For the MPC, the good news is the buoyant fourth quarter GDP number, the bad news is the rising crude price The second bi-monthly Monetary
Category: Economy
Economy–Repair and recover | The Indian Express–05.06.2018
GST itself has stabilised, as businesses have adjusted to the new indirect tax regime, leading, in turn, to better compliance and revenue buoyancy. Slowly and
Narendra Modi: Indian economy like a car with 3 tyres punctured: P Chidambaram – The Economic Times–Economic Times–04.06.2018
Indian economy has become like a car whose three tyres are punctured, former finance minister P Chidambaram said today in Thane as he attacked the Narendra Modi government
The Walmart effect on economy | Business Standard Column–04.06.2018
Walmart’s $16 billion purchase of Flipkart has triggered a debate once again around the logic and the impact of it on the retail market in particular and
Rajiv Kumar interview: ‘Weakness in exports a worry; lazy banking must be jettisoned’ | The Indian Express–04.06.2018
Another round of reforms is required in the banking sector and the government should now focus on reducing the number of public sector banks, Niti
Higher than revised estimate: Centre’s FY’18 fiscal deficit at 3.53% – The Financial Express–03.06.2018
The Central Statistics Organisation on Thursday said nominal GDP stood at Rs 167,73,145 crore (up 10% on-year) as against the second advance estimate of Rs
Robust Q4 GDP trends suggest rosier 2018-19–Economic Times–02.06.2018
India seems to be gaining economic speed. Estimates for the fourth quarter, January-March, of 2017-18 by the Central Statistics Office peg GDP growth at 7.7%,
GDP: Investment revival underway but new challenges loom–Times of India–02.06.2018
The highlight of the week’s economic data was that gross domestic product in the January-March quarter grew at 7.7%, the highest recorded in seven quarters.
Turnaround time – Business Line–02.06.2018
Q4 GDP figures for 2017-18 indicate an economic revival, but these are early days yet With growth climbing consistently over the last three quarters of
Fuel price reduction — Govt in a bind: Niti Aayog says find fiscal space, ONGC has questions | The Indian Express–02.06.2018
AS GLOBAL oil prices continue to surge, the government’s key policy advisor is of the view that states have to take the lead in cutting
Fuel price reduction: We are already in the red, ONGC lets Minister know | The Indian Express–02.06.2018
The Oil & Natural Gas Corporation (ONGC) is reluctant to shoulder the burden of a cut in diesel and petrol prices and it seems more
Mixed growth signals – The Hindu–02.06.2018
Official data showing the GDP expanding at the fastest pace in seven quarters in the three months ended March 31, a brisk 7.7% at that, is reason
A senior adviser to PM Modi believes RBI needs better rupee policy | Business Standard News–01.06.2018
India’s central bank should step up its fight to curb turbulence in the rupee and ensure the currency doesn’t swing wildly, a senior adviser to
‘Costly crude, weak rupee can pose an immediate threat to growth’ – Business Line–01.06.2018
At 7.7 per cent, the GDP growth number for January-March quarter of FY18 beats all expectations but the economy still faces headwinds. BusinessLine caught up with Sunil
India’s exports may jump 20% in current fiscal 2018-19 to $350 billion – The Financial Express–30.05.2018
India’s exports are expected to record a growth of about 15-20 per cent and touch USD 350 billion in the current fiscal on account of
Sending a signal: RBI should consider raising rates, even if by 25 bps | Business Standard Editorials–30.05.2018
The Reserve Bank of India’s monetary policy committee (MPC) will meet for three days from June 4 to examine the direction of monetary policy and interest rates.
Bond rush – Business Line–30.05.2018
Retail NCD offers are picking up, but investors don’t seem to fully appreciate risks Retail bond offers are showing renewed buoyancy after muted activity for
Petrol price can be cut Rs 2.65 per litre if states want; but what about Centre? Read what this report says – The Financial Express–29.05.2018
States can cut petrol price by Rs 2.65 per litre and diesel by Rs 2 a litre if they decide to forego potential additional gains out of
Modi’s IBC punch: New era for banking, SBI ex-boss Arundhati Bhattacharya says; but there’s a challenge – The Financial Express–29.05.2018
Modi’s IBC punch: With Bhushan Steel’s Rs 36,400 crore resolution under the IBC, paving the way for many more cases, former SBI Chairman Arundhati Bhattacharya said
RBI shows who’s the boss – The Financial Express–29.05.2018
Monitoring the behaviour of the rupee, relative to the dollar index (DXY), over the past several months provides some insight into RBI’s current FX policy. From
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