The US Treasury recently placed India on the watchlist on the issue of currency manipulation. Two of its three tests make no sense, but there are grounds
Category: Economy
Currency games – Business Line–18.04.2018
There are no valid grounds for the US to accuse India of being a currency manipulator By naming India as one among six countries whose
Divided we fall: on the 15th Finance Commission – The Hindu–18.04.2018
Prime Minister Narendra Modi thinks vested interests are behind the “baseless” allegation that the terms of reference of the 15th Finance Commission are biased against certain States
Industrial rebound calls for credit–Economic Times–16.04.2018
The Index of Industrial Production has notched a credible 7.1% increase in February (over the like period last year); output has been buoyant for four
No friction with RBI, different views natural: Economic affairs secretary Subhash Chandra Garg – The Economic Times–16.04.2018
Investment revival is expected now. You don’t invest when there is spare capacity, you invest when capacities have been breached and you need fresh capacities,
India needs robust exports, investment to achieve 8% growth: ADB – Business Line–16.04.2018
India can achieve over 8 per cent growth rate in a sustained manner if it takes steps to revive investments and make exports competitive, said
Rupee — what lies ahead – Business Line–16.04.2018
After a strong 2017, the rupee appears wobbly this year. A look at the factors behind the fall and what’s in store The year 2017
Bonds issued by corporates touch ₹6 lakh crore – Business Line–14.04.2018
Corporate bond issuances in the last fiscal totalled ₹6 lakh crore, but the market is still dominated by private placements, a report from Care Ratings said.
Big cost of loans from small saving schemes–Economic Times–14.04.2018
The government’s borrowing cost is going up, even when the yield on gilts trends down. This is neither good for a functioning debt market nor
Why volatility is back to haunt bond markets? – Business Line–14.04.2018
The party in bond markets that began with the Centre lowering the borrowing programme for the first half of 2018–19 and the RBI topping it
As labour-intensive sectors take a hit, exports dip in March – Business Line–14.04.2018
A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6
Too much caution hurting growth recovery? – Business Line–12.04.2018
The RBI’s pause is in order as inflation is a heady mix of structural and cyclical factors As expected, the RBI in its first bi-monthly
Banks’ joust with RBI on new NPA framework reaches House panel–Deccan Chronicle–12.04.2018
A Parliamentary panel on Tuesday met Reserve Bank governor Urjit Patel and top bankers to discuss the revised NPA framework. Lenders are seeking respite from
Fuel prices: Stop cheating consumers–Deccan Herald–12.04.2018
The steady increase in the prices of petroleum products, especially petrol and diesel, after the dismantling of the administered price mechanism has hurt citizens. The
Doubling of farmers’ income: Time to swing into action – Here is why – The Financial Express–11.04.2018
One of the most important statements made in recent times by the government was the declaration of its intention to double farmers’ income by 2022.
Demonetisation in India: Cash is back as king; at record high level–Deccan Herald–11.04.2018
A year-and-a-half after the note ban, cash circulation has returned to its peak levels despite several measures initiated by the government to increase digital transactions.
MSME Ministry, GSTN to soon ink pact for data sharing–Deccan Chronicle–11.04.2018
The MSME ministry will soon sign an agreement with GSTN, the IT backbone of GST, for sharing of data related to small and medium enterprises
Inflation: India could face high inflation, low growth – Mr. Madhavan Kutty–The Economic Times–11.04.2018—–*****
The Reserve Bank of India‘s (RBI) bi-monthly monetary policy announced on April 5 maintained a status quo on rates but it contains a strange contradiction. This
Why India’s oil economy needs prudent supply management – The Financial Express–11.04.2018—–*****
International prices of crude oil have been ruling firm in March 2018, close to $70 per barrel. Several factors are responsible for this buoyancy, which
Hope for progress this financial year | Business Standard Column–
The new financial year has started on a positive note, despite the protectionist measures of America and retaliation by China. The Reserve Bank of India (RBI) has said