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 »
The Reserve Bank of India (RBI) raises inflation projection for the financial year to 6.7%, retains growth forecast at 7.2%. Read more »
RBI should go ahead with its monetary tightening plan to tackle inflation and help the Indian economy avert a hard landing. Read more »
Inflation will come down when supply shocks are absorbed, but inflation expectation will continue to rise and lead to higher prices. Read more »
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 »
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 »
S&P cuts growth projection to 7.3%, raise inflation estimate citing high global commodity / energy prices. Read more »
The government is employing data analytics and artificial intelligence to plug GST leakages. Taxpayers also can use technology to improve business processes. Read more »
Higher spending in education and healthcare is a surefire way to make Uttar Pradesh a growth engine for the Indian economy. Read more »