The Survey estimates that DM accounted for 0.54 million of the increase. Income taxpayers totalled barely 30 million before Modi came to power. So, the
Category: Economy
RBI Governor Urjit Patel pushed 0.25% rate cut, transmission by banks: MPC minutes – The Financial Express–17.08.2017
RBI Governor Urjit Patel had opted for a moderate rate cut of 25 basis points arguing that low food prices were unusual and vulnerable to
PSUs’ overwhelming presence holding back economy, says Ruchir Sharma of Morgan Stanley – The Financial Express–17.08.2017
The overwhelming presence of public sector is holding back the Indian economy, Morgan Stanley’s Ruchir Sharma said today. Citing the example of Indian banks, Sharma
RBI monetary policy committee members warn inflation could accelerate – The Financial Express–17.08.2017
The Reserve Bank of India’s monetary policy committee (MPC) members said easing consumer inflation had supported the need for a rate cut at its August
RBI to maintain prolonged pause before next rate cut: HSBC – The Financial Express–17.08.2017
Inflation numbers have risen as expected and the Reserve Bank will go in for a “prolonged pause” before cutting rates again, said a brokerage report.
Economic freedom: PM Narendra Modi identifies problem rightly, India needs market reforms – The Financial Express–17.08.2017
Few can question the efficacy of the big initiatives made by the Narendra Modi government, whether it is the all-important macro stability that we have
How to reverse export momentum loss: All you need to know – The Financial Express–17.08.2017
india’s exports may now have risen eleven months in a row but the recent loss in momentum is worrying. Exports have decelerated two months in
How to get economic growth back on track; Here is what PM Narendra Modi can look at – The Financial Express–17.08.2017
With a third of the year already over, it is apparent the economy will grow at way below its potential in FY18. The first part
Talks of jobless growth and premature industrialisation lack substance; here’s why – The Financial Express–17.08.2017
If chief economic advisor Arvind Subramanian’s talk of India’s premature deindustrialisation wasn’t enough, an additional fear is that of robots being another reason why India
MPC members flag weak investment growth and its impact on economy | Business Line–17.08.2017
Even as the Monetary Policy Committee (MPC) voted 4-2 vote in favour of a 25-basis-point cut in the repo rate, majority of the members flagged
What’s holding an entrepreneur back? | Business Line–17.08.2017
It’s the season for surveys and research. The latest tranche of the Economic Survey is a balanced document that shows a candle at the end
Monetary policy committee meeting: Dholakia, Patra differ on inflation path | Business Standard News–17.08.2017
The minutes of the two-day monetary policy committee meeting show how retail inflation falling to a record low of 1.5 per cent in June changed
India-made garments have the largest pie in US imports in H1 | Business Standard News–17.08.2017
For the first time in the history of India’s garment exports to the US, the country has clocked top position in market share in the
A case of putting all your eggs in one basket? | Business Standard Column–17.08.2017
In my last article, I had argued that despite the drop of 0.25 per cent in the repo rate, real interest rates in India still
Consolidation fiasco | Business Standard Editorials–17.08.2017
In May this year, while announcing the bank’s dismal quarterly results for the fourth quarter of 2016-17, State Bank of India (SBI) Chairperson Arundhati Bhattacharya
Farmers can avail crop loans up to Rs 3 lakh at subsidised rate of 7%: RBI | Business Standard News–17.08.2017
In line with the government’s policy, the Reserve Bank of India (RBI) on Wednesday said farmers can avail of short-term crop loans of up to
Across the Aisle: India at 70 – The Economy | The Indian Express–17.08.2017
Freedom, a written Constitution, parliamentary system of government, and rule of law have several purposes and objectives: one of the foremost is that they will
Subba Rao: Investments key to ensure growth in the country: Subba Rao–Economic Times–16.08.2017
Investments, especially in the manufacturing sector, is the key to ensure sustained growth in the country, former RBI Governor D Subba Rao has said. “I
Independence day: India Inc calls for strengthening policy reforms, job creation–16.08.2017
Lauding the government’s efforts to deal with corruption and black money, industry chamber CII today called for strengthening policy reforms, including a new industrial policy,
A policy shift on jobs | Business Standard Column–16.08.2017
Prime Minister Narendra Modi’s fourth Independence Day speech will be remembered not just for it being his shortest address so far from the ramparts of