“The UPA also delivered the ONLY instance of double digit annual growth in modern Indian history,” it said. Indian economy clocked a 10.08 per cent
Category: Economy
Record! Whopping Income Tax collection – Rs 10.03 lakh crore during 2017-18 – The Financial Express
Income Tax collection in the country stood at a record Rs 10.03 lakh crore during 2017-18, the Central Board of Direct Taxes (CBDT) today said.
MSME exports hit more by issues related to GST implementation than demonetisation? Check what report says – The Financial Express
The report noted that the credit growth in the MSME sector had started decelerating even before demonetisation, and declined further during the demonetisation phase. MSME
RBI is right | Business Standard Editorials
The Allahabad High Court is set to hear on Monday the Reserve Bank of India (RBI)’s final submissions on a case filed by power companies
Rupee at all-time low does not concern Raghuram Rajan; here’s why he thinks rupee needs modest weakening – The Financial Express
The rupee on Thursday hit a fresh all-time low of 70.32 against the US dollar in opening deals, which does not concern former Reserve Bank of
The state of the economy | Business Standard Column
The recent (IMF) report on the Indian economy projects a gradual acceleration of growth but also draws attention to several downside risks. The report uses circumspect language
NPA worries: Outlook on banks to remain negative, warns Fitch; this whopping amount needed to bolster capital – The Financial Express
The rating agency believes the country’s banks will need USD 40-55 billion in additional capital to meet the Basel-III requirements by 2019. The outlook for
Modi’s elephant looks fitter but still can’t run – The Financial Express
Modi’s elephant looks fitter but still can’t run Prime minister Narendra Modi did well to highlight just how much India has changed over the past few years.
Defend the rupee, raise policy rates–Economic Times
The Reserve Bank of India (RBI) must stand ready to announce a significant, pre-emptive hike in policy rates, of, say, 0.5 percentage (50 basis) points.
Fall in rupee: What government has say – The Financial Express
Attributing the fall in rupee value against the US dollar to “external factors”, Economic Affairs Secretary Subhash Chandra Garg said today that there is nothing
Bad news for economy: Exports shrink; trade deficit widens – The Financial Express
In a bad news for economy, the trade deficit expanded to $18.02 billion in July as against $16.60 billion last month as oil imports surged
A new all-time low: Rupee at 70 a dollar now, but let us be reasonable | Business Standard News
The rupee has already plunged under 70 to a dollar. How much more? The question is very relevant, now that the rupee has breached that
Rupee rumbles – The Hindu BusinessLine
The rupee’s move towards the 70 mark against the dollar in the recent bout of weakness triggered by contagion-risk in emerging market currencies helps highlight
Staring at another crisis: There is increasing nervousness about inflation that Trump’s trade wars could exacerbate – The Financial Express
Staring at another crisis: There is increasing nervousness about inflation that Trump’s trade wars could exacerbate It is the nature of the beast that we
The rupee opportunity | Business Standard Editorials
The currency’s fall should be eased Last Updated at August 13, 2018 22:08 IST The rupee, alongside other emerging market currencies, has had a few
BJP opposed UPA corruption in telecom and coal, but its own AG blames Supreme Court for hurting these sectors – The Financial Express
Blaming SC for India’s woes is easy, but it is mostly poor government policy that is responsible. The BJP may have pilloried Kapil Sibal for his there-was-no-loss
Previous trade policies can help avoid pitfalls | Business Standard Column
In a couple of days, we will celebrate our 72nd Independence Day. A brief look at the trade policy in the last seven decades can help us avoid the
IMF’s prophecy – The Hindu Business-Line
For India to be the growth engine of the world economy, investment needs to pick up Exuding confidence in India’s structural reforms as well as
High growth alone is not the answer – The Hindu Business-Line
India needs to come to terms with political, social and economic tendencies that promote alienation, rather than inclusion There are great expectations about the growth
The view from Washington: IMF is optimistic on India, but has its caveats | Business Standard Column
Annual reports on countries, done by the World Bank and International Monetary Fund (IMF), are almost always politely worded and any criticism sugar-coated to the extent possible. Decoding the
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