The flight of capital to safe haven assets will see the rupee fall further, leading to a full-blown crisis for the Indian economy. 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 »
A slump in metal prices simply means that businesses closely related with the industry such as home appliances, automobiles and construction have taken a hit. Read more »
The BJP-led Union government may find it difficult to withdraw PMGKAY as a significant section of India’s population still suffers from hunger. Read more »
While achievements at the WTO ministerial may have silenced the sceptics, India’s tough opening position presented a learning experience for trade negotiators. 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 »
The looming global recession may be far more serious than anything the world has witnessed since the Great Depression, and could last more than 12 months. Read more »
The RBI may not intervene aggressively to boost the weak rupee, but it may step in to reduce volatility. 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 »