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
Category: Economy
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
MSME: Bank nod for MSME loans of up to Rs 1 crore in 59 mins: Govt – The Economic Times
Finance minister Arun Jaitley on Tuesday launched a new portal to fast-track loans for micro, small and medium enterprises (MSMEs) as the government promised that banks will
Govt fights rupee drop as RBI takes steps to ease liquidity for banks | Business Standard News
India upped the ante in its efforts to restore investor confidence, with the central bank taking measures to ease liquidity for lenders a day after the
Rapid growth of the shadow banking sector may endanger India’s growth story | Business Standard News
IL&FS Manzoor Ahmad lost his job as an electrician and is struggling to make ends meet after a crucial road tunnel project shut down in Srinagar,
How much more can the RBI intervene? | Business Standard Column
The recent debate on the costs and benefits of a falling rupee must have done its bit to reinforce the stereotype of economists as a
Rupee @75-plus: Turbulence ahead | Business Standard Column
With the US Federal Reserve raising rates, and the oil prices rising above $80 barrel after the recent OPEC meeting, there will be further pressure on the Rupee. That
Time to wake up? CAD and rupee are to remain stressed until the 2019 polls | Business Standard Column
Any criticism (even minor) of the government’s economic management elicits a stock response: we have the fastest-growing economy, strong macro fundamentals and are in a
Fed hikes again. Should RBI follow? – 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
NPA mess: Bankers seek Govt help to speed up debt recovery process – NEWS – The Hindu BusinessLine
Public sector banks’ (PSB) chief executives on Tuesday sought government intervention to speed up the debt recovery process, including faster approvals from District Magistrates, to
View: Falling, not rising, cronyism is the main cause of NPAs – The Economic Times
Rajan says he sent a list of prominent bank fraud cases to the PMO, but heard nothing more about it. Former RBI chief Raghuram Rajan has dissected the banking
What’s after WTO? Global trade wars won’t end soon, India will need to adjust and adapt–Times of India
The trade war between US and China has escalated over the last few days in a series of retaliatory tariffs. Chances of resolution are ebbing