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
Category: Economy
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
Why is the fiscal deficit widening? – The Hindu–02.01.2018
The government’s fiscal deficit up to November came in at 112% of the amount budgeted for the entire financial year ending in March, prompting a
Global trade can no longer be the engine of growth: Subir Gokarn – The Economic Times–31.12.2017
“As the global economy recovers, it will provide some tailwinds and some boost to the Indian economy as well.” In an interview with ET Now’s
Govt breaches fiscal deficit target in 8 months | Business Standard News–30 12.2017
The government has breached its fiscal deficit target given in the Budget for 2017-18 in November itself. During the April-November period, the fiscal deficit was
Testing times: on the bad loans menace – The Hindu–29.12.2017
The Central government has been working hard to address India’s twin balance sheet problem, but it hasn’t had much to show in the form of
Trade deficit: Commerce Ministry to study impact of Chinese imports – The Economic Times–29.12.2017
The surge in India-China trade has been lopsided as it has been primarily driven by phenomenal surge in Chinese exports to India. A staggering trade
Fiscally sinning or not, communicate–Economic Times–29.12.2017
The government has announced that it would borrow an additional Rs 50,000 crore. Will this increase the fiscal deficit, beyond its target of 3.2% of
Fiscal deficit worries | Business Standard Editorials–29.12.2017
The government’s decision to expand its market borrowing programme for 2017-18 by Rs 50,000 crore is a clear signal that the fiscal deficit target of
Don’t bank too much on bank stocks | Business Standard Column–29.12.2017
One axiom of modern economics is that a financial crisis takes longer to mitigate than a crisis in any other given sector. Finance is the
Icra sees CAD doubling to 1.5% of GDP by March on rising crude prices | Business Standard News–29.12.2017
Rising commodity prices, especially that of crude oil that has hit a three-year peak last week, will double current account deficit (CAD) to $39 billion
Smarten the budget: Fiscal loosening is not reform, boosting productivity and slashing red tape is–Times of India–28.12.2017
In a few weeks the Narendra Modi government will unveil its last full budget. It will be presented on the heels of a disruptive year
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