The Reserve Bank of India (RBI) has opened a loan-restructuring window for micro, small and medium enterprises (MSMEs) for a year, yielding to a key demand of
Category: Economy
2019 may finally put an end to India’s banking woes – The Economic Times
RBI’s proposed public credit registry for aggregating information about borrowers from multiple agencies at one place is expected to repeat the performance in retail loans.
RBI loan recast gift to MSMEs: Proposed to Urjit Patel, applied by Shaktikanta Das, hailed by Gurumurthy – The Financial Express
The loan restructuring plan for MSMEs, then called by Fitch Ratings as a “step backwards” when proposed in November, has now been hailed by S
Budget numbers game: How revised estimates allow govt to fix its deficits | Business Standard News
Union Budgets are largely judged by the numbers they project for the coming year and by the extent of slippage or improvement over the numbers
How a bad loan farce gets another rerun after U-turn in RBI’s philosophy | Business Standard News
A new year, a new central bank governor. Yet the first salvo to come out of the Reserve Bank of India’s policy arsenal in 2019
Europe’s strongest pillar | Business Standard Editorials
Twenty years ago, on January 1, 1999, a new currency came into being. Eleven members of the European Union fixed their currencies’ exchange rates against each other,
Direct tax-GDP ratio of 5.98% during FY’18 best in 10 years: FinMin – The Hindu BusinessLine
The direct tax-to-GDP ratio of 5.98 per cent achieved during 2017-18 fiscal is the best in the last 10 years, the finance ministry said on
raghuram rajan: View: 8 things India must do in 2019 to tide over economic challenges – The Economic Times
By Raghuram Rajan and Abhijit Banerjee Last October thirteen of us, all economists, got together in the hope that as the country gears up for elections, we
The hard truth on farm loan waivers–Economic Times
Prime Minister Narendra Modi has refused to yield to populism on farm loan waivers, during the course of a wide-ranging television interview on the first
Rupee vs Dollar in 2019: Volatility to remain high, will increase going forward – The Financial Express
The year 2018 started with USD/INR at 63.80, the strongest it had been in several months; volatility was low at 4.5% and sentiment was for
Mr Modi is right |–[ Farm Loan Waivers ] Business Standard Editorials
In an interview on New Year’s Day, Prime Minister Narendra Modi said that, while any state government was free to institute a farm loan waiver, his own
Clogged credit is biggest pain point – The Hindu BusinessLine
Micro, small and medium enterprises (MSME), the backbone of the manufacturing industry and generator of millions of jobs in the country, continued with their struggle
साखरेची कोंडी! | Maharashtra Times
साखरधंद्याकडे लक्ष द्यायला सरकारकडे वेळ नसल्याने अपेक्षेप्रमाणे साखरेची व्हायची ती कोंडी झाली. हा साखर हंगाम अडचणीचा असणार, याची पूर्वकल्पना असूनही सरकारने जुजबी उपायांविना कोणतीच पावले न उचलल्याने
Exporters raise concern over China’s hike in VAT refund – The Economic Times
Exporters of steel, wooden items and machinery products have raised concern over China increasing the refund on value-added tax (VAT) on these products without raising the actual tax. Beijing has
reserve bank of india: Bank GNPAs improved to 10.8 pc; net NPAs to 5.3 pc in September: RBI – The Economic Times
The asset quality of banks showed improvement with gross non performing assets‘ (GNPAs) ratio declining to 10.8 per cent in September 2018 from 11.5 per cent in March
Why is the Fed still raising interest rates? | Business Standard Column
Earlier this month, the US Federal Reserve’s policy-setting Federal Open Market Committee (FOMC) voted unanimously to increase the short-term interest rate by a quarter of a percentage point, taking
Entrepreneurship or salaried employment? | Business Standard Column
In “A Bitter-sweet Success”, Business Standard, December 25, 2018, we noted an increase in self-employed entrepreneurs over the past two-and-half years. This growth of self-employed
Are global oil prices the culprit for burgeoning trade deficit? – The Hindu BusinessLine
The oil import bill is just one of the factors responsible for the rising trade deficit. Non-oil imports cannot be overlooked India’s external account has
What will drive the rupee in 2019? – The Hindu BusinessLine
General elections, oil price, Brexit, and US Fed rate hikes may weigh on the currency The year 2018 was extremely volatile for the Indian rupee
India Can Now Hope To Be In Top 50 Jaitley On Ease Of Doing Biz Ranking – BW Businessworld
Enthused by 23 notches jump in the World Bank Ease of Doing Business, Finance Minister Arun Jaitley exuded confidence that India can now hope to achieve the