Clipped from: https://indianexpress.com/article/opinion/columns/inflation-targeting-criticisms-rbi-misplaced-8015523/ Ashima Goyal writes: India has achieved higher growth and lower inflation than most countries in these difficult times. It is dangerous to apply
Category: Study
Lessons from the Raj: Whether it is gold or salt, higher duties don’t work | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/lessons-from-the-raj-whether-it-is-gold-or-salt-higher-duties-don-t-work-122070800199_1.html The problem of gas in Europe, oil in the US and gold in India is a lifestyle problem. High taxes and import duties
Rupee’s travails: What has led to the fall, and what can Reserve Bank do? | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rupee-s-travails-what-has-led-to-the-fall-and-what-can-reserve-bank-do-122070800609_1.html The foremost reason for the currency’s fall is the money being pulled out from the Indian economy by the FPIs and FIIs. In
*Import duty hike: No gain from raising gold levies | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/import-duty-hike-no-gain-from-raising-gold-levies/2586759/ Hiking the import duty on gold just incentivises smuggling. Bullion beats paper, at least in this part of the world. In places such
*******Are we headed for an external sector crisis? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/are-we-headed-for-an-external-sector-crisis/article65612894.ece The CAD is at a unsustainable level and the RBI’s measures are expected to work merely as short-term fixes India’s external sector is
*RBI should make conscious effort to internationalise Rupee: SBI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rbi-should-make-conscious-effort-to-internationalise-rupee-sbi-report/article65610549.ece ‘Internationalisation’ of a currency is an expression of its external credibility as the economy integrates globally The Reserve Bank of India (RBI) should
*******Dollar deals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-measures-on-capital-flows-is-a-signal-to-speculators-but-they-may-not-increase-flows-materially/article65611530.ece RBI measures on capital flows is a signal to speculators, but they may not increase flows materially The gathering strength of the US
*****CBIC notifies procedural changes to GST rules easing the compliance burden on small players – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/cbic-notifies-procedural-changes-to-gst-rules-easing-the-compliance-burden-on-small-players/article65609554.ece With the amendments, businesses have been allowed to make tax payments on the GSTN portal by using IMPS and UPI The government has
*******Navigating India’s soft landing | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/navigating-india-s-soft-landing-122070701234_1.html Unless the geopolitical situation worsens considerably, chances of a soft landing are higher in India than in the US The inflation rate needs to fall.
*******Fiscal consolidation today | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fiscal-consolidation-today-122070701289_1.html Mercifully, India has been spared the problems that foreign currency sovereign debt would have posed Fiscal consolidation (FC) in a recession is contextually very
*****Defending the rupee | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/defending-the-rupee-122070701292_1.html Market adjustment should not be delayed for long The Reserve Bank of India (RBI) on Wednesday announced measures aimed at boosting foreign exchange inflows to
*****RBI’s innovative approach to control the fall in rupee is commendable | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-s-innovative-approach-to-control-the-fall-in-rupee-is-commendable-122070601027_1.html The efficacy of the central bank’s steps will be seen in the coming days Madan Sabnavis is Chief economist, Bank of Baroda. The
What RBI’s letter to govt on missing inflation target is likely to contain | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/what-rbi-s-letter-to-govt-on-missing-inflation-target-is-likely-to-contain-122070601155_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and
*****Weak rupee a worry for Indian firms as 44% foreign loans unhedged | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/weak-rupee-a-worry-for-indian-firms-as-44-foreign-loans-unhedged-122070601116_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Experts say the rupee is expected to depreciate further during the year as there is huge maturity of forex loans coming up As
5 years of GST: Why the indirect tax regime may not see big-bang reforms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/5-years-of-gst-why-the-indirect-tax-regime-may-not-see-big-bang-reforms-122070700070_1.html From July 1, 2017, a uniform tax on goods and services – marketed by Prime Minister Narendra Modi as “One Nation, One Tax,
*****RBI measures a step in right direction but forex inflows still seen limited | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-steps-may-not-be-game-changer-but-could-address-widening-cad-122070601278_1.html RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India The RBI lifted the requirement of Statutory Liquidity Ratio
RBI steps in to boost forex inflows, stem rupee weakness – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-announces-measures-to-enhance-forex-inflows/article65606893.ece It also eased norms for NRI deposits In the backdrop of global uncertainty and the continuing weakness of the rupee against the US
SBI General’s Cyber VaultEdge insurance plan launched – Check features | The Financial Express
With increasing digitization and online transactions, online security has become all the more important. Individuals exposed to any form of cyber risks can buy this
Commodities crash to multi-month lows as recession fears grip markets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/commodities-crash-to-multi-month-lows-as-recession-fears-grip-markets/article65608674.ece More fall likely as analysts draw parallel to 2008 plunge As fears of recession, global economic slowdown and a flare-up of Covid cases
Arrangement between husband-wife without exchange of money can’t be doubted as unexplained investment: IT Tribunal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/arrangement-between-husband-wife-without-exchange-of-money-cant-be-doubted-as-unexplained-investment-it-tribunal/article65606615.ece Two property deals in Visakhapatnam and Chandigarh can now be cited as instances that clarify the Income Tax position on matters involving family