Indian Economy & Business Analysis
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With various announcements in the budget for 2017-18, two important trends that emerge are the thrust on increasing tax/GDP ratio and increasing capital expenditure. For the first time after FY08,…
After reaching a level of 83% of GDP in FY04, Government debt (Central and States combined) has declined by 17 percentage point. While the decline is much desirable, it still leaves…
RBI has kept the policy rates unchanged in its second bi-monthly monetary policy for FY17. Two critical elements that have played their part in shaping today’s policy decision are not-yet-arrived monsoon…