News for 'fiscal-policy'

Achhe din is here! India 39th most competitive economy in the world

Achhe din is here! India 39th most competitive economy in the world

Rediff.com28 Sep 2016

On the index, India has a score of 4.52 while that of Switzerland is 5.81

Jaitley and his team deserve compliments

Jaitley and his team deserve compliments

Rediff.com2 Mar 2016

The Budget chose to stick to an ambitious disinvestment programme for 2016-17.

Biz climate improves in May; growth likely to be at 5.3%

Biz climate improves in May; growth likely to be at 5.3%

Rediff.com4 Jun 2013

The 'BluFin Business Cycle Indicator', which reflects various macroeconomic trends on a monthly basis, stood at 166.3 points in May, 5.8 per cent higher compared to the same month last year, suggesting that the Indian economy is growing at a faster rate than the previous year.

India needs to create additional fiscal space: Economic Survey

India needs to create additional fiscal space: Economic Survey

Rediff.com27 Feb 2015

India needs to create buffers for future economic downturns.

Capt Gopinath flays AAP decision on FDI in retail

Capt Gopinath flays AAP decision on FDI in retail

Rediff.com16 Jan 2014

In ideologically discordant notes within Aam Aadmi Party, Captain Gopinath, pioneer of low-cost airline business, slammed the decision of AAP government in Delhi to reject FDI in retail, saying the party is "running in danger" of being branded like other parties of resorting to cheap and populist measures.

To keep India's growth story alive, Modi must prevent a 'zombie economy'

To keep India's growth story alive, Modi must prevent a 'zombie economy'

Rediff.com28 Dec 2015

We are in this mess as the machinery of the government in a market economy is broken. We need technically sound banking regulation, so that capital is not misallocated, and the landscape does not get littered with zombie firms kept alive through evergreening, says Ajay Shah.

Two years of Modi: How the govt has fared in 7 key areas

Two years of Modi: How the govt has fared in 7 key areas

Rediff.com22 Jul 2016

'Success will require political skill, not just economic expertise'

Big-bang reforms needed to improve fiscal situation: Survey

Big-bang reforms needed to improve fiscal situation: Survey

Rediff.com10 Jul 2014

The government should frame new policies to assure growth.

Budget 2019: 'It was a fine balancing act'

Budget 2019: 'It was a fine balancing act'

Rediff.com8 Jul 2019

'If some measures are implemented quickly, they can help revive growth.'

It's time Modi abandons the Gujarat model

It's time Modi abandons the Gujarat model

Rediff.com18 Dec 2017

'The Gujarat model was never an economic model; it was essentially a governance model.'
'Mr Modi identified what would help him win votes and got it done, like 24x7 power in three phases, better roads, more water, etc.'
'Good economic governance at state level is quite different from good governance at national level,' points out T C A Srinivasa-Raghavan.

High fiscal deficit exposing India to shocks: Moody's

High fiscal deficit exposing India to shocks: Moody's

Rediff.com19 Jun 2014

Moody's assigns a 'Baa3' rating on India, with a stable outlook.

Markets: All trends seem bullish

Markets: All trends seem bullish

Rediff.com21 Mar 2017

Nifty continued to register successive new highs as it crossed the 9,200 mark on Friday

El Nino may have a bearing on inflation: RBI

El Nino may have a bearing on inflation: RBI

Rediff.com1 Apr 2014

Wholesale price-based inflation eased to a nine-month low of 4.68 per cent in February, while retail inflation slowed to a 25-month low of 8.1 per cent.

The legacy of Arvind Subramanian

The legacy of Arvind Subramanian

Rediff.com2 Aug 2018

The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered

Experts question credibility of GDP numbers

Experts question credibility of GDP numbers

Rediff.com9 Feb 2015

Government has forecast annual economic growth to rise to 7.4%.

FIIs, sovereign funds to keep Indian market full of liquidity: RBS

FIIs, sovereign funds to keep Indian market full of liquidity: RBS

Rediff.com19 Jan 2014

The brokerage said it has high hopes for recovery and reforms following the general elections.

World's 10 freest economies, India lags behind

World's 10 freest economies, India lags behind

Rediff.com29 Jan 2015

Hong Kong is the world's freest economy according to the Index of Economic Freedom 2015.

IMF trims India's GDP to 7.4% for 2016-17

IMF trims India's GDP to 7.4% for 2016-17

Rediff.com19 Jul 2016

The global lending agency also said that Brexit has resulted in global economic uncertainty.

'Government is in denial mode on the economy'

'Government is in denial mode on the economy'

Rediff.com2 Jul 2019

'The economy may not improve unless you admit there are some problems.'

To boost economy, an investor-friendly approach is must: Jaitley

To boost economy, an investor-friendly approach is must: Jaitley

Rediff.com7 May 2014

The fiscal policy, he said, needs to be better and the first priority should be to address areas that are like low-hanging fruits

Goodbye over, govt looks at future plans

Goodbye over, govt looks at future plans

Rediff.com20 Jun 2016

With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.

'India to surpass China with 7.8% growth'

'India to surpass China with 7.8% growth'

Rediff.com24 Mar 2015

ADB projected China's growth to decelerate from 7.4 per cent

Plan Panel is scrapped, govt must now have a roadmap to reforms

Plan Panel is scrapped, govt must now have a roadmap to reforms

Rediff.com11 Nov 2014

The implementation of their recommendations means that an adequate apparatus to change this is at the disposal of the government.

RBI to hold rates steady, growth seen rising to 7.3% in Sept quarter

RBI to hold rates steady, growth seen rising to 7.3% in Sept quarter

Rediff.com27 Nov 2015

The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 per cent next week to stifle inflation.

Slowdown in emerging markets to hit global growth: OECD

Slowdown in emerging markets to hit global growth: OECD

Rediff.com3 Sep 2013

Growth has slowed in some of the large emerging economies, its interim economic assessment report added. "One factor has been a rise in global bond yields -- triggered in part by an expected scaling back of the US Federal Reserve's quantitative easing -- which has fuelled market instability and capital outflows in a number of major emerging economies, such as India and Indonesia.

Who will regulate the regulators?

Who will regulate the regulators?

Rediff.com16 Mar 2018

It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.

Budget reflects a strong sense of political will for reforms

Budget reflects a strong sense of political will for reforms

Rediff.com1 Mar 2015

The Budget is remarkably coherent.

Did the world dodge a bullet in the crash of 2008?

Did the world dodge a bullet in the crash of 2008?

Rediff.com25 Jul 2018

The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.

India won't withdraw from G20 currency pool

India won't withdraw from G20 currency pool

Rediff.com7 Sep 2013

A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.

BJP yet to crack the gender equality equation

BJP yet to crack the gender equality equation

Rediff.com18 Sep 2017

Even with the elevation of Nirmala Sitharaman to the post of defence minister, the party still needs to redress the gender imbalance and fill the 33 per cent quota in posts.

Jaya's Lok Sabha poll promise: Freebies for entire India!

Jaya's Lok Sabha poll promise: Freebies for entire India!

Rediff.com25 Feb 2014

Eying a prominent role in the next government at the Centre, the All India Anna Dravida Munnetra Kazhagam on Tuesday promised to extend populist schemes like distribution of free mixies, grinders, fans, milch cows and goats across the country in its Lok Sabha manifesto.

Why the government is seeing red over S&P's rating

Why the government is seeing red over S&P's rating

Rediff.com3 Nov 2016

Government hits back, tells rating agency to introspect on processes.

States must get fiscal for the Centre to succeed

States must get fiscal for the Centre to succeed

Rediff.com16 Jan 2018

India's rank in the World Bank's ease of doing business index cannot get better unless more attention is paid to bringing about procedural reforms in the way states run their governments and provide various approvals for trade and industry, says A K Bhattacharya.

'No party can rule without co-habiting with the army in Pakistan'

'No party can rule without co-habiting with the army in Pakistan'

Rediff.com7 Jul 2018

'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'

Meet the new team of the 14th Finance Commission

Meet the new team of the 14th Finance Commission

Rediff.com25 Feb 2015

Finance Commission has got new team who are committed to growth initiatives.

Indian tax regime is set for total makeover

Indian tax regime is set for total makeover

Rediff.com2 Jan 2017

The Narendra Modi government's alacrity in promoting ease of tax administration, a critical component in the ease of doing business index, has set in motion several incremental policy and administrative reforms, says Mukesh Butani.

IMF flags decelerating pace of reforms in India

IMF flags decelerating pace of reforms in India

Rediff.com24 Jul 2016

IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India

Key pointers to make a balanced Budget

Key pointers to make a balanced Budget

Rediff.com21 Jan 2015

An asset swap can simultaneously boost public investment, reduce the fiscal deficit and keep fiscal policy from being pro-cyclical.

China Q2 GDP growth seen cooling to 7-year low, more stimulus expected

China Q2 GDP growth seen cooling to 7-year low, more stimulus expected

Rediff.com15 Jul 2016

Shocks from Brexit could also hurt one of China's biggest export markets.

RBI is not oblivious to growth concerns: Subbarao

RBI is not oblivious to growth concerns: Subbarao

Rediff.com17 Aug 2013

Subbarao's remarks come against the backdrop of Finance Minister P Chidambaram's assertions in recent weeks that RBI should not focus solely on containing inflation but also look at the larger mandate of growth and job creation.