Corporate earnings for the June quarter are nothing to write home about. An insipid 0.3 per cent growth rate, year on year, in the net
Category: Economy
Time to review banking sector valuations | Business Standard Column–18.08.2017
The Economic Survey Volume 2 makes an interesting point about corporate credit growth. The private sector banks saw credit growth averaging out at around 10-11
India hopes to shoot up in World Bank’s ‘ease of doing business’ ranking | Business Line–18.08.2017
Improved efficiency in granting construction permits, starting a business and resolving insolvency is expected to improve India’s overall ranking in the World Bank’s ‘ease of
Bullion binge | Business Line–18.08.2017
After shrinking to an eight-year low in FY17, India’s bullion import bill is showing signs of bloating again. Latest data from the commerce ministry indicate
Crop insurance falls short of promise | Business Line–18.08.2017
Appala Venkatesh is a farmer owning and farming in 1.25 acres of his land in Laxmapur village of Telangana. By mid-June, he was ready with
Economic growth, inflation may trend higher in next 6-12 months: Nomura | Business Line–18.08.2017
Economic growth and inflation are expected to trend higher in the next 6-12 months and the Reserve Bank is likely to stay on a prolonged
After political dividends, notebandi can also yield economic dividends–S A Aiyar–Economic Times–17.08.2017
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
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