While food, housing and petroleum inflation all played a role, a SBI research report also notes that the inflationary impact of GST may have been than what was expected.
It is puzzling that India’s political parties, which swear by the motto of poverty alleviation, have yet to properly implement any system of progressive personal income taxation. Thomas Piketty and Lucas Chancel, in their new paper ‘From British Raj to Billionaire Raj?’ have pointed out that the share of […]
The Goods and Services Tax (GST) is awfully complex and has confused not only businesses and the public, but also the government.
Several farmers and union leaders were arrested or detained ahead of a planned farmers’ protest in Chhattisgarh and Section 144 was imposed in three districts.
To restore confidence, better governance, rather than any additional fiscal push, is the need of the hour.
State governments are building land banks, using both private and common lands, to attract investment in manufacturing and infrastructure, but at the cost of people’s rights.
You are the mask you wear. Your fake profile is your real profile.
The big worry is that economic growth, which slipped to a three-year low in the last quarter, could take a further hit if public spending is slashed.
India’s crowded digital payments market is expected to grow ten-fold to $500 billion by 2020.
From ruling out competitive bidding to fighting against low-cost airlines, there are many economic factors that will determine the success of the project.
India aims to double the value of exports to $900 billion by 2019. Given sluggish global demand and our own export slump, there is no way that this objective can be achieved.
Karthik Shashidhar’s ‘Between the Buyer and the Seller’ lacks depth and force-fits simplistic versions of theories to complex real-life situations.
The regulatory spat between the DGCA and MHA is good for the future of drones in India, leading, as it hopefully will, to a holistic framework and not a blinkered approach.
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The first phase of the UP government’s much-hyped crop loan waiver has turned into another farce for farmers.
The 2007-08 financial crisis affected the world’s advanced economies in profound ways and the ripple effects continue to today.
The widening of the year-on-year deficit was primarily due to a larger increase in merchandise imports relative to exports, the RBI said in its release.
The only question that remains with regard to the bullet train project is whether the new team lead by Piyush Goyal and Ashwani Lohani can deliver.
Over 50 years, the loan repayment value will be much higher based on the inflation differential, which is bound to persist between Japan and India.
An internal NCPI-commissioned study shows that BHIM and BHIM-Aadhaar are being weighed down by implementation and design issues in semi-urban and rural areas.
While international prices have fallen sharply from an annual average of $105 per barrel in 2013-14 to $46 per barrel in 2015-16 and 2016-17, the Centre has hiked excise duties on petrol and diesel over nine times.
If the union’s gambit is successful, economists counting on strong wage rises will be watching to see if there are deflationary effects as domestic consumption overtakes exports.
India’s wholesale price inflation rose to 3.24 % from a year ago, driven by higher prices of food and fuel products.
The trade deficit and market access question could potentially become a problem between the two countries and start seeping into other better-managed bilateral issues.
Coming together under the banner of NREGA Sangharsh Morcha, the workers have been protesting at Jantar Mantar since September 11.
Financial inclusion, when executed on a massive and essentially rushed scale, comes with two major issues.
Private moneylenders are a major source of loans across the region, and with the collapse of banking in rural areas, their role has only grown.
Only 13% of women in the country own the land they work on. The farms are never in their names as current inheritance laws are depriving them of their right.
Recyclable plastic, an item commonly sold by ragpickers, was taxed 5.5% before but is now in the 18% bracket.
More than a fifth of large companies did not earn enough to pay interest on their loans and the pace of new loans fell to the lowest in more than six decades.
The consumer price index rose 3.36% in August from a year earlier, compared with 2.36% in July.
A recent IMF paper finds that while tax cuts for the very wealthy may stimulate growth, they also have the polarising effect of increasing inequality.
While an e-procurement process was already in place, ministry officials feel that it hasn’t brought down expenses enough.
Congress vice president Rahul Gandhi accused Prime Minister Narendra Modi of causing “tremendous damage” to India’s economy.
A National Security Council Secretariat-appointed committee will pick up where the UN GGE left off and study how cyber norms for India’s digital development platforms can be formulated.
By restraining a foreign investor from pursuing a claim under a bilateral investment treaty (BIT), the Delhi high court is coming in way of India’s accountability being tested under international law.
Low budget, poor pay, delays in payment are being used as tools to lower the interest of people in the scheme, say activists.
Any flippant talk of rupee devaluation would only damage India’s reputation as a credible, mature emerging economy and make crucial imports more expensive.
From the ban on cattle trade for slaughter to the Pradhan Mantri Fasal Bima Yojana, the Centre’s changes to the agricultural sector aren’t going down well with Rajasthan farmers.
In the last year, the Centre has moved to swiftly clamp down on Chinese steel imports to help NPA-laden Indian firms. However, China’s own capacity cutbacks have rendered this move meaningless.