Finance

Demonetisation hits India’s mfg growth

India’s factory activity continued to expand in November, albeit at a slower pace, amid withdrawal of high-value bank notes in India as cash crunch slowed down domestic consumption, production of goods and new orders. According to a

Insolvency & Bankruptcy Code to help unravel Rs 25K cr NPAs: Report

Effective execution of Insolvency and Bankruptcy Code can possibly release about Rs 25,000 crore currently stuck in bad loans and will lead to surge in growth capital over the next few years. The code, if executed successfully,

Softening inflation may pave the way for RBI rate cut

The six-member monetary policy committee (MPC), led by the RBI governor Urjit Patel is expected to cut interest rates further this fiscal after retail and wholesale inflation slowed in the month of October. The experts are also

Can rise in consumption boost India’s growth prospects?

With the Asian Development Bank confident that the late recovery in key industrial economies is unlikely to affect the sustained resilience of the Indian economy it is safe to assume that higher consumption and an expected investment

Have Indian banks moved past worst of bad loans?

Although there’s been a steady increase in bad loans, a promising monsoon season, constant public investment, and sustained advancement in foreign direct investment has helped push growth capital in the Indian Banking sector.  These factors will help

India Inc deal value grows on robust M&A activity

Robust growth in deal activity by India Inc continued to gain momentum in August, registering a 38 per cent surge in value terms. This increase amply indicates that the Asia’s third biggest economy is still a key

Indian microfinance sector on revival path

Microfinance in India has come a long way. It started as an alternative source of finance to the unserved masses comprising the bottom of the socio-economic pyramid. However, now it has gradually turned out to be a

Will RBI’s recent reforms bolster corporate bond market?

It is not a common practice for the Reserve Bank of India (RBI) to make a policy decision within a week of submission of a committee report. Globally, central banks have a tendency to take their own

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

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