By Rana Kapoor The rupee has generated significant degree of media attention in the last few months, with the currency touching a record low of
Category: Economy
US Federal Reserve to continue gradual rate hikes to manage potential risks – The Financial Express
US Federal Reserve Chair Jerome Powell has reiterated that the central bank will stick to the strategy of gradual rate hikes to manage potential risks
Well just to be fair, Indian authorities have brought down the fiscal deficit: Raghuram Rajan – The Financial Express
Former RBI Governor Raghuram Rajan has said that the rupee has not depreciated to ‘too worrying levels’, though the government needs to take care of the widening current account
Demonetisation killed rural wage growth, shows Ind-Ra data – The Financial Express
India’s rural wage growth has slumped from an average of 11% in the financial years 2013-15 to a mere 0.45% in the financial years 2016-18, due
More financial scams in the offing, says West Bengal FM Amit Mitra | Business Standard News
West Bengal Finance Minister Amit Mitra has termed the rising non-performing assets (NPAs) in the economy as a “serious crisis”. “Macroeconomic scenario of the banking
Why Donald Trump is pressuring the Federal Reserve on rates | Business Standard Column
Modern macroeconomics places great value on the idea of an independent central bank. Sitting above and apart from the political fray, wise central bankers are
Arun Jaitley as Finance Minister: Twin deficits, slow investments key challenges – The Financial Express
Union Finance Minister Arun Jaitley outside the North Block in New Delhi on Thursday. Arun Jaitley, who underwent a kidney transplant surgery in May, resumed
Fiscal consolidation: Time to dilute the Food Security Act – The Financial Express
The government is already in election mode, a time when analysts expect giveaways. But, these constrain public capex. It is a difficult time to rein
Saying it like it is – The Hindu BusinessLine
The GDP trajectory plotted by the Mundle committee appears quite plausible and the Centre shouldn’t try to whitewash it A fresh round of political acrimony
A ray of hope | Business Standard Editorials
The April-June 2018 quarter results have been encouraging for corporate India as earnings have come back into the green after contracting in three out of
बोलणाऱ्याची बोरे | Loksatta [ Economy ]
रिझव्र्ह बँक आणि सांख्यिकी विभागाच्या अहवालांनी मोदी सरकारची वातावरणनिर्मिती आणि प्रत्यक्ष वास्तव यातील तफावत समोर आली. प्रचार आणि वास्तव समजून घेण्यासाठी ताजे दोन अहवाल महत्त्वाचे
Cheering numbers: GST imparts a big push to Income Tax base – The Financial Express
According to official data, e-returns of 3.43 crore were filed between April 1 and July 31, 2018, compared with 2.24 crore in the year-ago period.
Internal strife hurting Rupee: If government is forcing RBI to loosen its purse strings, money would leave India faster than light – The Financial Express
The depreciation of the rupee and the attendant loss of reserves in managing the volatility should have been seen as a consequence of global forces.
Brace for more rupee weakness, advise Rabobank MD and senior economist | Business Standard News
Jan Lambregts MD & global head, financial markets research Rabobank International. Economic turmoil in Turkey affected global financial markets. JAN LAMBREGTS, managing director and global head of financial markets research
GST implementation an example of tax terrorism, says P Chidambaram – The Financial Express
The senior Congress leader also said that stagnant investment, fiscal deficit under pressure and the state current account deficit is having an impact on the
More uncertainty with rupee’s slide | Business Standard Column
Last Tuesday, the commerce ministry said the trade deficit for July was estimated at a little above $18 billion, as against one of nearly $11.5 bn during
Worrying signs on the forex reserves front – The Hindu BusinessLine
The Centre’s response to the recent bout of weakness in the rupee has been surprisingly nonchalant. While the RBI was mum, the Finance Minister decided
Indian economy grew in double digits twice under UPA govt, says panel | Business Standard News
The Indian economy grew in double digits twice during the tenure of the Manmohan Singh government (2004-14), shows the back-dated data on the new series of gross domestic
Macro economic instability, inflation, corruption were highest under UPA government: Surjit Bhalla, EAC-PM – The Financial Express
New GDP data does not change reality that ‘macro-economic instability’ was highest under the previous UPA government period, Economic Advisory Council to the Prime Minister
Rapid deterioration in India’s external sector – The Financial Express
With the trade deficit for July hitting a five year high of $18 billion on the back of a $17.1 billion deficit in June, India’s