The last few days have seen stock markets witness a sharp fall and high volatility. Developments in the Indian markets are related both to global
Category: Economy
Banks set to raise lending rates, pre-empting RBI | Hindustan Times–09.02.2018
India’s struggling economy is facing a new challenge: Banks are raising interest rates even though the central bank is leaving its rates unchanged, as risks
Budget 2018: Once again a missed opportunity – The Financial Express–07.02.2018
Budget 2018: There were high expectations that the Budget 2018-19 will fast-track reforms in the small window available to the government before elections. After the
More worries for RBI now – Here is why – The Financial Express–07.02.2018
It is possible, as some have argued, that bond markets shouldn’t focus just on the central government’s fiscal slippage—in both FY18 and that estimated for
Budget 2018: Staring at a full-scale bear market | Business Standard Column–07.02.2018
The market’s response to the last full Budget of this government was negative. The bond markets saw yields spiking on Thursday as Mr Jaitley made
A protectionist turn: Customs duty hike in Budget 2018 is a step backwards | Business Standard Editorials–07.02.2018
One of the more questionable changes brought about by the Union Budget was the decision to raise import duties on over 50 items. While introducing
Centre sees its GST compensation to states at Rs 900 billion for FY19 | Business Standard News–07.02.2018
The Narendra Modi government has budgeted for Rs 900 billion to be paid as compensation to states to make up for their losses on account
Economic Survey 2018: View: What the Economic Survey failed to spell out – The Economic Times–31.01.2018—–*****-1
The Economic Survey paints as bright a picture for India’s short and medium term growth, while pointing out some pitfalls. Growth in the current fiscal
Budget 2018: FRBM panel’s 3% fiscal deficit target obsolete- Arvind Subramanian | Business Standard News–31.01.2018-1
The recommendations of the fiscal responsibility and budget management (FRBM) panel, which had recommended a fiscal deficit target of 3 per cent of gross domestic
Economic Survey prescription: Beat investment slowdown with public spending | Business Standard Column–31.01.2018-1
The detailed and innovative analysis of the past few Economic Surveys was ratcheted up in FY18, with the goods and service tax (GST)-enabled data deluge
‘No bubble, but watch market rally’ – Business Line–31.01.2018-1
The Chief Economic Adviser to the Finance Ministry, Arvind Subramanian, has cautioned against the current bull market rally. “I will not say bubble, but we
चित्र तरी आशादायक – अग्रलेख–महाराष्ट्र टाइम्स–३१.०१.२०१८
देशातील आर्थिक मंदीचे सावट दूर होत त्याला विकासाची रुपेरी किनार लाभणार असल्याचे अत्यंत दिलासादायक चित्र अर्थसंकल्पाच्या आधी सादर होणाऱ्या यंदाच्या आर्थिक पाहणी अहवालात उमटले आहे.
Narendra Modi: With the global economy upbeat, PM Narendra Modi enters poll season on a rising tide – The Economic Times S A Aiyar–31.01.2018—–*****
When asked to promote a general with many qualifications, Napoleon Bonaparte asked, “Is he lucky?” While merit and hard work matter a lot, luck can
Economic Survey 2018: We need to do steady consolidation: Arvind Subramanian, Chief Economic Adviser – The Economic Times–31.01.2018—–*****
The political economy in India, I think, unfortunately does tend to favour a stronger rather than weaker exchange rate, he said. A day after the
Eco Survey: Growth back on track; 50% rise in indirect taxpayers under GST | Business Standard News–31.01.2018
In the Economic Survey for 2017-18, which was tabled in Parliament on Monday, Chief Economic Advisor Arvind Subramanian struck an optimistic note about economic growth
CEA–Interview–‘I am not a big believer in one number for debt or deficit’ – Business Line-1–31.01.2018—–*****
Subramanian, who is the chief architect of the Economic Survey 2017-18, highlighted the delay caused due to litigations intiatiated by taxmen and red flagged the
Downplayed risks – Business Line–31.01.2018-1
Stock prices, they say, are slaves to earnings. But in India, for the last four years, they have been acting pretty much like free spirits.
A wider net: on the expanding tax base – The Hindu–31.01.2018
The demonetisation of high-value currency notes and the advent of the goods and services tax regime have triggered a surge in the number of those
India can be at risk of ‘later convergence stall’ in growth, says Economic Survey – The Hindu–31.01.2018-1
The Economic Survey 2017-18 notes that India could face a ‘late converger stall’ when it comes to economic growth. Economic convergence is the process of
Headwinds, govt cautioned–Deccan Herald–31.01.2018-1
While cautioning against pessimism, India’s Chief Economic Adviser and author of the Economic Survey 2018 Arvind Subramanian has flagged the possibility of the economy taking