By: Amit Malviya & Kishore Desai Before 2014, petroleum and oil sector finances were dangerously unsustainable. Subsidies were paid with oil bonds that were
Better growth in coalition governments: Former RBI governor YV Reddy – The Economic Times–29.09.2017
A coalition government that produced consensus on policy-making was probably better than the one with a majority as far as economic growth was concerned, former
Demonetisation: Finance Minister Arun Jaitley defends demonetisation & GST, trashes slowdown talk – The Economic Times–29.09.2017
Finance minister Arun Jaitley strongly defended the government’s economic management, demonetisation and tax reforms, citing robust revenue collections to dismiss what he described as the
Card payment: Card payments push may land banks with a Rs 3,800 crore annual hole – The Economic Times–29.09.2017
The government’s digital payments push, mainly online card payments through PoS machines, may leave already capital starved banks bleed by a whopping Rs 3,800 crore
Bitcoin: Bitcoin ‘more than just a fad,’ Morgan Stanley CEO Gorman says – The Economic Times–29.09.2017
Not every Wall Street bank chief is bearish on bitcoin. Morgan Stanley Chief Executive Officer James Gorman takes a more measured view on the cryptocurrency
Apologists in PM’s Economic Advisory Council: Anand Sharma – The Economic Times–29.09.2017
Congress on Thursday stepped up its attack on the government over the handling of the economy, saying it is fast slipping into deep recession and
Startups are still hot with employees: TimesJobs study – The Economic Times–29.09.2017
The survey covered 900 professionals in the experience range of 0-2 years. Startups are still hot with employees, despite testing times. Compared with the last
Merchant traders: Exporters seek quicker refund, no GST for merchant traders – The Economic Times–29.09.2017
Exporters have sought faster refund of duties, exemption from tax payment for merchant exporters and simpler tax compliance for small exporters from the government. In
US economic growth revised up to 3.1 percent rate in Q2 – The Financial Express–29.09.2017
he year started with a lacklustre 1.2 per cent gain in the first quarter. Economists believe growth has slowed again to around 2 per cent
Delhi HC gives exemption to export companies from paying IGST – The Financial Express–29.09.2017
The Delhi High Court has allowed private companies to import goods to manufacture products for export without paying the additional levy of the latest Integrated
Yashwant Sinha article: How Manmohan Singh’s 2012 prescription can come to Modi’s rescue now – The Financial Express–29.09.2017
Have demonetisation & GST pushed India’s economy into a downward spiral? No, say economists. But, is the economy doing great? No again, say economists! Senior
Why is the rupee strong? Guessing the future exchange rate – The Financial Express–29.09.2017
Fundamentals get reflected finally in terms of changes in forex reserves, as this is a reflection of total inflows and outflows of dollars to and
Why Narendra Modi government should forget the fiscal deficit now – The Financial Express–29.09.2017
While many, including this newspaper, argue for increasing government expenditure in order to stimulate the economy in the absence of any other growth-driver, and the
From toilets to household finance, this is what successful reform really requires – The Financial Express–29.09.2017
Economic reform in India has to be about much more than freeing up the market, or getting prices right. Clearly, a horrendously inefficient indirect tax
Rising NPAs in power sector add to banks’ stress | Business Standard News–29.09.2017
The stress in the power industry that is evident both in the distribution and generation sides of the business has left the State Bank of
Institute e-wallet for SMEs, exempt exporters from GST: Traders to govt | Business Standard News–29.09.2017
Exporters have suggested the idea of instituting an e-wallet mechanism for small and medium enterprises (SMEs) and complete exemption for merchant exporters, who have been
RBI unlikely to cut rates in October policy: Economists | Business Standard News–29.09.2017
Economists don’t expect the six-member monetary policy committee of the Reserve Bank of India (RBI) to tinker with rates in the October 3-4 policy review,
High growth will need structural reforms | Business Standard Column-29.09.2017
The recent dip in gross domestic product (GDP) growth is being taken seriously in all quarters. The myth of a high-growth trajectory is being challenged.
Disinvestment blues | Business Standard 29.09.2017
Even as the indirect tax collections from the goods and services tax (GST) dipped in August compared to the preceding month, latest reports suggest that
Putting out farm fires | Business Standard Editorials–29.09.2017
The pernicious practice of burning crop residue, which has defied all attempts to curb it till now, may reduce noticeably in the approaching kharif harvesting