Reserve Bank governor Shaktikanta Das Tuesday underlined the need for sticking to the fiscal roadmap by adopting a commonly agreed expenditure code-based spending plan to
Category: Economy
Tragedies of the educated unemployed | Business Standard Column
The unemployment rate among those who had completed graduation or higher education (graduate+) has been rising steadily since mid-2017. During September-December 2018, the unemployment rate
131 CAs back Modi govt on economic data, question motives of scholars who criticised it–The Print
Days after 108 economists and social scientists accused the Narendra Modi government of altering or withholding unfavourable economic data, a group of 131 chartered accountants
Rupee: Dollar-rupee swap: RBI chief between a rock and a hard place – The Economic Times
By Andy Mukherjee Several theories explain why India’s new central bank governor took his boldest step yet. Little attention has been paid to the consequences.
Damned statistics produce bad policy–Economic Times
Ronald Coase, an economics Nobel laureate, quipped, “If you torture data long enough, it’ll confess to anything.” A group of 108 economists have written an
RBI’s $5 billion swap may be good move; but how will Shaktikanta Das convince US Fed? – The Financial Express
The RBI will buy billion from banks for its reserves by giving them rupees, and reverse the trade in 2022. Several theories explain why India’s
Economy–Slowdown signals | Business Standard Editorials
India’s largest carmaker, Maruti Suzuki, has reportedly cut production by 26.8 per cent in March 2018-19 because of a slowing demand in India’s passenger vehicle
Anaemic exports growth | Business Standard Editorials
According to the trade data released by the Union ministry of commerce on Friday, India’s trade deficit is at the lowest it has been for
In duty drawback, a readymade short-term gain for SMEs: CRISIL | Business Standard News
CRISIL expects the export incentives announced by the government in December 2018 to materially benefit the readymade garments (RMG) segment. In fiscal 2018, the segment housed about 37,400
“Up to one-third of existing jobs will be automated in next three yrs” – The Hindu BusinessLine
On the advent of artificial technology and rapid adoption of technology in the country, human resource professionals believe that one-third of existing job roles in
Don’t block data: India’s statistical system has been undermined which will adversely impact policy making–Times of India
Overdue data on jobs might be released by the end of this month. A group of 108 economists and social scientists observed last week that
Why Modinomics won’t draw votes for BJP – The Financial Express
Prime minister Narendra Modi could well lead his party to another win in the 2019 general elections. But if the BJP is back in power, it won’t be because
Brexit in limbo | Business Standard Editorials
As the UK gets ready for yet another vote on Brexit on March 19, the only certainty that can be predicted is more uncertainty. With a mandate
There are unmistakable signs of economy slowing down: Kaushik Basu – The Hindu BusinessLine
Noted economist and Carl Marks Professor of International Studies at Cornell University, US, Prof Kaushik Basu, expressed disappointment over unemployment data being held back and
$5 bn swap smartest move of RBI gov | Business Standard Column
India’s banking regulator’s decision to hold a $5 billion three-year US$/Indian rupee buy/sell swap auction (on March 26) is driving forward premia down, paring the hedging
Even if critical, govt must make employment data available: Kaushik Basu – The Financial Express
Noted economist Kaushik Basu Saturday urged the government to make available “employment data” even if it is “critical” so that corrective action could be taken.
A China trade deal will be a triumph for Donald Trump | Business Standard Column
Friction between China and the United States dates back even prior to the establishment of the World Trade Organisation (WTO), but President Donald Trump will likely achieve
Unemployment in India: Energising SMBs can be the answer to the employment problem – The Financial Express
By Ajay Kela Small and medium businesses (SMBs) are critical to every economy. In developing nations, with few conglomerates, SMBs can be the lifeblood of
India can’t look for US support and fight a trade war with it – The Financial Express
We were hoping against all hope. The message was loud and clear but we were turning a deaf ear to it. After months of simmering
Brexit’s economic poison will last for years – The Financial Express
Not since the ‘Great Smog’ of 1952 has London been shrouded in such dismal gloom. British politics are in disarray, as lawmakers can’t agree when
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