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ECONOMETRIC ESTIMATES
Import duty hike to decrease India's gold demand by 50-60 tonnes in 2026India's gold demand faces a significant drop this year. The World Gold Council predicts a contraction of 50 to 60 tonnes. This decline foll...- Will RBI Governor Shaktikanta Das finally signal his willingness to turn?Opinion is divided. Over the past many meetings, the MPC has been adamant about sticking to status quo. Never mind that average inflation a...
- Finally, we are a $5 trillion economy!N.B. Conditions apply, and do read this column right till the end
- Unofficial imports of gold into India plunge 80% in 2020: World Gold CouncilThe council said the lower customs duty and recovering demand may allow official imports to gain strength at the cost of unofficial imports...
- Lockdowns may have averted 3 million deaths in Europe by curbing COVID-19: StudyIn a modelling study of lockdown impact in 11 nations, Imperial College London scientists said the draconian steps, imposed mostly in March...
- New firm creation higher in services sector than manufacturing, agriculture: SurveyThe survey said that there is a need to invest in ramping up India's statistical infrastructure. The survey also observed that India has ta...
- View: What's wrong with Arvind Subramanian's GDP mathSubramanian makes self-contradictory claims and draws mathematically incorrect conclusions.
- Government defends official growth data, says followed global practicesIn a clarification issued in response to a paper authored by Arvind Subramanian, the govt said the country follows accepted international p...
- Nothing strange about back series GDP data, says Niti Aayog's Rajiv KumarThese high growth rates have now been revised downwards after applying the latest data sets.
- Few basis points above or below double-digit growth doesn’t make a difference: NIPFP Emeritus ProfessorIndia’s back series economic growth numbers, as estimated by a committee of the National Statistical Commission (NSC), have stirred a polit...
- The real reason why you may not get ATM cash over the next few daysATMs around the country not only in the rural interiors, but also suburban townships of large metros have been facing cash crunch for more ...
- Demonetisation, GST boost tax collectionsThe actual contribution of these measures in boosting personal income tax collections varies, depending on methodologies followed.
- Listen again to the economist who rightly predicted note ban hitting GDPThe RaboResearch economist had rightly said that first-quarter GDP growth in India would decelerate to 5.7%. He now predicts some more impa...
- Profile of monetary policy committee membersThey are going to play an important role in setting policy rates as Reserve Bank of India has relinquished this power to the committee.
- Banking sector should consolidate rather than go for immediate mergers: Dr SK Ghosh, SBIIf not in June, US fed rate hike more likely to be in 2017
- Chinese slowdown would hit Asia-Pacific region hard: IMF"Given the sheer size of the Chinese economy, a negative growth shock there would hit the rest of Asia-Pacific region hard," the IMF said.
- Inflation may ease to 6.5 per cent in December: C RangarajanA fall in vegetable prices is likely to ease headline inflation and retail inflation to 6.5% and 9.20% respectively in Dec, Rangarajan said...
- Receipts Budget chapter on revenue forgone serves only to misleadA particular tax break encourages a desirable income-enhancing activity, the tax proceeds of which are not take into account for computing ...
- Government to use satellite technology for crop and drought assessmentThe government will use inputs of the recently set up Mahalanobis National Crop Forecast Centre to prepare multiple in-season crop forecast...
- Call for revamp of fiscal policiesChairman of the 12th Finance Commission C Rangarajan said on Saturday the fiscal policies should be restructured to accelerate growth along...
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