Babuli Behera

28/04/2017

"The government has made significant progress on important economic reforms that will support strong and sustainable growth going forward," Tao Zhang, deputy managing director of the International Monetary Fund, said.

28/04/2017

Important but can we do it practically. Govt must think fast.

Joining the debate on taxing agriculture income, Chief Economic Adviser Arvind Subramanian on Friday said that states, which have the option to levy the tax, should make a distinction between the rich and poor farmers.

25/04/2017

LIC improved its market share with 1.24 lakh crore

The sole public sector life insurer has increased its share in new business to 71.07% as of March 2016-17, from 70.4% in 2015-16; 69.2% in 2014-15 as it shores up its insurance agents' force and brings down attrition rates.

31/03/2017

Rate cut for April-june quarter by 0.1% in small saving scheme like ppf, sukanya etc.

The government has lowered interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi scheme by 0.1 per cent for the April-June quarter, a move that would prompt banks to cut their deposit rates.

10/03/2017

Indian IIP jumps to 2.7
Mining, infra and electricity sector are the major contributors.
Industrial production increased means a good demand.
Rupees going well.
Rate cut still have to wait.

05/01/2017

FDI grew 27%

Foreign direct investment (FDI) into the country grew by over 27 per cent to $27.82 billion during April-October this fiscal.

19/12/2016

Now we are the fifth largest economy in the world. So we are after US, China, Japan and Germany.

This dramatic shift has been driven by India's rapid economic growth over the past 25 years as well downslide in the value of the pound over the last 12 months, a Forbes report said. It was forecasted that India would become the "fifth largest by 2020" but it has crossed this milestone much sooner.

07/12/2016

My assumption was taken care and repo stand unchanged.

NEW DELHI: Despite the possibility of growth being impacted due to the crippling cash crunch since the currency ban, the Reserve Bank of India (RBI) left the main repo interest rate unchanged at 6.

04/12/2016

Congratulations to all as our FDI crossed 300billions.

India crossed the $300 billion foreign direct investment (FDI) milestone between April 2000 and September 2016, firmly establishing its credentials as a safe investment destination in the world. India received $101.76 billion from Mauritius between April 2000 and September 2016.

02/12/2016

Rate cut is a sure certainty for many economist. But I calculate different. Just like the crr hike the Governor should stay still for a month before any cut. Demonetisation effect yet to be seen. Raghuram should say to stay calm to his successor.
Let's see Dr. Urjit Patel is to take the correct decision. I am confident of him.

What’s bad news for the economy is good news for the bond market, which has recovered most of the losses from the shock of last Saturday’s CRR hike.