The Centre for Monitoring Indian Economy (CMIE) has said that the past data would not indicate that a reduction in interest rates necessarily translates to rise in investments. In its previous meeting,... Read more »
Dedicated freighters in India have minuscule share versus global peers. This has led to shorter lead distances compared with global freighters, lack of significant niche cargo, and intense competition from airlines –... Read more »
Foreign Direct Investment (FDI) to India was up 6 per cent to USD 42 billion in 2018, with strong inflows in the manufacturing, communication and financial services sectors, and cross-border merger and... Read more »
As the GDP argument continues, the Centre for Monitoring Indian Economy (CMIE) has released its review of the macro-economic performance for May 2019. In its review, the think tank took into account... Read more »
The rupee on Friday dropped by 18 paise to close at 69.46 against the US currency on strengthening of the greenback in overseas markets and rising crude oil prices. Forex traders said... Read more »
The Reserve Bank of India on Tuesday said it will withdraw all charges on fund transfer through popular RTGS and NEFT systems from July 1 and asked banks to pass on the... Read more »
In a huge setback to the lenders’ revival/sale plan of the grounded Jet Airways, two operational creditors–Shaman Wheels and Gaggar Enterprises– Monday shifted the NCLT seeking bankruptcy proceedings against the airline. The... Read more »
Former Chief Economic Adviser Arvind Subramanian has said that India’s GDP growth estimate has been exaggerated by around 2.5 percentage points between 2011-12 and 2016-17, the year transitioning the UPA to NDA... Read more »