Pre-empting this week’s interest rate hike, RBI governor, Urjit Patel, published a very interesting article in the Financial Times over the weekend which provides some insight into
Category: Economy
India may cut expenditure to stick to 3.3% fiscal deficit: Moody’s – Business Line–08.06.2018
Moody’s Investors Service today said it expects India to stick to the estimated fiscal deficit of 3.3 per cent of GDP and even cut capital
RBI says rate hike wasn’t meant to boost rupee; analysts say it will | Business Standard News–08.06.2018
Reserve Bank of India Governor Urjit Patel signaled that Wednesday’s interest-rate hike was not aimed at defending the rupee. Analysts say that the move will still provide the much-needed
All options open: Repo rate increase signals RBI’s intent | Business Standard Editorials–08.06.2018
Taken in isolation, the unanimous decision of the Monetary Policy Committee (MPC) to increase the benchmark repo rate by 25 basis points 1 the first
Narendra Modi: RBI rate hike upsets PM Modi’s election year budget math – Times of India–08.06.2018
The Reserve Bank of India’s (RBI) first interest rate rise since Prime Minister Narendra Modi came to power could not have come at a worse time for
The power sector solution that is not–Economic Times–06.06.2018
Lenders have identified 11 power projects with a combined installed capacity of nearly 13,000 MW that have turned into non-performing assets for a special resolution
A fiscal storm looms: Don’t wait for Godot!–Deccan Chronicle–06.06.2018
Piyush Goyal, the interim finance minister, will need to be a lucky general if he is to overcome the triple challenge of widening trade and
‘Hand of government’ lifts March-quarter GDP growth to 7.7 per cent, says HSBC report – The Financial Express–05.06.2018
On one hand, while manufacturing and agriculture growth rose, exports and private consumption disappointed, it added. The “hand of government” was the main driver behind
Here’s what Suresh Prabhu is doing to boost India’s exports – The Financial Express–05.06.2018
As many as 15 projects were approved under by a commerce ministry scheme to develop infrastructure for promoting exports. (Image: Reuters) As many as 15
RBI must increase liquidity, wait to raise repo rates – The Financial Express–05.06.2018
While rising inflation could prompt RBI to harden its stance post the monetary policy review on Wednesday, even if it doesn’t actually hike the repo,
Monetary policy can only turn hawkish – Business Line–05.06.2018
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
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
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