There is little government or RBI can do on falling rupee. Lessons of May-August 2013 shouldn’t be forgotten The rupee has come under renewed pressure,
Category: Economy
Trading places: A cheaper currency to offer limited relief to exporters – The Financial Express–29.06.2018
The rupee’s drop to a fresh low of 69 against the dollar in intra-day trade on Thursday will provide limited relief to exporters, thanks to
Rising dollar, crude oil, US trade war push rupee to life-time low – Business Line–29.06.2018
The strengthening dollar, the rising price of crude, the Trump administration’s trade war and the sell-off by foreign portfolio investors roiled the rupee on Thursday,
Sinking rupee – The Hindu–29.06.2018
The rupee’s troubles just do not seem to end. On Thursday, the currency weakened past 69 intraday against the U.S. dollar, an all-time low. The
Double digit GDP growth is doable – OPINION – Business Line–27.06.2018
But it will take 3-4 years as agriculture, industry and services need to grow at higher rates on a continuous basis Getting GDP to grow
Economy still reeling under GST stress | Deccan Herald–26.06.2018
The credit growth in the country was in the negative zone for fiscal year 2016-17. Even as the country is preparing to celebrate one year
Off-balance sheet war chest of government?–Economic Times–26.06.2018
It’s still early stages, but the reported plan to have Life Insurance Corporation of India (LIC) infuse fresh capital in bad debt-laden IDBI Bank to
Leave LIC alone | Business Standard Editorials–26.06.2018
One of the options on the table for the revival of the troubled IDBI Bank is reportedly its purchase by the Life Insurance Corporation of India Limited, or LIC. Currently, India’s
RBI rate hikes are good for Indian economy, explains JP Morgan’s Jahangir Aziz – The Financial Express–23.06.2018
Loose fiscal and monetary policies pushed India to the brink of crisis in 2013, for which taper tantrum was the trigger, writes JP Morgan’s Jahangir Aziz
India must gear up for a trade war–Economic Times–21.06.2018
The trade war brewing between the US and practically all others could do serious damage to global growth, if it does actually break out. The
Over-taxed – Business Line–21.06.2018
The Centre should be looking to prune its tax rates instead of demanding higher pay-outs It is with a sinking feeling that taxpayers must have
Slippery argument: Contrary to what Jaitley suggests, lower fuel tax is both doable and desirable–20.06.2018
Union minister Arun Jaitley defended the current level of central taxes on retail prices of petroleum products by arguing that it raises revenue for growth
Probe into 80,000 shell firms hits dead end as govt fails to trace PANs | Business Standard News–20.06.2018
The probe into 80,000 shell companies struck off by the Registrar of Companies (RoC) in the first lot has hit a dead end. The government had not been able to trace
Subhash Chandra Garg: CAD at 2.5 per cent of GDP not a worry, govt has the tools | The Indian Express–20.06.2018
Economic Affairs secretary Subhash Chandra Garg on Tuesday said that current account deficit (CAD) in the range of 2-2.5 per cent of Gross Domestic Product
Rate hike: all’s not well in economy | Deccan Herald–20.06.2018
Rising inflation and high fuel prices prompted the Reserve Bank of India (RBI) to increase the benchmark short term interest rates by 0.25% for the
GST formalising economy, widening tax base, says Finance Ministry – The Financial Express–19.06.2018
The Finance Ministry today said it would be increasingly difficult for businesses to remain outside the tax net as GST is leading to formalisation of
No demographic dividend in India with 100 mn unskilled youth: Mohandas Pai | Business Standard–19.06.2018 News
India no longer enjoys the advantage of demographic dividend as it’s saddled with crores of youngsters with low skills unsuited to the economy, claimed a human resources
Why Urjit Patel is anxious about Fed tightening – Business Line–18.06.2018
Signs of stress are visible in the external debt data of the India’s private sector A day before the June monetary policy meeting, RBI Governor
Trump approves tariffs on $50 bn worth of Chinese goods – Business Line–16.06.2018
US President Donald Trump has approved tariffs worth $50 billion on import of goods from China, triggering the possibility of a trade war between the
It’s not just the CAD, even the BoP looks shaky – The Financial Express–15.06.2018
The oil bill, this year, will certainly be bigger than last year’s 9 billion. Weak exports, combined with a bigger oil bill, pushed India’s current
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