After the merger of State Bank of India with its five associate banks, Bank of Baroda had long been under focus for possibly being the
Category: Economy
Bank Mergers–Unions oppose proposal to merge three lenders – The Hindu BusinessLine
Bank unions say they will oppose the proposed amalgamation between Bank of Baroda, Dena Bank and Vijaya Bank, claiming the move is anti-people and will
Rupee in a global world | The Indian Express
The crux of the problem is that India’s macroeconomic framework is based on an antiquated belief that the economy is closed when in reality it
Welcome commitment to hold the rupee
The government has done well to try and address concerns on the rupee. The most credible and reassuring statement is that the government would not
Across the Aisle: A big ask in election year – The Financial Express
Numbers yo-yo up and down from month to month. Hence, economists and analysts always look for a trend, over a quarter or half year, before
Commerce Ministry eases process to avail export incentives under MEIS scheme – The Financial Express
The commerce ministry’s foreign trade arm DGFT has simplified the procedure for traders to avail export incentives under the MEIS scheme, a move aimed at
Gold industry worried that govt will curb imports to stem CAD, rupee fall | Business Standard News
The government’s decision to put curbs on imports of non-essential commodities has sent ripples through the gold industry. In the past too, the yellow metal
Govt’s economic fire-fighting | Business Standard Editorials
Some speculation about how the government planned to deal with the overheating economy has been set to rest by the government over the past few days. Finance
Growing out of this banking crisis is harder | Business Standard Column
In post-1991 history, we in India have gone through two cycles of boom and bust. The investment boom of 1994 gave way to the woes of the
Don’t politicise NPAs – The Hindu BusinessLine
Raghuram Rajan’s balanced assessment calls for a more considered response A few days ago, former Reserve Bank Governor Raghuram Rajan made a lucid, objective submission
No cut in capital expenditure in current fiscal as it is necessary for growth: Arun Jaitley – The Economic Times
Govt will stick to 3.3% fiscal deficit target, says Jaitley FinanceNSE 2.54 % minister Arun Jaitley today said that the government will end the current fiscal year without
india exports: Government should focus on boosting exports, import curbs may not help control CAD: FIEO – The Economic Times
The government should focus primarily on boosting exports to check the widening current account deficit as imposing curbs on imports may not have a significant
Government’s measures to stop depreciation of rupee ‘half-hearted’: P Chidambaram – The Financial Express
“Government’s five “measures” announced yesterday are half-hearted and too late. Because government was in denial,” the former Finance Minister said on Twitter. Senior Congress leader P. Chidambaram
Intensive care for exports | Business Standard Column
The current government started its tenure with a manifest agenda of nursing economic growth, infrastructure development, and augmenting job creation. These economic objectives are intricately
Policy needs to keep up with changing job profiles: report – The Hindu BusinessLine
Policy makers should take into account how internet is creating new wave of jobs and should integrate the traditional method with new age tools and
Government brings in 5 big measures to get widening CAD under control – The Economic Times
The government Friday announced an array of steps, including removal of withholding tax on Masala bonds, relaxation for FPIs, and curbs on non-essential imports, to
JPMorgan: Govt may have to sacrifice growth to reduce fiscal deficit: Jahangir Aziz, JPMorgan – The Economic Times
Fix CAD, fiscal deficit first: Jahangir Aziz, JPMorgan Highlights When CAD and fiscal deficit go up, bond yields go up and exchange rate depreciates. The
Ironing out the GST wrinkles – The Financial Express
The GST Amendment Bill of 2018 is the first ever revision to the supreme law regulating the GST. The Monsoon Session of the Parliament will
Playing with fire on duty cuts for petrol and diesel – The Financial Express
Right now, the highest rate of taxation under GST, however, is 28% though the GST law allows for this to be raised to a maximum
Domino effect – The Hindu BusinessLine
The IL&FS downgrade has lessons for many other financial market constituents The ruckus that has followed the recent credit downgrade at project financier Infrastructure Leasing
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