Economy and Finance
News and views related to the Indian Economy and Financial sector
SC grants clearance for RCom’s spectrum sale to Jio, Rcom to furnish Rs 1400 crore corporate guarantee
Once the corporate guarantee is furnished by RCom, the government is bound to give its NOC for the spectrum sale within a week
Facts, No Fiction: What the rupee does (not) tell us
Karan -
Rupee does not signal the health of the Indian Economy, however, it is an important indicator as far as the external sector is concerned.
Rupee rises 21 paise against US Dollar, touching a three-month high
The Rupee rose by 21 paise to 69.64 against the US Dollar.
Latest GDP and growth figure revision is based on robust and rigorous methodology
Karan -
According to the revised GDP numbers released by the government on Wednesday, India’s economic growth under the previous Congress-led coalition government was slower than estimated earlier and was never in double digits.
Insolvency and Bankruptcy Code has led to recovery of Rs. 3 lakh crores of stressed assets in 2 years
More than 9,000 cases have come for redressal under the Insolvency and Bankruptcy Code (IBC) after it became fully operational in December 2016.
Finance Minister Arun Jaitley puts to rest reports of Government seeking reserves from RBI
Finance Minister Arun Jaitley said that government does not RBI reserve for next 6 months
Facts, No Fiction: Growth prospects of the Indian Economy
Karan -
One underlying reason for India’s growth to accelerate are the fact that the economy is now well transitioned from the tectonic shifts it went through due to successive reforms.
The Print uses year old data to predict doomsday for BJP in assembly elections
Karan -
The article by Shivam Vij in question talks about an economic slowdown that is being projected for the year ahead.
Rahul Gandhi and the eternally changing amount of ‘industrialists’ loans waived off’ by Modi
From 1.1 to 3.5 lakh crores, Rahul Gandhi's claims of industrialist's loan waiver just get bigger and bigger.
Demonetisation: Step that kick started the digitisation process and formalised a large chunk of the Economy
The truth of the matter is that if India had to leapfrog into the 4th Industrial Revolution as it is doing today, then the journey would not have been possible without the kickstart of demonetization.