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
Category: Economy
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
Thank RBI for small mercies – Business Line–12.02.2018
In a Credit Policy that came in the backdrop of a gathering perfect storm — mini-mayhem in global asset markets, a widely-panned Budget, and a
P Chidambaram: Centre a terrible patient, unwilling to listen to good doctor: P Chidambaram – The Economic Times–11 02.2018
Former Union finance minister and senior Congress leader P Chidambaram today hit out at the Centre over its budget, dubbing it a “blood-sucking” dispensation, and
monetary policy: Need to be forward-looking on monetary policy: RBI Governor Urjit Patel – The Economic Times–11.02.2018
RBI Governor Urjit Patel today said the monetary policy decisions need to be “forward- looking” and cannot be taken on the basis of day-to-day inflation
FM Arun Jaitley reveals formula for fixing MSP 50% over production cost–Economic Times–11.02.2018
Finance Minister Arun Jaitley today said the government will take into account the actual input cost plus unpaid value of family labour while fixing the
Budget 2018: Higher MSPs are welcome, bring cheers to farmers – The Financial Express–11.02.2018
Budget 2018: On expected lines, the Budget 2018-19 aimed at strengthening agriculture and rural economy. Agriculture deserves serious attention as roughly half of the population is
Revolution and regression | The Indian Express–11.02.2018
Budget 2019 can best be described as one made possible by an ongoing revolution in tax collection. This revolution is beginning to make possible another
RBI chief Urijit Patel defends monetary policy | business-news | Hindustan Times–11.02.2018
The Reserve Bank of India governor Urjit Patel on Saturday defended maintaining tight monetary policy even when retail inflation remained low. Addressing reporters along with
How Budget 2018 will benefit the industry at large – The Financial Express–10.02.2018
Budget 2018: Given the prevailing economic conditions of muted consumption, the Union Budget 2018-19 was widely expected to focus on the rural and agricultural economy,
Budget beyond taxes–it’s time to focus on non-tax part of revenue | Business Standard Column–10.02.2018
There is a paradox at the heart of the Narendra Modi government’s five Budgets. Growing numbers of taxpayers have been coughing up vast sums as
Centre drops proposal to relax retrenchment norms for industries | Business Standard News–10.02.2018
The government has dropped a contentious proposal to allow factories with a big workforce to retrench and layoff workers or shut shop without seeking its