There is no room for complacency or jubilation despite the rating upgrade provided by Moodys’ Investor Services, given the many challenges that still remain to
Category: Economy
Moody’s Rethink: Sense Procrastinated–Economic Times–18.11.2017
It is welcome and significant that Moody’s has revised and upgraded India’s credit rating, the first time since 2004. The revision, or, more accurately, the
Keep ball rolling: Moody’s proffers a mood lifter–Times of India–18.11.2017
Credit rating agency Moody’s Investors Service upgraded Indian government’s debt ratings after almost 14 years. It simultaneously changed its outlook on the Indian economy to
Moody’s just warned GoI not to undo fiscal consolidation to boost growth–Economic Times–18.11.2017
By Aurodeep Credit rating agencies are a bit like strict school principals, but for governments and corporates. Countries undertake hard reforms, keep the macroeconomic climate
Moody’s upgrade may widen trade deficit, impact exports already hit by GST | Business Standard News–18.11.2017
While the government cheers India’s ratings upgrade by global ratings agency Moody’s, the move might further widen the already yawning trade deficit. Moody’s Investors Services
T N Ninan: Rating the raters | Business Standard Column–18.11.2017
India’s sovereign rating upgrade by Moody’s Investors Service is a second shot in the arm for the Modi government, still reeling from domestic criticism for
Moody’s boost to Modi: Should India really cheer? | Business Standard News–18.11.2017
The Narendra Modi government is celebrating the upgrade of India’s sovereign credit rating by Moody’s Investors Service. The new rating places India at Baa2, up
Timely recognition: on the Moody’s upgrade – The Hindu–18.11.2017
Moody’s decision to upgrade India’s sovereign credit rating by a notch after a gap of almost 14 years is undoubtedly a welcome recognition of the
Step on the gas: External sector data signal problems, government must accelerate economic and jobs growth–Times of India–17.11.2017
Recent economic data suggest that government has its work cut out. Data for external sector, current account and trade deficits, signal that employment intensive sectors
Exporters in a spot as GST refunds delayed | Business Standard News–17.11.2017
“After paying the GST four months in a row and without receiving any refunds, small and medium enterprises are at a breaking point. There is
SMEs: What do you do when your SME is not making money? – The Economic Times–16.11.2017
Most SMEs and start-ups end up losing money as there is a confusion between the stark difference in expense, income and cash flow. While there
GST impact: After Sept surge, ready-made garment exports drop 41% in Oct | Business Standard News–16.11.2017
After seeing an increase of around 25 per cent in exports last month, ready-made garment (RMG) exports fell by nearly 41 per cent in October.
Ease of doing business hasn’t improved in India, says Anil Khaitan – PHD Chamber of Commerce and Industry –The Financial Express–16.11.2017
India’s ease of doing business scenario hasn’t improved as rampant corruption still exists at lower levels and the government needs to “walk its talk” in
Congress blames haphazard implementation of GST for trade deficit ballooning to 3-year high – The Financial Express–16.11.2017
The Congress has once again hit out at the Narendra Modi government over the GST, saying that its haphazard implementation led to the ballooning of
Bank NPAs crisis: Lenders welcome recapitalisation, now Centre must take next step, implement reforms – The Financial Express–15.11.2017
By Atisha Kumar In tackling health epidemics, it is important to administer the right dose of curative medicine. But to avert recurrence of the epidemic, it is
Demonetisation: Flawed in planning, not in principle | Business Standard Column–15.11.2017
The anniversary of demonetisation calls for an exploration of the rather empty space between paeans to its glory and hysterical diatribes. Its purpose was to control black
Hit by GST, exports fall 1.2% to $23 billion in Oct | Business Line–15.11.2017
Exporters have blamed the implementation of the Goods and Services Tax (GST) that has “squeezed’’ the working capital for exporters for the decline. This
‘Modysseus’ papering over India’s cracks | Business Standard Column–14.11.2017
A visitor to India would be bewildered. Political rhetoric from the government and the Opposition is harsh in tone and lacking in content. False, loud
Demonetisation: Evaluating the critics | Business Standard Column–13.11.2017
Last week has seen a contentious debate on demonetisation replay itself. Predictably, critics have gone on to make several untenable claims. The present article challenges
The ball is in the states’ court | Business Standard Column–13.11.2017
India’s rank on the ease of doing business index has jumped by 30 notches. Released early this month by the World Bank as part of
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