Reserve Bank of India’s minutes of the monetary policy are in line with what the Monetary Policy Committee had said earlier this month. “No real surprises in the minutes as such," said Ananth Narayan, Standard Chartered said. Money Control, 2 months ago
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To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya. Ever since the Second Advanced Estimates of National Income for 2016-17 were released at end-February, projecting gross domestic product (GDP) growth of 7.1 per cent, there have been numerous statements by government spokesmen pointing to the limited adverse impact of demonetisation and confidently expecting GDP growth in the order of 7.5 per cent or higher in 2017-18.Rediff.com, 4 days ago
Living standards around the world could fall unless governments invest more in research and education that can help revive weak productivity growth, International Monetary Fund Managing Director Christine Lagarde warned on Monday.DNA, 3 weeks ago IMF chief Lagarde warns slowing productivity risks living standards drop Reuters, 2 weeks ago
The monsoon this year in India was likely to be ‘below normal’ at 95% of LPA: Skymet Private weather forecasting agency Skymet on Monday said the monsoon this year in India was likely to be ‘below normal’ at 95 per cent of the long-period average (LPA). A deficit monsoon could impact the Reserve Bank of India’s (RBI’s) monetary policy stance and compel the central bank to go for a prolonged pause on interest rates. The LPA is the average rainfall that India ...Rediff.com, 3 weeks ago
India is a "bright spot" in the world economy, Finance Minister Arun Jaitley said as he unveiled his annual budget on Wednesday, adding the impact on growth from the government's cash crackdown would wear off soon. Delivering his fourth budget address to ...DNA, 2 months ago UPDATE 2-India budgets for recovery, and for the poor, after cash crunch Sify, 2 months ago Indian budget to try and ease pain from cash crunch Sify, 2 months ago India readies budget to soothe voters after PM Modi's shock cash crunch Sify, 2 months ago
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'India is already a great success story and will continue to grow rapidly for the next decade and beyond.''I hope this interview will help your readers appreciate how much India has already accomplished as well as the opportunities that lie ahead.' IMAGE: 'India will have to be much more successful in employment creation in order to exploit its demographic dividend. The most important issue in the short run is employment creation,' says Harvard economist Dale Jorgenson. Photograph: Jitendra ...Rediff.com, 1 month ago
S&P in November ruled out an upgrade in the country's rating for some considerable period, citing India's low per capita GDP and relatively high fiscal deficit. Chief Economic Advisor Arvind Subramanian on Wednesday slammed global rating agencies for following "inconsistent" standards while rating India vis-a-vis China, saying they have not taken into account reforms measures like Goods and Services Tax, which is a "poor" reflection on their credibility. He said India has taken reform ...Rediff.com, 2 months ago Economic Survey: CEA slams global rating agencies for 'inconsistent standards' DNA, 2 months ago
The Reserve Bank of India (RBI) is slated to announce its last bi-monthly policy for the current fiscal on Wednesday. After its last outing where the central bank - advised by the Monetary Policy Commitee on key interest rates - left the repo rates unchanged ...DNA, 2 months ago
By Rajesh Kumar Singh and Manoj Kumar NEW DELHI (Reuters) - India's growth rate will slow by up to half a percentage point due to the government's decision to scrap high-value banknotes, the top finance ministry economist said on Tuesday, challenging ...Sify, 2 months ago UPDATE 2-India plays down hit to growth from PM Modi's cash crunch Sify, 2 months ago
Posted by Equitymaster Share markets in India finished on a strong footing tracking positive trend in global markets after the market's favored candidate, Emmanuel Macron, won the first round of the French presidential election. At the closing bell, the BSE ...Equitymaster.com, 12 hours ago Global Stock Markets Remain Range Bound Equitymaster.com, 1 month ago Global Markets Close the Week on a Positive Note Equitymaster.com, 2 months ago
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