India's foreign exchange reserves cross $600 billion

Foreign exchange reserves surpass $600 bn; What does it mean to Indian economy

India’s foreign exchange reserves may not be built on a strong foundation as 61% of its external debt is of short-term nature and will mature in a year. Read more »
cybersecurity is paramount

Will global minimum tax disrupt India’s tax regime?

Global minimum tax is a commendable step towards international tax reforms, but its success depends on whether countries like India would agree to revoke their digital levies. Read more »
The global minimum tax will make multinational corporations pay tax

Global minimum tax explained: Abuse of tax havens to end, big tech to come under tax net

The proposed global minimum tax will make multinational corporations pay a minimum 15% tax on their profits, ending misuse of double tax avoidance treaties. Read more »
India's agriculture exports rise

India’s agriculture exports rise 17.34% to $41.25 billion

In rupee terms, the country's agriculture exports rose 22.62% in 2020-21 to Rs 3.05 lakh crore. Read more »
stock market amid covid-19 crisis

Young Indians flock stock market amid Covid-19 crisis

Stock market needs a long-term game played with test match temperament rather than a T-20 mindset. Read more »
IMF, RBI

Monetary policy: RBI keeps rates unchanged, cuts growth forecast

RBI monetary policy committee has kept the repo rate unchanged at 4%, the reverse repo rate at 3.35%, and the marginal standing facility rate and the bank rate at 4.25%. Read more »
India: Slowing economic growth, rising unemployment

‘India’s unemployment crisis unprecedented; government spending only way out.’

Not coming up with a large fiscal stimulus was a mistake that led to a fall in economic growth rate and rise in unemployment levels. Read more »
Indian economy

Monetary policy: Growth, jobs bigger concerns than inflation

RBI's monetary policy committee should consider a 25 basis points cut in repo rate as the economy is on the verge of Covid-19 third wave. Read more »
RBI monetary policy review

Monetary policy must keep rates unchanged, cut growth forecast

The monetary policy amid a major shock like the second wave of Covid-19 can afford to look through some inflationary impulses to support economic growth. Read more »
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 »