The RBI policy decision does come as a surprise given that the overall inflation projections have not really changed significantly for the year being put at 4.6%
Category: Economy
Ahead of the curve | Business Standard Editorials
The six-member monetary policy committee of the Reserve Bank of India had a difficult job on hand in an uncertain environment. While headline retail inflation
RBI strikes another blow in inflation fight – The Hindu BusinessLine
The Monetary Policy Committee of the Reserve Bank of India on Wednesday decided to increase the repo rate by 25 basis points to 6.5 per
Higher interest rates are here to stay – The Hindu BusinessLine
With the credit policy of the RBI being announced six times a year, the expectations are that the action to be taken would be based
MPC overreacts – The Hindu BusinessLine
Citing “uncertainty over domestic inflation”, the Monetary Policy Committee (MPC) has opted for back-to-back repo rate hikes, as a result of which the borrowing rate
RBI begins simultaneous annual financial inspections for banks | Business Standard News
The Reserve Bank of India (RBI) has begun simultaneous Annual Financial Inspections (AFIs) for banks for the 2017-18 financial year with an aim to collate a system-wide note on
Two steps forward | Business Standard Editorials
An important contributor to the difficulty of doing business in India is the complexity, arbitrariness and length involved in resolving disputes with the government. At
Spare the taxpayer | Business Standard Editorials
The government’s failed attempt to privatise the airline it owns, Air India (AI), is already bearing bitter fruit. The airline is behind on its payments to several
S&P upbeat on India’s NPA-laden banking system, expects it to strengthen over 2 years – The Financial Express
India’s weak banking system will strengthen over couple of years as stressed loans are cleared and capital base expanded by government’s fund infusion in state-owned
GST: Half of taxpayer base had the option to stay out, but chose otherwise – The Financial Express
Half of taxpayer base had the option to stay out, but chose otherwise Over half of the 96 lakh regular taxpayers registered for the goods
The rupee is in a very sweet spot – The Financial Express
Hitendra Dave, the MD & head of Global Banking and Markets, HSBC India, believes the illiquidity in the primary bond markets could impact issuances which
Small units, big contributors – EDITORIAL FEATURE – The Hindu BusinessLine
Micro, Small and Medium Enterprises (MSMEs) are the backbone of any country, driving employment generation and GDP growth. In India, MSMEs manufacture over 6,000 products
GST collection may be Rs 517 bn less than budgeted target of Rs 6,039 bn | Business Standard News
The Centre’s collections from the central goods and service tax (CGST) stood at Rs 504 billion at the end of the first quarter (Q1) of
Looking beyond growth numbers – The Hindu BusinessLine
Growth story GDP growth is a necessary but not sufficient condition – istock.com/stock_shoppe A north-bound GDP is not enough to ensure sustainable economic well-being or
Redefining MSMEs – The Hindu BusinessLine
The Centre has set in motion a long-pending reform in its policy dispensation for MSMEs (Micro Small and Medium Enterprises), by tabling the MSME Development
SJM opposes move to change definition of MSMEs – The Hindu BusinessLine
The Centre’s proposal to change the definition of Micro, Small and Medium Enterprises (MSMEs) has been opposed by the Swadeshi Jagran Manch, a Rashtriya Swayamsevak
10% GDP growth not possible without improving HDI: NITI Aayog CEO | Business Standard News
Niti Aayog CEO Amitabh Kant has said the country needs to improve its human development index (HDI) to achieve a growth of around 10 per cent. “We are growing at
How Chinese goods are choking Indian industry and economy: The hard numbers | Business Standard News
Chinese imports have thrown a spanner in the wheel of India’s economic progress per se, and the industrial sector in particular,” the parliamentary standing committee on
Commerce Ministry urges RBI to consider all exports under priority sector | Business Standard News
The Ministry of Commerce and Industry has recommended to the Reserve Bank of India (RBI) to consider the entire export sector under priority sector lending
MSME: Chinese imports shut MSMEs down, lead to job losses: Parliamentary panel – The Economic Times
A parliamentary panel on Thursday asked the government to swiftly impose quality standards and check Chinese imports across several sectors – from toys and textiles to bulk