Indian Economy & Business Analysis

Tax on under construction property is another case similar to restaurants. While the tax rate here is 12%, effective outgo would be lower as builder should pass on the tax…

The Goods & Service tax (GST) completes 18 months of its implementation and the developments so far have been very encouraging. After the initial months of excessive hassles related to…

It was a reasonable yet an uncertain year for the global economy expected to end 2018 with growth rate of 3.7% as per an IMF report, almost the same as…

The year 2018 was a better year for India Inc than 2017, yet a turbulent one. Several high profile cases of frauds, funds misappropriation, undue favor and so on came…

The year 2018 would be most remembered for the IL&FS crisis which emerged almost out of the blue and crippled the financial sector ultimately leading to the exit of RBI…

Indian Oil Corporation (IOC), the largest company by sales in the country, recorded revenue of almost Rs 5.2 lakh crore for FY18 (consolidated). Its revenue is more than three times…

Global trade rebounded in 2017 growing at 4.5% in volume terms much better than 1.8% witnessed in 2016 and strongest in six years. That probably gives a reason to attempt…

Other than the liquidity issue, the recent RBI-government stand-off also revolved around enhancing credit facility to the MSME sector. To aid to the government’s efforts, PSBs recently announced quick loan…

Farm loan waiver has again hit the headlines with recently elected chief ministers approving the scheme. The mainstream media, economists from all strata and also the RBI through its various…

Cement Industry does not seem to be in the best of health recording a decline of 6% in profits for half year ending Sept 18 even though sales grew by…