Economy and Business

Economy and Business

IMF expects India's role in Indo-Pacific region to expand

The International Monetary Fund expects India's role in the Indo-Pacific region's development to continue to expand because of its robust growth, but it has to carry out more trade reforms, Ken Kang, the deputy director in IMF's Asia Pacific Department said on Friday.

More on Economy and Business
Economy and Business

Big picture Modi on step to robust business reforms

In the Museum of Modern Art in New York City, there hangs a massive, 2.42 m x 5.42 m painting called Vir Heroicus Sublimis (Man, Heroic and Sublime) by American artist Barnett Newman. The description next to it reads, “There is a tendency to look at large pictures from a distance. The large pictures [here] are intended to be seen from a short distance.”

Economy and Business

A monumental failure

On November 8, 2016, Prime Minister Narendra Modi announced his decision to deprive Rs 500 and Rs 1,000 currency notes of their “legal tender” status and removed them from circulation.

Economy and Business

Hit refresh: on the slashed GST rates

The script was altered for the second time in two months but with far greater impact. Soon after Prime Minister Narendra Modi promised far-reaching changes to simplify the goods and services tax regime, especially for small businesses and consumers, the GST Council delivered some relief measures on Friday.

Economy and Business

Ease of Doing Business: Importance of cooperative federalism

The World Bank’s latest ‘Ease of Doing Business’ rankings have come at the right time for Indian Prime Minister Narendra Modi since, in recent months, he has been widely criticized for his mismanagement of the Indian economy (especially the implementation of the Goods and Services Tax (GST), confusion with regard to multiple rates and the failure of demonetization to achieve its stated goals).

Tweets about SAMonitor
SAM Facebook

India is paying a price for losing its grasslands

Wiry shrubs and clumps of brown-green fill the semi-arid landscape of Kutch in western India. Many of these patches have, over the years, made way for "more productive" agricultural land. This greening of "wasteland" is, however, degrading a precious and largely ignored ecosystem -- the grasslands. And, as a result,

Read more...

IMF expects India's role in Indo-Pacific region to expand

The International Monetary Fund expects India's role in the Indo-Pacific region's development to continue to expand because of its robust growth, but it has to carry out more trade refor...

Read more...