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
Category: Economy
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
GDP growth from FY04 higher under new series – The Economic Times
“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
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