In 2003, the government passed the Fiscal Responsibility and Budget Management Act (FRBMA) to bring the central fiscal deficit down to 3 per cent of
Category: Economy
It may not be feasible to have a weak rupee: HSBC India’s Hitendra Dave | Business Standard News–11.09.2017
How is HSBC India doing and what is the perception of India among foreign investors? There are challenges to the economy. One of the things
Rupee overvaluation fallacy | Business Standard Column–11.09.2017
The unexpectedly low gross domestic product (GDP) growth of 5.7 per cent for the first quarter of 2017-18 and the prospect of a growth rate
It’s the politics, stupid! [ Former RBI Governor Mr. Jalan’s book ]| Business Line–11.09.2017
Ask the man on the street, or the CEO of a Sensex company what India needs to do lift itself out of sluggish growth and
Raghuram Rajan interview: In circumstances, RBI has to make decisions that banks skirt – The Hindu–11.09.2017
There is some criticism of the powers given to the RBI to give directions to banks to act against defaulters. Is it a good
Raghuram Rajan flags India’s biggest worry that could cost Modi a win in 2019 elections – The Economic Times–10.09.2017
Among all things Raghuram Rajan has been talking about for the past few days, the one thing that should strike some resonance for Prime Minister
Demonetization–P Chidambaram asks Modi government to show courage and accept demonetisation was wrong decision – The Financial Express–10.09.2017
Former finance minister and Congress leader P Chidambaram today yet again trained his gun on the Modi government saying that “Demonetisation was a wrong decision
MUDRA Yojana: Narendra Modi’s MUDRA Yojana generates 5.5 crore jobs, says report – The Economic Times–10.09.2017
The Pradhan Mantri MUDRA Yojana (PMMY), which provides access to institutional finance to small business units, has helped in creating 5.5 crore jobs with industrialised
GST Council meet: Large refund claims for transitional stock startle govt | Business Standard News–10.09.2017
Significant refunds claimed by entities for the pre-GST (goods and services tax) stock has left the government startled. For the close to Rs 95,000 crore
Raghuram Rajan throws down fiscal gauntlet for New Delhi | Business Line–10.09.2017
India’s rock star central banker has found his voice. Former Reserve Bank of India Governor Raghuram Rajan has broken his roughly one-year long silence on
Carrot and stick: Gadkari’s bulldozer could steamroll industry–10.09.2017
Nitin Gadkari is the Union minister in charge of all forms of transport by road and water. He oversees development of almost 46,000 km of
T N Ninan: The sub-seven reality | Business Standard Column–09.09.2017
How many years does it take to establish a trend? If you take the last six years (2011-17), the economy has grown by an estimated
Raghuram Rajan: Govt shouldn’t have done chest-thumping on growth | Business Line–09.09.2017
Very strong GDP expansion needed for 10 years With India trailing China on economic growth post demonetisation, former RBI governor Raghuram Rajan has said
The economists are coming: Some popular fallacies propagated by economic experts, and their policy consequences–09.09.2017
Inbreeding has its dangers, especially among prominent families. It is also dangerous among prominent disciplines, economics being a case in point. As policy makers like
Calling black white | The Indian Express–09.09.2017
Demonetisation has led to much pain. Prime Minister Narendra Modi had promised that the pain would last only for 50 days, but would benefit the
Focus on infra, power, exports to boost growth: Raghuram Rajan to govt | Business Standard News–08.09.2017
A week after gross domestic product growth touched a three-year low of 5.7 per cent in June, the lowest in the Narendra Modi government’s tenure,
Making farming remunerative | Business Standard Editorials–08.09.2017
The Madhya Pradesh government’s new scheme of compensating farmers in cash for their failure to get the minimum support prices (MSP) is a welcome measure.
Priorities for Mr Prabhu | Business Standard Column–08.09.2017
Suresh Prabhu has become the Minister of Commerce and Industry at a critical juncture when the gross domestic product growth has dipped to 5.7 per
Lessons learnt and unlearnt | Business Standard Column–Mr. Rajwade–08.09.2017
Both the annual report of the Reserve Bank of India (RBI) and the gross domestic product (GDP) data for the first quarter of 2017-18 came
NPAs: Post-demonetisation economy: Exorcising DeMo’s demons – The Economic Times–08.09.2017
GoI should expeditiously complete already launched reforms in the bankruptcy law, rules and procedures, and the clean-up of the NPAs in PSBs. From the GDP
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