Senior Congress leader P Chidambaram Friday slammed the Modi government for its banking policy, saying due to its “heavy-handed” approach towards non-performing assets, banks have no money to lend.
Category: Economy
Flirting with danger: If the rupee touches 73 again, RBI should push the off-meeting button – The Financial Express
Flirting with danger: If the rupee touches 73 again, RBI should push the off-meeting button The set of initiatives unveiled by the government/RBI last weekend to
The GDP row is a fight of the fools – Here is why – The Financial Express
The GDP row is a fight of the fools Because politicians ultimately end up being policymakers, they should do better in appreciating the fact that
Why services exports aren’t a panacea for country’s trade deficit problem | Business Standard Column
The 13 per cent fall in the dollar value of the rupee so far this calendar year has focused attention on the country’s growing deficit
No need for curbs on gold to bring down the CAD, says Somasundaram PR | Business Standard News
Somasundaram PR The burgeoning current account deficit (CAD) has led to reports that the government may again restrict gold imports. However, Somasundaram PR, managing director, India of
Strong opposition pushes MSME Bill to backburner – The Hindu BusinessLine
The Bill to redefine Micro, Small and Medium Enterprises (MSMEs) may not see the light of the day as the government seems to have developed
To stem rupee slide, India may look to lock in oil futures – The Hindu BusinessLine
The Indian government is planning to ask state oil firms to lock in their crude futures purchase prices, a government source said on Thursday, anticipating
petrol prices: Why the government must move fuel to GST – The Economic Times
By Chetan Bhagat Fuel prices have hit all-time highs. Petrol crossed Rs 80 a litre. Diesel hit new records too. Fuel prices are technically supposed to
Don’t raise import duties on steel
The steel ministry reportedly wants to raise the effective import duty on some steel products to 15% from rates that range from 5% to 12.5%
Forget gold import duty, get the bond right first – The Financial Express
Given India’s imports of gold were $8.4bn in Q1FY19, it is not surprising the government wants to curtail demand; they were 18% of the trade
A high-intensity trade war lies ahead | Business Standard Column
President Donald Trump has now dropped the other shoe and there might even be one more to come: With the announcement on Monday that the US was slapping tariffs on additional
Trade War US Vs China—Cannon to right of them, cannon to left–Economic Times
On Wednesday, China slapped 10% tariffs on $60 billion worth of imports from America, in response to a similar tariff on $200 billion worth of
The Global Crisis is Undead–Economic Times
The Global Crisis is Undead It would be a mistake to talk of the Global Financial Crisis, taking Lehman Brothers’ filing for bankruptcy on September
External factors: Import curbs to stabilise rupee may not work – The Financial Express
If the announcement-effect of any government policy were to be the immediate judge of the efficacy of the same, then the five-point currency revival plan
Reserve Bank eases norms for overseas fund raising to prop up the rupee | Business Standard News
The Reserve Bank on Wednesday eased norms for companies in the manufacturing sector to raise overseas funds and allowed Indian banks to market Masala Bonds in line
Rupee Vs Dollar–Borrowing our way into trouble | Business Standard Column
The deteriorating trend of the current account deficit has been known for some time. But the government reacted only when the fall in the rupee value hit the headlines,
Fire-fighting – The Hindu BusinessLine
Arresting the rupee’s fall by adding to the high stock of short-term external debt is a bad idea The foreign exchange market does not seem
Editorial News: merger of banks is only bandage – केवळ मलमपट्टी | Maharashtra Times
केवळ मलमपट्टी केंद्र सरकारने देना बँक, विजया बँक आणि बँक ऑफ बडोदा या तीन राष्ट्रीयीकृत बँकांचे विलिनीकरण करून त्यांना एकत्रित रूप देण्याचा निर्णय घेतला आहे.
loksatta editorial on merger of dena bank bank of baroda vijaya bank | अशक्तांचे संमेलन | Loksatta
एकत्र येण्याने तीन बँकांच्या क्षमतेची जशी बेरीज होणार आहे त्याचप्रमाणे त्यांच्यावरील संकटांचीदेखील बेरीज होणार आहे.. आजारपणाच्या सुरुवातीस उपचार करणे टाळल्यानंतर आजार बळावतो आणि मग त्या
Government shouldn’t create market expectations it can’t meet–Economic Times
In a commentary around a fortnight back, this columnist had argued that the government’s correct response to a depreciating rupee would be to take no
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