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India's banking outlook stable over next 18 months on slower formation of bad loans: Moody's

Sep 19, 2016

India's banking outlook stable over next 18 months on slower formation of bad loans: Moody's

Moody's says India's banking system is moving past the worst of its asset quality down cycle, supporting its stable outlook for the sector over the next 12-18 months #Economy #GDP #Foreign direct investment #Moody's #Indian Banks #NPAs #bad loans #Banking sector
What IIP numbers reveal: Do not expect an early investment recovery, jobs may suffer too

Sep 13, 2016

What IIP numbers reveal: Do not expect an early investment recovery, jobs may suffer too

The bellwether capital goods sector, which has been in the negative zone since November 2015, saw its biggest-ever decline of 29.7 per cent in July. This sector’s performance is a bit lumpy, but a continuous decline for nine months should be a source of worry #Economy #InMyOpinion #Capital goods #jobs #investments #IIP growth #Nikkei India Manufacturing PMI
President Mukherjee hopes govt will set up GST Council soon

Sep 10, 2016

President Mukherjee hopes govt will set up GST Council soon

Mukherjee said India has firmly established itself as the fastest growing large economy with a GDP growth rate of 7.3 percent in calendar year 2015. #Economy #GDP #Goods and Services Tax #PolicyWatch #service tax #VAT #excise duty #indirect taxes #GST Council
Chidambaram responds to Modi: How can 6.6% growing economy during UPA be termed in shambles

Sep 10, 2016

Chidambaram responds to Modi: How can 6.6% growing economy during UPA be termed in shambles

Reacting to the PM’s comment that upon taking charge he had called a meeting of top bankers to assure non-interference, Chidambaram said if the banks were in a bad shape, it was not because of political interference. #Inflation #Economy #P. Chidambaram #Narendra Modi #Dalits #Bankers #white paper #NDA Government #job creation #PM Modi #Acche Din #UPA regime #political interference #CNN News18 #Modi's statement #nation's interest #political damage
Now, Subramanian Swamy terms IDFC's Rs 550 cr loan to GSTN as 'loot'

Sep 09, 2016

Now, Subramanian Swamy terms IDFC's Rs 550 cr loan to GSTN as 'loot'

The government of India holds 24.5 percent stake in GSTN while states together hold another 24.5 percent. #Economy #NewsTracker #Subramanian Swamy #IDFC #Goods and Services Tax Network
New RBI governor Urjit Patel's first day in office: Here are his key challenges

Sep 06, 2016

New RBI governor Urjit Patel's first day in office: Here are his key challenges

He has his task cut out, primarily to complete the ‘unfinished agenda’ of his predecessor, Raghuram Rajan on completing ‘deep surgery’ of banks and winning the war on inflation. #Economy #Reserve Bank of India #Monetary policy #Goldman Sachs #Raghuram Rajan #NPAs #Modi government #Banking sector #Urjit Patel #CPI Inflation #MPC
PM Narendra Modi exclusive interview: 'First priority was to remove atmosphere of despair'

Sep 02, 2016

PM Narendra Modi exclusive interview: 'First priority was to remove atmosphere of despair'

The world says that at seven percent growth India is the fastest growing economy, Prime Minister Narendra Modi told CNN-News18 in an exclusive interview. #Economy #India #IMF #World Bank #Narendra Modi #BRICs #Education #TheySaidIt #GST #MNREGA #University Grants Commission #ease of doing business
Steep hike: Petrol to get costlier by Rs 3.38 a litre, diesel up by Rs 2.67

Aug 31, 2016

Steep hike: Petrol to get costlier by Rs 3.38 a litre, diesel up by Rs 2.67

The hike in fuel price, necessitated by a 13 percent rise in international oil rates in the last fortnight, comes on the back of four reductions. #Economy #NewsTracker #Petrol #Indian Oil #Diesel #Hindustan Petroleum
RBI sees FY17 growth 7.6% on 7th Pay Commission and better rains, not investment

Aug 30, 2016

RBI sees FY17 growth 7.6% on 7th Pay Commission and better rains, not investment

The RBI, however, has warned that the increased house rent allowance in the Seventh Pay Commission may push up retail inflation #Economy #RBI #GST #annual report #Seventh Pay Commission #GVA growth #GDt growth