Economy and Finance

News and views related to the Indian Economy and Financial sector

Narendra Modi

Choice for 2019: Between Modi’s agenda of reform vs mahagathbandhan’s incoherent economic policies

After the recent assembly elections, there has been a renewed discussion about the likelihood of a “mahagathbandhan” of regional political parties with the agenda of reducing the margin of victory for the PM Modi led NDA

Insolvency and Bankruptcy Code Impact : Another Industrialist finds the money to clear dues

Jaypee Infratech makes attempt to save its debt-ridden company from insolvency proceedings.

After withdrawal of MFN status, basic customs duty on goods exported to India from Pakistan raised to 200%

After the withdrawal of MFN from Pakistan, basic customs duty on all goods exported from Pakistan to India has been increased to 200% with immediate effect

How Nehru led to agrarian distress and what could be the way forward for inclusive growth

Nehruvian model of capital intensive growth had a similar effect on the rural populace of India as Mao’s Great_Leap_Forward had on China’s rural inhabitants
Reserve Bank of India

RBI Policy: Repo rate cut by 25 bps, GDP projected at 7.4%, EMIs may come down

The RBI has also brought down the Repo rate by 0.25 basis points bringing it from 6.5% to 6.25%

Small businesses with turnover up to ₹1.5 crore can become income tax free due to full rebate

The rebate in Income Tax under section 87A will benefit an estimated 3 crore middle-class taxpayers

Punjab National Bank recovers Rs 16,000 crores from bad loans, Q3 reports profit of ₹246.51 crore

Despite 100% provision made for the Rs 13,000 crore scam in which Nirav Modi is the prime accused, PNB posts a profit last quarter
GST header image

Common man saves 27% on taxes after implementation of GST under BJP government

GST has resulted in a reduction in tax of most household items, bringing down the monthly household expense

Modi government’s much needed focus on India’s farm sector

Agricultural sector regained its focus post-2014 when the Modi government came into power as it realized the need to revive India’s agricultural sector.

Budget 2019: Direct Tax collection exceeds expectations by Rs 50,000 crore

Fiscal year 2019 sees an increased Direct Tax collection, exceeding by Rs 50000 crores that was originally budgeted at Rs 11.50 lakh crores

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