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
Category: Economy
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
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
