-making in the country. India’s fiscal deficit ‘conceals’ a lot and is
Raghuram Rajan bats for Atal Bihari Vajpayee model of governance | Business Standard News
Former Reserve Bank of India (RBI) governor Raghuram Rajan has partly blamed a lack of “persuasive” vision and too much centralisation of power under the current government
The key to Indian economy is in better wages for the masses–Economic Times
By Pradeep S. Mehta and Abhishek Kumar As per the latest World Economic Forum’s Inclusive Development Index, India ranked at a low 62nd out of
Fiscal slippage, if it propels growth, is good: SBI Chairman – The Economic Times
Rajnish Kumar, SBI Chairman The Indian economy needs a boost and a slip in the fiscal deficit by 40 to 50 basis points will be
Govt will miss fiscal deficit target of 3.3%: Bibek Debroy – The Economic Times
Bibek Debroy, Chairman of the Prime Minister’s Economic Advisory Council, has said in an interview to Karan Thapar that the government will miss the fiscal deficit target of 3.3
India’s fall on the competitiveness index is a reminder of its failings – The Hindu BusinessLine
Although India has made gradual progress on some of the counts, the pace of change needs acceleration if the country is not to backslide Competing
India’s fall on the competitiveness index is a reminder of its failings – The Hindu BusinessLine
Although India has made gradual progress on some of the counts, the pace of change needs acceleration if the country is not to backslide Competing
India Economic Growth: Credit woes in India seen pressuring Modi to take more action–Economic Times
By Rahul Satija A $20 billion tax cut and the lowest borrowing rates in almost a decade may not be enough to bolster the credit
The evaporating credit flow to India’s businesses from banks and NBFCs – The Hindu BusinessLine
The RBI needs to shift focus from rate transmission to confidence-boosting measures on industrial debt, that can revive bankers’ risk appetite In recent months, there’s
Revenue crunch prompts govt to consider GST rate hike on low-tax products | Business Standard News
The finance ministry, faced with a steep revenue collection target for 2019-20, is exploring whether the goods and services tax (GST) can be imposed on
Realtors in bankruptcy court double in past year – The Economic Times
The number of property developers who have been dragged to the bankruptcy court has more than doubled in less than a year as a prolonged slump in
Global Economic Slowdown: Effect of global ‘slowdown’ is ‘more pronounced’ in India: IMF chief
The International Monetary Fund (IMF) has flagged a “more pronounced” slowdown in India as it called for a coordinated fiscal response to arrest the “synchronised slowdown in
Corporate tax cuts and growth | Business Standard Column
On September 20, Finance Minister Nirmala Sitharaman announced major changes in the structure of taxation for large Indian companies: The basic rate of company income tax was
The evaporating credit flow to India’s businesses from banks and NBFCs – The Hindu BusinessLine
The RBI needs to shift focus from rate transmission to confidence-boosting measures on industrial debt, that can revive bankers’ risk appetite In recent months, there’s
auto companies: Slowdown-hit auto firms headed for another disappointing quarter – The Economic Times
Kotak Institutional Equities expects M&M’s net profit to decline by around 29.4 per cent in September quarter on the back of a 11.3 per cent
Shaktikanta Das: RBI may again consider cutting rates at next MPC meet: Guv Das – The Economic Times
RBI Governor Shaktikanta Das has said till the growth is revived, the RBI will continue to remain in an accommodative mode and therefore a conclusion on what is the minimum repo
Business financing drops by 87% in April-September – The Economic Times
While bank credit numbers have been weak in FY19, broader data released by the Reserve Bank of India (RBI) shows that financing of business shrunk 87% in FY20 up
New IMF chief Kristalina Georgieva says world suffering ‘synchronized slowdown’ – The Economic Times
Kristalina Georgieva, who this month took over leadership at the IMF from Christine Lagarde amid rising concerns about the world economy, called on global leaders
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