Weeks after the government unveiled a $32 billion bailout of state-run banks, top finance ministry officials and bankers will meet this weekend to discuss lending
Category: Economy
Demonetisation downer: Market oriented policies rather than disruptions can help India formalise–10 11 2017
The first anniversary of Prime Minister Narendra Modi’s demonetisation announcement was marked by a sharp debate between government and opposition on its outcome. One consequence
The Economy Debate-Mr. P Chidambaram and Mr. Rajiv Kumar– Business Today–10.11.2017
http://www.businesstoday.in/magazine/features/indian-economy-p-chidambaram-gst-job-creation-fiscal-stimulus-agriculture-crisis/story/262124.html The Indian economy is being buffeted by a series of crises. Economic growth has slowed down considerably. This has led to lower private investment,
Threat of ‘imported inflation’ looms as oil prices jump to $62/barrel–Business Today–09.11.2017
The sudden flaring up of oil prices to $62 a barrel will threaten the Indian economy as the impact can be severe for currency, foreign
Uday Kotak: There is very limited room to reduce rates: Uday Kotak – The Economic Times–09.11.2017
There is a high probability that some of the 12 large accounts referred by the Reserve Bank of India for bankruptcy proceedings will be resolved
Demonetisation: One year into demonetisation: Here is a report card of what worked, what didn’t – The Economic Times–08.11.2017
On this day last year, Prime Minister Narendra Modi stunned the nation by cancelling over 86 per cent of the currency notes in circulation. The
Demonetisation: Widening of tax base most tangible benefit of demonetisation: Shobana Kamineni, president, CII – The Economic Times–08.11.2017
The most acute period of pain is behind us and the formalisation of the economy has been accelerated. The country is now on a growth
Demonetisation pushed the system towards formal economy including informal sectors: Uday Kotak – The Economic Times–08.11.2017
By Uday Kotak Very often when you take a policy decision in a direction you also have consequences which may not have been envisaged to
India more attractive to do business than World Bank ranking suggests, says Arvind Panagariya – The Financial Express–08.11.2017
Observing that the recent increase in India’s ease of doing business ranking by the World Bank was long overdue, a top Indian American economist today
Demonetisation anniversary: Manmohan Singh’s speech in Gujarat; read full text – The Financial Express–08.11.2017
Former prime minister Manmohan Singh on Tuesday slammed Narendra Modi government for implementation of demonetisation and the GST. Singh said that demonetisation was a “complete
Chase reforms, not ranks | Business Line–08.11.2017
Ease of doing business should impact small businesses, too The World Bank’s Ease of Doing Business 2018 report is not about the legal and regulatory
Aiming high, looking far | The Indian Express–08.11.2017
If the problem is jobs, we should throw money from helicopters and bust the government budget. A young person at a recent job fair in
Moving, but slowly–Deccan Herald–07.11.2017
Economy – stalling or reviving? The slowdown in GDP growth to below 6% in the April-June quarter of 2017 grabbed headlines. It was the sixth
Reforms for the few–Deccan Herald–07.11.2017
At a time when labour law reforms are being debated, it is important to remember that only 6-7% of the total workforce in the country,
Focus on micro, not just macro, reforms–07.11.2017
By Anil K Kanungo, Why is the Indian economy currently looking gloomy? Many believe that the necessary macroeconomic structural reforms were not in place and
Ease of Business: FM’s joy premature–Deccan Herald–07.11.2017
The improvement made by India in the World Bank’s latest ‘Ease of Doing Business’ report is significant and commendable. The country has jumped 30 rungs
Prepare for oil price above $60 a barrel–Economic Times–06.11.2017
Governments can achieve fiscal discipline by curbing wasteful spending, prioritising investment over consumption expenditure and so on. In addition, they can just get lucky. When
How to make it easier to do business–Economic Times–05.11.2017
India’s improvement by 30 places in ease of doing business, as measured by the World Bank’s annual ranking, is a signal achievement and should help
The eternal asymptotes | Business Standard Column–05.11.2017
In mathematics there is a concept called asymptotes. There are many definitions but the simplest is an asymptote is a line which is tangent to
Political confidence is not business confidence | Business Standard Column–05.11.2017
If you have been foolish enough to choose economics as your preferred option for a BA degree, one of the first things you are taught
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