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
Category: Economy
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
Exports–What industry expected when Modi government implemented GST – The Financial Express–22.12.2017
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
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
