Defend demonetisation, but at least sound credible With RBI publishing its final figure—99.3%—for cancelled cash that was returned to the banks, the government’s primary target of demonetisation
Category: Economy
Attacking Raghuram Rajan to defend demonetisation is not justified – The Financial Express
It is ironic NITI Aayog vice-chairman Rajiv Kumar should criticise former RBI Governor Raghuram Rajan’s tremendous effort to clean up the banking system when the NDA government’s biggest
fuel price hike – असह्य भडका | Maharashtra Times Marathi Newspaper
असह्य भडका आंतरराष्ट्रीय बाजारातील कच्च्या तेलाचे चढे दर आणि डॉलरच्या तुलनेत अशक्त होत चाललेल्या रुपयाने सध्या कुणाचा आर्थिक छळ मांडला असेल तर तो भारतीयांचा. ऑगस्ट
[ Rupee ] Let it fall | Business Standard Editorials
The rupee fell further against the dollar on Tuesday after opening at Rs 71.28, lower than Monday’s close of Rs 71.21. Some analysts’ expectations that it may
A Ban Too Far by the Supreme Court–Economic Times– [ Supreme Court Ban on Construction Activity in States that do not have Solid Waste Management Policy ]
Suppose an irate headmaster punishes two students for failing to do their homework by barring their neighbours from going to work, and, further, is in
To defend demonetisation, NITI Ayog’s Rajiv Kumar slams BJP’s NPA policy – The Financial Express
Other than it being a way to defend prime minister Narendra Modi’s demonetisation, it is difficult to understand why NITI Aayog’s vice-chairman Rajiv Kumar blamed the
Demonetisation: India wrongly blaming Rajan for the failed war on cash | Business Standard News
When there’s no trick left to defend a spectacularly failed experiment, blame Raghuram Rajan. If India’s top policy think tank is to be believed, the
Rupee likely to fall further: SBI – The Hindu BusinessLine
RBI’s sterilised intervention fails to yield results, says the bank’s research report The decline in the rupee, which closed at yet another all-time low
Building from waste – The Hindu BusinessLine [ Ban by Supreme Court on construction activity in States that do not have a Solid Waste Management Poliy ]
The construction industry’s gripe against the Supreme Court ban lacks conviction The Supreme Court has created a flutter by staying construction activity in States that
Rupee to stabilise on its own, dip not due to domestic factors: Govt – The Hindu BusinessLine
With the rupee hitting a fresh low, the government Tuesday said the currency will stabilise on its own as there are no domestic factors contributing
RBI: Rupee weakness poses ‘dilemma’ for RBI at October meeting – The Economic Times
via RBI: Rupee weakness poses ‘dilemma’ for RBI at October meeting – The Economic Times
NPAs, not demonetisation, caused slowdown: NITI Aayog VC Rajiv Kumar – The Economic Times
Bank NPAs during UPA regime hampered growth, not DeMo: NITI Aayog’s Rajiv Kumar NITI Aayog Vice Chairman Rajiv Kumar on Monday said the slowdown in India’s GDP growth rate
RBI data: Loan defaults by MSMEs doubled in last fiscal – The Financial Express
Micro, small and medium enterprises (MSMEs) seem yet to recover from the twin shocks of demonetisation in 2016 and a chaotic introduction of goods and
Now that the base effect is over, expect a lower GDP; what’s worrying is rising interest rates as well as CAD – The Financial Express
Now that the base effect is over, expect a lower GDP The economy has clocked a stellar 8.2% y-o-y growth in the three months to
Bold Policy to Keep Growth Buoyant–Economic Times
The Central Statistics Office estimates that gross domestic product (GDP) grew, in the first, April-June, quarter at a delightful 8.2% over the like period last
Don’t just do something, sit there | Business Standard Column
US economic policy has shifted in favour of big deficits and higher interest rates. This sucks global capital into the US. That gives stress in asset prices and exchange rates
The 8 per cent challenge – The Hindu BusinessLine
The economy is now more self-sustaining than before, but macro risks threaten the 8% target Just when the din was dying down on the NDA
Modi government: Demonetisation: All cost and little benefit – The Economic Times
Small enterprises were the worst hit. It stands to reason that they would have had to borrow to tide over hard times. Now that the
View: Cash ban may have driven Indians away from banks – The Economic Times
By Mihir Sharma The Indian central bank’s final tally of Prime Minister Narendra Modi’s 2016 demonetisation drive, intended to take money derived from tax evasion out of
Across the aisle: Jobs- The make or break issue – The Financial Express
The Concise Oxford Dictionary defines ‘interview’ as a face-to-face conversation between a journalist and a person of public interest. Keeping that in mind, the several