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
Category: Economy
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
Is the USD ready to turn lower? – The Financial Express
Whatever you may think of Trump’s integrity, style, smarts or looks, there is no doubt that he has brought a cat amongst the pigeons on
Truth is that on growth, Modi govt’s performance has been astoundingly poor | Business Standard Column
Successful propaganda has one rule: You don’t try to muddle your narrative. It is unwise to try and convince people that two contradictory “facts” are
Series of reforms transformed economy: Jaitley – The Hindu BusinessLine
Finance Minister Arun Jaitley has cited IMF reports to highlight how the Narendra Modi-led government through a series of reforms has transformed the “weak economy”
GDP — much ado about nothing – The Hindu BusinessLine
GDP — much ado about nothing T- GST is all set to boost the GDP growth further. GST is all set to boost the GDP
P Chidambaram asks government to ’emulate’ UPA policies and not ‘envy’ – The Financial Express
A few days ago, a cheerleader for the BJP writing on the editorial page of a newspaper thanked Mr Arun Jaitley and me for engaging in a “high quality
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
Rupee fall no macro worry, was long overdue: Panagariya – The Hindu BusinessLine
Former Niti Aayog vice-chairman Arvind Panagariya has opined that rupee depreciation was long overdue, saying appreciated currency had hurt the country’s exports. Panagariya further said
Look beyond GDP numbers: The broader India story does not shine as much | Business Standard Column
The manner in which the two leading political parties got into a tizzy over some new numbers on growth of gross domestic product (GDP), put out by
Will do ‘whatever it takes’ for US economy, says US Fed chief Jerome Powell | Business Standard News
Avoiding any direct reference to President Donald Trump’s renewed criticism of the Federal Reserve’s handling of the economy, Fed chief Jerome Powell said on Friday the central
Formalising MSMEs: New private banks lead MSME lending – The Financial Express
Advances to small enterprises are currently witnessing the highest growth among sub-segments. With the introduction of the GST, micro, small & medium enterprises (MSMEs) are
Rupee depreciation: Fall collection unveiled–Economic Times
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
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
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