The time may have come to bid goodbye to the law on fiscal responsibility, because it is doing more harm than good. No deficit target
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RBI sticks to familiar script, cuts repo rate by 25 bps to 5.15% | Business Standard News
The Reserve Bank of India (RBI) in its fourth monetary policy review this fiscal year on Friday reduced the policy repo rate by 25 basis points (bps), and said
RBI policy: A cut in rate was expected; a cut in GDP growth target was not | Business Standard News
It was widely expected that the Reserve Bank of India (RBI) would cut interest rates on Friday for two reasons. The first is that by now it
RBI won’t let any cooperative bank collapse, banking sector stable: Das | Business Standard News
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday tried to assuage fears about the banking sector, reeling from one crisis after another, by claiming that
This may not be the last rate cut by RBI this year; interest rates may fall below 5%, here’s why – The Financial Express
Bank Interest Rates: The Reserve Bank’s decision to cut short term inter-bank lending rate by another 25 basis point may not be the last rate cut
Growth, not inflation,over-riding concern: Shaktikanta Das on 5th rate cut – The Financial Express
Reserve Bank governor Shaktikanta Das on Friday said the fifth straight rate reduction to a decadal low of 5.15 percent was necessitated by the growing
Monetary easing is fine, but not enough – The Hindu BusinessLine
Lower rates and fiscal stimulus alone will not spur growth. Structural constraints, economic and financial, need to be addressed Himadri BhattacharyaWith a 25-basis point cut
Monetary accommodation continues in push for growth – The Hindu BusinessLine
But, there are limits to the effectiveness of monetary policy in a demand-constrained economy with ‘weak consumer sentiment’ It was an anxious Monetary Policy Committee
Grant Thornton appointed to investigate Rs 4,355-crore PMC Bank fraud – The Economic Times
The government has roped in Grant Thornton to carry out forensic investigations into the fraud hit Punjab and Maharashtra Cooperative (PMC) Bank, said four persons with direct
RBI: Banking woes add to RBI worries as it moves to cut rates – The Economic Times
By Anirban Nag India’s worsening banking problems are adding a new layer of complexity to the central bank’s monetary policy as it prepares to cut interest rates
RBI rate cut: Why another rate cut may not help India – The Economic Times
By Mihir Sharma It’s almost universally expected in India that the central bank’s monetary policy committee will lower interest rates this week. Many expect it to keep
Deloitte Haskins and Sells questions NCLT ambit – The Economic Times
Deloitte Haskins and Sells, an auditing network firm of Deloitte India, on Thursday challenged the constitutional validity of National Company Law Tribunal’s (NCLT) power to sack
The challenge of slowing world trade–Economic Times
World trade is slowing, drastically. This, by itself, does not warrant export pessimism in India. Concerted effort by industry and the government can still accelerate
A welcome rethink by Supreme Court–Economic Times
Four things are noteworthy in the context of the Supreme Court’s recall of its 2018 order diluting the efficacy of the Scheduled Castes and Scheduled
Kerala finance minister Thomas Isaac blames ‘mess in GST’ for low mop-up | Business Standard News
The dwindling goods and services tax (GST) collections, which fell to a 19-month low in September, have triggered a war of words between Kerala Finance
MP, Punjab express concerns over delay in release of GST share by Centre | Business Standard News
Madhya Pradesh and Punjab on Thursday raised concerns over delay in release of GST revenue and other funds by the Centre to the states, saying
The macro arithmetic of corporate tax cuts – The Hindu BusinessLine
C Rangarajan / DK Srivastava The changes in corporate income tax (CIT) changes announced last month by the Finance Minister constitute an important milestone in
Auto sector slowdown, widespread rainfall in Aug impacted GST mop-up, says Centre – The Hindu BusinessLine
The Centre has blamed the cyclical slowdown in sectors such as automobile and widespread rainfall during August for the low Goods and Services Tax (GST)
Dip in GST collections tells a story – The Hindu BusinessLine
Reviving economic activity along with streamlining glitches in the GST network can make a difference. In the current scenario, both the Centre and States’ finances will be
The great onion crisis in India is back to Modi’s dismay – The Economic Times
By Anuradha Raghu and Pratik Parija Onions in India are once more at the epicenter of a major controversy, pitting government officials who want lower
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