rbi-ap.webp6.5 KB As per RBI data, India’s MSME sector contributes to nearly a third of the gross domestic product, accounting for about 45% of manufacturing
Category: Economy
Investment pick-up only fix for jobs crisis–Economic Times
Mumbai-based data firm Centre for Monitoring Indian Economy (CMIE) said December 2018 unemployment, at 7.4%, was the highest in 27 months. Through January to December
Five fiscal failures for which Modi govt can’t blame RBI: GST and more – The Financial Express
Instead of blaming the central bank at every opportunity for its poor stewardship of the economy, India’s finance ministry should reflect on its own record,
China cuts tariffs on US cars as a trade peace deal: Will it satisfy Trump? | Business Standard News
China is buying American soybeans again and has cut tariffs on American cars. It is offering to keep its hands off valuable corporate secrets, while
Did the bias in farm loan waivers drive PM Modi to shoot them down? | Business Standard News
In a television interview earlier this month, Prime Minister Narendra Modi categorically rejected the possibility of a nationwide farm loan waiver in the run up
CAG Report on Government Spending –Tip of the iceberg | Business Standard Editorials
The Comptroller and Auditor General of India (CAG) on Tuesday tabled its report on spending in Parliament. The national auditor expressed concern that the government
Growth deceleration | Business Standard Editorials
The Central Statistics Office (CSO), which released the first advance estimates of economic growth on Monday, expects gross domestic product to grow at 7.2 per cent for 2018-19. While
Confront the harsh reality: The only way we can really help farmers is to take most of them out of farming–Times of India
Today, we give farmers 2.2 trillion rupees in subsidies on fertiliser, power, crop insurance, seeds, credit, irrigation and a myriad other items. We have a
The BJP’s trump card: Reservations for the economically weaker sections of upper castes | editorials | Hindustan Times
For months, there has been fervent speculation about what the Narendra Modi-led government would do to win back the political narrative in the run-up to
I have been to hell and back and again, hell and back: Anwar Ibrahim – The Hindu
Malaysia’s PM-in-Waiting looks back at the trials he faced in his political career, and charting the course ahead, suggests India take a more positive leadership
Jerome H. Powell: Trump renews dig at Fed, expresses longing for lower interest rates – The Economic Times
WASHINGTON: President Donald Trump on Tuesday expressed longing for the lower interest rates that the Federal Reserve put in place during the 2007-09 recession, saying he could boost the
View: Government’s ecommerce rules distort business, don’t help Indian entrepreneurship – The Economic Times
Indian ecommerce is still at a stage where customers are principally attracted by deep discounts. It’s possible to be deeply worried about two foreign-owned companies
Bad news for Modi government ahead of Budget 2019: Direct tax growth lower than estimates in April- December – The Financial Express
The government has been banking on direct tax collection to somewhat bridge the likely deficit in GST collections. The net (post-refunds) direct tax collection for
Trade talks with China going ‘very well’, says US president Donald Trump – The Financial Express
Trump argued that the trade deficit with China is unsustainable. US President Donald Trump, who has been accusing China of indulging in unfair trade practices
11 million jobs lost in 2018 – one-third of them by the salaried class | Business Standard Column
India’s unemployment rate shot up to 7.4 per cent in December 2018. This is the highest unemployment rate we’ve seen in 15 months. The rate has increased sharply from
Brazil’s new populism | Business Standard Editorials
The global community’s turn towards populism lurched a little further last week when Jair Bolsanaro was sworn in as president of Brazil. The South American giant dominates the continent’s
The DeMon’s alternative – The Hindu BusinessLine
If the Centre had stuck to its ‘minimum government’ promise, it may have met the note-ban goals – without the pain In a New Year’s
Farm loan waivers are not the panacea – The Hindu BusinessLine
The Centre and States must eschew the politically expedient option of loan waivers and look for long-term solutions The sweeping wave of loan waivers has
All you wanted to know about… – OPINION – The Hindu BusinessLine
Come February, the financial media is usually abuzz with debates about the Union Budget. But this time around, the excitement is a little muted given
Centre, states, industry to discuss ways to boost export on January 10 – The Hindu BusinessLine
In the wake of growing protectionism globally, centre, state governments and industry representatives will meet on January 10 to discuss ways to boost the country’s