It will take some more time for credit offtake to pick up, Dhiraj Relli, MD & CEO, HDFC Securities, said. While the retail credit portfolio
Category: Economy
Pulses prices collapse: Here is what really caused this outcome to pass – The Financial Express–13.09.2017
An increase of around 12%, on average, in the minimum support price (MSP) of five pulses in agricultural year 2016-17 should normally have boosted both
Income-tax department calls big corporate entities to pay advance taxes | Business Standard News–13.09.2017
The income-tax (I-T) department is “coaxing” top corporate entities to make the 45 per cent of the total advance tax payment by September 15, the
Caught in a cleft [ Public Sector Banks ]| Business Standard Editorials–13.09.2017
Reserve Bank of India Deputy Governor Viral Acharya said last week that the financial health of India’s public sector banks (PSBs) was so poor that
A longer pause? | Business Standard Editorials–13.09.2017
In stark contrast to talk of deflation in the economy, India’s retail inflation, measured by the Consumer Price Index (CPI), grew by 3.36 per cent
Exporters in serious financial crisis due to GST refunds delay | Business Standard News–13.09.2017
Exporters are under very serious financial problems due to draining up of funds and liquidity crisis as GST refunds were not coming to them as
As incomes rise, exporters pay the price of development | Business Line–13.09.2017
The good news is that India’s per capita income has gone up, and stayed up. The bad news, going by a recent notification of the
Banks need $65 billion more capital to meet Basel-III norms: Fitch | Business Line–13.09.2017
Fitch Ratings on Tuesday said capital needs of Indian banks have fallen from its previous estimate of $90 billion to $65 billion, largely as a
‘By-products of demonetisation could be more valuable’ | Business Line–13.09.2017
S S Mundra, former deputy governor of Reserve Bank of India, on Tuesday said that the ‘by-products’ of demonetisation could turn out to be more
Time for course correction: on India’s declining growth rate – The Hindu–C Rangrajan–13.09.2017
About a week ago, the Central Statistics Office (CSO) released the estimates of the gross domestic product (GDP) for the first quarter (April-June) of 2017-18.
No proof required: Madness in monetary policy | The Indian Express–Mr. Surjit S Bhalla –13.09.2017
It is more than four years since my column, Tell me I am mad, (IE, June 22, 2013) was published. I had written that I
India’s rank in the global index: India may rise on ease of business index – The Economic Times–12.09.2017
The government expects a double-digit improvement in India’s rank in the global index on ease of doing business, likely to be announced by the World
Demonetisation: How India’s failed note ban move taught the world what not to do – The Economic Times–12.09.2017
Almost a year on, India’s ban on large-denomination bills has been deemed a “total failure.” That’s not quite fair. True, the primary goal of flushing
Waivering farmers loan: Farm loan waiver may push inflation by 0.2 per cent: RBI paper – The Economic Times–12.09.2017
Farm loan waiver amounting to Rs 88,000 crore likely to be released in 2017-18 by seven states, including Uttar Pradesh and Maharashtra, may push inflation
Foreign Portfolio Investors–Too much of a not-so-good thing–Economic Times–12.09.2017
Foreign portfolio investors (FPI) have been relentlessly pouring money into Indian debt for eight months in a row, with total investment on this score adding
What is key to reviving GDP growth in India? All you want to know – The Financial Express–12.09.2017
Most commentators have explained the big loss in economic momentum in the April-June quarter by talking of the pre-GST destocking, as also the lagged effects
A glimmer of hope | Business Standard Editorials–12.09.2017
There is emerging evidence that the Ministry of Power’s Ujwal Discom Assurance Yojana or UDAY has started to yield results. Ever since its launch in
We could have managed liquidity better, says Raghuram Rajan | Business Standard News–12.09.2017
Former Reserve Bank of India (RBI) governor Raghuram Rajan has said that in hindsight it appears that the central bank under his governorship could have
What’s wrong with the foreign investor appetite? | Business Line–12.09.2017
The fall in portfolio inflows into equity may suggest foreign investment flows into India have peaked. But debt markets indicate otherwise. And that may not
Interpretation of dreams: Growth is an artifact of how we compute GDP numbers–Economic Times–11.09.2017
By Abhijit Banerjee & Esther Duflo It was the best of times, it was the worst of times, it was the age of breakneck growth,
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