Excerpts: There is some criticism of the powers given to the RBI to direct banks to act against defaulters. Is it a good idea
Category: Economy
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
Garment exporters seek clarity on refund of IGST paid on imported machinery | Business Line–06.09.2017
In letter to Finance Ministry, exporters claim they are not in a position to use input tax credit Garment exporters have asked the Centre for
Demonetisation: An interim assessment | Business Standard Column–06.09.2017
Demonetisation of the old Rs 500 and Rs 1,000 notes — specified bank notes (SBN) henceforth — accounting for over four-fifth of currency in circulation
Let us be confident, but let us boast only after achieving: Raghuram Rajan at book launch | business-news | Hindustan Times–06.09.2017
In a veiled dig at the government, former RBI governor Raghuram Rajan said on Tuesday it is always better to under-promise and over-achieve than to
Government should go slow on public sector bank mergers, says Raghuram Rajan | business-news | Hindustan Times–06.09.2017
Mergers can happen between healthy banks and not amongst weak ones and the central government should be careful in this regard, said Reserve Bank of
Stabilising currency is key for central banks: Former RBI chief Raghuram Rajan | business-news | Hindustan Times–06.09.2017
The most important function for a central bank is to stabilise the exchange rate, and that involves containing inflation to protect the currency’s value, former
Distress Signals | The Indian Express–06.09.2017
The claim of a “normal monsoon” simply leads to a comfort zone which is fictitious. (Representational) I have been urging serious discussion of the prospects
‘More jobs, FDI, exports to be priority’ – The Hindu–05.09.2017
Suresh Prabhu said on Sunday that his priorities as the new commerce and industry minister will include backing measures to generate more jobs, particularly in
Impact of demonetisation lingers on | The Indian Express–05.09.2017
Written by Devendra Kumar Pant GDP growth in the first quarter of 2017-18, at 5.7 per cent, was way lower than consensus estimates by Reuters
हातच्या काकणाचा आरसा | पी चिदंबरम पूर्व अर्थमंत्री Loksatta–05.09.2017
प्रत्येकाला आपापली मते जपण्याचा अधिकार असतो, पण तथ्ये मात्र प्रत्येकाची आपापली असू शकत नाहीत. अशी आकडय़ांवर आधारलेली तथ्ये अखेर आता बाहेर आली आहेत. रिझव्र्ह बँकेने
Impact of demonetisation lingers on | The Indian Express–05.09.2017
Written by Devendra Kumar Pant GDP growth in the first quarter of 2017-18, at 5.7 per cent, was way lower than consensus estimates by Reuters