It must be election season. The uniformity of the media response to the annual RBI report stating that all the demonetisation cash had been returned to the
Category: Economy
Demonetisation debate: Why note ban was no failure but a mistake regardless | Business Standard Column
Ever since November 9, 2016, a debate has been in progress over Prime Minister Narendra Modi’s decision to demonetise high-value Indian currency. Some criticised it
Trade tensions: The current account is what counts – The Financial Express
In an increasingly interconnected global economy, cross-border trade and financial-capital linkages have come to matter more than ever. The current-account balance, the difference between a
Given this is what drove DeMo, it’s not surprising it failed – The Financial Express
With RBI confirming that just Rs 10,720 crore of the Rs 15.4 lakh crore that was demonetised in November 2016 did not come back into the banking
demonetisation policy: failure of demonetisation – असत्याचा अस्त! | Maharashtra Times Marathi Newspaper
असत्याचा अस्त! भारतीय रिझर्व्ह बँकेचा दीर्घकाळ प्रलंबित नोटाबंदी विषयीचा हिशेब अहवाल अखेर प्रसिद्ध झाला आणि विलंबाने का होईना, वास्तव समोर आले आहे. अर्थशास्त्राच्या कोणत्याही नियमात
Competition, not tax cuts, for fuels–Economic Times
The government is spot on in deciding to pass on higher costs of crude oil imports by duly raising retail prices of petroleum products back-to-back.
DeMon demon: The most ill-considered economic move by the Modi government has been demonetisation–Times of India
Following the release this Wednesday of Reserve Bank of India’s annual report of 2017-18, it is clear the government is clutching at straws by claiming
The final word | Business Standard Editorials
The Reserve Bank of India (RBI)’s Annual Report, released on Wednesday, provides, in some sense, the final word on the government’s demonetisation exercise, which began on November 8, 2016.
Formalisation of economy a sign of DeMo success, says Jaitley – The Hindu BusinessLine
Finance Minister Arun Jaitley found himself defending demonetisation yet again on Thursday, stating that invalidation of the non-deposited currency was not the only objective of
Needless turmoil – The Hindu BusinessLine
The RBI’s annual report shows demonetisation didn’t achieve its stated objectives If at all anybody nursed residual hopes that the Modi government’s November 2016 lightning
Defending DeMO – The Hindu BusinessLine
The govt need not be defensive, the scheme did have its positives The government’s filibustering held back the tabling of a report of the Standing
RBI fire-fights to protect capital flows – The Hindu BusinessLine
The RBI, in its annual report, has highlighted that it has rationalised regulations to facilitate better cross-border flows in FY18. It is apparent that the
RBI urges govt to expedite reforms for twin balance sheet problem | Business Standard News
The Reserve Bank of India (RBI) wants the government to intensify its structural reforms to address the twin balance sheet stress as well as issues relating to taxation,
A trade war is terrible for everyone | Business Standard Column
As the trade war escalates, for the first time in 20 years the world’s second largest economy China has reported a current account deficit of $28.3 billion
RBI Annual Report: Nearly all junked notes returned – The Financial Express
As much as 99.3% of the demonetised high-value notes returned to the banking system, the Reserve Bank of India’s annual report for 2017-18 said. (File
The depth of the next US recession – The Financial Express
The United States economy is doing well. But the next recession—and there is always another recession—could be very bad. The US Bureau of Economic Analysis
Current account deficit expected to be largely financed by FDI flows – The Financial Express
In its annual report released on Wednesday for the financial year 2017-18, the Reserve Bank of India (RBI) stated that the current account deficit (CAD)
Banks must prepare blueprint for long-term growth: Jaitley – The Hindu BusinessLine
Finance Minister Arun Jaitley on Monday said India has the potential to become the fifth-largest economy in the world by next year, and urged banks
What’s causing the rupee to weaken – The Hindu BusinessLine
Persistent current account deficit and net capital outflows are the key reasons for the fall The rupee has crossed the 70 mark against the US
A Bubble of Déjà Vu From Jackson Hole
It was at Jackson Hole, Wyoming, where central bankers gather to shoot the breeze and exchange views with economists that Raghuram Rajan had warned, in
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