Budget 2023, subsidies

Positives in RBI report no defence against a recession

The financial stability RBI report highlights the resilience of the financial system and the rising asset quality of the commercial banks. Read more »
Income tax, budget 2023

GST Council recommends rate hikes on some items, relief on others

The GST Council has decided to levy tax on hotel rooms with daily tariff up to Rs 1,000 and unbranded pre-packaged and labelled food items, making them more expensive. Read more »
real estate

India’s real estate continues to bleed; dream house remains fantasy for many

Real estate: With the rates of houses skyrocketing and considering that the pandemic led to a significant fall in incomes, it is not shocking that builders are now verging on the edge... Read more »
Monsoon, agriculture

India hit by soaring fertilizer prices, inefficient subsidies

Global fertilizer prices are shooting through the roof, but price rise is just a small part of India’s fertilizer problem. Read more »
Indian aviation, air India, indigo

Private players will boost aviation industry, but govt must lend a helping hand

Aviation industry seems to be making a turnaround after a crisis that devastated some of the largest players. Read more »
ageing, silver economy

State govts out to sabotage National Pension Scheme

As the pension payments have become unsustainably high, the need of the hour is to bring all statutory pensioners under the National Pension Scheme. Read more »
G20 summit on climate change, sustainable development

Soaring inflation may push RBI into interest rate hike spree

With both wholesale and retail inflation benchmarks on an upward spiral and the US Fed signaling more interest rate hikes, the RBI may effect aggressive increase in policy repo rate. Read more »
wto ministerial at Geneva

WTO ministerial: India’s stance on e-commerce taxes may be counter-productive

India's opposition at the WTO ministerial on the renewal of the moratorium on e-commerce taxes could be counter-productive as the lapsing of the ban may affect businesses recovering from Covid-19. Read more »
IMF, RBI

RBI to focus on withdrawal of accommodation

The Reserve Bank of India (RBI) raises inflation projection for the financial year to 6.7%, retains growth forecast at 7.2%. Read more »
Fertiliser, one nation one fertilizer policy. gm crops

Low output in 2022 will keep wheat prices elevated next year

Major producers China, India and Ukraine are likely to see a fall in output that will lead to lower supplies and high wheat prices in 2023. Read more »