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
Category: Economy
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
NPA: Retail loan is not a nirvana, former RBI deputy governor SS Mundra warns bankers – The Economic Times
SS Mundra, a former deputy governor of the Reserve Bank, today raised concerns over banks increasingly shifting their focus more onto retail loans than corporate
Big demonetisation impact! Income tax bonanza as lakhs of high net worth non-filers pay this whopping amount – The Financial Express
After demonetisation, a total of 3.04 lakh high-net-worth non-filers came under the scrutiny of the Income Tax Department for depositing more than Rs 10 lakh
Repeating past mistakes | Business Standard Editorials
One of the well-acknowledged policy mistakes in the initial decades after gaining independence was Indian policymakers’ fascination with protection of domestic industries via high import tariffs. Far
Wanted: Better trade policies | Business Standard Column
Over the past couple of years, two major economic reforms have taken off (though both may be considered as works in progress): the transition to
Explained: The impact of US tax reforms on Indian businesses – The Financial Express
The Tax Cuts and Jobs Act enacted by the US on December 22, 2017, is the most significant direct tax reform in the world in
India can be the engine of global growth for decades, says IMF – The Hindu BusinessLine
India will be an engine of growth for the global economy for the next few decades and it could play the role China did for
Why the run up in private banks may need watching – The Hindu BusinessLine
It is not unknown that private sector banks—with better earnings visibility and a somewhat more resilient show—have been the darlings of the market in the
PM urgently needs to focus on trade policy | Business Standard Column
Central bankers are not loose cannons. What they say matters. So what did RBI governor Urjit Patel quite mean when he warned against trade wars
Fiscal discipline key inflation shield
Central bankers are not loose cannons. What they say matters. So what did RBI governor Urjit Patel quite mean when he warned against trade wars
Undeclared NPAs in FY18 still at Rs 3 lakh crore – The Economic Times
There are over Rs 3 lakh crore worth of undeclared non-performing assets in the books of banks as of March 2018. These are by borrowers who have defaulted to
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