Reserve Bank of India deputy governor Viral Acharya has suggested that deposit franchise of state run banks which are in the ‘intensive care unit’ be
Category: Economy
Raghuram Rajan: Demonetisation put new interest burden on RBI as people found ways to convert black money | business-news | Hindustan Times–08.09.2017
The failure to stop dodgy cash coming back into the banking system after demonetisation has likely burdened the Reserve Bank of India with additional interest
Raghuram Rajan speaks on demonetisation, economy and life after RBI: Full text of interview | business-news | Hindustan Times–08.09.2017
Economist and former RBI governor Raghuram Rajan speaks to HT about the impact of demonetisation, the benefits of GST, Indians’ knack for ‘jugaad’ and working
Demonetisation: now a proven failure? – The Hindu–08.09.2017
Arun Kumar Demonetisation as a means of tackling the black economy was destined to fail. It was carried out on the incorrect premise that black
Social revolution in a JAM – The Hindu–08.09.2017
Equality in the digital space is different from empowering Indians in the bricks-and-mortar world In a post on Facebook made on the third anniversary of
Narendra Modi: Modi’s 1 crore jobs challenge may be biggest re-election risk – The Economic Times–07.09.2017
With job creation seen as his government’s biggest failing, Prime Minister Narendra Modi replaced both ministers in charge of employment. Their successors face an uphill
Weak investment demand bigger challenge than GST, noteban, say experts – The Financial Express–07.09.2017
India’s economic activity lost momentum in the June quarter and critics blamed GST as well as demonetisation for the slip, but its weak investment demand
India GDP growth to re-accelerate as GST impact fades, says Morgan Stanley report – The Financial Express–07.09.2017
Economic activity in the country lost some pace amid GST related disruptions but underlying growth momentum remains strong and the country may clock 6.7 per
Unprecedented black money crackdown launched by Narendra Modi government – The Financial Express–07.09.2017
Deregistering over 2 lakh companies—and, in the process, freezing their accounts—for failing to comply with statutory obligations to present information relating to their finances and
GDP dip in face of global recovery worrying: Rajan | Business Line–07.09.2017
It is a matter of concern that India’s economy is slowing down even as the global environment is picking up, says former RBI Governor Raghuram
Focus on cleaning bank books, rather than mergers: Raghuram Rajan | Business Line–07.09.2017
Excerpts: There is some criticism of the powers given to the RBI to direct banks to act against defaulters. Is it a good idea
GSTN: Exporters demand total exemption from GST – The Economic Times–06.09.2017
Exporters have petitioned the government for an outright exemption on payment of goods and services tax, saying that the time it takes to get reimbursements
Benefits have to be really large to justify demonetisation costs: Raghuram Rajan – The Economic Times–06.09.2017
Edited excerpts: Now that we know the damage caused by demonetisation , was it really worth it? Is it more than what you had told
demonetisation: Better to under-promise and over-achieve: Raghuram Rajan on growth – The Economic Times–06.09.2017
In a veiled dig at the government, former RBI Governor Raghuram Rajan today said it is always better to under-promise and over-achieve than to face
loan waivers: Agriculture must attract youth, loan waivers no remedy: MS Swaminathan – The Economic Times–06.09.2017
Indian agriculture must become profitable to boost farmers’ income and attract youth to the farm sector as loan waivers cannot be sustained, according to eminent
Biggest challenge is to clean up balance sheets of PSBs: Raghuram Rajan – The Financial Express–06.09.2017
Former RBI Governor Raghuram Rajan today said the biggest challenge is cleaning up the balance sheets of public sector banks. “RBI (during his tenure) issued
What was Raghuram Rajan’s parting gift to Urjit Patel and what was written on it; revealed here – The Financial Express–06.09.2017
Speaking about his new book, former Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday said that he had given a small memento to
Self-seal export cargoes without Customs monitoring from October 1 – The Financial Express–06.09.2017
The Customs department has allowed self-sealing procedure from October 1 for containers to be exported, as it aims to move towards a ‘trust based compliance
GDP growth: Economy’s recovery is L-shaped? Here is what the constraint is – The Financial Express–06.09.2017
Many analysts continue to exhibit optimism even amidst a sharp growth deceleration to below 6% in the past two quarters. Two distinct features mark the
As risk managers, RBI Governors should speak their mind: Rajan | Business Line–06.09.2017
The RBI Governor is effectively the risk manager of country’s economy and is duty-bound to issue warnings about the risks to macroeconomic stability and the