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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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