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In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years

Aug 01, 2015

In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years

While there will be relief at the moves to recapitalise India's banks, there would be some disappointment that the capital infusion was not bigger #SBI #fiscal deficit #Canara Bank #public sector banks #BoB #PNB #Jayant Sinha #Finance Minister Arun Jaitley #Bank Recapitalisation #crude oil price
Delhi sees nearly 14% rise in per capita income

Jun 24, 2015

Delhi sees nearly 14% rise in per capita income

According to Economic Survey of Delhi 2014-15 tabled in the Delhi Assembly today, the annual per capita income in the national capital increased from Rs 2.12 lakh in 2012-13. #Economy #NewsTracker #fiscal deficit #Gross State Domestic Product #Economic Survey of Delhi
Gold bond scheme should work; you can take a punt at taxpayer's cost

Jun 20, 2015

Gold bond scheme should work; you can take a punt at taxpayer's cost

Broadly speaking, the scheme will effectively skim a portion of the investment demand for gold with the taxpayer taking on some of your risks. #HowThisWorks #Inflation #fiscal deficit #Tax #Personal finance #Sovereign gold bond scheme
May exports drop 20.2% as global demand remains lukewarm

Jun 16, 2015

May exports drop 20.2% as global demand remains lukewarm

Trade deficit narrows to $10.41 billion last month from $10.99 in April. #NewsTracker #exports #imports #Trade Deficit #May
Breathing space for govt as  CAD shrinks to 0.2% of GDP in Q4 of FY15

Jun 10, 2015

Breathing space for govt as CAD shrinks to 0.2% of GDP in Q4 of FY15

For the full fiscal (financial year 2014-15), the current account deficit shrank to $27.5 billion, or 1.3 percent of GDP, from $32.4 billion, or 1.7 percent of GDP, a year ago, RBI said. #Economy #GDP #RBI #NewsTracker #Current Account Deficit #CAD #Care Ratings
Modi is fixing UPA's broken economy; the stagflation cycle to end soon

Jun 10, 2015

Modi is fixing UPA's broken economy; the stagflation cycle to end soon

The NDA's biggest macroeconomic triumph is winning the battle against inflation by intelligently managing food prices. This has laid the foundation for a revival in growth. #Economy #UPA #Narendra Modi #ConnectTheDots #Rahul Gandhi #fiscal deficit #GDP growth #NDA #Real Interest Rates
Drought threat: 4 challenges that deficient monsoon throws up for Modi

Jun 04, 2015

Drought threat: 4 challenges that deficient monsoon throws up for Modi

Though an analysis of earlier data sets suggests a drought or deficient rain scenario in itself does not necessarily result in a economic downturn, this time it is different. #Economy #Narendra Modi #ConnectTheDots #fiscal deficit #Arun Jaitley #IMD forecast #Tax #Reforms #NPAs #El Nino #deficient monsoon #rural distress