With the introduction of the Goods and Services Tax (GST), industry expected the government to continue to work towards a robust and faster indirect tax
Category: Economy
How to revitalise Indian economy? Answer is here – The Financial Express–22.12.2017
The monetary policy of the Reserve Bank of India (RBI) announced on December 6, 2017, acknowledges that the growth of real gross value-added accelerated during
Not a single macro economist thinks note ban was a good idea: Gita Gopinath | Business Standard News–22.12.2017
Demonetisation was not a good idea and the time should have been utilised instead to fine-tune the goods and services tax (GST) before it was
RBI Governor Urjit Patel flagged concern over rising oil prices at MPC meet – The Financial Express–21.12.2017
RBI Governor Urjit Patel flagged concerns over rising global oil prices and uncertainties on fiscal and external fronts in the meeting of Monetary Policy Committee
Fiscal deficit: Bringing revenue deficit to zero far more important than fiscal deficit: Rajiv Kumar, VC, Niti Aayog – The Economic Times–20.12.2017
With the budget around the corner, Niti Aayog vice-chairman Rajiv Kumar told ET that the focus of the government should be on the creation of
India’s trade deficit with China stands at $37 bn in April -October – The Financial Express–19.12.2017
India’s trade deficit with China stood at $36.73 billion during the first seven months of the current fiscal (April-October) compared to $51.11 billion in the
Foreign trade policy: Mid term review reaffirms Centre’s belief in Make In India – The Financial Express–19.12.2017
Amidst a series of changes in the tax framework of the country, the government of India recently announced the highly anticipated policy development with regard
India’s perpetual job crisis might find its fix in labour reforms | Business Standard News–19.12.2017
The lack of jobs is beginning to haunt the Modi government. The Reserve Bank of India’s recent Consumer Confidence Survey shows that public perception is
The dollar drain India must worry about | Business Line–19.12.2017
The spike in foreign exchange outflows under the Liberalised Remittance Scheme means India is vulnerable to large scale capital flight, if economic uncertainty increases In
US–Fed Rate Increase–A clear shift | Business Standard Editorials–18.12.2017
The United States Federal Reserve acted in line with expectations when it raised the policy interest rate (the so-called Fed Funds rate) by 25 basis
Behind GDP bounce | Business Standard Column–18.12.2017
It is now generally believed that economic growth has bottomed out. It reached a trough of 5.7 per cent in the first quarter of 2017-18,
Exports jump 30% to $26 bn in November; trade deficit at $13.8 bn | Business Standard News–16.12.2017
India’s exports rose 30.55% to $26.19 billion in November, reversing the decline witnessed in October, helped by robust growth in shipments of gems and jewellery
Financial stability, inclusion go together, says former RBI Governor Bimal Jalan – The Financial Express–12.12.2017
Programmes of financial inclusion are part of the larger financial system, the stability of which is essential to the success of the inclusive initiatives, a
Farm loan waiver gets thumbs-down from former RBI governors YV Reddy, C Rangarajan – The Financial Express–12.12.2017
With the farm loan waiver pitch getting shriller by the day, former RBI governor Y V Reddy today said the practice is not good for
Farm debt waivers not favoured by ex-RBI heads | Business Standard News–12.12.2017
At a discussion on policy, two former Reserve Bank of India (RBI) governors were critical of the farm debt waiver announcements by some state governments.
YV Reddy: Ex-RBI Governor YV Reddy sees GST, note-bank shocks lasting for two more years – The Economic Times–11.12.2017
Refusing to hazard a guess on GDP growth in the short-term given the “shocks” like GST, note-ban and the mountain of bad loans, former Reserve
Farm income security | Business Standard Editorials–11.12.2017
The farmers’ demand at the pre-Budget consultations with Finance Minister Arun Jaitley for an income security law, even though impractical like the concept of universal
India losing comparative advantage in leading export sectors – The Financial Express–09.12.2017
In a massive relief to Indian exporters, the government announced liberal incentives of Rs 8,450 crore ($1.3 billion) in its mid-term review of the five-year
Ending exemptions can take tax-to-GDP ratio to 22 pct, says Narendra Modi’s chief economy advisor Bibek Debroy – The Financial Express–09.12.2017
Blaming India Inc’s lobbying for tax exemptions, Prime Minister’s Economic Advisory Council chairman Bibek Debroy has said eliminating such exemptions can help increase the tax-to-GDP
RBI monetary policy: Has interest rate bottomed out? – The Economic Times–07.12.2017
The Reserve Bank of India has warned against possible spikes in prices and predicted Consumer Price Index to be in the range 4.3-4.7% in Q3 and
aniltikotekar4sme.com 