In his reply to a parliamentary panel questionnaire on bank NPAs, or non-performing assets, former Reserve Bank of India (RBI) governor Raghuram Rajan has prescribed
Category: Economy
NPA uncertainty deepens | Business Standard Editorials
On Tuesday, the Supreme Court issued an order staying further moves against the distressed power sector by its creditors. It also transferred all the pleas in various
An election-year syndrome | Business Standard Column
India’s macroeconomic fundamentals have a tendency to get worse about a year before the general elections. This may be a recent trend and there is also no causal connection
Rupee tantrums – The Hindu BusinessLine
The focus should be on long-term reforms to plug the current account gap With the falling rupee and rising fuel prices turning into a burning
Indian stocks are expensive; rupee can hit 100/$: Marc Faber | Business Standard News
Marc Faber Oil prices, trade war fears and a plunging rupee has somewhat derailed the equity market rally in India over the past few weeks. MARC FABER, Editor
Cause for caution: On India’s GDP growth – The Hindu
India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this
India, the fastest growing major economy, is sitting on a wobbly throne – The Economic Times
By Anirban Nag and Vrishti Beniwal India’s world-beating economic growth is running up against some big risks: high oil prices, emerging market stress as the
Rupee plunges to record low as current account deficit widens to 5-yr high | Business Standard News
The Indian rupee and bonds sunk after the current-account deficit widened to the most in five years, as an emerging-market rout raises investor scrutiny of
Can the rupee fall be controlled? – The Hindu BusinessLine
Hedging oil contracts and addressing export finance hurdles will help. The RBI should articulate its view on the rupee The fall of the rupee has
RBI: India worried about rupee drop, mulls tapping NRIs – The Economic Times
A cut in taxes on petrol and diesel is ruled out for now as neither the central government nor some states have the appetite to
Raghuram Rajan | NPAs: Over-optimistic bankers, growth slowdown responsible for NPAs: Raghuram Rajan–Economic Times
Over optimistic bankers, slowdown in government decision making process and moderation in economic growth mainly contributed to the mounting bad loans, said former RBI Governor Raghuram
Fuel price cuts are a populist demand–Economic Times
The Opposition might think it is voicing popular anger over ever-higher fuel prices by making that the central point of its united strike action, the
A decade after the collapse of Lehman–Economic Times
The Lehman Brothers collapse is not to the global financial crisis what the Big Bang is to the world — it is a conventional marker,
Falling Rupee: How to ease importers’ trauma | Financial Express
the immediate terror is the apparent acceleration of the fall since August, when it has fallen by nearly 4 rupees (around 6%) in a little
Rajan hopes rupee won’t see free fall with RBI raising interest rate | Business Standard News
Former Reserve Bank Governor Raghuram Rajan Monday hoped that the rupee will not go in for a free fall as the central bank is appropriately raising interest rate to
How Lehman collapse changed the way financial systems are governed globally | Business Standard News
Lehman Brothers, a name now used synonymously with everything to do with the financial crisis of 2007-08, has become a watershed in the world of
Trade-deficit woes drag rupee to new lows – The Hindu BusinessLine
The free-fall in the Indian rupee continues. The rupee remained under pressure all through the week and tested the psychological level of 72 last Thursday.
Free trade is good, with transparency–Economic Times
Freer trade is in India’s interest, and especially so in the dynamic Indo-Pacific region, but trade distortions are wholly avoidable. Commerce and industry minister Suresh
For FY19 BoP outlook, capital flows are a bigger worry than current account deficit – The Financial Express
Even in Q4FY18, India had seen strong capital account flows that had resulted in a surplus of a robust .2 billion in the overall BoP.
Black to white magic – The Financial Express
According to the RBI, currency in circulation on October 28, 2016 (before demonetisation), was of the value of Rs 17,54,022 crore. Demonetisation is done but