Only 150,000 income tax filers have declared earnings of more than Rs 1 crore in the current assessment year, a majority of them being salaried individuals and
Category: Economy
Hawk turns dove – The Hindu BusinessLine
Having a new Governor at the helm of the Reserve Bank of India seems to have wrought a sea change in the Monetary Policy Committee’s
RBI plays ball by cutting rates – The Hindu BusinessLine
As many as 32 economists out of the 43 surveyed by a news agency a day before expected the MPC of RBI to keep the
RBI Policy analysis: Despite rate cut, deposit and lending rates are unlikely to come down in a hurry – The Hindu BusinessLine
Despite concern over the fiscal deficit and sticky core inflation, the RBI chose to surprise markets and cut its key policy repo rate — at which banks
Square pegs, round holes | The Indian Express
The interest in this year’s Union budget had been high for obvious reasons. It being an election year, there were expectations of a major spending
Growth prop: On RBI repo rate cut – The Hindu
Barely four months after the Reserve Bank of India switched its monetary policy stance to one of ‘calibrated tightening’, signalling interest rates were set to
Das capital for Modi: rate cut | Deccan Herald
In the very first Monetary Policy Committee meeting under him, RBI Governor Shaktikanta Das has delivered for the Narendra Modi government what his predecessor Urjit
Rate cut: RBI price fall claim contradicts survey | Deccan Herald
Taking the street by surprise, the Reserve Bank of India on Thursday cut the key interest rate after inflation cooled and also gave a sanguine
Cheaper EMIs, if banks permit–Deccan Chronicle
Interest rates on both deposits and loans may be on a slide over the next few months for the hoi polloi. If banks begin to
Stinging India-US relations again? | Deccan Herald
The arrest of 129 Indian nationals in the United States on charges of wilfully violating US immigration laws should serve as a cautionary reminder to
Banks need Rs 20 lakh crore deposits for credit growth, may up rates: Report – The Economic Times
The additional deposit requirements will also “put upward pressure on the interest rates bank offer on deposits The jump in credit growth will require banks
India’s employment: The true picture | Business Standard Column
A sound policy framework requires the support of robust institutions that collect and transmit good data regularly. I am a great believer in robust data
Small sellers calling it quits on Amazon – The Economic Times
Over a dozen small, fringe sellers have begun exiting or suspending their accounts on Amazon, unable to manage logistics and order deliveries on their own after
Jobs: Jobs plan is missing link in Modi’s Interim Budget amid drama over data – The Economic Times
by Vrishti Beniwal India’s budget provided plenty of giveaways to farmers and middle-class voters, but was short on detail on one of Prime Minister Narendra Modi’s key
Budget analysis: Budget 2019 is the mother of all election budgets, but rates and inflation may rise–Economic Times
Swaminathan Aiyar’s take on Budget 2019 Highlights The budget showers Rs 6,000 per year on each of 120 million small farm owners. The budget will
budget 2019: Budget 2019: Did it address the key concerns of MSMEs and startups? – The Economic Times
While the goodies extended by Finance Minister Piyush Goyal this time, did warm the sector a bit, many industry stalwarts highlight the key aspects neglected
Rid Budget Math of Fuzzy Numbers–Economic Times
The Centre’s fiscal deficit has been understated in the interim budget with the government keeping some of the debt serviced out of the Consolidated Fund
Managing the stimulus | The Indian Express
Like in each of the previous two years, the run-up to the budget this year was rife with fears of significant fiscal slippage if the
Statistician: Unpalatable numbers: Statistician who rocked Indian government had to take a stand–Economic Times
P.C. Mohanan grew up in a village without electricity, studied statistics at a public university, and then spent more than three decades crunching numbers for
Budget 2019: View: Why this Budget is unethical and iniquitous–Economic Times
This is also a hugely unequal budget. This is an election budget that strays far beyond the remit of an interim budget, whose only concession