While the jump in GST collections augurs well for the economy starved of good news, most of the increase can be attributed to runaway inflation and the increase in imports. Read more »
The financial stability RBI report highlights the resilience of the financial system and the rising asset quality of the commercial banks. Read more »
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: 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 »
Global fertilizer prices are shooting through the roof, but price rise is just a small part of India’s fertilizer problem. Read more »
Aviation industry seems to be making a turnaround after a crisis that devastated some of the largest players. Read more »
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 »
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 »
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 »
The Reserve Bank of India (RBI) raises inflation projection for the financial year to 6.7%, retains growth forecast at 7.2%. Read more »