India isn’t keeping the best company. When Reserve Bank of India officials reviewed the global economy at February’s meeting, they ticked off a list of
Category: Economy
Under threat: India’s miracle growth rate–Economic Times
Miracle economies are defined as those with GDP growth of 7% for a decade or more. India qualifies, but the latest data are sobering. Q1
GDP–Lower than expected | Business Standard Editorials
The Union Ministry of Statistics and Programme Implementation on Thursday released the Second Advance Estimates of gross domestic product (GDP) for the ongoing fiscal year
Need to work on access to finance for smaller firms says CEA – The Hindu BusinessLine
The proportion of credit that has flown to larger firms in Indian economy has increased from 69 per cent to 82 per cent between 2007
India needs to do more if FDI flows are to increase – The Financial Express
Given the Indian economy’s relative attractiveness vis a vis China in the last few years—lower wage costs and a strong technology sector—it should attract large
Universal Basic Income: Why Universal Basic Income is a bad idea–Economic Times
A UBI offering even poverty-line income will cost maybe 10% of GDP, and the entire net revenue of GoI is barely 8% of GDP. Ten
No real boost – The Hindu BusinessLine
Giving in to hectic lobbying by real estate developers, the GST Council has make multiple tweaks to Goods and Services Tax for residential property, slashing
Demonetisation | Note Ban: Demonetisation 2.0? New rule to regulate deposits may hurt many–Economic Times
Acceptance of unregulated deposits could trigger attachment and freezing of assets and even imprisonment. Highlights ‘The Banning of Unregulated Deposit Schemes Ordinance, 2019’ was notified
Targeted Budget: April-January fiscal deficit at 121.5% of full-year target–Economic Times
India’s April-January fiscal deficit touched Rs 7.7 lakh crore ($108.36 billion). Fiscal deficit touched 121.5 per cent of the full-year revised target of Rs 6.34 lakh
More defaults on cards? Realty cash crunch threatens stressed shadow banks | Business Standard News
For shadow banks, defaults would raise the risk of a repeat of last year’s funding freeze India’s property developers are finding it hard to borrow
The FDI problem | Business Standard Editorials
The Indian economy appears to be losing attractiveness to foreign investors. This is the most reasonable conclusion from figures released recently by the Department for Promotion of Industry and
Into a black hole – The Hindu BusinessLine
Pumping taxpayers’ funds into public sector banks needs to be reviewed The Centre is making the same mistake year after year by pumping in taxpayers’
The fickle nature of FPIs – The Hindu BusinessLine
Foreign portfolio investments are now viewed as an integral part of the balance of payments even though it is understood that these flows are fickle
Very good chance of trade deal with China, says Donald Trump – The Financial Express
President Donald Trump said on Friday that there was a very good chance the United States would strike a deal with China to end their
US, Canada may object to India’s quantitative cap on pulses imports – The Hindu BusinessLine
India is set for another trade face-off with the United States and Canada at the World Trade Organisation (WTO). According to a senior Union Commerce
India has the second worst NPA ratio among large economies–The Print
The International Monetary Fund (IMF)’s new data doesn’t show Indian banking in the best light, or company. Based on new data collated by the IMF,
MSME sector picks up: Demonetisation impact fades as manufacturing, services performance improves, says survey – The Financial Express
The MSME sector is expected to remain upbeat in the next quarter as well, the survey also added. Even as headwinds including NBFC liquidity crunch
Great unraveling: Few pillars to support a crumbling Indian business order | Business Standard Column
First there was Prompt Corrective Action for banks. Now we have it for businessmen. Anil Ambani’s group finds itself in virtual meltdown. Naresh Goyal is about to lose control
More bank reforms needed to support economic growth: NITI Aayog chief – The Hindu BusinessLine
NITI Aayog Vice-Chairman Rajiv Kumar has pushed for further banking reforms, including spelling out a “glide path” for bringing down the country’s bank capital adequacy
Beyond oil – The Hindu BusinessLine
India’s efforts to woo Saudi Arabia have been one of its more notable foreign policy successes of the last decade. Launched by Manmohan Singh, the
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