The Economic Survey for 2016-17 noted that around 40% of India’s corporate debt was held by corporates with an interest coverage ratio of less than
Category: Economy
RBI MPC minutes: Michael Patra called for series of rate hikes to counter inflation | business news | Hindustan Times–25.02.2018—–*****
One member of the Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) said a series of rate hikes may be warranted because of
IGST rules change again for export | Business Standard Column–24.02.2018
Last month, the government amended Rules 89 and 96 of the Central Goods and Services Tax (CGST) Rules, 2017, through notification 3/2018-GST dated January 23,
Worrying trend: India’s export woes have little to do with global demand | Business Standard Editorials–24.02.2018
Worrying signals are flashing for Indian exports, as growth slowed to 9 per cent in January 2018 from 12.3 per cent in December 2017, even
Worrying trend: India’s export woes have little to do with global demand | Business Standard Editorials–24.02.2018
Worrying signals are flashing for Indian exports, as growth slowed to 9 per cent in January 2018 from 12.3 per cent in December 2017, even
PNB fraud fallout: Govt may revive plan for real-time default disclosures | Business Standard News–24.02.2018
India’s finance ministry is in talks with the market regulator about requiring publicly traded companies to promptly report any missed interest or installment payments on
‘People willing to pay tax, if they feel getting worth their money’ – Business Line–24.02.2018
India needs more tax payers. Countries where people paid more income taxes are ones that developed for various reasons. The relationship between State and the
Across the aisle: More voices against Budget provisions | The Indian Express–24.02.2018
February 2018 taught me — and I hope many others — a lesson in politics: that 25 years are long enough to erase memories of
Exports up 9 pct in January; trade deficit widens to over 3 yr high – The Financial Express–16.02.2018
India’s exports grew by 9 per cent to USD 24.38 billion in January, helped by a healthy growth in shipments of chemicals, engineering goods and
Crude pricing: Politically-motivated tinkering of oil could prove costlier | Business Standard News–16.02.2018
Oil prices on Thursday extended gains, pushed up by a weak dollar and by comments from Saudi Arabia that it would rather see an undersupplied
MSP will help neither farmers, nor the agriculture sector – The Economic Times-Mr S A Aiyar-14.02.2018
Wrong-headed cost-plus approaches to farmer welfare will only serve to scare agricultural prowess away. The Budget guarantees a wide range of crops a profit of
Stressed banks need a market for assets–Economic Times–14.02.2018
Public sector banks (PSBs), led by the biggest lender, State Bank of India, have been declaring huge losses for the December quarter. Collectively, 30 banks
RBI’s move to bar all debt-recast programmes will delay recovery: India Inc | Business Standard News–14.02.2018
Corporate leaders on Tuesday said the Reserve Bank of India’s (RBI’s) move to bar all corporate debt-recast programmes and send them to the National Company
Sustained improvement in rural sentiments | Business Standard Column–14.02.2018
The Union Budget was received with substantial enthusiasm in rural India and with an equal dismay in urban India. This is what we observed on
RBI’s new debt resolution framework could increase bank NPAs – Business Line–14.02.2018
The RBI’s new debt resolution framework could result in an increase in non-performing assets of banks, and consequently, in a heavier provisioning burden. The reason:
IIP is up. Will more jobs follow? Deccan Chronicle–14.02.2018
The December figure for industrial production at 7.1 per cent, compared to November’s 8.8 per cent, signals the need to pay attention to job creation
NPA resolution: One size doesn’t fit all | Business Standard Column–13.02.2018
The sizeable and growing problem of non-performing assets in the banking books is a national concern. Policy makers, banking regulators and the banking system have
Unending pain: On SBI’s Q3 loss – The Hindu–13.02.2018
If the financial performance of India’s largest lender is anything to go by, an end to the severe bad loans crisis may be much farther
For healthcare, Budget 2018 gifts a jumla, says P Chidambaram – The Financial Express–12.02.2018
So many questions have been asked about the Union Budget for 2018-19. Let me ask one on the Central government’s expenditure. What does the government spend
Pause for now, rate hike later this year – Business Line–12.02.2018
If the CPI inflation remains elevated, there may be a rate hike in the second half of 2018 In line with our expectations, the Monetary