Weak rupee leads Indian trade body to lift cotton export estimate up 12%; could put pressure on global prices
• 5 years agoIndian cotton exports could also limit shipments from rivals such as the United States, Brazil and Australia to key Asian buyers such as China, Bangladesh and Vietnam.
Policy flip-flop on e-commerce: Preferential pricing to gain some market share has to be stopped in its tracks
Arvind Singhal • 5 years agoThe government's recent flip-flop on opening of e-commerce to the so-called “non-essential” goods is just one of the many such flip-flops that the Government of India has made in the last 15 years on policies relating to modernisation of India’s retail sector
Coronavirus fallout: Moody's cuts India growth forecast to 5.3% for 2020 on dampened domestic demand
• 5 years agoMoody's Investors Service on Monday cut its growth forecast for India to 5.3 percent for 2020 from 5.4 percent estimated earlier, as it expects the coronavirus outbreak to dampen domestic demand globally
Economy not in trouble; green shoots visible with country moving towards $5 trillion economy: Nirmala Sitharaman
• 5 years agoFinance Minister Nirmala Sitharaman on Tuesday said the economy is not in trouble and green shoot are visible with the country moving towards a $5 trillion economy
Economy close to collapse; rising unemployment, falling consumption making India poorer: P Chidambaram
• 5 years agoFormer finance minister P Chidambaram on Monday tore into the Modi government's handling of the economy, saying it was close to collapse and was been attended by "very incompetent doctors."
Nirmala Sitharaman tried to please everyone and ended up satisfying none; Budget 2020 is a lost opportunity
Sreemoy Talukdar • 5 years agoNirmala Sitharaman's careful grafting and granular approach gave the impression of a government still relying on cautious optimism and refusing to acknowledge the extent and nature of the slowdown that has pushed Indian economy to the brink of a stagflation
Indian economy experienced abrupt slowdown in 2019 on turbulence in NBFC sector, but yet to slip into a recession: IMF
• 5 years agoThe IMF managing Director noted that the consumption in India also slowed down and that contributed to the overall slowdown in the economy.
Budget 2020: Expect Nirmala Sitharaman to continue with govt's focus on infrastructure development; will boost job opportunities
Nimish Gupta • 5 years agoWhile commercial housing is on an upswing, rental housing is a very important aspect that should have renewed focus and policy measures to boost residential real estate in the Budget
Various tax exemptions for salaried class has outlived utility; time for Nirmala Sitharaman to enhance them
Parizad Sirwalla • 5 years agoCurrently, the maximum tax rate of 30 percent is triggered at an income exceeding Rs 10 lakh per annum
GDP to grow by 5.5% in FY21 on demand revival, strong policy push but downside risks persist: India Ratings
• 5 years agoIndia's growth rate is expected to be marginally higher at 5.5 percent in 2020-21 against the estimated 5 percent for the current fiscal on the back of strong policy push coupled with a revival in demand, a report said