Economy - general
Populist policies may dent economic growth: Raghuram Rajan
27 Nov 2017
India needs to focus on a broad-based, inclusive, economic growth generating more employment rather than addressing grievances that would only render the society more divisive, Raghuram Rajan, former governor of the Reserve Bank of India, said
S&P dashes hopes of upgrade, keeps India at BBB-
25 Nov 2017
Keeping India's ratings on hold, Standard & Poor’s said, "Ratings are constrained by India's low wealth levels, measured by GDP per capita, , which we estimate at close to $2,000 in 2017, which [is] the lowest of all investment-grade sovereigns that we rate"
India to seek membership of EBRD
23 Nov 2017
GST core slabs may merge, 28% slab to remain
21 Nov 2017
The government could combine the 12 per cent and 18 per cent slabs under the GST into one in the near future, possibly keeping the core rate around 15.5 per cent as suggested by chief economic adviser Arvind Subramanian last year
GST collections at Rs 95,131 crore in October
20 Nov 2017
Nobel laureate Thaler clarifies: note ban okay, but Rs2,000 notes bad
20 Nov 2017
After the demonetisation announcement, the government's currency presses worked overtime to print Rs2,000 notes to meet the cash shortfall, clearly indicating that the move was not fully thought out
Moody’s upgrades India’s sovereign rating to Baa2 from Baa3
17 Nov 2017
The upward revision in India’s sovereign credit rating by Moody’s, which comes 13 years after it was last upgraded in January 2004 to Baa3 from Ba1, is seen as an endorsement of Prime Minister Narendra Modi’s reform initiatives
Cabinet clears setting up of GST anti-profiteering authority
17 Nov 2017
The approval by the cabinet paves the way for immediate establishment of an apex 'anti-profiteering’ body that will provide an institutional mechanism to ensure that the full benefits of input tax credits and reduced GST rates are passed on to the consumers
GST overhaul likely to limit rate slabs to just 2
15 Nov 2017
While tax rates may evolve over time, implementation is a major issue as manufacturers and sellers are not ready to pass on the benefits of excise reduction to the consumer, NDTV quoted GST Council member Shushil Kumar Modi as saying
WPI rate hits a 6-month high of 3.59% in October
14 Nov 2017
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