GDP Growth – Dec’19 Performance Analysis
Indian economy’s growth for the quarter ended Dec’19, as per the data released by MOSPI today, presents a complex picture. GDP growth is marginally better than initial estimates of Sept’19…
Indo-US Relations – Economic & Other Aspects
The visit by the US president, the fifth successive (including two visits by Barack Obama) in last twenty years contrasts with only three visits by US president during 1950-1999. Even…
Towards Better Corporate Governance – Strengthening Audit Framework
The decision by two of the top audit firms not to take non-audit work for their audit clients, is the culmination of regulatory efforts to improve the standard of corporate…
Vodafone Idea – Braving the AGR Crisis…
The AGR (Adjusted Gross Revenue) woes has come back to haunt the telecom companies with the Supreme Court refusing to grant any relief to the companies. While Airtel appears reasonably…
Extra Budgetary Resources (EBR) – Who Foots the Bill?
A term being deliberated upon a great deal after this year’s budget is “extra budgetary resources (EBR)”. Essentially, it is an accounting adjustment which helps government take some of its…
Real Estate Sector – Down but Not Out!
Real estate sector is among the most hit and most talked about sector amidst the current slowdown. However, property prices haven’t corrected sufficiently despite the stress across all the affected…
Understanding Deficit Terminologies
The first and the most important figure economists and all analysts look at while analyzing the budget is the fiscal deficit (FD) as a percent of GDP. For FY20, FD…
Budget – Revenue & Expenditure Analysis (Part II)
Against total receipt of Rs 22.4 lakh crore, government is projected to spend nearly Rs 30.4 lakh crore in FY21. Other than interest payments, broad areas which account for maximum…
Budget – Revenue & Expenditure Analysis (Part I)
The Budget proposal for year 2020-21 projects total expenditure of Rs 30.4 lakh crore against receipt of Rs 22.4 lakh crore. This implies shortfall of Rs 8.0 lakh crore corresponding to…
Budget 2020-21 – Reason for Cheer or for Disappointment??
The budget proposals for the year 2020-21 has foxed the markets with Sensex declining by almost 1,000 points. This is so because even though it has taken several measures which…