It’s US-China trade war, India does not need to get involved: Arvind Virmani Asserting that even India is not a champion of the open economy,
Category: Economy
Rising risks — on Fed rate hike – The Hindu–24.03.2018
The U.S. Federal Reserve continues to slowly pull away the punch bowl as the party gets going. This week the Fed raised its benchmark short-term
PNB fraud: Need to rethink over PSBs ownership if to ward frauds off in future: CEA Arvind Subramanian – The Economic Times–23.03.2018
Pitching for radical reforms in the banking sector, Chief Economic Adviser (CEA) Arvind Subramanian today said that time has come for rethinking on the ownership
Fed rate hike makes inflation a concern–Editorial in Economic Times–23.03.2018
The Federal Reserve’s decision to raise policy rates by 25 basis points to 1.75% and forecast a steeper path of hike in 2019 and 2020
After Paul Krugman warns of ‘mass unemployment’, Raghuram Rajan says AI threatens skilled jobs – The Financial Express–23.03.2018
Days after nobel laureate Paul Krugman warned that India could end up in mass unemployment if it fails to upgrade manufacturing and services, former rockstar
Worry for Modi? UBS sees India’s external finances at risk despite high forex reserves – The Financial Express–23-03-2018
India’s record foreign exchange reserves somewhat mask the country’s vulnerability on its external finances. That’s the takeaway from a note by UBS Group AG’s India
India’s CAD trouble to not end soon! ICRA says it may treble to $10-12 billion this quarter – The Financial Express– 23-03.2018
The country’s current account deficit (CAD) is likely to treble to USD 10-12 billion in the fourth quarter of the current financial year, against the
Is the economy back on track? – The Hindu
YES |Jagdish Shettigar Disturbances on account of demonetisation and GST were purely short term Looking at various indicators such as an increasing trend in the
Chinese cars: Second wave of Chinese goods could be invading your parking lot – The Economic Times–22.03.2018
SAIC Motor will introduce the Morris Garages (MG) brand in India in 2019. China has become synonymous with cheap goods in India. But that can
All that is needed is political courage to clean up PSBs’ governance | Business Standard Column–22.03.2018
The last edition of this column spoke about the unaddressed vital reform of ownership of public sector banks that is holding back governance of these
Bhartiya Mazdoor Sangh: Bharatiya Mazdoor Sangh slams labour ministry’s move to extend fixed-term employment to all sectors – The Economic Times–21.03.2018
RSS-affiliate Bharatiya Mazdoor Sangh has slammed labour ministry’s move to extend fixed-term employment to all sectors, saying permanent employment will vanish from the industrial sector
Uday Kotak: Watch: More pain lurking for banks in SME loans, says Uday Kotak | The Economic Times Video | ET Now–21.03.2018
“The belief is that a lot of the challenges in the banking system are essentially on large businesses. I think we’ve also a pretty sensitive
Modi can do better, indicate Raghuram Rajan’s recent comments – The Financial Express–21.03.2018
Raghuram Rajan, the former RBI governor known for his candid personality that continues to make him quite popular in India even after leaving the office in 2016,
Disappointing agriculture policy: Leaves room for future bans on exports of rice, wheat etc – The Financial Express–21.03.2018
The biggest bottleneck where India’s agri-exports are concerned has been the arbitrary policy framework; governments have been prone to clamping down on exports of one
[ Role of Banks ] Fuelling growth – Business Line–21.03.2018
The emerging narrative on the Indian economy, spelt out by the Economic Survey 2017-18 and affirmed by World Bank and credit ratings agency Fitch last
The fraying Gujarat model – Business Line–21.03.2018
NITI Aayog Vice-Chairman Rajiv Kumar during a visit to Gujarat recently observed that though the State’s performance on industry and infrastructure is to be lauded,
Fixed term employment: Government extends facility of fixed term employment for all sectors – The Economic Times–21.03.2018
The government has extended the facility of hiring workers on fixed term employment to all sectors for improving the ease of doing business for players
Raghuram Rajan says 7.5% growth rate is not enough to create jobs – The Economic Times–21.03.2018
On how quickly can India achieve 10% growth, Rajan said that could happen after the Lok Sabha elections next year because reforms would now be
The futility of demonetisation: Cash is back, and with a vengeance | Business Standard News–21.03.2018
In November 2016, when demonetisation of Rs 500 and Rs 1,000 were done, one of the main arguments put forward was that the move will
Rs 127-bn PNB scam and NPA crisis are contributing to banking paralysis | Business Standard Column–21.03.2018
A spectre is haunting the Indian economy today — the spectre of banking paralysis. If it lingers for too long, it could seriously undermine the