Monthly Archive:: August 2016

Has Rajan’s tenure been a game changer for Indian Economy?

The recent policy review under RBI Governor Raghuram Rajan was noteworthy not for any big-bang surprises with regards to the policy rates but for being the last one of his term as the governor. Marked by a

Improving financial parameters buoy India’s economic outlook

The overall financial environment for the Indian economy are favourably poised – with the low cost of funds, strong liquidity, better external financial linkages and uptick in economic activity – signalling a positive outlook with signs of firm improvement in

India’s inflation target set at 4% till 2021

Supporting the inflation-fighting policies championed by the outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan, the government has fixed India’s annual inflation target at 4 per cent for the next five years. The NDA government has

Uptick in services lift India’s growth outlook

The pace of activity in India’s service sector has witnessed a significant uptrend, touching a three-month high in July, underpinned by an upturn in demand, signalling a pickup in Asia’s third biggest economy. According to Markit Economics report, Nikkei

Thanks to GST, India will soon be a unified market

Amid high pitched debate, the Goods and Service Tax (GST) bill was cleared with a thumping majority in the Rajya Sabha, creating an economic history, weaving Asia’s third biggest economy into a unified market. The historic bill

Is India ready for mega merger of oil PSUs?

It is not for the first time that a proposal on mega merger of the public sector oil and gas companies is being floated by an Indian Government. In 2005, a plan on proposed monolith structure for

E-commerce poised to create 12 mn new jobs in India

The Indian e-commerce industry is poised for a big leap in the coming days and is expected to lend a helping hand to the country’s employment landscape which aims to create 24 million jobs in the next

India riding high on the path of financial inclusion

With the progress of the Indian economy, especially when the focus is on the achievement of sustainable development, financial inclusion is expected to bring a significant change in the Asia’s third biggest economy. According to a report