By Motoko Rich JAPAN: Vexed by labor shortages in their rapidly aging country, lawmakers relaxed Japan’s long-standing insularity early Saturday by authorizing a sharp increase
Category: Economy
India to retain top position in remittances with $80 billion: World Bank – The Economic Times
Over the last three years, India has registered a significant flow of remittances from USD 62.7 billion in 2016 to USD 65.3 billion 2017. India will
Krishnamurthy Subramanian: Candour of Krishnamurthy Subramanian: Inside the mind of the new CEA – The Economic Times
The new CEA has defended note ban, praised BJP’s record in crime control, attacked dynastic policies. The new chief economic adviser at the Ministry of Finance is
Winter of discontent: Food inflation is a worrying puzzle–Times of India
October’s inflation data, as measured by consumer price index, provided the first hint that this was going to be the Indian farmer’s winter of discontent.
PM Modi played a big role in convincing OPEC on oil prices; here’s how – The Financial Express
Prime Minister Narendra Modi has played a big role in convincing Organisation of the Petroleum Exporting Countries (OPEC) for responsible oil pricing, alongside US President Donald
Second time lucky? The best way out of the Brexit mess – The path to a second referendum is treacherous – The Financial Express
The government’s struggle to get the deal through Parliament exposes a crack that Brexit has created at the heart of Britain’s democracy. It took Theresa
Duty drawback rate increase to boost textile exports from India | Business Standard News
In a major boost for Indian textile exports, the government raised duty drawback rates for all segments to enable exporters to tap global markets with full potential
China export growth slows in November – The Hindu BusinessLine
China’s export growth slowed last month weighed down by slowing global demand and trade tensions with the United States, official data released on Saturday showed.
Half of direct tax collections netted; high growth clocked post DeMo: CBDT – The Hindu BusinessLine
A report by the Central Board of Direct Taxes (CBDT) said that the Income Tax Department (I-T Department) has mopped up over half the kitty of the
A valid pause: on RBI holding rates – The Hindu
The Reserve Bank of India’s decision to leave interest rates unchanged, given easing inflation and the slowdown in economic momentum, was both expected and reasonable. In
Time is ripe for the demise of dollar-based trading system–Deccan Chronicle
To acquire dollars, all countries other than the US, must strive to increase exports — this is how one earns dollars. Sadly, it is true
An evolving economy needs dynamic regulation, says Jaitley – PTI feed News
Finance Minister Arun Jaitley Saturday said as an economy evolves, regulation needs to be relaxed or altered keeping in the mind the ground situation. Speaking
Absence of bond market main reason for India’s banking crisis: CAG – IANS Feed News
The major reason for the crisis being faced by banks is the absence of a developed bond market in the country, the official auditor said
Rupee fall, high NPAs still cause for concern: former RBI Guv Jalan – PTI feed News
Terming the Modi government’s performance as a mixed story, former RBI Governor Bimal Jalan Sunday said the declining value of rupee and high non-performing assets
Current account deficit widens to 2.9% of GDP in Q2 – The Economic Times
The CAD has increased to 2.7 per cent of GDP in first half of 2018-19 from 1.8 per cent in the corresponding period of 2017-18
Three telling recent indicators and why slowing economy needs a boost | Business Standard Column
The last couple of weeks have made three things clear. First, the economy is slowing down. Following the release of the lower-than-expected July-September growth number
Two years after note ban, taxman has no ‘precise data’ on black money unearthed – The Hindu BusinessLine
Two years after the demonetisation of high value currency and the subsequent efforts to unearth black money, tax authorities have said there are no estimates
Shortage of skill centres is a challenge: NSDC – The Hindu BusinessLine
hortage of training centres is a matter of worry for the National Skill Development Corporation (NSDC). “We need to train at least 2 crore people
Slow train to China: India’s trade ties with Beijing taking time to ripen – The Economic Times
China and India may be talking about improving their trade relationship but there is little action to go with the words. According to Indian government
Union cabinet approves agricultural export policy – The Economic Times
New agricultural export policy is in-line with PMs stated commitment of doubling farmers’ income. Policy has been formulated after extensive consultations with state governments, said
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