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Why some economists think GST is over-hyped: It won't help you or me

Jul 28, 2016

Why some economists think GST is over-hyped: It won't help you or me

A common tax rate will imply that all basic and essential goods prices will rise, and even if some final goods prices fall, the rate of inflation will go up, they say #Inflation #Economic growth #Economic Reform #Parliament session #Tax reform #GST Bill #Constitutional amendment bill
GST Bill: Support it Rahul Gandhi, and show who is the boss in the Congress

Jul 27, 2016

GST Bill: Support it Rahul Gandhi, and show who is the boss in the Congress

There is no better time to bring in this landmark tax reform when the country is marking the 25th year of 1991 economic reforms #Congress #BJP #Rahul Gandhi #Economic growth #Amit Mitra #Parliament session #Monsoon session #Tax reform #GST Bill #Thomas Isaac
India's economic growth to remain upbeat, only one rate cut likely, says poll

Jul 21, 2016

India's economic growth to remain upbeat, only one rate cut likely, says poll

The poll of over 30 economists, taken in the past week, showed Asia's third largest economy will expand 7.8 percent in the fiscal year ending March 2017, the fastest among big economies #Inflation #Economy #RBI #IMF #Economic growth #Raghuram Rajan #Goods and Services Tax #Reforms #Rate cut
India an underperformer despite level of political institutions: Arvind Subramanian

Jul 19, 2016

India an underperformer despite level of political institutions: Arvind Subramanian

Arvind Subramanian said to bring about radical reforms in a "medium large country like India, which is not facing a crisis" is difficult #Economic growth #Arvind Subramanian #Vijay Joshi #India's Long Roads - The Search For Prosperity
D Subbarao's memoirs: Why PM Modi must read the book closely

Jul 15, 2016

D Subbarao's memoirs: Why PM Modi must read the book closely

May be Modi should read the book closely and take a lesson or two from the former prime minister on how to deal with the central bank #Inflation #UPA #P. Chidambaram #Interest rate #Economic growth #Raghuram Rajan #Subbarao #NDA #European debt crisis #Global Financial Crisis #who moved my interest rate
Signs of revival: First-quarter oil demand grows fastest in 10 years

Jul 13, 2016

Signs of revival: First-quarter oil demand grows fastest in 10 years

The growth assumes significance as April-June is usually a poor quarter for oil demand in India due to monsoon #Economic growth #oil demand #consumption revival
Cabinet clears 7th Pay Commission, higher salaries seen boosting urban demand

Jun 29, 2016

Cabinet clears 7th Pay Commission, higher salaries seen boosting urban demand

It has to be kept in mind that the crude oil prices that were benign a while back are not so now #Inflation #Economic growth #Seventh Pay Commission #consumption demand
'Raghuram Rajan dream of new India, being attacked for taking on cronyism'

Jun 13, 2016

'Raghuram Rajan dream of new India, being attacked for taking on cronyism'

Zingales said the RBI Governor "is fighting not only inflation, but also the inefficiency of the banking system, burdened by bad loans" #Inflation #RBI #Economic growth #Raghuram Rajan extension #Luigi Zingales defence of Rajan