In response to a stressed current account deficit in 2012-13 due to a surge in gold imports, the government at the time introduced an import
Category: Economy
Objective criteria followed in liberalising 80:20 gold import scheme: Rajan | Business Standard News–14.03.2018
Amid questions being raised over the 80:20 gold import scheme, former RBI Governor Raghuram Rajan on Tuesday said “objective criteria” was followed in liberalising the
E-commerce policy: Government pitches for national e-commerce policy–Economic Times–14.03.2018
The government on Wednesday made a case for a national e-commerce policy and a related consolidated legal framework to address the challenges of the sector
Signs of industrial recovery, at last–Economic Times–14.03.2018
The latest figures suggest a welcome boom in the industrial economy, with growth trends perhaps the strongest in two decades. The Index of Industrial Production
World Bank projects India’s FY19 GDP growth at 7.3 per cent – The Financial Express–14.03.2018
The World Bank today projected India’s GDP growth at 7.3 per cent for the next financial year and accelerate further to 7.5 per cent in
Mr. Ashok Gulati–From plate to plough: Waiving off loans not a solution – The Financial Express–14.03.2018—–*****
First, let us compliment both the parties—farmers and the state government—in Maharashtra’s agrarian crisis for reaching an amicable solution, at least for the time being,
This is agricultural emergency! Ashok Gulati explains why higher MSP, loan waiver won’t help farmers – The Financial Express–13.03.2018
While over 35,000 farmers have gathered in Mumbai to demand an unconditional loan waiver after crop loss due to unseasonal rains among other issues, noted
State-run banks must be privatised | Nandan Nilekani | analysis | Hindustan Times–13.03.2018
From 1947 to 1955, 361 private banks in India had failed, leaving depositors in the lurch. On the midnight of July 19, 1969, 14 of
Arun Kumar’s book “Demonetisation and Black Economy” talks about the futility of such the exercise, which brought no gain, but caused massive pain–The Print–12.03.2018
Arun Kumar’s book “Demonetisation and Black Economy” talks about the futility of such an exercise which brought no gains but caused massive pains. “We have
PSBs recapitalisation should be part of broader package of financial reforms: IMF | business news |- Hindustan Times–12.03.2018
The IMF has said that the recapitalisation of public sector banks (PSBs) should be part of a broader package of financial reforms to speed up
Mr. P Chidambaram–Across the aisle: The hole in the budget | The Indian Express–12.03.2018
The Budget seems to have assumed that crude oil price will remain below USD 70 per barrel. If that number goes up, there will be
Growth through high deficits not healthy | Business Standard Column–12.03.2018
The recent data on GDP/GVA growth in the third quarter of 2017-18 has again revived expectations that the deceleration in economic activity because of GST
As India celebrates GDP growth, it must focus on growing economic inequalities–11.03.2018———-**********
Our all-time low private investment rates indicate that the greater part of this income sits as idle savings, ensuing minimal productivity. The third-quarter GDP growth
War of words over state of economy–The Telegraph–11.03.2018
The state of the economy came in for sharp criticism from the Congress-led Opposition, which blamed the government’s handling of the economy for the fall
If Arun Jaitley has his way, govt will stop declaring its revenue deficit figures – ThePrint–09.03.2018
Concealing revenue deficit information from the public sets a detrimental precedent, and makes the government less transparent and less accountable. “Upon my back to defend
India Inc: India Inc. has Rs 1.8 lakh crore cash trapped in their balance sheets: EY Report – The Economic Times–09.03.2018
India Inc has nearly Rs 1.8 lakh crore of cash trapped in it balance sheet as working capital situation worsens on account of increase in
Scrapping 80:20 scheme helped Nirav, Choksi: Congress – The Economic Times–09.03.2018
Accusing the BJP of “downright lies, deliberate falsehood and desperate diversion”, Surjewala said it is like the “pot is calling the kettle black”. The Congress
[ MSME ] –Nirav Modi fallout: As banks tighten purse strings, fintech can fill the void – The Economic Times–09.03.2018
By Rajat Gandhi For the millions of small businesses in the country, the current mess in the banking sector and the entire Nirav Modi and
India should open door wider to global bond buyers | Mihir Sharma | editorials | Hindustan Times–09.03.2018
Hoping to jump-start its “Make in India” manufacturing push, India’s government has rolled out the welcome mat for foreign investors. It should consider doing the
Fraud upon the nation–Deccan Herald–Valson Thampu, Mar 8 2018
Some four years ago, Prime Minister Narendra Modi declared a war on corruption. He electrified the nation and aroused Himalayan hopes. The other day, he
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