The NITI Aayog's vice-chairman's charge holds ground.
Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.
The gains will be gradual as the measure will be executed over 12 months or so.
The real benefits can be seen when prices stabilise, preferably at levels acceptable to both consumers and producers.
The government had breached its fiscal deficit target given in the Budget for 2017-18 in November itself, touching 112 per cent of the limit.
Gold import in the December quarter is estimated to come down.
The incoming government will have to encourage private investments, bring down cost of capital
Softening of global commodity prices might not help much
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Else, more capital outflow and pressure on rupee likely.
The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
India's balance of payments in negative territory.
Experts said the slowdown could be attributed to adjustments leading to destocking and the offering of discounts by companies as the government ushered in the new indirect taxation system on July 1.
Fresh investments are constrained by tepid demand.
Even if RBI partially replaces the stock of the high value notes, RBI will have to incur thousands of crores of rupees in cost, say economists.
Skymet said the monsoon this year could be 100 per cent of the long period average (LPA) with a model error of plus and minus 5 per cent.
Amid hints that the government might be exploring capping royalty payments by India-based subsidiaries to US companies, experts warn Subhayan Chakraborty why such a move will only hurt the Indian economy.
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming
Sensex to hit record high in 2015, but analysts cut forecast
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
From NITI Aayog to industry leaders to the Reserve Bank of India, all are apprehensive that any major increase in MSP, following the 2018-19 Budget announcements, would push up prices, if not immediately, in the next six to eight months after the decision is taken.
This time there has been a rather peculiar criticism of the latest GDP numbers.
Power generation and distribution is the most indebted sector
The overall rank has been propped by the third criteria of innovation and sophistication, which have ranks of 59 and 57 respectively.
With weekly additions slowing, it's likely that demand could be slackening
CRISIL chief economist D K Joshi is of the opinion that GDP is an indicator of the health of the economy.
The payroll estimates, released by the EPFO based on its enrolment, threw up some contrasting trend between September 2017 and February 2018.
It is pegged at 6.8-8% by various economists, as compared to 6.7%.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Much of the Q3 data will simply not be available for the CSO to factor in its calculation.
Piyush Pandey retiring? I'm not going anywhere, says O&M's South Asia executive chairman.
Cabinet note being readied, on basis of study, to ensure against foodgrain shortage; might require buffer of up to 50% more.
Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan may have found the Reserve Bank of India (RBI)'s inflation projections on the higher side, but independent experts agree with the central bank and expect both wholesale and retail prices to remain high.
Small and medium enterprises have been struggling to raise bank credit even as they have been powering India's manufacturing growth in recent years.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
The interest rate on FDs hasn't changed much over the years.
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
