Banks are strengthening their credit monitoring departments to ensure that loans don’t get into restructuring mode, with attendant provisioning consequences, as the Reserve Bank of
Category: Economy
Warnings on the external account: CAD could expand to 2013 levels | Business Standard Editorials–25.04.2018
The government has repeatedly argued that among its major achievements is moving India out of the “fragile five” economies identified during the “taper tantrum” of
Suresh Prabhu: A new industrial policy will soon be announced, emphasis on MSME–Economic Times–24.04.2018
Opening the plenary session, the MSME Secretary, Arun Kumar Panda, said India is perhaps the only country to count Micro enterprises, and the total count
Finance Ministry not for cut in excise duty on petrol, diesel – The Hindu–24.04.2018
The finance ministry is not in favour of cutting excise duty on petrol and diesel to provide relief to the common man from spike in their prices
demonetisation: GST roadblocks hit India’s export prospects in FY’18: PHD – The Economic Times–22.04.2018
Roadblocks such as delay in GST refunds and after effects of note ban hit India‘s export prospects in 2017-18 amid a revival in global demand mainly in key markets of
Due date: Government should fully back tougher NPA norms–Times of India–21.04.2018
There are many explanations for Indian banks’ bad loan crisis, best captured by the increase in stressed assets from 5.9% of loans in March 2011
Why 2018-19 holds the promise of delivering above-normal growth | Business Standard Column–21.04.2018
By all accounts, the new financial year will be a year of recovery. Buoyed by the prospect of a normal monsoon and a return to normalcy after
Bumper crop expected; wastage, too | Deccan Herald–21.04.2018
The unseasonal rains in April notwithstanding, Punjab, known as the granary of India, expects a bumper harvest. So do most other states, if farmers and
Railways operating ratio indicates failure of its management: Chidambaram–21.04.2018
Former Finance Minister P Chidambaram on Sunday said the available information about the Indian Railways’ operating ratio, the direct indicator of working of the national
RBI minutes: Patel, most MPC members in favour of more data before changing policy stance – Times of India–20.04.2018
Favouring status quo on key policy rate, RBI Governor Urjit Patel preferred to wait for more data before changing monetary stance though he took note
India has 19 crore adults without a bank account despite success of ambitious Jan Dhan Yojana, says World Bank – The Financial Express–20.04.2018
India has 19 crore adults without a bank account despite the success of the ambitious Jan Dhan Yojana, making it the world’s second largest unbanked
Indian banks’ NPA woes: Privatisation no solution; stronger watchdog maybe? | Business Standard News–20.04.2018
To many economists, the solution to India’s bad-loan crisis appears as obvious as the problem: Privatize state-owned banks, which have racked up billions more in
Falling apparel exports – Business Line–20.04.2018
India’s apparel exports have dropped about four per cent to $16.7 billion in 2017-18. This is alarming, as this is the first reversal after years
India to be the world’s fastest-growing major economy in 2018: Poll – Business Line–20.04.2018
India will claim the top spot among the world’s fastest-growing major economies this year, but rising trade tensions between the United States and China may
china us trade war: India may become surprise victim of trade war, says Rabobank – The Economic Times–19.04.2018—–*****
India’s economy will be hit hard by a combination of a global tariff war and the U.S. Federal Reserve’s monetary tightening cycle, according to a
bad loans: RBI worried over rise in one-day default norms breach – Times of India–19.04.2018
Reserve Bank deputy governor NS Vishwanathan on Wednesday raised concerns over the large number of borrowers failing on the one-day default norm, and asked the
Prabhu promises exporters to take up GST refund issue – The Economic Times–19.04.2018
Commerce and Industry Minister Suresh Prabhu on Wednesday assured exporters of taking up the issue of Goods and Service Tax (GST) refund with the finance
India must fully implement GST to avoid tax revenue underperformance: IMF – The Financial Express–19.04.2018
India, which has recovered from disruptions caused by demonetisation and the rollout of the GST, must fully implement the new nationwide indirect tax to avoid
New NPA resolution norms outcome oriented, flexible: RBI – The Financial Express–19.04.2018
Defending the Reserve Bank of India’s (RBI) norms on resolution of banks’ non-performing assets (NPAs), or bad loans, announced in February, RBI Deputy Governor N.S.
RBI may give freer rein to Rupee as US puts India on monitoring list for currency manipulation – The Financial Express–18.04.2018
India’s addition to the U.S. Treasury’s monitoring list for currency manipulation makes it more likely the Reserve Bank of India will give freer rein to
aniltikotekar4sme.com 