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Last updated: 21 Nov, 2017  
 Editorials
gst-THMB.jpg GST: Course correction
Bikky Khosla | 14 Nov, 2017
In a big relief to India Inc, the GST Council last week slashed tax rate on 178 items from 28 percent to 18 percent. Consumers will heave a sigh of relief as well. Now, only 50 items, classified as sin or luxury goods, are left in the highest tax slab.  
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World.Bank.9.Thmb.jpg Ease of doing business
Bikky Khosla | 07 Nov, 2017
The recently released Ease of Doing Business ranking 2018 has brought a pleasant surprise for India. The country jumped 30 spots, securing a place among the top-100 countries.  
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Rupee.9.New.Thmb.jpg Bank recapitalisation
Bikky Khosla | 31 Oct, 2017
The Centre unveiled a mega recapitalisation package for public sector banks last week. Under the scheme, a whopping amount of Rs 2.11 lakh crore--representing nearly 1.2 percent of India's GDP--is to be allocated to these banks over a period of two years. 
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Fake.9.Thmb.jpg Counter counterfeiting
Bikky Khosla | 24 Oct, 2017
Counterfeiting and piracy pose a serious global challenge, and like in many other countries in the world, they have assumed a grave dimension also in India.  
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Rupee.9.Thmb.jpg Exposed: Banks behind unfairly high cost of credit
Bikky Khosla | 17 Oct, 2017
The Reserve Bank of India, in its fourth bi-monthly monetary policy review early this month, kept rates on hold, citing inflation concerns, a decision which according to India Inc, failed to take into account the unduly high interest rates that the industry is currently burdened with. 
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gst-thmb.jpg GST revamp: Relief to exporters, SMEs
Bikky Khosla | 10 Oct, 2017
Nearly 100 days after implementation of the Goods and Services Tax, the GST Council at its 22nd meeting last week finally came out with some encouraging alterations, which deserve appreciation.  
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Meeting.9.thmb.jpg Can PM's advisory council revive growth?
Bikky Khosla | 03 Oct, 2017
Prime Minister Modi last week revived the Economic Advisory Council, which has been defunct since the NDA came to power in 2014. The five-member council, comprising economists of high repute and to be led by NITI Aayog member Bibek Debroy, will address the issues of macroeconomic importance and present its views directly to the PM. 
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Rupee.9.Thmb.jpg Stimulus watch
Bikky Khosla | 26 Sep, 2017
News reports have surfaced that the Centre is considering a stimulus package in the range of Rs 40,000-50,000 crore to halt the ongoing growth slowdown. The basic idea behind fiscal stimulus is that when the overall economic growth is sluggish, feeble or in a state of contraction, the government should increase public expenditures so as to financially stimulate the economy. 
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Archives: 2017 ( 47 )    2016 ( 51 )    2015 ( 53 )    2014 ( 360 )    Index
 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 21 Nov, 2017
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
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 Can't say
  Commented Stories
» GST: Course correction(14)
» Starting an import export business: Basic guide for beginners(13)
» GST Council removes 178 items from 28% slab, only 50 left(6)
» Economic growth not possible without manufacturing: NITI Aayog CEO(1)
» Job creation: Labour ministry meets experts for solution(1)
 
 
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