The Centre’s plan to hike MSPs to 1.5 times A2+FL costs—this raised MSPs by 40-50% in some cases—however, had little chance of succeeding since there
Category: Economy
Larger fiscal deficit can put pressure on the economy – The Financial Express
The sharp depreciation in the currency fuelled big FPI withdrawal sales in the bond markets in September and October and another bout of weakness in
Who is Shaktikanta Das? Meet the new RBI governor replacing Urjit Patel – The Financial Express
New RBI Governor Shaktikanta Das was the Economic Affairs Secretary when demonetisation was announced. Shaktikanta Das, former finance secretary, a vocal supporter of demonetisation, has
RBI Governor Shaktikanta Das faces long to-do list in new job – The Financial Express
India’s new central bank governor has a list of challenges to face as he takes office: from fixing a banking crisis to convincing investors of
India’s credit rating under threat? Moody’s not happy with GDP growth – The Financial Express
Moody’s also said India’s real GDP growth in both FY19 and FY20 will slow to just above 7%. Weaker nominal GDP growth over a prolonged period
Ease of doing business: PM Modi to meet department secretaries on Dec 13 – The Financial Express
By Kiran Rathee Prime Minister Narendra Modi is scheduled to meet secretaries of various departments, including finance, revenue, economic affairs, DIPP and corporate affairs, as well as chief
Solving the Brexit puzzle | Business Standard Editorials
British Prime Minister Theresa May on Wednesday managed to survive a vote of confidence among the parliamentary contingent of her own Conservative Party. The opposition was unexpectedly stiff —
Crisis at Mint Road | Business Standard Editorials
Urjit Patel’s resignation as governor of the Reserve Bank of India (RBI), the first such resignation in the post-liberalisation period, is a moment of crisis for institutional
Economy-A balancing act | Business Standard Editorials
In some bad news for the fiscal situation, it has been reported that the excess of government expenditure over revenue in the period between April
Sovereignty has its revenge in Europe | Business Standard Column
Western Europe was supposed to have transcended history. A region where nations were happy to surrender their sovereignty to supranational authority in Brussels and the leadership was
The future of oil prices | Business Standard Column
Opec’s decision on December 7 to cut production to shore up crude oil prices was expected. Whether this will have the intended effect is not
India’s zombie raj: Companies on life support, and distressed banks | Business Standard Column
The old line that it was the job of the Federal Reserve “to take away the punch bowl just as the party gets going” needs
Trade war and China’s economic prospects | Business Standard Column
The world breathed a sigh of relief at the truce arrived at between US President Donald Trump and his Chinese counterpart, Xi Jinping in Buenos Aires on the sidelines of the recent G-20
Chaos may cast a shadow on global trade | Business Standard Column
The last fortnight has been marked by an escalation in geopolitical tensions and there’s every likelihood that the tensions will remain high. On the domestic
Jobs as jumlas | Business Standard Column
Prime Minister Narendra Modi has been often criticised for not exactly fulfilling his promise of 10 million jobs during his campaign for the Lok Sabha elections in 2014. After
Urjit Patel’s resignation disturbing, can impact top RBI team | Business Standard Column
In a statement of less than 90 words, Urjit Ravindra Patel on Monday announced his resignation as the Governor of the Reserve Bank of India
MSME-DI to hold awareness programme on dues recovery – The Hindu BusinessLine
MSME-Ddevelopment Insitute (MSME-DI), Bangalore and Mysuru District Industries Centre and Mysore Industries Association to hold an awareness programme on MSME Delayed Payment Act-2006 and Powers
Export growth at a crawl in November as gems/jewellery, engineering goods falter – The Hindu BusinessLine
Fall in exports of gems & jewellery and engineering goods, two major product groups, slowed down India’s export growth to 0.80 per cent in November
Flagging credit, liquidity issues does not infringe on RBI autonomy: Arun Jaitley | Business News, The Indian Express
Ahead of the presentation of Union Budget in February, Finance Minister Arun Jaitley on Friday said the government will stick to the 3.3 per cent fiscal deficit
Patel era shadow over his successor | Business News, The Indian Express
For outgoing RBI Governor Urjit Patel’s successor, the biggest challenge would be to handle the pressure from the government on issues such as restructuring of
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