The Centre’s direct tax collections are booming and are on course to meet the Budget Estimates for 2018-19, a top CBDT official said. For the
Category: Economy
DeMo: govt can’t hide truth anymore | Deccan Herald
When the government withdraws a report it had submitted to a parliamentary panel and replaces it with another report that directly contradicts the first one,
GDP back series row: ET Exclusive: MoSPI, NITI Aayog’s collaboration for GDP back series not inappropriate, says Rajiv Kumar – The Economic Times
By Rajiv Kumar The base year of national accounts statistics (NAS) is periodically revised to account for the structural changes that have taken place in the economy
Black Money: Demonetisation was ineffective in checking black money: Former CEC OP Rawat
After former Chief Economic Advisor Arvind Subramanian’s comments on demonetisation, now recently-retired Chief Election Commissioner Om Prakash Rawat has said that note ban was ineffective in checking
GST: Modi government to change customs duty architecture to boost trade, ease of doing business
After rolling out the most comprehensive indirect tax reform – the goods and services tax – the Narendra Modi-led NDA government is set to unleash the next
CAD may widen to 3% in September quarter on higher crude prices, gold imports: ICRA – The Economic Times
India’s current account deficit is likely to rise to 3 per cent of GDP in the July-September quarter of current fiscal, from 2.4 per cent
MSE: Three years on, bank credit to MSEs continue to shrink
The share of bank credit to micro and small enterprises (MSEs) has been shrinking since three years — from 5.9% in October 2015 to 4.5%
Beyond a rate cut | Business Standard Editorials
As the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) began its three-day review of the monetary policy on Monday, it must be grappling with a dramatically
Potential unemployment rate 8.9% in November 2018 | Business Standard Column
Labour market metrics improved a tad in November 2018 compared to their levels in October 2018. But, in essence they remain dismal. The unemployment rate was lower
G20 avoids commitment on free trade – a climb-down from 2017 | Business Standard News
The G20 meeting that concluded over the weekend was significant as it elicited hopes of a resolution of the ongoing and intensifying US-Sino trade war, which in
Growth conundrum – The Hindu BusinessLine
Private consumption seems to be slowing just as investments are picking up India’s latest GDP print pegging growth at 7.1 per cent for the second
What’s keeping the farm sector grounded – The Hindu BusinessLine
It is hit by poor implementation of policies, lack of a holistic approach, and limited understanding of issues facing the sector The government is under
Trouble ahead: Rural demand set to shrink – The Financial Express
In case of pulses, overproduction in the last few years has actually led to high levels of stocks being created. A theme which is played
Three years on, bank credit to MSEs continue to shrink – Times of India
The share of bank credit to micro and small enterprises (MSEs) has been shrinking since three years — from 5.9% in October 2015 to 4.5% in October 2018, data
New Hindu growth rate of 7%: Serious policy reforms needed to break away – The Financial Express
The central bank must take steps to ensure small businesses, in particular, aren’t starved for funds. The economy has grown at a very disappointing 7.1%
NPA trouble: Agriculture loan portfolios see rise in NPA levels – The Financial Express
The largest private bank by assets, HDFC Bank, too, admitted to facing repayment pressure in agri loans, even as it didn’t disclose the quantum of
Across The Aisle: The familiar sound of the drums | Opinion News, The Indian Express
Mr Narendra Modi has come a long way since 2013-14. Candidate Modi was all about vikas (development). The bulk of the 31 per cent of the electorate
Slowdown signals: on Q2 growth estimates – The Hindu
Growth estimates for the second quarter show the challenge of shoring up rural demand The growth estimates for the July-September quarter from the Central Statistics
Charge of jobless growth during NDA regime ‘spurious’: Niti Aayog vice-chief Rajiv Kumar – The Economic Times
Terming the criticism of jobless growth during the NDA government as ‘spurious,’ Niti Aayog vice-chairman Rajiv Kumar has said that 70 lakh jobs were created in the
Hope revives: GDP headline number was disappointing but investment revival augurs well
Gross domestic product data for the second quarter of 2018-19, which was released last week, had a sobering message. The growth rate dipped to 7.1%
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