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
Category: Economy
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,
The illogicality of raising import duties | Business Standard Column
Last Wednesday, the Union finance ministry announced higher import duties on a host of goods. The objectives of the decision were to “curb imports of
Uncertainty rises on trade outlook | Business Standard Column
The items targeted for a hike in tariffs include air conditioners, refrigerators, washing machines, compressors for air conditioners and refrigerators, footwear, speakers, radial car tyres,
Think big: on import duty hike – The Hindu
The Centre’s decision to increase customs duty on imports of 19 “non-essential” items amounts to tinkering at the margins to address a structural macro-economic issue. Using tariffs
Trimming current account deficit: Duty hikes to have marginal impact – The Financial Express
Some experts have called for long-term solutions to address the current account deficit instead of band-aid solutions like targeting “non-essential imports”. The government’s move to
Oil portents: Are we headed for another price shock and economic shake-up? | Business Standard Column
Brent crude was ruling near $120 per barrel when Narendra Modi became prime minister in mid-2014. It fell to a low point of $29 in
FED RATE HIKE–Tightrope walk | Business Standard Editorials
The United States Federal Reserve’s decision to raise policy rates for the third time in 2018 was expected. However, it will mean a perpetuation of
RBI relaxes SLR rules to ease liquidity fears – The Hindu BusinessLine
To help banks overcome any possible liquidity constraints, the Reserve Bank of India on Thursday said they can avail of higher liquidity with effect from
Economists flag fresh concerns over fiscal deficit, growth prospects – The Hindu BusinessLine
Rising global headwinds and a possible revenue shortfall are posing fresh challenges to the Centre’s deficit targets and growth prospects. The upcoming US sanctions on
Raising import duties to lower CAD is a bad idea, says Montek Singh Ahluwalia – The Hindu BusinessLine
Hiking import duties to bring down Current Account Deficit is a bad idea, said the former Deputy Chairman of Planning Commission, Montek Singh Ahluwalia. Speaking
With Fed hiking rates, will RBI follow suit? – The Hindu BusinessLine
The Federal Reserve’s resolve to adhere to aggressive policy rate hike cycle over the next couple of years is likely to create more pressure on