As if all the bad news from the domestic economy were not enough, foreign trade data suggest worrisome trends on the external front as well.
Category: Economy
India needs a few mega banks to compete globally: CEA Krishnamurthy V Subramanian – The Economic Times
The Finance Ministry has been saying that India needs fewer and mega banks. Batting for PSU banks’ consolidation, Chief Economic Advisor Krishnamurthy V Subramanian has
Getting credit flows back will be next government’s challenge – The Financial Express
Banks have now been cleaning up their balance sheets for close to three years after the asset quality review process started in 2016. It was
Don’t drag India into US-China trade war – The Financial Express
By Atman Trivedi First China. Now India? In recent months, US president Donald Trump has made clear that the trade war will reach beyond the
An under-performing economy makes a very fertile ground for populism | Business Standard Column
Once the dust raised by the elections has settled, a new government will have to deal with the economic slowdown. The issue to focus on
Is China manipulating its currency? | Business Standard Column
United States President Donald Trump has often been critical of China for weakening its currency, the yuan, which helps Chinese exporters. Even after assuming charge as president Mr Trump has called China “the
India must correct the imbalance arising from financial exclusion | analysis | Hindustan Times
With the aim of achieving economic growth, various initiatives were undertaken, both by the public and the private sector, to bring large swathes of the
Exports weak, again | Business Standard Editorials
The official data on India’s balance of trade for April has been released, and it makes for disquieting reading. While exports may have grown in April as
Game of brinkmanship – The Hindu BusinessLine
What started off as a trade war between the US and China is rapidly hurtling towards a Cold War kind of clash, with President Trump
Growth slowdown needs policy attention – – The Hindu BusinessLine
With industrial growth, private consumption and investment sputtering in the last leg of 2018-19, the new government has its task cut out: pulling the economy
gdp data row: NDA govt’s growth figures are a sham: P Chidambaram – The Economic Times
It is now in the public domain that the MCA data is full of holes. NSSO has found that 35% of the companies in the
Bimal Jalan: After elections, set up a body to audit how data was calculated: Bimal Jalan – The Economic Times
One of the big issues facing the Indian economy is that of data credibility. This is the second time around that we have seen the NSSO data being
More questions on GDP | Business Standard Editorials
Indian official data for both employment and output has increasingly begun to be questioned both internally and internationally. This concern began to be expressed first
‘Dodgy GDP numbers’ rattle markets; stocks go into free fall – The Hindu BusinessLine
Economic woes, poor corporate show add to gloom Stock markets in India are coming to terms with the impending economic stress even as the initial
Danger signals on the world economy
Markets are down, not just in India but around the world, thanks to a fresh boost to trade tensions between the US and China, Iran’s
Narendra Modi: Could the single engine driving India crash? Yes, if you go by one of Modi’s top guys
Roy said that the 10 crore Indian consumers who have so far been powering the India’s growth story are now beginning to plateau out. Highlights
GDP data debate: Economists create own benchmarks as doubt on numbers stays – The Financial Express
The government itself has admitted there are deficiencies in its data collection. Economists and investors are increasingly showing that they have little or no confidence
With the demonetisation boost gone, reality check for tax regime – The Financial Express
Of the 6.68 crore e-returns filed for income tax in FY19, 6.49 crore were for FY18; hence the 19% growth claim. After analysts at Kotak
India needs to rework its US strategy – The Hindu BusinessLine
Thanks to Trump administration’s hardline stance on trade and Iran sanctions We’ve come a long way from when Prime Minister Narendra Modi arrived at the
India GDP: NSSO bomb shatters the calm on GDP front, new series data now under darker cloud–Economic Times
Statisticians said the use of untested database for computing such major data has cast doubts on the very reliability of India’s numbers regime. The contentious
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