Only credit growth can help banks to get out of this liquidity drag. That can happen when growth is secured (and not through loan melas). But if it takes longer, risk of higher inflation becomes real
Now the government plans to raise nearly Rs 40,000 crore each year from roads
Notwithstanding the pandemic severe shock, India's macroeconomy is more healthy and ready for faster growth, eminent economist Ashima Goyal said on Sunday
FM Nirmala Sitharaman has called a meeting of the FSDC on September 3 to discuss the state of the financial sector and a strategy to support the nascent recovery of the pandemic-hit economy
Here are the best of Business Standard's opinion pieces for Saturday
The paradox is that BJP's economic policies have been the opposite of its non-economic policies.
Given the record of past blunders, under-achievements, vulnerabilities and the manifest influence of stigmatised capital, what India might get is yet another school for scandal, cautions T N Ninan
Hiring activity witnessed an overall 4 per cent sequential growth in July and the uptick was mainly spread across metros, according to a report
The government will look to amalgamate or disinvest in entities in the financial sector after ensuring that it has minimum presence, she said
The total estimated capex towards these projects stands at Rs 14,483 crore between FY22-FY25
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Maharashtra may be biggest contributor, according to a report
The scheme - Duty Remission of Export of Services Scheme or DRESS - will reimburse the un-refunded taxes and duties embedded in services exports
The country's gross domestic product (GDP) is expected to grow at around 18.5 per cent with an upward bias in the first quarter of the current financial year, according to SBI research report Ecowrap
'The need of the hour is the building up of macro-financial, fiscal, and external buffers', said the authors
Road Transport and Highways minister Nitin Gadkari along with other Union ministers on Tuesday discussed various issues related to infrastructure development
The plan covers 20 asset classes spread over 12 line ministries and departments
Other indicators show strengthening revival
The minister said the Indian economy was on its path of revival, with robust foreign direct investment inflow into the country
For instance, Crisil Research said though there is stress in a couple of states and crops, there is no big reason for alarm