With banks staying out of the bond market, fearing rising mark-to-market losses, and foreign investors exhausting their investment limit, the question is who will buy
Category: Economy
RBI needs to work with govt to take action against PSBs, says Rangarajan | Business Standard News–17.03.2018—–*****
C Rangarajan, former head of the country’s Reserve bank (RBI) says the regulator does have formal supervisory powers over government-owned lenders but also needs to
Bond not the Best- Business News–Business Today–17.03.2018—–*****
Rising bond yields and the resulting treasury losses are telling on profitability of banks. Yield on the benchmark 10-year government securities (G-sec) surged 67 basis
current account deficit: Current Account deficit widens to 2% of GDP on higher oil import bill – The Economic Times–17.03.2018—–*****
The trade deficit had hit a 56-month-high in the month of January before narrowing in the month of February. Current account deficit (CAD)- excess of
India’s Oct-Dec current account deficit widens on higher imports; expert says more bad news ahead – The Financial Express–17-03-2018
India’s October-December current account deficit widened sharply from a year earlier, driven by higher imports, data from the Reserve Bank of India showed on Friday.
Why RBI is right on bank reforms – The Financial Express–17-03-2018
Where Patel and his predecessor Raghuram Rajan have to be congratulated though, is that while banks were merrily ever-greening dubious loans, RBI inspections never uncovered
India should see growth picking up after two transitory shocks: IMF – The Economic Times–16.03.2018
Recent IMF research indicates that the rise of artificial intelligence and the digital economy has the potential to increase income growth. The IMF today said
New Delhi to seek 8 years to phase out export subsidies at WTO – Business Line–16.03.2018
India will make a case for an eight-year transition period to phase out its export subsidies at the consultations sought by the US at the
Watch out, the bond market is rebelling – Business Line–16.03.2018—–*****
Lately, neither the MPC nor the RBI have been able to make domestic interest rates dance to their tunes For a long time, market-watchers in
The passage of the finance bill without discussion is a new low in the parliamentary process | editorials | Hindustan Times–16.03.2018
The passage on Wednesday of this year’s finance bill, 21 amendments in tow, marks a low in the Indian Parliamentary process. Over the years, disruptions
Nirav Modi | Urjit Patel: How Nirav Modi made a reticent Urjit Patel turn eloquent–Economic Times–15.03.2018
Mr. Urjit Patel, the Governor of the Reserve Bank of India (RBI), has been known to be a man of few words. His reticent image
Export sector on edge as US locks horn with India on subsidies – The Economic Times–15.03.2018
The US’ decision to challenge Indian export subsidy schemes at World Trade Organisation (WTO) is an area of grave concern for domestic traders and the
One common thing Moody’s, S&P and Fitch say about Modi’s demonetisation – The Financial Express–15.03.2018
With a lot being said about Narendra Modi-led government’s note-ban in 2016, demonetisation is again in the news as global rating agency Fitch has pegged
Export growth: Slow GST refunds, volatile currency may hit Feb numbers, too | Business Standard News–15.03.2018
The slowdown seen of late in India’s export growth rate is likely to continue in February as well, thanks to a slow disbursement of Goods
Flipping the protectionist coin | Business Standard Column–15.03.2018
Budget 2018 elicited a range of reactions from all corners. While many were sceptical about the announcements, more sanguine individuals hoped for crucial amendments in
Don’t cut corners on India’s defence needs | editorials | Hindustan Times–15-03-2018
It is a rare display of displeasure by the country’s armed forces. In a report presented to Parliament on Tuesday, the Standing Committee on Defence
For jobs, protect unorganised sector–Deccan Herald–15.03.2018
The rich diversity of Indian culture creates demand for a wide range of products and services. People from different regions have developed different food habits,
Debt waiver cannot yield lasting rural prosperity–Economic Times–14.03.2018
On the face of it, the 40,000 farmers who marched 180 km from Nashik to Mumbai secured a handsome victory not just for themselves but
Raghuram Rajan says 80:20 scheme was launched to create jobs, combat gold crunch–Business Today–14.03.2018
Breaking his silence over the PNB fraud, former RBI governor Raghuram Rajan on Tuesday said that “before we assign blame, we have to know what
Objective criteria followed in liberalising 80 20 scheme Rajan – BW Businessworld–14.03.2018
Amid questions being raised over the 80:20 gold import scheme, former RBI Governor Raghuram Rajan today said “objective criteria” was followed in liberalising the scheme
aniltikotekar4sme.com 