The Union Cabinet has cleared a new code that will govern minimum permissible wages in India. The Bill has yet to be debated and cleared
Category: Economy
Middle class: Is the Indian middle class responsible for keeping the economy ticking?–Economic Times–08.08.2017
The middle-class engine could lose steam if private investments do not take off and new jobs are not created. And that is unlikely to happen
income tax return: Demonetisation & Operation Clean Money effect: ITR filings for 2016-17 grow 25% to 2.82 crore–Economic Times–08.08.2017
Individual income tax returns jumped 25% so far in the current financial year as the authorities turned up the heat on evaders after demonetisation. The
broadband internet: Internet access isn’t as common as FMCG product in India. Read why–Economic Times–08.08.2017
It’s well documented that high-speed broadband Internet use leads to faster economic growth. Thanks to India’s 1.2 billion population, the country figures among the top
Rupee rise can hurt manufacturing, export push, warns DBS – The Financial Express–08.08.2017
Singaporean lender DBS today said it “suspects” that there has been a change in the stance by the authorities to let the rupee appreciate more,
Exporters facing difficulties in GST transition period: EEPC – The Financial Express–08.08.2017
Engineering exporters’ body EEPC India today said that shipping companies are facing difficulties post GST as their drawback refunds will not be released till September-end
FinMin rejects Commerce Ministry pitch for lower gold import duty | Business Line–07.08.2017
In 2016-17, about 650 tonnes of gold were imported, resulting in tax revenues of ₹20,000 crore Basic customs duty to stay at 10% The Finance
Another weak quarter | Business Standard–07.08.2017
Corporate India is facing new challenges to growth, going by the April-June quarterly financial data of more than 600 companies that have declared their results
Elements of the recovery | Business Standard–07.08.2017
We have been in a sustained downturn from 2011 onwards. How will this end? It is instructive to look at the last difficult downturn, of
Govt gears up for divestment drive | Business Standard–07.08.2017
After a brisk start to the Centre’s 2017-18 disinvestment programme, the finance ministry’s Department of Investment and Public Asset Management (Dipam) has lined up a
Mismatch between external, internal rupee values detrimental to exporters, notes ASSOCHAM – The Financial Express–07.08.2017
On the other hand, despite a falling inflation, now ruling at a five-year low, the rupee has weakened at least in reverse proportion to the
Why Modi must find the courage now to stop the worst subsidy of all–Economic Times–07.08.2017
The government has announced that the price of subsidised kerosene will be raised by 25 paise per fortnight until the subsidy goes. Of India’s many
kharif season: India set for record kharif crop harvest–Economic Times–07.08.2017
Foodgrain output in the ongoing 2017-18 kharif season is likely to surpass last year’s record of 138.04 million tonnes due to higher acreage and good
Falling interest rates tilt the balance more in favour of equity investment–Economic Times–07.08.2017
By DK Aggarwal The Reserve Bank of India earlier this week cut the repo rate by 0.25 per cent, and this is expected to further
RBI monetary policy: ‘If I were in MPC, I would have gone for a 50-bps cut’–07.08.2017
I like the idea of a central bank being cautious. Demonetisation was an unfortunate policy intervention. But it contributed in some way in bringing down
For a context-based monetary policy | Business Line–07.08.2017
The continuous fall in inflation ever since inflation targeting was adopted has surprised many, including official forecasters. Our cautious policymakers, however, have been reluctant to
तुटीचे आपोआप चलनीकरण -Maharashtra Times—07.08.2017
सरकारची तूट भरून काढण्यासाठी रिझर्व्ह बँकेने सरकारच्या निर्देशानुसार नवीन चलन छापणे किंवा सरकारच्या प्रतिभूती विकत घेऊन सरकारला पैसा पुरविणे याला तुटीचे आपोआप चलनीकरण असे म्हणतात.
Monetary policy will continue to be unpredictable: Here are the reasons – The Financial Express–06.08.2017
There are now six MPC members each with their independent views that look at the same data and draw conclusions which finally lead to a
Economics’ Achilles heel | Business Standard–05.08.2017
Half a century ago, when I attended my very first class in economics, the professor said economic theory was a discipline — he was careful
T N Ninan: Disruption, then revival? | Business Standard–05.08.2017
The economy began slowing down over a year ago. The slowdown accelerated, if you will, after the November demonetisation, if one is to judge by
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