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
Category: Economy
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
No Tata Nano production in first 9 months of 2019, just 1 unit sold – The Economic Times
Tata MotorsNSE -1.80 % has not produced a single unit of its entry-level car Nano in the first nine months of 2019 but sold just one
With GST compensation cess falling short, states may agree to raise rates at the lower end – The Financial Express
Even if the Centre guarantees a 14% growth in state GST revenues for another five years, in case the compensation cess falls short, the states
Imbalances in the fiscal deficit debate | Business Standard Column
As someone who introduced the concept of fiscal deficit for the first time in the interim Budget of 1991 and later as finance minister in the Vajpayee
A new fix for economic decision-making | Business Standard Column
Well into its sixth year of rule at the Centre, the Narendra Modi-led government’s economic policymaking style reveals a trend that is as problematic as
Trucking industry in need of a lifeline, not just GST rate cut, say players – The Hindu BusinessLine
‘Only an all-round recovery of the economy can revive demand’ Even as the auto industry clamours for fiscal relief in the form of a GST
Jairam Ramesh targets PM Narendra Modi citing new demonetisation study – The Economic Times
A new study has claimed that demonetisation hit economic activity by 2-3 percentage points, bringing reduction in jobs and contraction in bank credit. Citing a
Doesn’t make sense to let go MAT credits: Vedanta’s Pallavi Joshi Bakhru | Business Standard Column
Doesn’t make sense to let go MAT credits: Vedanta’s Pallavi Joshi Bakhru Pallavi Joshi Bakhru, group head taxation, Vedanta Limited, the metals-cum-mining conglomerate, explains why
Govt needs to focus on lowering Cost Of Doing Business – The Financial Express
The CostOfDoingBusiness includes the cost of capital, the risk of policy changes, the government not honouring contracts, etc The Cost of Doing Business (CoDB) which
Dire need to revisit deposit insurance coverage, says SBI report – The Hindu BusinessLine
The current upper limit of ₹1 lakh per depositor has outlived its shelf life, and there is a need to revisit it, says the report. There
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