The rupee crossed the 72-a-dollar mark on Thursday, but retreated on intervention by the Reserve Bank of India (RBI). The currency fell to 72.07 a dollar in intra-day trade, but closed
Category: Economy
The fuzzy impact of demonetisation – The Hindu BusinessLine
DeMo does not seem to have impacted black money hoards. It may, however, lead to improved tax compliance in the long run The recently released
Rupee devaluation: How government should deal with falling rupee – The Economic Times
In 2013, the rupee had fallen 23% between Feb and Aug. In 2018, the fall is 11% between Jan and Sept. The rupee was falling…
Rupee: Mechanics of rupee fall: There is more to it than what meets the eye – The Economic Times
The fact that the rupee overvaluation is now getting corrected in REER terms is positive. The recent steep depreciation of the rupee has created headlines. Though the
GDP Growth: Member of RBI’s rate-setting panel questions GDP growth numbers
The Reserve Bank of India has maintained its full-year growth forecast at 7.4 percent, while flagging risks from high oil prices and trade tensions turning
Global factors behind rupee fall, no need for knee-jerk reaction: Arun Jaitley – The Economic Times
Finance Minister Arun Jaitley Wednesday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions. He further said
Defend demonetisation, but at least sound credible – The Financial Express
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
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
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