Income tax, budget 2023

Indian economy: War on inflation will warrant sacrifices

The high wholesale prices will be passed on to consumers in the next few months which could devastate the Indian economy, irrespective of the assurances by policy makers. Read more »
PMGkAY, wheat price

Wheat export ban: Farmers suffer financial losses, and India a loss of face

The wheat export ban was the result of wrong assessment of wheat crop, lack of coordination between ministries, and delays in decision making. Read more »
global economy facing recession

Runaway inflation may leave RBI with Hobson’s choice

S&P cuts growth projection to 7.3%, raise inflation estimate citing high global commodity / energy prices. Read more »
GST collections soar

Analytics, AI tools help govt boost GST collections

The government is employing data analytics and artificial intelligence to plug GST leakages. Taxpayers also can use technology to improve business processes. Read more »
uttar pradesh economy gets a big push

An agenda for making Uttar Pradesh a $1tn economy

Higher spending in education and healthcare is a surefire way to make Uttar Pradesh a growth engine for the Indian economy. Read more »
indian economy

Interest rate hike: Can RBI avert a hard landing

The Reserve Bank of India seems to have fallen behind the curve on inflation and may be forced to tighten abruptly by raising interest rates. Read more »
Fiscal policies must target inclusive growth

Economic policy for achieving sustainable, inclusive growth

Empirical studies have shown that supportive fiscal policies, globalisation and free trade are key to achieving strong, sustained and inclusive growth. Read more »
inflation and interest rates

IMF cuts growth projections for 2022, ups inflation forecast

The IMF World Economic Outlook issues dire inflation warning, calls for interest rate hikes to avoid inflationary spiral. Read more »
Indian economy

WPI inflation soars to record 14.55% in March

Rise in commodity prices triggered by global supply chain disruptions caused by the Russia-Ukraine conflict blamed for the record-breaking run of WPI inflation. Read more »
IPEF,

India-UK FTA: Unleashing the bilateral trade potential

India-UK FTA is expected to facilitate the doubling of bilateral trade between India and the United Kingdom by 2030. Read more »