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
Category: Economy
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
Rupee is falling, fuel prices are rising but Modi government to stick to guns on fiscal discipline: Official – The Financial Express
Rupee is falling, fuel prices are rising but Modi government to stick to guns on fiscal discipline: Official The government is determined to keep fiscal
Ben Bernanke admits Fed made mistakes combating financial crisis 10 years ago – The Financial Express
Former Federal Reserve Chairman Ben Bernanke acknowledged that policy makers made two critical errors fighting the financial crisis a decade ago: They failed to see
Structural reforms needed to fix CAD challenges | Business Standard Column
India is currently facing challenges in the management of its external account, reflected in worries about rupee depreciation, and concerns about the current account deficit (CAD). India’s
Blow to exporters | Business Standard Editorials
At a time when India is once again facing a rising current account deficit, it is reasonable to ask why the problem of an inability
Global financial crisis: How India can look ahead by looking back | Business Standard News
As a backstop to banks, a vibrant corporate debt market is absolutely essential for risk diversification In March 2007, I accompanied Axle Weber then President
Supreme Hiatus in Insolvency Proceedings–Economic Times
The Supreme Court has stayed bankruptcy proceedings set to be initiated against power producers and others till mid-November. Assorted debtors had challenged bankruptcy proceedings that
RBI Ex-Governors’ Insights on NPAs–Economic Times
This week, two former governors of the Reserve Bank of India (RBI) have spoken about financial and banking crises. Duvvuri Subbarao, governor from 2008-13 spoke
Lehman Brothers: Root of NPA woes is the restructuring carried out during the Lehman crisis – The Economic Times
India must consider setting up a sovereign wealth fund to invest excess reserves in commercial assets rather than in the might of the dollar. As
Lehman Brothers: We took both conventional and unconventional steps: Duvvuri Subbarao – The Economic Times
We would have done everything that we did in real time because we were operating in real time within the universe of knowledge available to
Stimuli helped weather storm but skewed macros – The Economic Times
Duvvuri Subbarao has had the most inauspicious start to his stint as RBI governor. Within days of assuming office, Lehman Brothers collapsed leading to the worst global financial