News for 'Monthly Economic Review'

Who will succeed Urjit Patel?

Who will succeed Urjit Patel?

Rediff.com11 Dec 2018

'It is likely the government may opt for an IAS officer.' 'For the government, an IAS officer will be more easy to deal with,' notes A K Bhattacharya.

Car sales zoom 25% in June

Car sales zoom 25% in June

Rediff.com13 Jul 2004

Driven by the top three carmakers -- Maruti, Hyundai and Tata Motors -- the car sales surged by 25 per cent in June 2004 over the same month last year.

Indian economy not out of danger zone as inflation up, IIP down

Indian economy not out of danger zone as inflation up, IIP down

Rediff.com12 Nov 2015

India's annual industrial output grew at a slower-than-expected pace of 3.6 percent in September.

India, Japan agree to initiate 2+2 dialogue

India, Japan agree to initiate 2+2 dialogue

Rediff.com29 Oct 2018

During the 13th annual summit, the two prime ministers reviewed developments in bilateral relations and explored new areas of cooperation, focusing on shared vision for peace and prosperity in the Indo-Pacific, where China is flexing its muscles.

Kashmir was in a mess before Aug 5: Jaishankar on Art 370 move

Kashmir was in a mess before Aug 5: Jaishankar on Art 370 move

Rediff.com26 Sep 2019

Jaishankar said that the situation in the region has now stabilised and lots of restrictions have been rolled back including the operationalising of landlines and mobile towers and resumption of economic activity.

India's manufacturing growth slows on weaker demand in April

India's manufacturing growth slows on weaker demand in April

Rediff.com4 May 2015

The HSBC Manufacturing Purchasing Managers' Index fell to 51.3 in April from March's 52.1

Why Jaitley demands a hasty change in corruption law

Why Jaitley demands a hasty change in corruption law

Rediff.com24 Dec 2015

A Bill to change the PCA (1988) was introduced in the Rajya Sabha earlier this month.

Is the Indian economy finally turning around? Yes!

Is the Indian economy finally turning around? Yes!

Rediff.com8 Apr 2016

If the economy gains momentum, that is a big positive for markets, given the strong macro of low inflation, falling rates, and a stable rupee, says Akash Prakash.

Common sense says interest rates should come down: Jaitley

Common sense says interest rates should come down: Jaitley

Rediff.com21 Sep 2015

Jaitley said if interest rates were lowered, the economy could grow faster than 7-7.5 per cent.

Should interest rates be cut? A tough decision for MPC

Should interest rates be cut? A tough decision for MPC

Rediff.com26 Jul 2018

Some say the MPC will raise the rate, while others are of the view that there is already de facto interest rate tightening through rising bond yields, which might prompt the central bank to go for a pause.

Swaraj in Nepal for SAARC meet; likely to meet Pak counterpart on Thursday

Swaraj in Nepal for SAARC meet; likely to meet Pak counterpart on Thursday

Rediff.com16 Mar 2016

It is expected that this meeting could possibly pave the way for a meeting between Prime Minister Narendra Modi and his Pakistani counterpart Nawaz Sharif in the US later this month.

Arvind Subramanian on why India doesn't need further stimulus

Arvind Subramanian on why India doesn't need further stimulus

Rediff.com23 Sep 2015

No need for extra stimulus, India to hit around 8 pct growth: adviser

Rupee falls to two-week low on weak shares

Rupee falls to two-week low on weak shares

Rediff.com2 Jan 2014

New York's main contract, West Texas Intermediate for February delivery, was up 22 cents at USD 98.64 in mid-morning trade while Brent North Sea crude for February rose 17 cents to $ 110.97.

Jalan panel moots RBI transfer surplus reserves to govt in 3-5 years

Jalan panel moots RBI transfer surplus reserves to govt in 3-5 years

Rediff.com17 Jul 2019

A high-level panel led by former RBI governor Bimal Jalan, set up to decide the appropriate capital reserves that the central bank should maintain, on Wednesday finalised its report.

India holds out at final RCEP talks, all eyes on Modi

India holds out at final RCEP talks, all eyes on Modi

Rediff.com3 Nov 2019

The agenda prepared by ministers will be discussed by Prime Minister Narendra Modi and other RCEP leaders in Nonthaburi, a city north of Bangkok, on November 4, the official deadline to close talks.

RBI holds lending rate at 6.25%, reverse repo up by 25 bps

RBI holds lending rate at 6.25%, reverse repo up by 25 bps

Rediff.com6 Apr 2017

The monetary authority said it was worried on three fronts with regard to inflation as well as the economy.

Indo-Bangla talks to strengthen ties

Indo-Bangla talks to strengthen ties

Rediff.com21 Jun 2005

Foreign Secretary Shyam Saran is heading the Indian delegation while Bangladeshi side is led by his counterpart Mohammad Hemayatudin.

Govt removes enhanced surcharge on FPIs

Govt removes enhanced surcharge on FPIs

Rediff.com23 Aug 2019

Sitharaman further said that to mitigate genuine difficulties of start-ups and their investors, government has decided to withdraw angel tax provisions for them.

They will help Urjit Patel to take a call on interest rates

They will help Urjit Patel to take a call on interest rates

Rediff.com23 Sep 2016

Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years

Pvt sector output contracts for first time since 2009: HSBC

Pvt sector output contracts for first time since 2009: HSBC

Rediff.com5 Aug 2013

The HSBC India Composite Output Index, which maps both services and manufacturing activity, fell to 48.4 in July, down from 50.9 in June, indicating an overall contraction.

What CMs told PM Modi during video meet on COVID-19

What CMs told PM Modi during video meet on COVID-19

Rediff.com12 May 2020

While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy

Trump terminates relationship with WHO

Trump terminates relationship with WHO

Rediff.com31 May 2020

Trump also announced that the US will end special treatment of Hong Kong in response to Chinese imposition of new controls.

ED arrests Jignesh Shah in NSEL money laundering scam

ED arrests Jignesh Shah in NSEL money laundering scam

Rediff.com13 Jul 2016

The Enforcement Directorate on Tuesday arrested Financial Technologies India Limited founder Jignesh Shah in connection with its probe into the Rs 5,600-crore National Spot Exchange Limited money laundering scam.

RBI rate cut to boost economy; EMIs will come down: Sinha

RBI rate cut to boost economy; EMIs will come down: Sinha

Rediff.com4 Mar 2015

RBI rate cut is a welcome step for all citizens of India as everyone is looking for near-term boost in economy.

RBI unlikely to grant India Inc's wish for lower rates

RBI unlikely to grant India Inc's wish for lower rates

Rediff.com3 Apr 2018

Pressure has been mounting on the Reserve Bank of India to cut interest rates in the wake of declining retail inflation and the need to fuel growth momentum. However, the RBI will have to do a tightrope walk as globally interest rates are inching upwards.

Manufacturing PMI falls in Dec on slowdown in new orders

Manufacturing PMI falls in Dec on slowdown in new orders

Rediff.com2 Jan 2014

HSBC PMI falls to 50.7, slow domestic demand offsets pick up from abroad.

Why lack of testing must worry all of us

Why lack of testing must worry all of us

Rediff.com31 Mar 2020

'Our government's claim that there are no undetected cases of infection that happened within our bustling cities because of exposure to infected international travellers are not credible,' notes Rahul Jacob.

Bodo issue: Govt signs accord with NDFB, ABSU

Bodo issue: Govt signs accord with NDFB, ABSU

Rediff.com28 Jan 2020

The tripartite agreement was signed by Assam Chief Minister Sarbananda Sonowal, top leadership of the four factions of the NDFB, ABSU, Joint Secretary in the Home Ministry Satyendra Garg and Assam Chief Secretary Kumar Sanjay Krishna in presence of Union Home Minister Amit Shah.

We will have to reassess our growth estimate: C Rangarajan

We will have to reassess our growth estimate: C Rangarajan

Rediff.com14 Jul 2013

'It appears the growth rate could be around six per cent'.

Why more policy rate cuts by RBI are necessary

Why more policy rate cuts by RBI are necessary

Rediff.com1 Dec 2015

More steps are necessary to accelerate speed.

Growth prospects weak, little chance of improvement in 2014

Growth prospects weak, little chance of improvement in 2014

Rediff.com18 Dec 2013

Global rating agency Moody's said India's economic growth remains weak and there is little chance of recovery next year.

Could've been worse, says Saudi minister as PM cites high oil price

Could've been worse, says Saudi minister as PM cites high oil price

Rediff.com16 Oct 2018

Modi made a strong case for a partnership between the producers and consumers in the oil market as it exists in other markets.

Oil levy system may change

Oil levy system may change

Rediff.com5 Nov 2004

Rupee snaps two-day fall as exporters, corporates sell dollars

Rupee snaps two-day fall as exporters, corporates sell dollars

Rediff.com4 Aug 2014

The domestic currency had lost 63 paise to close at over four-month low of 61.18 against the dollar in Friday's trade on weakness in global stock markets and a strong US currency overseas.

India Inc cheers RBI's surprise rate cut

India Inc cheers RBI's surprise rate cut

Rediff.com4 Mar 2015

India Inc cheers RBI's rate cut

IMF chief economist lauds India, but flags NPAs as a challenge

IMF chief economist lauds India, but flags NPAs as a challenge

Rediff.com14 Oct 2016

Gross non-performing assets of public sector banks surged to 9.32 per cent (Rs 4.76 lakh crore) of advances in 2015-16, from 5.43 per cent (Rs 2.67 lakh crore) in 2014-15.

How the 'mother of all tax reforms' actually evolved

How the 'mother of all tax reforms' actually evolved

Rediff.com20 Jul 2017

In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.

Rupee falls for second day; CPI data awaited

Rupee falls for second day; CPI data awaited

Rediff.com12 Mar 2014

Caution ahead of key consumer inflation data in the day also weighed.

Article 370 is Jammu-Kashmir's strength, says Mehbooba

Article 370 is Jammu-Kashmir's strength, says Mehbooba

Rediff.com9 Jun 2016

At the same time, the chief minister added, "We have decided to review the policy to remove any misconceptions in this regard."