India’s biggest crisis is unemployment and the country needs to invest more in the tourism sector which hires nearly 10 times as many people as
Category: Economy
Why RBI finds cash yet to be dethroned–Economic Times
An internal RBI study shows that post-demonetisation, Indian households, who habitually rely on fixed deposits in banks for their income, have shifted to savings deposits.
Fresh prescription: 13 economists push a grounded debate on India’s agrarian and job crises –Economic Times
Two issues were common to states which went to polls recently: agrarian and job crises. Both recur at intermittent intervals, suggesting that political parties, regardless
An open letter to the RBI governor | Business Standard Column
Dear Governor, The day you took over as India’s chief money man, you tweeted: “Assumed charge as governor, Reserve Bank of India. Thank you each and everyone
Brexit referendum: UK govt says no to second vote amid rising pressure | Business Standard News
Britain’s government is not preparing for a second referendum on Brexit, ministers said on Sunday, sticking to the script that Prime Minister Theresa May’s deal
Big import duty cuts will boost economy – The Hindu BusinessLine
This, however, works best in tandem with elaborate product standards and non-tariff measures Finance Minister Arun Jaitley, speaking at an official event on December 4,
Undernourished Nation | Deccan Herald
Global Nutrition Report 2018, released by the World Health Organisation (WHO) last week, presents a dismal picture of the state of children’s health in India.
Three infants die every two minutes in India: UNIGME | Deccan Herald
nfant deaths were reported highest in the world in India, followed by Nigeria at 4,66,000, Pakistan 3,30,000 and Democratic Republic of Congo 2,33,000 (DRC), the
Traders, MSMEs saw 3.5 mn job losses due to note ban, GST, other factors | Business Standard News
The TMSME (Traders, micro, small and medium enterprises) sector has seen a loss of around 3.5 million jobs in the past 4.5 years, according to
Govt will focus more on public debt management in coming years: DEA secy | Business Standard News
The government will focus more on debt management compared to its current focus on fiscal deficit for the next few years, as there is a “huge overhang
The task before the new RBI Governor Shaktikanta Das-Business Today
Shaktikanta Das today took charge as the Governor of the Reserve Bank of India. He has his task cut out for him. His predecessor Urjit
IMF chief economist praises Modi government, backs India’s solid growth story – India Today-Business News
HIGHLIGHTS IMF chief economist said India’s growth story has been solid in the last four years He called for stricter norms to keep an eye
CLSA: There’s a compelling reason for a rate cut: Chris Wood – The Economic Times
Indian financial markets have started to price in the possibility of renewed monetary policy easing with the appointment of Shaktikanta Das as the Reserve Bank of India governor earlier
Market: Market feels a more balanced RBI policy is coming: Ashima Goyal – The Economic Times
RBI decision should not be seen as board dictated because that is key to governance, she said. As the dust surrounding the RBI-Centre saga settles, PMEAC Member Ashima Goyal calls
Economists call for enhancing tax base – The Economic Times
The economists said states should be encouraged to undertake fiscal consolidation as they were lagging and called for a need to reprioritise expenditure. A group
IIP Growth: More Than a Silver Lining–Economic Times
Quick estimates of industrial production suggest a welcome surge in output and consumption for October, which shows the potential for policy action to prevent the
RBI: Urjit Patel’s unfinished job – The Economic Times
By Arvind Panagariya It was with great sadness that I woke up to the news of resignation by RBI governor Urjit Patel this Monday morning. Urjit has been a friend
Capital formation continues to remain sluggish, but there are indications that its productivity is rising – The Financial Express
An analysis on investments by Credit Suisse—based on CSO data—shows that, as a ratio of GDP, gross fixed capital formation (GFCF) may have bottomed out,
Great cheer, won’t last: October’s IIP was a one-off and growth is already slowing – The Financial Express
The spend of Rs 1.77 lakh crore between April and October—mostly on defence services, railways and roads—compares favourably with the Rs 1.62 lakh crore in
Agrarian distress: Income support to farmers better option than loan waivers – The Financial Express
When the new MSP regime was implemented in July, one of the common fears in the market was that the hikes would stoke inflation fears.
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