A 10% increase in India’s Internet traffic delivers on an average a 3.3% growth in the country’s GDP and a 10% increase in India’s mobile
Category: Economy
GST to severely dent liquidity of exporters: FIEO – The Financial Express–15.07.2017
The initial procedural and software glitches of Goods and Services Tax have smoothen a lot, Calcutta Freight Brokers Association said today. “Initially, there were lot
Fiscal deficit: Finance Ministry to decide on NK Singh panel report – The Financial Express–15.07.2017
The finance ministry will soon decide on the NK Singh panel’s recommendations on fiscal management, a senior official said on Thursday. The government will calibrate
Innovative saving products for seniors–Economic Times–14.07.2017
Parts of India are greying rapidly, pushing up future spending on pensions and healthcare. True, India has moved to funded pensions when it is still
Rethinking old age to the benefit of all–Economic Times–14.07.2017
India has a young population with a median age of 27.6 years. Therefore, unlike in most developed countries and China, problems of the elderly, of
Economic growth shouldn’t be at the cost of inclusiveness, says Niti Ayog’s VK Saraswat – The Financial Express–14.07.2017
Economic growth has to be inclusive and not at the cost of education, environment and health, Niti Ayog member V K Saraswat said here today.
A cooling economy | Business Standard Editorials–14.07.2017
Official data released on Wednesday reinforced concerns that the Indian economy was slowing. The growth of index of industrial production (IIP) slowed to 1.7 per
Global growth to boost US exports: Janet Yellen | Business Line–14.07.2017
Federal Reserve is likely to reduce its massive USD 4.5 trillion portfolio, later this year Projecting an upbeat economic prospect for America, the Federal
‘Logistics cost in India will drop to global average’ | Business Line–14.07.2017
Logistics cost in India is in the range of 18-20 per cent. Currently a truck going from Delhi to Kolkata will take between 13-16 days.
Inflation: Retail inflation cools to record low in June, factory output shrinks in May – The Economic Times
Industrial growth slowed to a three-month low in May, possibly due to adjustments in production ahead of the July 1 roll out of goods and
rate cut: Policymakers must ‘reflect’ after record low inflation in June: CEA makes case for a rate cut–Economic Times–13.07.2017
Chief economic adviser Arvind Subramanian said policymakers must “reflect” after data showed consumer inflation at a record low in June amid faltering industrial growth, seemingly
China: Boycott of Chinese goods: How it won’t help India but can harm China – The Economic Times–13.07.2017
In the past two years, various right-wing organisations have called for boycott of Chinese goods to teach China a lesson for creating trouble on the
When markets are on cloud nine–Economic Times–13.07.2017
The BSE Sensex and the NSE Nifty 50 closed at record levels Wednesday. In less than seven months, equities are up a staggering 19%. The
Time for RBI to reduce rates drastically: Rupa Rege Nitsure – The Economic Times–13.07.2017
in interview with ET Now , Mythili Bhusnurmath , Consulting Editor, ET Now and Rupa Rege Nitsure , Chief Economist, L&T Financial Services share their
True measure of India’s tax reform will be its contribution to growth and competitiveness–Economic Times–13.07.2017
By Mark A Weinberger This week, I arrived in India at an exciting time for its economic future. Since entering office, Prime Minister Narendra Modi
Gold rush, again | Business Standard Editorials–13.07.2017
India’s gold imports in terms of quantity in the first half of 2017 crossed the entire imports of 2016. The country imported 510 tonnes of
Procurement from GeM portal to save taxpayers’ money, says Nirmala Sitharaman–Financial Express–12.07.2017
The central and state governments procure goods and services worth over Rs 5 lakh crore annually, she said. (Express Photo) Use of government’s e-market
Maharashtra farm crisis: Here is why it is crucial to make farmers market ready–Financial Express–12.07.2017
History repeats itself, and does so when it is least expected. In 1979, Maharashtra saw its first farmer movement, led by Sharad Joshi in an
An employment crisis–Business Standard–12.07.2017
Concern has consistently been expressed that the Narendra Modi-led central government has not done enough to ensure that employment is expanding. This is perhaps the
India’s consumer inflation may cool to record-low in June, prompt rate cut–Business Standard–12.07.2017
India’s consumer inflation is expected to have slowed to a record-low in June, pressured by a sharp drop in food and oil prices, a Reuters
aniltikotekar4sme.com 