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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...
India on exit mode from RCEP
Developments on RCEP indicate that India is planning
to exit the discussions before the trade bloc’s effective launch. An important
meeting of the Commerce...
Centre proposes States to use Aadhaar for welfare schemes
The centre is proposing an amendment to the Aadhaar legislation
that allows the states to use Aadhaar ID for delivering their welfare schemes....
Jalan Panel is divided on capital transfer
The Bimal Jalan Panel that was constituted to transfer
RBI’s excess reserves to the government is known to favour transfer in
tranches. The Committee...
Why this budget is not incremental?
Nearly six months after the presentation of a large scale and full-fledged election budget, a new budget for the same fiscal...
India to enforce retaliatory tariff on US goods
Nearly one
year after the announcement of a retaliatory tariff on the import of certain US
goods, India asserted its enforcement from June 16th...
Big Challenges await Ms Nirmala Sitharaman
Nirmala Sitharaman has been
selected for handling the all-important Finance Ministry portfolio under the
new Modi Ministry. Ms Sitharaman has rich experience in the...
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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