With slower pace of resolution of bad loans, banks are staring at a spike in their credit cost, which is set to rise in the range of
Category: Economy
Corporate tax cut: India sends up the monetary helicopters but will the gamble work?
By Andy Mukherjee India is making a second big fiscal gamble. The first – a switch from sales to consumption taxes – has failed to
Stimulus will take GDP growth to over 7.5% in second-half: NITI Aayog chief – The Economic Times
“The lowering of MAT will once again make SEZs a preferred place for export-oriented units. I am sure therefore that units already in SEZs will
Forget 8% growth, but expect recovery in H2 and also next year: Pranjul Bhandari, HSBC – The Economic Times
Highlights By our own estimates, fiscal deficit could go up to about 3.7% of GDP and on the back of this fear, we had the
Economic slowdown due to structural changes: Amit Mitra – The Economic Times
The collapse of IL&FS crippled the NBFC sector which is now facing huge liquidity crunch. West Bengal Finance Minister Amit Mitra on Monday said that the current
Beware dollar glut, not fiscal deficit–Economic Times
Finance minister Nirmala Sitharaman has ruled out any expenditure cuts following the recent tax giveaways. This is welcome. Lower spending would be the wrong policy
Blackstone Group: Lower rates not effective way to stimulate growth: Stephen A Schwarzman Cofounder, Blackstone Group
“No one is a born manager. Managing is a learned skill.” US President Donald Trump‘s go-to-guy on Wall Street for talking to Beijing is known as
Government expects Rs 40,000 crore GST shortfall – The Economic Times
The government is expecting a shortfall of around Rs 40,000 crore in the GST collections over what has been budgeted for 2019-20. This could put pressure on
Structural reforms in agri,exports must to revive growth: Amitabh Kant – The Economic Times
WASHINGTON: Call it the art of the minideal. The Trump administration is on the cusp of announcing a new trade deal with India, potentially within the next
Corporate tax rate cut may not help much to boost economy; Macquarie tells what govt could have done – The Financial Express
The economic growth has fallen to a six-year low of 5 per cent in the June quarter of fiscal year 2020. Even as the government
After the tax cut | Business Standard Editorials
Union Finance Minister Nirmala Sitharaman surprised everyone on Friday by slashing the corporate tax rate. Indian companies not availing of any exemption can now pay 22 per cent tax.
Over half the SME universe in the red: Here’re the top losers since 2012 | Business Standard News–
One in every two small and medium enterprises (SMEs) listed on the SME platform of exchanges since 2012 is trading in the red. On Thursday, the BSE
Houston rally of Modi and Trump signals areas of strategic convergence–Times of India
The extraordinary rally yesterday in Houston, US, which was addressed by both Prime Minister Narendra Modi and US President Donald Trump, signalled the path ahead
Booster shot: Corporate tax is cut; now cut personal taxes–Times of India
The headline corporate tax rate was cut yesterday through an ordinance by eight percentage points, to 22%. It’s a bold step that seeks to unleash
How the Corporate tax cut and GST cuts will impact the economy | The Indian Express
On Friday, Finance Minister Nirmala Sitharaman made two important announcements- one that corporate tax rates would be slashed and the second, GST rates for certain
Explained: India’s GDP at a 6 year low and bank mergers | The Indian Express
Explained: India’s GDP at a 6 year low and bank mergers Weak manufacturing and consumption numbers dragged the country’s GDP growth to a six year
High growth cannot be sustained till India makes adequate investments in infrastructure | The Indian Express
NSS employment data shows that the shares of agriculture, industry and services in total employment were 44 per cent, 25 per cent and 31 per
The government’s corporate tax move is bold. But there is a fiscal risk | Opinion | analysis | Hindustan Times
The success of the move depends on the government’s approach to tax administration; its management of public finances; the other steps it takes to address
Economy–India Today
We have made a start. Even diehard optimists, till recently in denial of the sobering reality of an economic slowdown, have seen it writ large
Economy doesn’t need fiscal stimulus to tackle slowdown: CEA – Business News–India Today
Chief Economic Advisor (CEA) K. Subramanian on Thursday said the Indian economy does not need a fiscal stimulus to tackle the ongoing economic slowdown. Speaking
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