The finance ministry’s current economic survey indicates that today’s oil market is very different from a few years ago, in a way that imparts a
Category: Economy
Pulses volatility: All you want to know at a glance – The Financial Express–17.09.2017
While agriculture year (July-June) 2016-17 saw record-high pulses production, profit margins for all pulses except gram (chick peas) declined by an average of 30%. This
Banks loan books set to stagnate as exposure to industry continues to contract – The Financial Express–16.09.2017
Indeed, loan exposure to industry has been contracting for several months now, including the period between April and July, and lenders are therefore staring at
GDP growth: Had Centre not mopped up taxes from oil sector, its capex, spending could not have risen – The Financial Express–16.09.2017
Between central government excise duties and state VATs, taxes in Delhi comprise around 52% of the retail price of petrol and around 44% in the
Q1 current account deficit widens sharply to 2.4% of GDP, says RBI | Business Standard News–16.09.2017
India’s current account deficit (CAD) in the first quarter ended June soared to a four-year high of $14.3 billion, or 2.4 per cent of gross
Widening trade gap drives up current account deficit to 2.4% of GDP in Q1 | Business Line–16.09.2017
The current account deficit (CAD) increased to $14.3 billion, or 2.4 per cent of gross domestic product (GDP), in the first quarter of the current
GST hits exporters’ order book hard; 15% drop till October: FIEO | Business Standard News–16.09.2017
Two months after the roll out of the goods and services tax (GST) regime in July, the order books of exporters are said to have
Utilising MSMEs as engines for growth – The Hindu–16.09.2017
Recent growth data for India reveals that there has been a significant slowdown in the industrial growth rate, especially manufacturing, in the first quarter, April-June,
Worry for India’s economy: Poor rains raise fear of lower agricultural output | india-news | Hindustan Times–15.09.2017
A poor monsoon in nearly 40% of the country is fast turning into a worry for India’s economy this year, with experts warning of a
महंगाई मार गयी! अग्रलेख -महाराष्ट्र टाइम्स –१५.०९.२०१७
देशात महागाईने गेल्या चार महिन्यांतील उच्चांक गाठल्याने इंधन दरवाढीच्या चटक्यातून वाचू पाहणाऱ्या सर्वसामान्य नागरिकांना आता खाण्यापिण्याच्या वस्तूंसाठी संघर्ष करावा लागत आहे. केंद्र सरकारने ग्राहकांना आंतरराष्ट्रीय
Credit offtake to remain muted for now: HDFC Securities chief | Business Line–14.09.2017
It will take some more time for credit offtake to pick up, Dhiraj Relli, MD & CEO, HDFC Securities, said. While the retail credit portfolio
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.