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
Category: Economy
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
Yashwant Sinha: Demonetisation has led to tax terrorism: Yashwant Sinha – The Economic Times–20.03.2018
Dissident BJP leader and former Union finance minister Yashwant Sinha today said demonetisation had led to “tax terrorism” and likened Prime Minister Narendra Modi to
Narendra Modi: India’s net exports not doing well: Bibek Debroy – The Economic Times–20.03.2018
India’s net exports are not doing well even as the global economy is on the recovery path, Bibek Debroy, the head of Economic Advisory Council
Exchange rate not just the RBI’s baby–Economic Times–20.03.2018
India’s exchange rate is a stumbling block in rapid export growth and the country will miss out on the opportunity to cash in on the
Not a Happy New Year: Unemployment rate continues to remain elevated | Business Standard Column–20.03.2018
The unemployment rate continues to remain elevated. During the week ended March 18, it was 6.8 per cent. This was a tad lower than the
A mixed picture: Sustained economic recovery is still uncertain | Business Standard Editorials–19.03.2018
It was a double bonanza for the Indian economy early last week, as two key macroeconomic indicators suggested a turnaround. The data showed that industrial
Economy+Budget–+ PNB scam fallout: Probably some PSBs no longer need to exist, says Debroy | Business Standard News–19.03.2018—–*****
With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to
Across the aisle: A message loud and clear | The Indian Express–19.03.2018
Two apparently unconnected events happened on Wednesday, March 14, 2018. All demands for grants were ‘guillotined’ (i.e. moneys were allocated without a debate) and the
What is fiscal deficit and how is it bridged by government? – The Financial Express–18.03.2018
Finance Minister Arun Jaitley revised the fiscal deficit target to 3.3 percent for FY19 of the GDP against 3 percent target set earlier after breaching
India story could end with mass unemployment – warns Nobel-winner Paul Krugman –The Economic Times–17.03.2018—–*****
Krugman said India’s growth story was incredible but it never got the attention it deserved because China hogged the world’s attention. Paul Krugman, the American
Higher CAD puts India at risk from volatile FII flows – The Financial Express–17.03.2018
Thanks to decent FDI and portfolio flows into the bond markets, the capital account surplus so far has been robust. Although the capital account surplus