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
Category: Economy
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
Govt to consider PSBs’ demand on relaxing PCA framework for banking system | Business Standard News
The Union government on Tuesday said it will consider demands from public sector banks (PSB) to approach the Reserve Bank of India (RBI) on relaxing the Prompt Corrective
Managing the oil risks | Business Standard Column
A sharp rise in retail prices of petrol and diesel in the last five months has exposed the political vulnerability of the Bharatiya Janata Party
FM Arun Jaitley launches portal to grant MSME loans within an hour | Business Standard News
Finance Minister Arun Jaitley on Tuesday launched a portal to enable micro, small and medium enterprises (MSMEs) to get in-principle approval of loans within an hour without
Can’t blame States for fiscal deficit slippage: Rathin Roy – The Hindu BusinessLine
It is preposterous to hold State governments’ finances responsible for the India’s fiscal deficit, said Rathin Roy, Director, National Institute of Public Finance and Policy
Truth and spin | The Indian Express
While inaugurating the Indian Post Payments Bank on September 1, the prime minister attacked the Congress after awarding a gold medal to himself for the
Re-import of the exported goods allowed duty free, says expert | Business Standard News
We had exported certain goods without payment of Goods and Services Tax (GST) under legal undertaking. The buyer had paid for the goods. However,the buyer says that he wants to send back
Dark clouds hanging over India’s external front – The Hindu BusinessLine
The spike in global crude prices has worsened the current account deficit. But the inability of IT exports to match imports of electronics and IT
India’s near-Lehman moment: The crisis at IL&FS must be used to address fault lines in the financial sector
India’s near-Lehman moment: The crisis at IL&FS must be used to address fault lines in the financial sector The coincidence is uncanny. Almost to the
‘To a person running scared, every shadow will be a demon’ | Deccan Herald
To a person running scared, every shadow will be a demon’ Speaking to DH’s Annapurna Singh, former finance minister P Chidambaram says there is no connection between
Just top 10 crore Indians are responsible for rising current account deficit – The Economic Times
CAD is likely to touch 2.8 per cent of GDP in the current financial year on surge in crude oil prices and moderate growth in
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