Economy

The Reserve Bank of India is in the process of amending its landmark February 12 circular which deals with the resolution process for stressed assets, according to sources quoted by news agencies and...
May 22, 2019
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Sustained liquidity crunch along with caution among the Non-Banking Finance Companies (NBFCs) about their exposure to real estate has led to tightening of purse strings towards the cash-strapped...
May 22, 2019
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In a move that could be seen as a good news for the renewable energy market suffering due to non-flexibility of conventional stations, a government-appointed panel has recommended that coal-fired...
Apr 20, 2019
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In its latest monetary policy review, India’s central bank cut rates by 0.25% to bring down the benchmark repo rate to 6%. While the six member monetary policy committee consisting of the RBI...
Apr 20, 2019
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The bond markets seeking higher yields gave a rather lukewarm response to the Reserve Bank of India’s recently auctioned three-year bonds worth Rs 3,000 crore, amid tight liquidity in the market.  ...
Apr 20, 2019
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A new tax return form released by the Income Tax department could bring many investors and directors of unlisted companies under direct scrutiny of the taxmen. According to the newly released form,...
Apr 20, 2019
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Even as more promoters are approaching banks with one-time settlement offers to prevent the takeover of their companies, the recoveries from bankruptcy cases are on the decline as demand for sick...
Apr 18, 2019
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In 2018, PE/VC investments reached US $1.4 trillion making it the best year since 2007 for the PE industry globally and substantial part of this growth is due to the rise of mega deals in Americas...
Apr 18, 2019
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Despite the cyclical challenges in 2018, India remains at the top of the ranking in overall consumer sentiment and Brazil has overtaken China to come second, according to Credit Suisse Global Wealth...
Mar 27, 2019
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The International Monetary Fund (IMF) has said that India has been one of the fastest growing large economies in the world. However, the IMF asserted that the country has carried out several key...
Mar 22, 2019
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On Friday, Fitch Ratings cut India’s economic growth forecast for the next financial year starting April 1, to 6.8 per cent from its previous estimate of 7 per cent, on weaker than expected...
Mar 22, 2019
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Guess what is a top priority for India’s white collar workforce? It is learning a new skill or hobby. According to Kronos Incorporated survey ‘Future of Workplace’ series, for 66 per cent of India’s...
Mar 20, 2019
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A charter of demands to make India a $5 trillion economy by 2025 was released on Sunday by industry body Assocham. According to media reports, the industry body has also exhorted political parties to...
Mar 18, 2019
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108 economists and social scientists from across the world have raised concerns on political interference influencing official data in India, says a report in FE Online. In a letter, they have asked...
Mar 15, 2019
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How low inflation is a dilemma for India Falling rural incomes and farm distress have cast a shadow on one of the key achievements of the Modi government.   Low inflation in India is proving to be a...
Mar 14, 2019
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The Indian Media and Entertainment (M&E) sector is expected to cross ₹2.35 trillion ($33.6 billion) by 2021, growing at an annual rate of 11.6%, says a report by EY-Ficci. The sector  grew at 13....
Mar 13, 2019
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The National Democratic Alliance (NDA) government will return to power in 2019, either with a majority or in the form of a coalition with new allies, say most respondents to a CARE Ratings Survey....
Mar 13, 2019
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Indian businesses that paid most of their goods and services tax (GST) liability using input tax credit or reported a significant variation in turnover are being queried by taxmen, media reports....
Mar 12, 2019
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Hundreds of thousands of engineers in India, with computer code to civil engineering specialisations are struggling to find  a job in their field and to pay back huge student loans, media reports. ...
Mar 12, 2019
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A report by rating agency Crisil Research states that capacity addition in solar energy sector has slowed due to lack of clarity on several policy issues and arbitrary bid cancellations, media...
Mar 12, 2019
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The Confederation of Indian Industries (CII) released a ‘Suggested Election Manifesto’ on March 10, which provides an economic roadmap for political parties to achieve an average growth rate of 8 per...
Mar 11, 2019
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A study titled 'Video on Demand: Entertainment reimagined’, conducted by Assocham-PwC, expects India's data consumption to grow at a compounded annual growth rate (CAGR) of about 72.6 per cent to 10,...
Mar 11, 2019
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India is exploring various options, including approaching the WTO dispute body, to deal with the US decision to withdraw import incentives for about 2,000 domestic goods under the trade preference...
Mar 07, 2019
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A report by Japanese brokerage Nomura warns that global slowdown, tight financial conditions and  political uncertainty in the election year will be the biggest headwinds for growth in India. Further...
Mar 07, 2019
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India may impose retaliatory tariffs on $10.6 billion worth of goods imported from the US, reports in media said. The move is being considered in reaction to the Trump administration’s decision to...
Mar 06, 2019
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The increment season will soon be here and there is some good news for Indian salaried class. Aon, a professional services firm, has come out with the 23rd edition of its annual Salary Increase...
Mar 06, 2019
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For the first time in past five years, FDI equity inflows fell during the first 9 months of FY19 in terms of annual growth rate, media reports.  A CARE Ratings analysis based on Department for...
Mar 01, 2019
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India’s gross domestic product (GDP) grew at a five-quarter low rate of 6.6% in the September-December period (Q3) of the current fiscal dragged by faltering manufacturing, agriculture and small...
Mar 01, 2019
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A joint report by the World Bank and the International Labour Organisation says increase in exports can result in higher wages in India  and also better jobs — including more formal jobs for youth...
Mar 01, 2019
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Independent economists said the Indian economy is likely to have grown at a slower pace of 6.7-7.2% in the third quarter of FY19. Their estimates came ahead of Thursday’s release of the official...
Feb 27, 2019
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A report by Boston Consulting Group (BCG) says that the consumer market may grow at 12 per cent annually over the next decade and touch Rs 335 lakh crore, media reports. In 2018, the consumer market...
Feb 27, 2019
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A meeting of a group of ministers (GoM) on power under finance minister Arun Jaitley took place Monday to discuss ways to resolve the bad loan crisis in the sector, reports media. The GoM discussed...
Feb 26, 2019
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India's economy likely grew at its slowest pace in over a year in the October-December quarter, a Reuters poll showed. The reason is being attributed to weaker rural incomes and softer urban demand...
Feb 26, 2019
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India is not seeing any investment gains as global trade tensions disrupt supply chains, reports ET online.  In the run up to the general elections due May, foreign direct investment in India fell 7...
Feb 26, 2019
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Traditionally, economies have generally followed evolutionary stages in their development, first shifting from agrarian poverty to industrialization, then beginning light manufacturing, especially...
Feb 25, 2019
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The Goods and Services (GST) Council on Sunday recommended lower GST levy on under-construction homes, including in the affordable segment. Currently, affordable housing faces an 8% effective rate...
Feb 25, 2019
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According to a survey by law firm Baker McKenzie, most mid-to-large sized Indian companies plan to increase their investment by 10 per cent in next two years regardless of political uncertainties,...
Feb 22, 2019
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The National Association of Software and Services Companies (Nasscom), the IT industry body, is discontinuing the practice of giving out revenue growth forecast for the $180-billion industry. Media...
Feb 21, 2019
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The GST Council today deferred the decision on reduction in tax on under-construction houses to Sunday. In the Wednesday meeting of the GST Council the matter remained inconsclusive as some states...
Feb 20, 2019
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According to India Ratings, a Fitch Group Company, India's GDP growth could touch 7.5 per cent in financial year 2019-20 as against 7.2 per cent during current fiscal i.e. 2018-19. The current fiscal...
Jan 17, 2019
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Though the government may find it difficult to  meet its fiscal deficit target of 3.3 percent, India’s real GDP growth is expected to be at 7.8 percent in FY19, up from 6.7 percent in FY18, according...
Nov 16, 2018
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The CII has voiced concern over the liquidity crunch in the market that may lead to increased financial stress for the MSMEs. The recommendations coming in the backdrop of the ongoing tussle between...
Nov 15, 2018
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The income-tax department (I-T) is ‘chasing’ 80,000 persons who had deposited cash during demonetisation, say media reports. The reason for this being that their  income profiles do not match the...
Nov 15, 2018
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Rating agency ICRA has said that the delays in the settlement of bankruptcy cases is leading to banks losing thousands of crores of rupees. ICRA estimates this loss at Rs 4,000 crore in the dozen...
Nov 13, 2018
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The Indian arm of the largest Chinese bank, the Industrial and Commercial Bank of China, has set up $ 200 million fund for investing in the promising Indian micro, small and medium enterprises and...
Nov 13, 2018
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The back series data of gross domestic product (GDP) of India, which is being eagerly awaited by economists and experts, seems to have been delayed. Niti Aayog has now sought more time to analyse and...
Nov 13, 2018
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In what is being perceived as a thaw in the strained relationship between the government and the Reserve Bank of India, Finance Minister Arun Jaitley seemed to be backing the central bank on Sunday...
Nov 12, 2018
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India has been one of the biggest ‘improvers’ in the World Bank’s Ease of Doing Business rankings this year, and saw its rank shoot up from 100 to 77, among 190 countries. Given its earlier record –...
Nov 12, 2018
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India is not just the world’s fastest-growing economy but also one of the most puzzling. What is adding to the India puzzle is the change in the methodology to calculate gross domestic product and...
Nov 12, 2018
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“It’s time to buckle up.” Christine Lagarde, managing director of the International Monetary Fund Policy has advised policy makers to be prepared for more market volatility amid further financial...
Oct 15, 2018
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