Four years of GST

Worst over; GDP growth will recover faster than forecasts in FY22: Arvind Virmani

Revival in economic activity, consumer confidence will see GDP growth recovering faster in second quarter of FY22 than anticipated by forecasts. Read more »
global economy facing recession

GDP growth numbers for 2020-21 conceal more than they reveal about Indian economy

Policy makers should focus on creating jobs, increasing real wages and boosting household incomes, rather than worrying about blips in GDP growth rate. Read more »
GST, Customs relaxations

Covid-19 crisis: Ease GST norms for healthcare imports

The Narendra Modi government must take steps such as GST deferrals, relaxation of interest payments, duty exemptions, and faster tax refunds to help businesses tide over the Covid-19 crisis. Read more »
Confusion over cryptocurrencies in India

Legends of the fall: Govt, RBI must clarify on cryptocurrencies

While the government is sending out confusing signals on cryptocurrencies, currency regulator RBI has been silent for a long time. Read more »
global trade

China shuns export push to focus on domestic market

China’s shift from export-led development strategy to one with focus on domestic consumption will hamper world trade. Read more »
IndiaN economy, $5 trillion economy

ADB predicts 11% growth for Indian economy

The Indian economy will stage a robust recovery aided by the vaccine rollout, stimulus packages, and an uptick in global demand. Read more »
Tamil Nadu economy and covid-19

Covid-19 impact: Tamil Nadu economy in a spot of bother

Tamil Nadu economy is in a precarious position – just one wrong step by the new government can send the state finances flying off the cliff. Read more »
inflation and interest rates

Indirect tax windfall brings cheer amid bad news on inflation, IIP fronts

Good news on the indirect tax collection front was eclipsed by a 3.6% contraction in IIP, and 5.52% higher retail inflation. Read more »
RBI raises repo rate by 25 basis points

Monetary policy: RBI joins quantitative easing bandwagon

In a major departure, the RBI has committed its balance sheet to monetary policy in the April 2021 MPC meeting. Read more »
IMF, RBI

Monetary policy: RBI stays focused on growth with accommodative policy

RBI’s proposed Rs 1 trillion government securities acquisition programme will provide certainty to bond market participants, reduce term premiums. Read more »