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...

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...

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...

Experimental approach on Poverty wins Economics Nobel

The 2019 Nobel Prize in Economics goes to the experimental approach adopted by three Economists- Dr Abhijit Banerjee, Esther Duflo and Michael Kremer in...

Government slashes corporate tax to create the big boost

The government today came out with the biggest impactful economic stimulus by slashing corporate tax to 22%. Announcing the corporate tax stimulus, Finance Minister...

FM instructs banks to go for credit expansion as a stimulus...

The Finance Minister Ms Nirmala Sitharaman brought another dose of stimulus to the economy in the form of credit expansion through commercial banks and...

The world economy is on disarray

One by one, the world economy is getting bad vibes. All along the last couple of years, the Trump directed trade war has been...

Oil spits fire in the market

After worlds’ top crude producer -Saudi Arabia indicated cutting supply by half, global crude prices jumped by 20%; registering the biggest intraday rise since...

Middle East tension may add to India’s economic worries

Oils pries set to soar in the context of Houthi attack on Saudi Arabia’s Aramco oil facilities. World’s oil prices that were travelling low...

Government unveils third round of stimulus

The Finance Minister Ms Nirmala Sitharaman announced another round of stimulus package for the slowdown hit economy. This time the focus is on the...

The automobile industry tells the pain of India’s slowdown

If one development reveals the depth of India’s ongoing slowdown, it is the demand collapse in the automotive industry. Reports from the sector tells...

The mega merger of PSBs

On the day of big GDP growth loss data, the government has come out a mega merger of PSBs. The latest round of public...

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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India on exit mode from RCEP

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Budget 2019 in brief

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India to enforce retaliatory tariff on US goods

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Big Challenges await Ms Nirmala Sitharaman

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When trade war heats up as a real war

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Aramco in talks to partner with Reliance

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Silencing the RBI is suicidal

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