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
Category: Economy
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
The demand for loan waivers is because agriculture today isn’t viable…we have to address this’–Harsh Kumar Bhanwala, CMD–NABARD–Business Standard–12.07.2017
The National Bank for Agriculture and Rural Development (Nabard) will propose setting up of an agriculture market infrastructure fund, to ensure a better return on
Porter wins small business clients with on-demand logistics, lower costs
By all indications, the recently-introduced Goods and Services Tax is expected to benefit the logistics sector, with rating agency ICRA expecting it to grow 9-10
‘95% start-ups fail but 100% entrepreneurs succeed’ | Business Line–12.07.2017
Ninety-five per cent of start-ups fail; however, entrepreneurs must take heart because 100 per cent of entrepreneurs succeed, believes K Vaitheeswaran, known as the
Nearly 67 crore bank accounts seeded with Aadhaar: Ravi Shankar Prasad–Economic Times–11.07.2017
As many as 67 crore of the 110 crore bank accounts in the country are now linked with Aadhaar, the 12-digit unique identification number, IT
Supreme Court suspends ban on cattle trade for slaughter–Business Line–11.07.2017
Madras HC order staying slaughter ban to cover entire country: Apex court The Supreme Court on Tuesday suspended a government order that had banned the
A loss difficult to digest–Economic Times–11.07.2017
By Asitava Sen Global agriculture is facing new challenges, in terms of climate change, unstable food prices and labour shortage, amid conflicting demand for arable land
1.5 million jobs lost in first four months of 2017 | Business Standard Column
About 1.5 million jobs were lost during January-April 2017. The estimated total employment during the period was 405 million compared to 406.5 million during the
Alarm bells jangle over ₹6-lakh cr frozen in tax appeals | Business Line–11.07.2017
Revenue locked in appeals with Income Tax Commissioners across India rose in fiscal year 2016-17 to ₹6.11 lakh crore: that’s only marginally less than the
Unfinished agenda of rolling out GST–Economic Times–10.07.2017
A major tax reform such as the goods and services tax (GST) is bound to have teething problems. This was fully anticipated and taxmen at