Posts Tagged: indian economy

Economy

Moody's India Rating 2019: Stable to Negative

Moody’s has changed India’s outlook from ‘Stable’ to ‘Negative’. What exactly does this mean? How do Rating Agencies decide upon their comments? We all know that weather forecasts are never 100% accurate. Are the forecasters at fault?

Economy

Why USFDA increases strict check on Indian Pharmaceutical Companies?

USFDA Whip Continues on Indian Pharma. It’s raining warning letters and inspection reports on Indian pharmaceuticals. Why is this a matter of concern?

Economy

Cutting Income tax Rate: Is Government in Dilemma?

In September 2019, when the government decided to slash corporate tax rate to 15% for new companies, it gave rise to speculation about a reduction in Personal Income Tax (PIT), which was raised to 42.7% for High Net Worth Individuals (HNIs) in the last budget. However, recently, the government has virtually ruled out any possibility of a tax cut.

Economy

Why is Privatization of Public Goods important?

There are a lot of goods and services that an individual needs for survival. As Maslow says, 'Physical needs, Safety, and Security, Belongingness, Self-esteem and Self-Actualization" in that order are needed for one's wellbeing and realizing his true potential.

Economy

What is the future of Steel Industry in India?

Steel Industry is the backbone of the Indian Economy. While the government of India has always taken concrete measures to make the industry competitive, the industry is often found amidst a plethora of challenges.

Entrepreneurship

Manpasand Beverages Fraud Still Unfolding

Manpasand Beverages has logged the limelight this year for all the wrong reasons. From the arrest of its Managing Director and its Chief Financial Officer for GST fraud in May to the recent allegations of a hostile takeover by Finquest Finance, it has seen all.

Economy

The Future of Air India

If there's an Indian airline that has consumed most of media's 'possession time', that is Air India. The rise in oil prices and the fall of Indian rupee takes the Indian Aviation Industry back to the ground. Even the most profitable airline suffered a loss.

Economy

Indian Economic Sectors and the ‘Manufacturing’ Lag

Understanding the economy and economic growth is not an easy task. To compute its input and output is even tougher. Economists have broken down this entire system into simpler sectors for easier analysis.

Economy

Fiscal Responsibility and Budget Management (FRBM) Act

The government all over the world need money to function and deliver certain services. Though the government gets the money from its taxpaying individuals and companies, it is not enough.

Economy

5ways to improve the Economy of India

The focus of our Indian government is on reforms that can revive the Indian economy. The main aim must be to increase the growth output without compromising on actions needed. Some reforms like GST and Implementation of FDI are bigger, but their impact on the life of a common man is minimal. Many reforms done by the government are only administrative in nature. Reforms that have a larger positive effect on the life of a common man are needed now and the below five reforms, when implemented, will push our economy to new heights.

Economy

Reasons behind Government's Overseas Borrowing in the New Budget

The budgetary announcement that raised some eyebrows was the $10 billion external sovereign borrowings the government is looking forward to. On one hand, the government's own ideological think tanks has turned against it; while on the other hand, some believe that it is an idea whose time has come.

Economy

How is Govt's overseas borrowing a major concern?

The budget speech of the Finance Minister remained most talked about even after an entire quarter. From proposing new norms, the post-budget market debacle, and the 'debudgetization' in weekly press conferences caused the market to stir for long. However, another curiosity that engulfed the investors was the government's decision on going ahead with the external sovereign borrowing of $10 billion.

Investing

Why is Solar Power an Under Utilised source of Energy?

“There is a lot of willful incompetence in solar industry that is in the process of coming to light.” -Steven Magee To help Solar Industry get its share of limelight, Prime Minister Narendra Modi, at the United Nations Climate Action Summit in New York, said, “We are committed to increasing India’s renewable energy target to 450 GW as a part of a stronger climate action plan."

Economy

What can the Government do for boosting Indian Economy?

Whenever the critics of the government or its policies debate over the TV, we are left waiting for one reasonable answer; the answer to what shall change the system or what kind of policies can lead us to a better future.

Investing

Was the Merging of PSBs a good move?

On the eve of August 30, 2019 when the abysmal GDP growth figure of 5% was announced, there was another press conference by the Finance Minister N Seetharaman. The press conference detailed on how some Public Sector Banks (PSB) would be merged with some other Public Sector Banks. While some called it a banking reform, the market perhaps did not seem convinced. Here is the story of unfolding of the Indian PSBs merger.

Economy

How will “Make in India” in Defence boost Economic Growth?

The size of the Indian economy stands at USD 2.7 trillion as of September 2019. “Aim is to take the economy to $10 trillion by 2030,” says the ambitious Prime Minister, Narendra Modi for the Indian economy. The goal is to stand at USD 5 trillion by 2024 and eventually double it up by 2030. Do you think its a far fetched dream given the swinging state of the economy? Let’s find out.

Economy

Downward spiral: Slowdown grips Indian economy

Assume you go to the gym one morning. The moment you reach, you are informed that you have won a lucky draw and you shall be getting a cashback of ₹ 1000.

Economy

How is Skyrocketing Oil Price Affecting Indian economy?

Crashing industries, falling markets and increasing commodity prices… Have the skyrocketing oil prices started showing adverse effects already? The consumer price inflation of India has been well under 4% and was at 3.21% in August 2019. This was the highest it has been for the last ten months. But, could the gradual increase be a signal of the looming inflationary forces in the Indian economy since it is in the middle of a slowdown with a six-year low GDP growth rate?