Economy and Finance

News and views related to the Indian Economy and Financial sector

Piyush Goyal and Wang Shouwen

Commerce and Industry minister Piyush Goyal urges China to clamp down on unfair trade practices by Chinese exporters

Piyush Goyal asked China to stop unfair trade practices, and increase import of Indian services to correct trade balance

GDP calculation system revised in line with international standards: govt clarifies Arvind Subramanian’s allegations of overstating growth numbers

Govt says GDP numbers calculated as System of National Accounts 2008 (2008 SNA) adopted by United Nations Statistical Commission
RBI cuts repo rates by 25 bps; third in a row

RBI cuts repo rates for third time in a year; alters policy stand to ‘accommodative’

The RBI has delivered a rate cut of 25 bps, making it three consecutive rate cuts in a year
World Bank projects Indian economy to grow at 7.5 per cent for next 3 years

World Bank retains forecast of 7.5% growth in FY19-20 for the Indian economy

The World Bank has projected that the Indian economy will grow at a rate of 7.5 per cent for the next 3 fiscal years.

The debate around PLFS is back and here are the issues that the politicised controversy fails to consider

The Periodic Labour Force Survey (PLFS) is officially out, and with it, the controversy on job growth over the last 5 years has resurfaced.

India’s GDP grew by 6.8% in the last financial year, quarterly rate fell below 6% in the last quarter

The GDP growth rate for the financial year 2018-19 was 6.8% at constant price, and 11.2% at the current price.

Modi 2.0 effect: SENSEX crosses 40,000 for the first time, NIFTY touches 12,000

For the first time in India's history, the S&P BSE SENSEX has crossed the 40,000 mark.
SENSEX soars to 40,000

Sensex surges over 900 points as exit polls predict a second term for Modi

In 2004, after the BJP had conceded defeat, the markets had crashed by almost 850 points

The discussion around GDP data is driven by political and ideological belief, not data and facts

The recent debate regarding the GDP has come with the backdrop of a report that suggests that the MCA-21 database has 36% of its companies unsuitable for collection of data
GST collection register a record high in the month of April 2019

GST collection registers a record high of Rs 1.13 lakh crores in April 2019

GST collection for the month of April 2019 is highest since its rollout.

Eight Core Industries grew by 4.3% in 2018-19, the growth rate for March 2019 was 4.7%

In the eight sectors, only crude oil production declined, all other seven sectors saw positive growth in March 2019.

India is poised to uplift 2.5 crore households out of poverty by 2030, reports the World Economic Forum

According to a World Economic Forum report, share of households below poverty line will reduce from 15% today to 5% by 2030

Rahul Gandhi talks while PM Modi delivers the Make In India promise: Apple to shift mass production of iPhones from China to India

While Bengaluru unit of Apple was already manufacturing older models, the new facility will manufacture newer phones

Modi government’s surgical strike(s) on Black Money: A multi-pronged, systematic approach that has been cleansing corruption effectively

Demonetization was not a whim of one person, it was perfectly planned move. When on November 8, 2016, at 20:00 hrs, PM Modi announced demonetisation, people with black money knew they were in trouble.

Kumaraswamy questions Balakot airstrikes, says bombs had hurt only trees

Kumaraswamy said that the Prime Minister was publicising the air strikes as if he himself had carried out the strikes.

Filmmaker turned journalist insinuates the fall of Jet Airways being PM Modi’s fault, uses it to deride BJP’s ‘Vikas’ agenda

Kapri, whose 'journalism' often sounds like Congress' election campaign, insinuated that the entire Jet Airways crisis is somehow the fault of the Modi government.
software jobs growth india modi

The IT-industry shows a 38% rise in job creation since last year: Report

Despite much brouhaha created by the Congress over job creation, multiple sources have reiterated that around 15 million jobs were created in India by the Modi government per year.

Do not be selfish, prepare for more taxes to fund NYAY scheme: Rahul Gandhi’s aide Sam Pitroda’s advise to Indian middle class

Putting the onus of guilt on the middle class for worrying about taxes, Pitroda said, "How can you see poor people around you and worry that somebody might take a 10 paisa from you. That is not India."

Former Niti Ayog Vice Chairman slams Rahul Gandhi’s ‘NYAY’: Fiscally imprudent and may cost more than India’s defence budget

The Congress has promised to provide cash support to the poorest 20 percent households of the country if it is voted to power in the upcoming Lok Sabha elections. The party promised to target five crore families or 25 crore individuals as beneficiaries of the scheme.

Economy doomed? Sensex touches all time high and govt collects highest ever GST in March

GST collection in March was highest, and BSE Sensex crossed the 39000 for the first time on April 1st

Jet Airways crisis: over 1000 pilots decide to go ahead with the ‘no flying’ call from April 1

Despite all these crises, Jet has continued to offer discounts and accept advance bookings from passengers which have forced the ministry to intervene.

Rahul’s NYAY scheme adviser wants price rise and high taxes

MIT economist Abhijit Banerjee who is advising Rahul Gandhi on his Minimum Income Scheme explained how middle class is the biggest loser

Rahul Gandhi’s economist advisor says high inflation is good for economy, NYAY scheme will be funded by high taxes and inflation

Rahul Gandhi's advisor and economist Abhijit Banerjee said that NYAY scheme will be funded by high taxes, and it will replace other schemes

Rahul Gandhi’s Minimum Income Guarantee could kill all other subsidies and be the mother of all scams

Remember, India’s worst-case scenario is also the Dynasty’s best case scenario.

Where is the money? Rahul Gandhi’s promise is going to cost a whopping Rs 3.60 lakh crore a year, 13% of union budget

Minimum Income Guarantee Scheme of Congress party ensures monthly income of Rs 12,000 for 20% of India's population

76.48 lakh jobs created in last 17 months, 8.96 lakh jobs in January alone: EFPO payroll data

As per EFPO data, net employment generation in the formal sector touched a 17-month high in January

Laying a perfect economic foundation for Modi Sarkar 2

India remains the fastest growing major economy in the world with an annual average GDP growth during the last five years higher than the growth achieved by any Government since economic reforms began in 1991.

Rupee continues to strengthen on expectations that Modi is going to form the government again

The month of March has witnessed the most robust Rupee performance since 2nd January 2019.

Latest articles

Connect with us

170,180FansLike
149,066FollowersFollow
69,680SubscribersSubscribe