Economy

‘Though China is ahead in scale, trade wars spur de-risking’ Indian industry may well stand to gain from the fallout of the U.S.-China trade war, if the country plays its cards right, says Wheels India MD Srivats Ram . He dwells on the opportunities at hand and how challenges still …

In pre-GST era, the industry was struggling to add value to its customers, compared to global peers It has been 15 months since the rollout of what is considered one of India’s biggest tax reforms — the Goods and Services Tax (GST). But, we are already witnessing a major positive …

Section 13 of the RBI Act gives Governor the deciding vote Monday’s meeting of the Reserve Bank of India’s Central Board will be as important for the actions taken as for the fact that it’s the first time the body has met since the ‘RBI vs Finance Ministry’ tussle broke …

New Delhi feels that Beijing will focus on food security by diversifying imports in view of trade war As the trade war with the United States continues to bite — with only a slim chance that the world’s two biggest economies can go past a possible truce — China appears …

The extent of independence of the ratings committee and quality of analysis warrant close watch The IL&FS saga has brought the spotlight back on credit ratings agencies for all wrong reasons. The last time such a situation arose was in late 2015, when auto ancillary company Amtek Auto defaulted on …

Tatas seem keen on Jet, due diligence may be over: analysts A deal to acquire Jet Airways may be in the making, now that Tata Sons has clarified that it is holding preliminary discussions with Jet Airways for a possible investment in one of India’s once-high-flying airlines. Analysts expect an …

To meet the government halfway, the RBI may take some steps to boost loans to the MSME sector that had been badly hit by the demonetisation exercise, and which the government is keen to support in an election year. However, it is to be seen how much RBI can do, …

Easing of PCA framework on the cards at board meeting The Union government may not invoke Section 7 of the RBI Act to issue directions to the central bank, in a bid to reduce the tension between North Block and Mint Road, sources privy to the government’s thinking told The …

The Board of Directors of the Reserve Bank of India (RBI) meets every month to discuss inspection reports of banks and systemically important financial entities, and other routine issues of supervision. The Board now has 18 members, inclusive of the Governor and four Deputy Governors and two top bureaucrats from …

The Navy will formally inaugurate the Information Fusion Centre (IFC) for the Indian Ocean Region (IOR) later this week. Through this Centre, information on “white shipping”, or commercial shipping, will be exchanged with countries in the region to improve maritime domain awareness in the Indian Ocean. “The IFC-IOR is established …