Will the Union government be able to meet its revised fiscal deficit target of 3.4 per cent of gross domestic product (GDP) for 2018-19? Legitimate
Category: Economy
Sustaining high growth with low inflation – The Hindu BusinessLine
If supply-side polices successfully reduce costs and inflation, macroeconomic policy can afford to be stimulatory The key issue facing India is how to sustain high
Headwinds ahead: Economic data shows there is an urgent need to offset a slowdown in growth–Times of India
Economic data released last week was worrisome. Gross domestic product growth in October-December quarter was 6.6%, the slowest in five quarters. In addition, the forecast
Deepening slowdown: on the Indian economy – The Hindu
India’s economy is inarguably slowing, and the latest estimates from the Central Statistics Office disconcertingly point to a deepening slowdown. GDP growth is projected to have
India’s growth may decelerate further despite election spending – The Economic Times
Billions of dollars of pre-election spending by the Indian government and political parties in the next two months is unlikely to stop the nation’s economy
India’s economy just fell in with bad crowd; here’s how – The Financial Express
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
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