Indian Business and Share Market News Analysis&Opinion

MONEY

 |  5-minute read

MONEY

 |  4-minute read
Narendra Modi, Digital India , Cheque Books, Demonetisation

Is Modi government planning to withdraw cheque books?

The plan is to encourage the use of debit and credit cards.

MONEY

 |  3-minute read
Modi government, Economy, Moody's ratings

The irony behind Moody's India rating upgrade

The long-awaited upgrade is disconnected with economic realities, but consistent with the incongruity of sovereign ratings business.

MONEY

 |  4-minute read
Urjit Patel, Indian Economy, Demonetisation, Bank recapitalisation

Pumping Rs 2.11 lakh crore into India's banks will not guarantee jobs

The move will end up becoming another burden on the public as the government has limited sources of raising money.

MONEY

 |  7-minute read
Modi government, Economy, Moody ratings

Moody’s upgrading India to Baa2 levels in 14 years must be welcomed, but with caution

The ratings outlook 'stabilising' reflects 'reforms' in the formal sector, even as great woes of the informal economy worsen.

MONEY

 |  4-minute read
Raghuram Rajan, Muslim personal law, Reserve Bank of India, Islamic banking

Why RBI dropping Islamic banking proposal is politically motivated

This is another move by the central bank that reeks of bad economics.

MONEY

 |  4-minute read
Indian currency, Saudi Arabia, OPEC, Crude Oil

Why rise of crude oil prices is bad news for India

With India importing 157.5 crore barrels of crude annually, a dollar increase in prices on a permanent basis would increase the yearly bill by roughly Rs 10,000 crore.

MONEY

 |  5-minute read
Taxation, Finance Ministry, Arun Jaitley, GST

GST Council slashing tax rates for 178 items is a belated measure to fix ailing economy

Only 50 items including luxury goods like tobacco would attract 28 per cent GST, rest will be taxed at 18 per cent.

MONEY

 |  4-minute read
Indian Economy, Job Loss, Narendra Modi, Government advertisement

Newspaper reports show govt ad openly lies on how demonetisation was a success

While the advertisement featuring Modi claims India's poor are getting better jobs, data shows the picture is grim.

MONEY

 |  3-minute read
Black Money, Real estate, Shell companies, Demonetisation

Demonetisation was a major failure, but it helped prove one thing

India excels not just in corruption, but in laundering black money into white.