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
Category: Economy
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
Fed hike is good for the US markets; FII outflow from India can accelerate | Business Standard News–15.06.2018
On the positive side, the Federal Reserve seems to think that the US economy is headed for better times. It feels that the growth is very robust
Going on a hike | The Indian Express–13.06.2018
In its most recent meeting, the Monetary Policy Committee (MPC) of the RBI raised the policy interest rate for the first time since it was
Exports, Private Investment, Private Consumption – the three tyres of Indian Economy punctured: Chidambaram – The Financial Express–12.06.2018
Former finance minister P Chidambaram today said that state of the economy was bad in the country due to the wrong policies of the NDA government and
Taming India’s core inflation: Rate hike was inevitable, but sticking to neutral stance risks MPC’s credibility – The Financial Express–12.06.2018
It is difficult to comprehend a situation in which we confront inflation outside food—the so-called “core inflation”. The narrative about food inflation being the key
Demonetisation: Indians may have gone back to cash & credit pay – The Economic Times–12.06.2018
Indians have likely reverted to their old habit of paying by cash for small purchases with currency circulation improving to near pre-demonetisation levels, indicates an analysis of
Welcome reform of the bond market: RBI’s latest steps will improve capital allocation–Economic Times–10.06.2018
The Reserve Bank of India has announced welcome steps to shore up the government securities (G-Sec) market. It would boost financial sector development, better determine
Across the aisle: Governments hide, people seek – The Financial Express–10.06.2018
How much can you hide behind one number? A lot, if the media played ball. On the day after the Central Statistics Office (CSO) released
A vicious cycle: on trade wars – The Hindu–09.06.2018
Nobody wants to lose a trade war. The European Commission on Wednesday announced it would impose tariffs as high as 25% on imports worth $3.3
RBI amends Gold Monetisation Scheme to make it more attractive – The Financial Express–08.06.2018
The Reserve Bank of India (RBI) has made changes in the Gold Monetisation Scheme (GMS) to make it more attractive. The revamping of the scheme
PSBs recapitalisation plan insufficient to support credit growth, says global ratings agency Moody’s – The Financial Express–08.06.2018
Global ratings agency Moody’s today said the government’s recapitalisation plan for 21 state-run banks will help them in meeting regulatory capital needs, but will be
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