By: Amit Malviya & Kishore Desai Before 2014, petroleum and oil sector finances were dangerously unsustainable. Subsidies were paid with oil bonds that were
Category: Economy
Better growth in coalition governments: Former RBI governor YV Reddy – The Economic Times–29.09.2017
A coalition government that produced consensus on policy-making was probably better than the one with a majority as far as economic growth was concerned, former
Demonetisation: Finance Minister Arun Jaitley defends demonetisation & GST, trashes slowdown talk – The Economic Times–29.09.2017
Finance minister Arun Jaitley strongly defended the government’s economic management, demonetisation and tax reforms, citing robust revenue collections to dismiss what he described as the
Card payment: Card payments push may land banks with a Rs 3,800 crore annual hole – The Economic Times–29.09.2017
The government’s digital payments push, mainly online card payments through PoS machines, may leave already capital starved banks bleed by a whopping Rs 3,800 crore
Apologists in PM’s Economic Advisory Council: Anand Sharma – The Economic Times–29.09.2017
Congress on Thursday stepped up its attack on the government over the handling of the economy, saying it is fast slipping into deep recession and
Merchant traders: Exporters seek quicker refund, no GST for merchant traders – The Economic Times–29.09.2017
Exporters have sought faster refund of duties, exemption from tax payment for merchant exporters and simpler tax compliance for small exporters from the government. In
Yashwant Sinha article: How Manmohan Singh’s 2012 prescription can come to Modi’s rescue now – The Financial Express–29.09.2017
Have demonetisation & GST pushed India’s economy into a downward spiral? No, say economists. But, is the economy doing great? No again, say economists! Senior
Why is the rupee strong? Guessing the future exchange rate – The Financial Express–29.09.2017
Fundamentals get reflected finally in terms of changes in forex reserves, as this is a reflection of total inflows and outflows of dollars to and
From toilets to household finance, this is what successful reform really requires – The Financial Express–29.09.2017
Economic reform in India has to be about much more than freeing up the market, or getting prices right. Clearly, a horrendously inefficient indirect tax
Rising NPAs in power sector add to banks’ stress | Business Standard News–29.09.2017
The stress in the power industry that is evident both in the distribution and generation sides of the business has left the State Bank of
Institute e-wallet for SMEs, exempt exporters from GST: Traders to govt | Business Standard News–29.09.2017
Exporters have suggested the idea of instituting an e-wallet mechanism for small and medium enterprises (SMEs) and complete exemption for merchant exporters, who have been
RBI unlikely to cut rates in October policy: Economists | Business Standard News–29.09.2017
Economists don’t expect the six-member monetary policy committee of the Reserve Bank of India (RBI) to tinker with rates in the October 3-4 policy review,
High growth will need structural reforms | Business Standard Column-29.09.2017
The recent dip in gross domestic product (GDP) growth is being taken seriously in all quarters. The myth of a high-growth trajectory is being challenged.
Disinvestment blues | Business Standard 29.09.2017
Even as the indirect tax collections from the goods and services tax (GST) dipped in August compared to the preceding month, latest reports suggest that
Why GST on petrol, diesel may not mean cheap fuel | Business Line–29.09.2017
Contrary to popular notion, bringing petrol and diesel under the Goods & Services Tax (GST) regime may not make them significantly cheaper. There is growing
Labour pain | Business Line–29.09.2017
Rahul’s right: we are not generating jobs In a speech recently in the US, Rahul Gandhi acknowledged that the UPA lost the 2014 polls because
Policy rate unlikely to be cut as retail inflation shows upwards trajectory, says ICRA | Business Line–29.09.2017
Expectation of a further rise in retail inflation may preclude the Reserve Bank of India from cutting the policy repo rate in the upcoming monetary
Yashwant Sinha: After parivar, Yashwant Sinha takes on family | India News – Times of India–29.09.2017
Former finance minister Yashwant Sinha continued his no holds barred criticism of the government’s economic management, questioning the defence put by BJP leaders, including his
Rajiv Kumar: Recovery’s started, should do what it takes to boost economy: NITI Aayog VC – Times of India–29.09.2017
Amid the raging debate about the state of the economy, NITI Aayog vice-chairman Rajiv Kumar spoke to TOI about its prospects. Kumar, who has taken
Yashwant Sinha hits back: Arun Jaitley wouldn’t be there if I had been a job applicant | The Indian Express–29.09.2017
Shortly after Finance Minister Arun Jaitley, without taking names, described him as a “job applicant@80”, senior BJP leader and former Finance Minister Yashwant Sinha responded
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