Category: Economy

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

US shutdown: Prolonged US shutdown threatens to unsettle economy – The Economic Times

The paralysis triggered by the US government shutdown could have unexpected consequences, such as muddying economic statistics just as the markets are extremely reactive to any whiff

Clash of the titans: The battle for India’s giant retail market – The Economic Times

by Haresh Chawla Immovable objects. Unstoppable forces. That’s the metaphor that comes to mind when one thinks of the next phase of India’s ecommerce market.

Waiver politics | Business Standard Editorials

Pressure is growing on state governments to step up and waive agricultural loans ahead of the Lok Sabha elections, scheduled for early 2019. Congress President Rahul Gandhi’s

Modi govt crackdown on Amazon, Flipkart to hurt online shoppers – ThePrint

India’s new rules for foreign e-commerce platforms may be designed to protect local companies from Amazon.com Inc. and Walmart Inc., but consumers are likely to

Five major challenges that shook India’s economy in 2018–The Print

From GST to RBI to NPAs, both institutions and governance had a turbulent ride. The year 2018 saw significant challenges for the Indian economy. Implementation

View: Is the new e-commerce policy really new? – The Economic Times

By Ruppal W Sharma At first glance, the amendments announced by GoI on December 26 on regulations for e-commerce retailers appear rather drastic. But is

Government plans to sanction one crore houses before 2020 – The Economic Times

More than 65 lakh houses have been approved so far for construction under the PMAY (U). The Union Housing and Urban Affairs Ministry initiated several

Big progress with China on trade, says US President Donald Trump after phone call with Xi Jinping – The Financial Express

US President Donald Trump on Saturday said “big progress” is being made on trade talks with China, following a long telephonic conversation with his Chinese

Trump’s year – The Hindu BusinessLine

The antics of US President Donald Trump never cease to amaze and he has stayed true to form till the very close of the year.

India’s festering problem with Big Retail | editorials | Hindustan Times