The Monetary Policy Committee (MPC) of the Reserve Bank of India has decided to further increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points. As a result, the repo rate has increased from 5.40 per cent in the last Monetary Policy instance to 5.90 per cent now. Accordingly, the […]
Continue ReadingRecently the government raised concern about the possibility of twin deficit problem emerging in Indian economy. A twin deficit problem occurs when there is a simultaneous increase in both the fiscal deficit and the current account deficit due to factors that cause these deficits to widen as a side effect of one or the other. […]
Continue ReadingNormally the Reserve Bank of India declares its Monetary policy every two months. Last policy was announced on April 8. 2022. However, this time it has not waited till the scheduled meeting of the Monetary Policy Committee to be held in June and so everyone was surprised as to how come a revision in the […]
Continue ReadingIn its recent Monetary Policy the Reserve Bank of India seems to have shifted its bias from growth back to keeping inflation within the tolerable limits. In the last two years the central bank has adopted accommodative monetary policy stance in tandem with the large scale economic stimulus and policy reforms introduced by the central […]
Continue ReadingThe Budget goals for the Financial Year 2022-23 are a reflection of India’s aspirations for achieving its developmental goals. This simply means that the fruits of growth reach all sectors, sections and levels of the diverse Indian society. The Productivity Linked Incentives launched in14 sectors, have unlocked the potential for the creation of 60 lakh […]
Continue ReadingThe conventional mode of the policy making comprises of a pre-determined process of an upfront analysis of the issue, detailed planning and meticulous implementation thereof. This waterfall approach is often used in the formulation of the five-year plans and the urban master-plans. However, the conventional approach may not be suitable when there are forces that […]
Continue ReadingA large number of countries in the World are trying to work out a twin pronged tax reform plan. According to the Organization for Economic Development and Cooperation (OECD),136 countries and jurisdictions representing more than 90% of global GDP have agreed to join an accord to impose this global tax reform plan. These constitute over […]
Continue ReadingThe central banks in most economies have twin objectives of maximizing employment/growth and keeping prices stable at around targeted levels. However, covid19 put forward an unprecedented syndrome to grapple with and most central banks, have tried to inject liquidity into their respective economies through lowering interest rates, buying bonds and easing out credit deployment and […]
Continue ReadingThe recent announcement of a massive relief package of Rs. 6.3 trillion is aimed at giving a boost to the Indian economy which has been hit hard by the second wave of the covid19 pandemic. The idea is to enhance credit flows to the pandemic affected sectors extending loan guarantees and concessional credit. The package […]
Continue ReadingSecurities and Exchange Board of India has recently amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [Listing Regulations] and they have come into effect on the date of their publication in the Official Gazette i.e., from May 5, 2021. The Listing Regulations have been made gender savvy, adapted to changes in other applicable […]
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