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
Category: Economy
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
Project Sashakt: PSBs will need Rs 1.3 trn to tackle bad loans, says panel | Business Standard News
Public sector banks (PSBs) will need an additional capital of Rs 1.1-1.3 trillion over the next two years to implement a five-point strategy to tackle bad
Fiscal deficit likely to be bigger than what Budget says: Kaushik Basu | Business Standard News
Kaushik Basu, Cornell professor, president of the International Economic Association, and former chief economist at the World Bank, tells Advait Rao Palepu that in the event of
States want single audit of MSMEs – The Hindu BusinessLine
States governments have pitched for a single audit system for Micro, Small and Medium Enterprises (MSMEs) and for a one-time settlement scheme for legacy issues
Arriving at a fair value of the rupee – The Hindu BusinessLine
India must not remove cap on debt inflows in a hurry. A real exchange rate stable at 114-16 will stimulate exports This year rupee volatility
Economy of Maharashtra | सरकारी निवृत्ती | Loksatta
आर्थिक प्रगतीच्या संधींचा अभाव तर आहेच; पण आहेत त्या संधी मूठभरांच्या हाती.. म्हणून आरक्षणाची मागणी होत राहते.. कार्याचा कारणाशी काही फारसा संबंध नसेल तर जे
Absence of true fiscal fundamentals – The Financial Express
There is either a rumour, or false news, going around, and on a subject on which there should be no ambiguity—the magnitude of GST revenues
India is no country for older women | columns | Hindustan Times
A woman waits outside a bank in Amritsar, Punjab. The gender disparities faced by women get exacerbated in old age since the woman often has
RBI chief hails govt reforms – MONEY & BANKING – The Hindu BusinessLine
Reserve Bank of India Governor Urjit Patel, on Friday, said one cannot and should not underestimate the sagacity and uncommon courage of the government to
A game changer, IBC will have positive impact on economy: Injeti Srinivas – The Hindu BusinessLine
The Centre on Friday sought to silence critics of the Insolvency and Bankruptcy Code (IBC), who contended that the entire process was leading to “huge
India chooses between a falling rupee and a banking cash crunch – The Hindu BusinessLine
The Reserve Bank of India (RBI) faces a tough choice in how it uses its monetary muscle. Does it protect a fragile rupee or does
Leave e-markets alone – The Hindu BusinessLine
E-commerce policy draft proposals are into micro-managing platforms A raft of rather disturbing proposals on e-commerce policy, that goes against the first principles of liberalisation,
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