Given how the rupee has been steadily depreciating—6% since the last policy—most expect RBI to raise repo rates later this week. A classic interest-rate defence is supposed
Category: Economy
Oil marketing companies can borrow working capital from overseas now – The Financial Express
The domestic currency touched a low of 72.41 against the greenback intra-day before recovering it to close the session at 73.34. The Reserve Bank of
What ails the Indian economy? How India can address its biggest economic problem – The Financial Express
India has made considerable progress in removing unnecessary and inefficient controls on international and domestic trade and investment. In my last column, I argued that
No easy outs | Business Standard Editorials
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) faces two contrasting challenges as it meets for the bi-monthly policy review. The prevailing domestic
The Venezuela option – The Hindu BusinessLine
India’s oil-for-rice trade model with Iran can be revived and broadbased Faced with firm crude prices and a falling rupee, the Centre needs to act
India’s Q4 gold imports to jump as investors seek safer bets than stocks – The Hindu BusinessLine
India’s gold imports may rise in the fourth quarter as investors seek alternatives to faltering equity markets and a plunging rupee at the same time
Prabhu calls for meeting to discuss trade deficit, rupee volatility – The Hindu BusinessLine
Worried over the rupee depreciation against the US dollar and the growing trade deficit, Commerce and Industry Minister Suresh Prabhu has convened a meeting of
‘Rupee depreciation need not be fought at all times’ – The Hindu BusinessLine
“Generally positive but some headwinds” were the words that Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission, used to sum up his impression
Trump says India wants trade deal with America primarily to keep him happy – The Economic Times
Describing the south Asian country as the “tariff king,” the president told reporters at the White House that India “called us to start negotiations immediately.”
Commerce Minstry focusing on 9 sectors to boost exports; eyes 16% growth this fiscal – The Economic Times
Since 2011-12, India’s exports have been hovering at around USD 300 billion. During 2017-18, the shipments grew by about 10 per cent to USD 303
September unemployment data show significant changes | Business Standard Column
The unemployment rate inched up to 6.6 per cent in September 2018. And, the labour participation rate also scaled up to 43.2 per cent. In August, the unemployment rate
More pain, little gain – The Hindu BusinessLine
Hiking import duties won’t help India lower its current account deficit; in fact, it may hurt trade In yet another half-hearted attempt to contain the
View: Time for RBI to take control of regulation & supervision – The Economic Times
RBI’s inability to see the big picture has cost the economy dear. With so many banks on prompt corrective action (PCA), bank lending has been
Contactless banking for MSMEs to be the new paradigm: Fin Services Secretary Rajiv Kumar – The Economic Times
In a bid to bolster credit growth, the Finance Ministry is planning to expand the scope of the recently launched portal that enables MSMEs to
Not the best way to prop up industry–Economic Times
The additional import duties on refrigerators, air-conditioners, speakers, footwear, luggage, aviation fuel and so on is a bad move. These bumped-up rates can have two
US economic growth, rupee fall to boost Indian exports: Assocham – The Financial Express
The US emerged as the top export destination for India, with USD 47.9 billion worth of shipments in the last fiscal ended March, followed by
Weak rupee may prompt RBI to raise repo rate – The Hindu BusinessLine
Inflationary concerns due to costlier oil imports and a weakening rupee could prompt the Reserve Bank of India to raise the repo rate by 25
NPAs-Pitfalls of too much conservatism – The Hindu BusinessLine
Conservative fiscal and monetary policies have hurt industry, ramping up NPAs and worsening external account imbalances The story we were told, when India embarked on
Pitfalls of too much conservatism – OPINION – The Hindu BusinessLine
Conservative fiscal and monetary policies have hurt industry, ramping up NPAs and worsening external account imbalances The story we were told, when India embarked on
Over-protecting India | Business Standard Editorials
The government has raised import duties on 19 products, including some electronic goods that it has declared “non-essential”. Tariffs on imported air conditioners, household refrigerators,
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