The Reserve Bank is expected to go for a 25 basis points (bps) repo rate cut in its policy review meet on August 2 as
Category: Economy
Is the world economy staging a comeback? | Business Standard–28.07.2017
The world economic picture has not looked so rosy for quite some years. The update of the World Economic Outlook published at the beginning of
GST impact: Over 25% of trucks idle amid drop in interstate movement–27.07.2017
More than a fourth of India’s 6 million-strong truck pool is said to be idle after the goods and services tax (GST) came into force
Rs 2000 note: Demonetisation again? There are signs of another currency ban coming–Economic Times–27.07.2017
The Opposition in Rajya Sabha today asked Finance Minister Arun Jaitley to clarify whether the government has decided to scrap the newly launched Rs 2,000
Bad loan crisis: Here is how to cross the bankruptcy chasm – The Financial Express–27.07.2017
Atanu Mukherjee The introduction of the Insolvency and Bankruptcy Code, the formation of Insolvency and Bankruptcy Board of India (IBBI) and the recent RBI directed
Indian banks most at risk among South, South-East Asian peers: Poll – The Financial Express–27.07.2017
Indian banks are most at risk in South and South-East (S-E) Asia, and being under-capitalised, they lack sufficient loan provisioning, says a Moody’s poll. It
Time to cut rates | Business Standard Editorials–27.07.2017
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will meet next Wednesday to review the central bank’s policy stance. The RBI
India is underperforming in infra spends, says report | Business Line–27.07.2017
India is underperforming in terms of spending needs (in relation to GDP) in several infrastructure segments, within its peer group (low- and middle-income countries) that
PM job scheme: CAG blames MSME Ministry for delayed release of funds | Business Line–27.07.2017
PM job scheme: CAG blames MSME Ministry for delayed release of funds Aditi Nigam Release of funds at the fag end of 2015-16 by the
Now, gold importers misusing FTA route for money laundering | Business Standard News–27.07.2017
If industry experts are to be believed, the recently implemented goods and services tax (GST) regime might have inadvertently opened a channel for gold importers
From free to Rs 120/kg: How to prevent tomato crisis from hurting farmers, consumers | Business Standard News–27.07.2017
When tomatoes make it to the news, it is mostly for the wrong reasons. The pictures of farmers dumping the produce have now been permanently
NPA: Big financial blow for NPA-laden banks on cards as RBI unlikely to ease provisioning load–Economic Times–26.07.2017
Banks hoping to escape steep provisions on loans referred to bankruptcy court, apart from the 12 companies that the Reserve Bank of India (RBI) recently
Inflation: Why Reserve Bank of India should fix inflation forecasting model now–Economic Times–26.07.2017
When Chief Economic Adviser Arvind Subramanian expressed his angst at the Monetary Policy Committee for not reducing interest rates at its June meeting, he didn’t
Internet shutdowns anti-productive for India’s cashless economy: Internet Society–Economic Times–26.07.2017
US-headquartered Internet Society has said Internet lockdowns are counterproductive for a country like India which is pushing for a less-cash economy. This year till end
Over 6.83 L companies have PAN but did not file I-T returns: Minister of State for Finance Santosh Kumar Gangwar – The Financial Express–26.07.2017
Over 6.83 lakh companies have permanent account number (PAN) but did not file income tax returns for assessment year 2016-17, Parliament was informed today. The
Bad loans crisis: How to rescue public sector banks – The Financial Express–26.07.2017
On Sunday, November 23, 2008, the United States government, acting in concert with the Board of Governors of the Federal Reserve System and the Federal
How cheaper imports trumped Indian wheat; will it affect country’s wheat security; know here – The Financial Express–26.07.2017
Will India remain a long-term wheat importer? Is nation’s wheat security exposed to risk? Will the government intervene to curb or stop import? Should the
Do rising imports reflect demand revival? | Business Standard News–26.07.2017
Imports continued to rise at a robust pace for the 10th month in June, fuelling hope among some experts that industrial demand was back on
Gush of liquidity: 5 factors that helped Nifty cross 10,000 | Business Standard News–26.07.2017
Here are five reasons that have triggered the recent rally: Sharp rally in index heavyweights: The Nifty50 rally, in most part, has been fuelled by
Hidden value–PSBs | Business Line–26.07.2017
As the RBI, the banks and the new Bankruptcy Board double down to the task of resolving the bad loan imbroglio, one thing is becoming