ENS Economic Bureau

Articles By ENS Economic Bureau

263 Articles

India’s place in a post-Covid world: Express-FT series today

Even before the shock of Covid-19, India’s economy had been losing momentum with growth slowing steadily. Now, after a large GDP contraction due to the pandemic, medium- to long-term prospects remain uncertain amid the seco

According to the calendar announced on March 31, the Centre will borrow Rs 7.24 lakh crore from the market in the first half of FY22, or just over 60% of the budgeted full-year target.

Devendra Darda elected ABC chairman for year 2020-21

He is also president of various educational institutions in Yavatmal, Maharashtra, and is on the managing committee of the Western India Football Association.

Devendra Darda has served on several media industry bodies, namely INS and IFRA.

Express Adda: Slump part of business cycles, bottoming out, says CEA Krishnamurthy Subramanian

He said the economic slowdown stems from the financial sector and over a period of time, the growth rate is likely to again hit the 7 per cent mark.

Subramanian said the financial sector needs substantial reforms, structural reforms, which has been said in the FSLRC (Financial Sector Legislative Reforms Commission) report.

Chief Economic Advisor K Subramanian guest at Express Adda today

Subramanian will be the guest at the Express Adda in Mumbai on Wednesday.

Krishnamurthy V Subramanian, economy

Nobel-winning couple Abhijeet Banerjee and Esther Duflo at Adda today

Kolkata-born Banerjee, 58, and Paris-born Duflo, 46, both professors at the Massachusetts Institute of Technology (MIT), were awarded the Nobel for their groundbreaking work in development economics that has provided insights

Nobel-winning couple, Abhijeet Banerjee, Esther Duflo, express adda, Massachusetts Institute of Technology , Jawaharlal Nehru University, corporate taxes, Citizenship (Amendment) Act

Tata Sons’ Chandrasekaran guest today at ExpressAdda

As the leader of the most diversified group, which has interests ranging from retail to automobiles to software, his voice holds significance amidst the ongoing economic slowdown and weak consumer sentiment.

Tata Sons, N Chandrasekaran, chairman of Tata Sons, Express Adda, Mumbai, Tata Group, Tata Consultancy Services, NTT Docomo

Modi govt’s Mudra scheme adds concerns for banks; here’s what RBI points out

Gross NPAs under Mudra rose by 68.7 per cent to Rs 16,480.87 crore for the financial year ended March 2019 from Rs 9,769 crore a year ago.

bank, banking sector, mudra loan, npa, non-performing asset, asset quality of mudra

Express Adda: Finance minister Nirmala Sitharaman to be guest today

During the first five-year term of the Narendra Modi government, she served as Union minister with independent charge for corporate affairs and minister of state for finance before she was elevated to the post of defence mini

Nirmala Sitharaman, fm nirmala sitharaman

Long-term insurance policy applicable only for new vehicles: IRDAI

According to the clarification by IRDAI, existing vehicles are only going to get insurance cover for one year on renewal whereas, it will be compulsory for new private cars to go for the three-year policies. On the other hand

As hostilities rise, Pakistan shuts airspace, India lifts partial shutdown

Pakistan, which had initially imposed restrictions on flights originating from and headed to India, fully closed its airspace by evening.

Slaughter for meat: Animal markets can’t be used any longer for buying or selling cattle

The rules require the seller as well as purchaser to give an undertaking that the cattle being sold or bought was not meant for slaughter.

Animal markets, pashu haat, pashu mela, buy cattle, slaughtering cow, environment ministry, cruelty to animals, bulls, cows, buffalos, camels

Was Arvind Subramanian in loop on demonetisation? CEA says ‘Speak only when you can improve upon the silence’

The large pile-up of non-performing assets of state-owned banks is a “very hard” problem and the government has been in some ways little behind the curve, chief economic adviser Arvind Subramanian said.

Post-Rexit, Subramaniam Swamy targets Arvind Subramanian

But this time, the government responded almost immediately. Finance minister Arun Jaitley mounted a strong defence of Subramanian — he was appointed by the government in October 2014 — and pointed out that the BJP too did

Corporate bond market: Time to look beyond bank borrowings for infra work

A report released by Crisil on Tuesday said that while India needs around Rs 43 lakh crore ($650 bn) for infrastructure build-out over five fiscals to 2020, the country must look beyond the banks.

Corporate Bond market, Indian markets, non performing assets, Arun Jaitley, finance minister

Mallya-like episode impossible under new Bankruptcy Code: TK Viswanathan

Former Union law secretary TK Viswanathan said the law also allows workers of a company to initiate voluntary liquidation proceedings.

Link between Robert Vadra, arms dealer, London house, says news report

Robert Vadra’s lawyers deny any link with dealer.

robert vadra

Unsold inventory in NCR jumps to 2.67 lakh units despite growing demand for affordable housing

Despite a 13 per cent growth in sales in the fourth quarter ended March 2016, led by demand in the affordable housing category, the National Capital Region (NCR) witnessed a rise in unsold inventory by almost 14 per cent to h

Mid-segment favourite among home buyers in first half of 2016 in Delhi-NCR, affordable housing declines

Acceleration of last year may not continue in the current fiscal as pvt investment still away

If roads sector witnessed major initiatives from the government in terms of fast-tracking of road development over the last one year, the report states that progress has not been at desired pace due to sluggish economic recov

While the government has announced a number of big impact schemes, the focus should now be on creating linkages between various departments and roping in stakeholders with different types of expertise

Blackmoney: Govt unearths indirect tax evasion of Rs 50,000 crore in two years

Finance Ministry said the crackdown on black money has led to seizing of Rs 3,963 crore of smuggled goods in two years.

Left with Rs 5,000 at month end? Here are some money-making ideas

Narendra Modi govt reform effect? Cement, fertilisers slowly shedding debt burden

According to a report, based on the study of corporate results of 200 companies, around 60 companies have reported an aggregate decline in debt levels of more than Rs 6,862 crore in the year ended March 2016.

Indirect tax mop up grows 41 per cent on central excise spurt

Excluding the collections through additional resource mobilisation measures, indirect tax mop-up rose by 17 per cent in April.


Centre pushes for affordable housing, black money curbs

The Finance Bill has also been amended to allow for extension of weighted deduction of expenditure incurred on notified agricultural projects till March 31, 2020 as opposed to March 31, 2018 proposed earlier.

Arun Jaitley

House panel to govt: Name all those who got govt banks to write off debt

The committee, attached to the Ministry of Finance, held its second meeting on Wednesday which was attended by Finance Minister Arun Jaitley. Some members also suggested that a committee be constituted to finalise the recover

Arun Jaitley

Residential real estate: After dark quarters monsoon clouds may shower growth

While the sector continues to remain troubled with issues of high unsold inventory, delayed delivery of projects and financial stress on developers, the only segment that showed some signs of a rebound was the affordable hous

Indian economy

Idea Exchange: Sunil Khilnani- author of Idea of India-says recent events troubling investors

Author-historian Sunil Khilnani on the 50 ‘angry men and women’ of his latest book Incarnations, why India has a ‘small time horizon’ to seize the moment, the connection between inequality and ‘some of the politic

As Assam, West Bengal vote, Rajan asks why cash with public grows during elections

The rise in cash with the public despite deposit growth for FY16 at 9.9 per cent being the lowest since 1962, and inflation too being low. “You can see that there is a spike not just in the state going to polls but also in

Raghuram Rajan, rbi, rbi Raghuram Rajan, corporates borrowings, Raghuram Rajan on corporate borrowings, rbi on corporate borrowings

The Panama Papers: Narendra Modi steps in; I-T, RBI panel to probe offshore money trail

ANNOUNCING it was acting on the directions of the Prime Minister, the government said Monday it was constituting a special multi-agency group to look into all cases of Indians setting up offshore entities in tax havens after

The Panama Papers: Narendra Modi steps in; I-T, RBI panel to probe offshore money trail
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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