Indian Economy
Business  /  Published 30.10.20

Finance panel ready with recipe

The 15th Finance Commission will submit its report for financial years 2021-22 to 2025-26 to President Ram Nath Kovind on November 9, an official statement has said. The commission und...
By Our Bureau in New Delhi

India  /  Published 27.10.20

Jobs: better but long way to go

By Basant Kumar Mohanty in New Delhi

Business  /  Published 27.10.20

Fiscal deficit alert to states

The Reserve Bank of India (RBI) on Tuesday warned the additional outgo of states to combat the impact of Covid-19 will significantly erode their hard won fiscal prudence achieved over the past three y...
By Our Special Correspondent in Mumbai

Business  /  Published 27.10.20

Sitharaman sees signs of revival

Finance minister Nirmala Sitharaman on Tuesday said there were visible signs of revival in the economy but growth may contract or be near zero in the current fiscal. She said the economy saw a contra...
By Our Bureau in New Delhi

Opinion  /  Published 26.10.20

That sinking feeling about the economy

There is no reprieve from that sinking feeling, with a further contraction of 13 per cent of the economy in the second quarter as per the Quarterly Review of the Economy by the National Coun...
By Satya Narayan Mohanty in

Books  /  Published 22.10.20

Myopic vision: India's central bank and ministry of finance

Historically, the RBI had been closely controlled by the government. Since the mid-1990s, there had been a global trend of making central banks independent. Until the Fiscal Responsibility and Budget ...
By Anup Sinha in

Business  /  Published 22.10.20

Deficit: Quibble over GST borrowing

The GST Council should meet and evolve a consensus on the borrowing by the Centre to compensate the states, Kerala finance minister Thomas Isaac said on Thursday. “Having reached a consensus on...
By Our Special Correspondent in New Delhi

Opinion  /  Published 16.10.20

Dodgy tactics: New 'stimulus' package

Indians have re-discovered the virtues of thrift in a Covid-battered economy. Household savings have started to rise as consumers have cut back on discretionary spending over the past six months. The ...
By The Editorial Board in

Business  /  Published 14.10.20

Relief may vary across borrowers

The Centre and the Reserve Bank will be hard at work over the festival period to come up with the details of the interest waiver scheme. The speculation is the relief will not be uniform across all c...
By Our Special Correspondent in Mumbai

Business  /  Published 14.10.20

Wholesale price inflation at 1.32%

A spike in the prices of food items pushed wholesale price inflation to a seven-month high of 1.32 per cent in September, after turning positive in August for the first time since March. The WPI-base...
By Our Special Correspondent in New Delhi


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