Monetary Policy – From "Accommodative" to "Neutral" stance..
Belying the expectations of a rate cut, the monetary policy committee (MPC) has not only decided to keep the rates unchanged in its meeting today but more importantly, has shifted…
Budget Trends – Increasing Tax/GDP Ratio and Capital Expenditure..
With various announcements in the budget for 2017-18, two important trends that emerge are the thrust on increasing tax/GDP ratio and increasing capital expenditure. For the first time after FY08,…
Budget – Revenue and Expenditure Analysis..
The Budget for year 2017-18 projects a total shortfall of Rs 5.5 lakh crore with total expenditure projected at Rs 21.5 lakh crore against receipt (excluding states’ share) of Rs…
Budget 2017-18 – From 'Swachh Bharat' to 'Clean India'..!
The union budget for the year 2017-18, presented today by the finance minister makes no big bang announcements but the undercurrent is loud and clear. The society – individuals and…
Banking Sector Interconnectedness in India…
The interconnectedness of banking and financial sector is not widely understood or discussed, yet a high risk issue. The rapid spread of contagion during financial crisis in 2008 was primarily…
Status of Employment in India…
Contrary to perception of widespread unemployment, the annual survey conducted by ministry of labour shows that only 5% of the workforce faced ‘chronic employment’ during the year 2015. However, that…
End of Globalisation..???
The swearing-in speech of Donald Trump and his initial decisions put a big question mark on the future of cooperation in the world economy. The talks on protecting US jobs,…
Understanding India’s Insurance Sector..
The cabinet approval for listing of five general insurance company is a smart move which would not only mop up some money for the government but also pave the way…
Banks Loan Composition – An Overview..
After growing at over 18% CAGR during FY08-12, bank credit growth came down sharply to 11% during FY12-16 and may fall to single digit in FY17. Although the decline is…
Trade, IIP and Inflation – Nov/Dec Performance..
Data on International trade & Inflation for Dec’16 and IIP for the month of Nov were released by government agencies earlier this week. Coming in the backdrop of demonetisation and…