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
Category: Economy
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
Government may breach 3.2% fiscal deficit target for first time in four years; here’s why – The Financial Express–28.12.2017
The Narendra Modi government is heading for a likely breach of fiscal deficit target of 3.2% of the GDP on the back of slowing GST
GST collections fall in November: Does government have a problem at hand? Maybe not – The Financial Express–28.12.2017
The November goods and services tax (GST) collections declined to Rs 80,808 crore, down from around Rs 83,350 crore revenue collected in October. The GST
RBI’s data on banks’ bad loans disturbing–Deccan Chroicle–28.12.2017
The latest Reserve Bank data on the precipitous drop in recovery of bad loans by banks is of concern as in simple terms it means
‘E-commerce market may cross $50 billion mark in 2018’ | Business Line–26.12.2017
In 2017, 82 per cent of shopping queries were made through mobile devices, according to Assocham-Deloitte study. The digital commerce market in the country is
Why financial inclusion has not taken off | Business Line–26.12.2017
Banking and beyond: Let’s understand the needs of rural depositors Rural banking initiatives such as the business correspondents model have failed because they are not
North Block versus Mint Road | Business Standard Column–25.12.2017
The Union finance ministry is asking for more money from the Reserve Bank of India (RBI). North Block, headquarters of the ministry, is reported to
Niti Aayog: GST regime to stabilise in next 18 months: Niti Aayog Vice Chairman Rajiv Kumar – The Economic Times–23.12.2017
The Goods and Services Tax (GST) regime would get stabilised in the next 18 months, Niti Aayog Vice Chairman Rajiv Kumar said today. “Give us
Improve competitiveness to scale up expots, says Economist Gita Gopinath – The Financial Express–22.12.2017
Blaming disruptions caused by the GST implementation for sluggish exports, noted economist Gita Gopinath has said the country will have to become more competitive if
India’s financial sector facing considerable challenges: IMF – The Financial Express–22.12.2017
India’s financial sector is facing considerable challenges with high non-performing assets and slow deleveraging and repair of corporate balance sheets testing the resilience of the banking
Three reasons why Nomura sees RBI’s key policy rates unchanged in 2018 – The Financial Express–22.12.2017
After the apex bank, in its bi-monthly policy review held earlier this month, kept policy rates unchanged, global research firm Nomura says that RBI’s key
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