Well, I guess, it is a case of global factors being extremely negative from our perspective. Oil prices being where they are, US economy being
Category: Economy
Banks merger a progressive step: Ficci – The Economic Times
Industry body Ficci Monday termed the government’s decision to merge three state-owned banks as a progressive move, noting that it signifies the government’s commitment to strengthen the
Global factors to be blamed for rupee depreciation, says Finance Minister Arun Jaitley – The Financial Express
Finance Minister Arun Jaitley Monday blamed the depreciation of rupee to a combination of global factors, including trade war and internal policy decisions of the United States.
Return of the financial crash? – The Financial Express
As it was the tenth anniversary of the collapse of Lehman Brothers, the talk in town has been of a recurrence of that nightmare. As
Raghuram Rajan’s AQR for PSBs wasn’t a pragmatic move – The Financial Express
Banking dynamics were changing during Rajan’s Governorship, so were policies of regulator. The Note reads like a list of reaction function, not a research-based, policy-driven
Modi government’s big target: Whopping 14% rise in direct tax collections to Rs 11.5 lakh crore in FY19 – The Financial Express
Modi government’s big target: Whopping Rs 11.5 lakh crore direct tax collections in FY19 CBDT Chairman Sushil Chandra Monday expressed confidence in exceeding Rs 11.5
Corruption costs $2.6 trillion or 5 per cent of global GDP, says UN chief Antonio Guterres – The Financial Express
The cost of corruption is at least USD 2.6 trillion, or five per cent of the global GDP, UN Secretary-General Antonio Guterres has said and
Merger of banks: This is the best combination possible, says Vijaya Bank MD | Business Standard News
Vijaya Bank’s Managing Director and Chief Executive Officer R A Sankara Narayanan Bengaluru-based Vijaya Bank’s Managing Director and Chief Executive Officer R A Sankara Narayanan said these
The fair value of rupee | Business Standard Column
While the recent fall of the rupee against the dollar has raised concerns, the moot point here is — has the rupee really fallen. Leave aside the dollar, which
Rupee resumes fall as govt measures fail to click – The Hindu BusinessLine
It was a volatile week for the Indian rupee. The currency tumbled to a new record low of 72.91 on Wednesday, and recovered sharply from
Bank Merger–Amalgamation plan puts Bank of Baroda’s recovery efforts on the backburner – The Hindu BusinessLine
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
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
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