Category: Economy

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

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