The Oil & Natural Gas Corporation (ONGC) is reluctant to shoulder the burden of a cut in diesel and petrol prices and it seems more
Category: Economy
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
The decline of the concept of GDP – Business Line–29.05.2018
GDP number rarely reflects the true picture in any sector and the discrepancy can be significant The GDP growth rate is probably the most commonly
Across The Aisle: Who is minding the store? – The Financial Express–27.05.2018
While you were absorbed in the designed-to-be-nail-biting-finish IPL cricket matches and the game of thrones in Karnataka, something happened to the economy. It is time
The 3 Cs the government should be wary of – Business Line–27.05.2018
In the coming months, crude, crops and currency will determine the country’s inflation outlook The benign inflation situation for several quarters seems to be under
Govt hikes customs duty on wheat to 30% to curb cheaper imports – The Hindu–27.05.2018
The government has raised the customs duty on wheat from 20 % to 30 % in order to curb cheaper imports and protect domestic growers. The import
Centre can’t afford to cut taxes on something as remunerative as fuel – The Hindu–27.05.2018
With petrol and diesel prices hitting record levels over the past few days, calls from industry chambers and consumers for the government to cut its excise duty
Crude oil may derail economy–Deccan Chronicle–27.05.2018
India’s macro-economic indicators are expected to take a hit this year, with crude oil expected to remain elevated at $75 a barrel. “A rise in
How to moderate retail fuel prices–Economic Times–26.05.2018
The government is reportedly still deliberating options to bring down soaring retail oil prices, which have been raised daily for over ten days now following
IBC, GST, JAM…but for jobs, a good start – The Financial Express–26.05.2018
Achche din may be several years away, but the NDA government under Prime Minister Narendra Modi must get full marks for trying. Four years into the government’s
Fuel Price Hike:government on fuel price hike | टोलवाटोलवीला इंधन – Maharashtra Times–26.05.2018
पेट्रोल आणि डिझेलचे दर रोज नवे उच्चांक प्रस्थापित करून सर्वसामान्यांचे आर्थिक गणित बिघडवत असताना त्यांना थोडाफार दिलासा देण्याऐवजी केंद्र आणि राज्य सरकार परस्परांना कर कमी
Oil prices and US interest rates control rupee’s fate – The Economic Times–25.05.2018
Where the rupee finally settles and finds a degree of stability will depend on whether this sudden sharp turn in sentiment sustains. Let’s get a