Economy and Business

Bimstec envoys call for early conclusion of FTA

Ahead of the Bimstec Summit in Nepal this month-end, envoys of the seven-nation regional bloc on Monday called for early conclusion of negotiations for a Free Trade Agreement (FTA) among member-nations, which is hanging fire for 13 years.

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India’s economy unlikely to be hit by Brexit

India has a very resilient economy, we are a very broad-based economy... We are not dependent on any one sector. Most of our growth comes from domestic consumption, which won’t be impacted by Britain coming out of the EU. The Indian economy won’t be affected. By Pawan Bali

Navigating goods and services in GST

The government seems keen to move ahead on the GST agenda with a positive frame of mind, and if the Constitutional Amendment Bill is passed in the Rajya Sabha in the Monsoon Session of Parliament, in all likelihood, GST will be a reality by April 1, 2017. The release of the draft model GST law (including model Integrated GST law) is a step forward and will bring about necessary momentum on GST implementation amongst government and industry stakeholders.

 

Brexit: Boon for India?

Brexit may turn out to be a boon in disguise for the Modi government and its game plan for next year’s state elections in UP and Punjab, if crude oil prices fall and investors don’t shun the rupee given India’s strong economic fundamentals and commitment towards reforms.

 

The New Delhi consensus

He was talking about technological change. It is perhaps the opposite when it comes to our reactions to economic change. We overestimate the economic problems over the next two years but underestimate economic progress over a decade.

 
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Kerala floods: Writing on the wall that was ignored

The questions that need to be asked is how further in the past should Kerala go back to understand this disaster? And how much into the future should the state go to reflect on the calamity that it had brought on to itself?

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Bimstec envoys call for early conclusion of FTA

Ahead of the Bimstec Summit in Nepal this month-end, envoys of the seven-nation regional bloc on Monday called for early conclusion of negotiations for a Free Trade Agreement (FTA) among member-...

Read more...