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China edges closer to break the middle-income trap
China is all set to break the middle-income trap successfully; that also in the next few years....
Amazon should develop a new model for India
Just before the framing of the new budget, Amazon’s Jeff Bezos is making a tough visit to...
Inflation reaches the highest level since the launch of inflation targeting
Retail Inflation level touched a surprisingly high level of 7.35% during December 2019 according to the new CPI inflation data of CSO. Sudden monthly...
Slowdown weakens government’s armoury in the budget
Going to the next budget will be a nightmare for any Financial Minister. Revenues are not growing, besides, the responsibility to make additional expenditure...
FM announces infra projects of Rs 102 lakh crore
The Union Finance Minister Nirmala Sitharaman announced six yearlong National Infrastructure Pipeline projects worth Rs 102 lakh crore that extend to 2024-25. Through the...
GST Council keeps rates; fixes 28% on lotteries after voting
The 38th GST Council that was expected to increase rates on certain items in the context of stagnant tax revenues; but decided to keep...
Tight-belt centre releases GST compensation to states
Before the 38th GST Council meeting on Wednesday, the centre has released another tranche of GST compensation to states and UTs. The new tranche...
GST Council to discuss revenue leakages and upward correction of rates
The 38th GST Council meeting is going to take some of the challenging issues in recent times. First is the falling revenues and the...
India registers marginal improvement in Human Development Index
India’s ranking in the UNDP’s Human Development Index (HDI) improved marginally by one place in 2018 from 130 to 129 as per the Human...
Inflation stops RBI on rate cut; predicts slowest growth since 2001
The RBI’s Monetary Policy Committee has stopped the ongoing wave of accommodative monetary policy by keeping the repo rate intact. Fifth bi-monthly monetary policy...
Centre may default on GST compensation to states
Gross under-realisation of revenues from GST may tempt the centre not to pay the GST compensation to the state governments. Indicating such a move,...
IMF cuts India’s GDP forecast for the second time
The International Monetary Fund has cut India’s’ growth forecast for 2019 by 90 bps to 6.1%. This is the second time that the Fund...
Fiscal worries weaken government’s ability to boost the economy
When symptoms for a deep slowdown is increasingly evident, the economy badly need some intervention from the government. The usual fiscal stimulus in the...
Quarterly growth warns deep slowdown knocking on the door
India has registered the fifth successive quarterly GDP growth decline and the lowest growth rate in the past six and a half years.
The latest...
Government liberalises FDI norms to bring back growth momentum
The Union Cabinet ratified another economy booster to revive the growth momentum. This time, the FDI norms in sectors including the decisive contract manufacturing...
RBI Assets and Liabilities
RBI's Asset and Liabilities explained in brief. The various components of the RBI's assets including the capital reserve components and Liabilities including currency in...
RBI’s huge transfer – a real help for the government to...
Reserve Bank of India’s central board has decided to transfer a whopping Rs 1.76 lakh crore to the government including Rs 1.23 lakh crore...
Government brings boosters for the economy
In the context of the rising warning about the economic trends, the Finance Minister Ms Nirmala Sitharaman unveiled a booster package to the economy....
How Trump attacks India’s Developing Country status?
The US President Donald Trump is continuously attacking India’s developing country status. In a latest development, he repeated that countries like China...
Trump’s war on India’s Developing Country status intensifies
Trump is in war with every country on the trade front. Friend or foe, anybody having a trade surplus is getting the...
Slowing economy- RBI goes for further rate cut
The Reserve Bank of India has reduced its policy rate by 35 basis point to 5.4% in its third bimonthly monetary policy...
Bulgaria’s Kristalena Georgieva set to become the new IMF chief
The European Union has selected Ms Kristalena Georgieva – a Bulgarian economist and the former Chief Executive of the World Bank,...
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