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,
Category: Economy
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
RBI: This IIM professor is the lone dissenter in RBI’s MPC who is fighting for a rate cut – The Economic Times–07.12.2017
At the end of its two-day long policy review meet, the RBI on Wednesday kept the repo rate unchanged at 6 per cent. Five out
Urjit Patel: RBI holds policy rates, stance remains neutral – The Economic Times–07.12.2017
The Reserve Bank of India kept interest rates unchanged, citing pressure on prices, and bumped up inflation forecast for the rest of the fiscal year
Monetary policy: Hawkish RBI will spur FII flows, add to problem – The Financial Express–07.12.2017
Apart from the fact that consumer inflation has risen 30 bps since RBI’s monetary policy committee (MPC) last met and is likely to rise further,
RBI MPC keeps repo rate unchanged at 6%, tells banks to shape up | Business Standard News–07.12.2017
The Reserve Bank of India (RBI) kept its policy rate unchanged and stance neutral but its governor, Urjit Patel, set stiff conditions for ailing state-owned
We are already on the uptick in terms of credit growth: RBI | Business Standard News–07.12.2017
Reserve Bank of India (RBI) Governor Urjit Patel and senior officials spoke to the media after the fifth bi-monthly monetary policy review for FY18 on
RBI’s justified caution | Business Standard Editorials–07.12.2017
As expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) concluded its two-day meeting with an announcement that the headline repo
RBI keeps rates unchanged: Don’t expect miracles till March 2018 | Business Standard News–07.12.2017
The MPC quite expectedly has maintained a status quo on rates this time and the indication is that there would be no rate cut this
What’s the point, MPC? | Business Line–07.12.2017
Bi-monthly monetary policy reviews do not seem to serve much purpose. The growth projections this time are optimistic The policy was in line with expectations.
Growing the bond market more important than repo rate tweaks–07.12.2017
Anticipating hardening inflation and consolidating growth, the Monetary Policy Committee (MPC) has decided to maintain a neutral stand, neither raising nor lowering policy rates. Few
At the same rate | The Indian Express–07.12.2017
The MPC and other analysts reckon that oil prices, already at well over a barrel, may sustain, with the risk of a negative impact on