By Barendra Kumar Bhoi The adverse effects of two consecutive shocks—demonetisation and goods and services tax (GST)—have receded. The real economy is poised for a convincing
Category: Economy
Demonetisation, GST effects: GDP growth seen at 4-year low of 6.5% | Business Standard News–06.01.2018—–*****
Economic growth in 2017-18 is estimated to slow to a four-year low of 6.5 per cent, against 7.1 per cent in 2016-17. This will be
T N Ninan: Tax, don’t frighten, investors in Union Budget 2018 | Business Standard Column–06.01.2018—–*****
The finance minister may well be right in the three claims that he made while taking part in a parliamentary debate on Thursday: that reforms
7 reasons why FY18 GDP growth forecast should be viewed with caution | Business Standard News–06.01.2018—–*****
The government on Friday said it expected the country’s gross domestic product to grow 6.5 per cent on a year-on-year basis, compared with 7.1% in
No harm in fiscal deficit slippage if capex gets major boost: Ficci head | Business Standard News–06.01.2018—–*****
Recently elected president of industry body Ficci (Federation of Indian Chambers of Commerce and Industry), RASHESH SHAH, chairman of financial services major Edelweiss, tells Subhayan
Rural co-op bank plans ₹100-crore fund to help women start business | Business Line–06.01.2018
A rural co-operative bank run by and for women from Maharashtra’s Satara district plans to launch a ₹100-crore alternative investment fund to help those at
Arun Jaitley in Rajya Sabha: Global slowdown main reason for weak economy – The Financial Express–05.01.2018
Union Finance Minister Arun Jaitley said in the Parliament today that Indian economy is facing many challenges. Jaitley stressed on the fact that global slowdown
Arvind Panagariya lauds this ‘mantra’ of Narendra Modi for his bureaucrats to move the nation forward – The Financial Express–05.01.2018
Writing in a paper published on the Columbia University website the famous economist offered a thumbs up to the government for successfully reviving the economy.
Niti Aayog’s three-point formula for India to beat China’s economic growth – The Financial Express–05.01.2018
India’s GDP growth made a comeback at 6.3% in the July-September period from a three-year low of 5.7% in the previous quarter due to disruptions
Budget 2018: What a widening fiscal deficit could mean | Business Standard News–05.01.2018—–*****
Deficit numbers seem to be playing havoc with the Union Budget projections. But you could trust the ingenuity of finance ministry mandarins to finally present
Feisty Jaitley defends handling of economy | Business Line–05.01.2018—–*****
Countering Opposition’s criticism, Finance Minister says inflation, fiscal deficit and credit rating have improved since UPA’s time Under attack from the Opposition on the state
Ex RBI Governor Subbarao: Financial inclusion drive must target the poor: Former RBI Governor D Subbarao – The Economic Times–04.01.2018
Subbarao, who delivered the lecture on “Reserve Bank of India – Making a difference to everyday lives”, discussed several issues relating to the RBI’s functioning,
On the ledger: on fiscal consolidation – The Hindu–04.01.2018
Eight months into the financial year, or until end November, the Union government’s fiscal deficit — the amount by which its expenditure exceeds revenue —
When slack credit demand pares rates–Economic Times–03.01.2018
The country’s biggest lender reducing lending rates by 30 basis points points to three things: one, the general rule of demand and supply works in
Need to end fiscal targeting obsession- Business News–03.01.2018
Since NDA government took over the rein of power in 2014, successive budgets have shown definite resolve of the government to reduce fiscal deficit figures
No shortcut to reform | Business Standard Editorials–03.01.2018
India’s archaic and restrictive labour laws have long been a drag on its economy, preventing it from reaching its full potential. Reform is overdue, but
Core sector grows 6.8% in November – The Economic Times–02.01.2018
A steep rise in output of cement and steel pushed up the growth of the core sector to a 13-month high of 6.8% in November
GDP growth to pick up in 2018; oil, inflation risk factors – The Economic Times–02.01.2018
It will likely take India a few years to return to GDP growth levels of 7.5 per cent and above. With the effects of demonetisation
Fiscal deficit target: Jaitley on a sticky wicket | Business Line–02.01.2018
With the fiscal deficit exceeding the full-year target in November itself Finance Minister Arun Jaitley has very little room for manoeuvre Will he press the
Why we should worry about the fall in bank credit | Business Line–02.01.2018
Growing economies show increasing deployment of bank credit, but in India this has been decreasing for years and is now falling flat. This impacts economy