'While collections under the Income Disclosure Scheme explain it partly, indirect tax numbers not showing any effect of the withdrawal of high denomination currency notes was puzzling.'
RBI is expected to discuss about the impact of GST in its monetary policy.
Rural slowdown may delay growth in the economy.
A reversal of policy at this juncture could jeopardise the recent gains on inflation
Officials say a fall in global oil prices will reduce the government's subsidy burden, giving it a greater chance of hitting its ambitious fiscal deficit target of 4.1 percent of gross domestic product in the fiscal year to March.
Electricity generation has outperformed the industrial production index for five months in a row this financial year, even as the broader economy is struggling to grow.
The budgeted indirect tax collection target is Rs 9.26 trillion, and the Centre has collected around Rs 5 trillion in the first 8 months. So it needs another Rs 4.2 trn in the last four months
There are chances of taps running dry and prices of fruits and vegetables spiking.
RBI has, since January, cut its policy rate four times.
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
The greatest disconnect lies in the estimates of industrial growth.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
To check fiscal deficit, government needs to drastically cut Plan expenditure.
Young Indian entrepreneurs hope to share some of the limelight too at the Hyderabad event.
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
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