In fact, telecom instrument imports dropped almost 15% up to February in FY19, against an almost 17% rise in the entire FY18. India’s electronics imports
Category: Economy
Indian consumers face post-election fuel price shock, economy could be hit – The Economic Times
Surging global oil prices will pose a first big challenge to the new government, whoever wins an election now under way, especially as domestic prices have been
GDP growth may top 7 per cent this fiscal, says CEA Krishnamurthy Subramanian – The Financial Express
On difficulties being faced by more non-banking finance companies (NBFCs), he said the government is aware of the matter and would initiate steps at the
Data on jobs, GDP being analysed with a new set of proxies: CEA – The Hindu BusinessLine
Pointing out that the country is moving towards data-based governance, Chief Economic Advisor Krishnamurthy Subramanian on Wednesday underscored the importance of data integrity for achieving
NYAY’s impact could be much wider than expected | editorials | Hindustan Times
Congress president Rahul Gandhi and other leaders have been talking about NYAY being a policy to re-monetise the economy. In principle, there is nothing wrong
India must complete its reform process in next five years: Arvind Panagariya – The Economic Times
India must focus on growth of labour-intensive sectors to create decent jobs for the masses as well as give “serious thought” to privatising the public sector
Nyay scheme will help restart ‘economic engine’: Ex-PM Manmohan Singh – The Financial Express
Former prime minister Manmohan Singh Saturday claimed the Congress’ ‘Nyay’ minimum income guarantee scheme will not result in any new taxes and help restart the “economic
Jobs in India: The challenge of creating more employment – The Financial Express
By Anjali Tandon Job creation has been a preoccupation with policymakers for long. The lacklustre performance of Indian manufacturing has prevented the absorption of labour
Is the US economy heading for a slowdown? – The Hindu BusinessLine
“Recession is so far in the distance I can’t see it,” White House Chief Economic Advisor Larry Kudlow said late last year. Just 11 years
NYAY to be implemented without additional taxes on middle class: Manmohan Singh – The Hindu BusinessLine
India’s nearly $3 trillion economy has the fiscal capacity to absorb the expenditure to fund NYAY, the minimum income support scheme promised by Congress Party,
Modi promises ₹50-lakh loan without collateral, welfare board for traders – The Hindu BusinessLine
Prime Minister Narendra Modi on Friday promised traders ₹50-lakh loan without any collateral, credit card facility and a pension scheme for small shopkeepers as he
RBI minutes: MPC members divided over interest rate cuts, RBI minutes show – The Economic Times
Weakening of domestic growth impulses and global slowdown prompted RBI Governor Shaktikanta Das to vote for a 25 basis points cut in interest rate announced earlier this
RBI Monetary policy: RBI inflation goals need to be reviewed: PM’s adviser–Economic Times
By Archana Chaudhary India’s new government should review the central bank’s inflation goals, including whether consumer prices or the underlying core measure is the appropriate
No career growth? Move to Pune for better job prospects; check other best cities to work – The Financial Express
A worrying trend often seen in India is dissatisfaction from the current job due to lack of growth. If you are also one of them,
When you are done with elections, review how RBI sets inflation target, says Modi’s economic advisor – The Financial Express
India’s new government should review the central bank’s inflation goals, including whether consumer prices or the underlying core measure is the appropriate target to use
RBI governor cites weak investment demand as reason for 25bps rate cut – The Financial Express
With the inflation outlook looking benign and headline inflation expected to remain below target in the current year, it becomes necessary to address the challenges
RBI–Rate or stance? | Business Standard Editorials
Reserve Bank of India (RBI) Governor Shaktikanta Das stoked a debate last week when he urged central banks across the world to think “out of
CBDT identifies 20.4 million non-filers, asks I-T dept to take action | Business Standard News
The Central Board of Direct Taxes (CBDT) has directed the Income-Tax Department to initiate penalty proceedings by June 30 against non-filers and ‘drop filers’ of tax returns.
The exports puzzle – The Hindu BusinessLine
It’s a statistical conundrum. Exports in March 2019, at $32.6 billion, were not just up 11 per cent year-on-year, but also capped a 9 per
Raghuram Rajan: Protectionism doesn’t really help preserve jobs: Raghuram Rajan–Economic Times
Rajan stressed that the reality is that trade while typically beneficial overall, has a distributional impact creating winners and losers. Protectionism does not really help preserve jobs and
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