Monday, 20 August, 2018

Economy

According to the forecast, rupee will reach 67.5 per dollar by end of September and 67 by end of 2018 I Dhiraj Singh/Bloomberg

Looks like rupee will buck doomsday predictions, recover by year-end

Fresh estimate comes amid fears the Indian currency may slip to a record low of 72 against the dollar before 2019.
Latest News on the Indian Economy

The rupee is slipping, and India may wage a (trade) war to check its fall

Import tariffs and the diaspora are among the weapons India is likely to use to help the rupee, economists say.
fuel prices

India has given markets free rein on fuel price, but investors are wary as 2019 nears

Delhi has, so far, resisted the temptation to give relief to consumers and is keeping a close watch on its fiscal deficit goal.
US-China

Veteran investor Mark Mobius predicts worldwide financial crisis

Mobius says end of cheap money will cause a squeeze for many of the companies dependent on them.
Vistara to soon start its first international flight by the next half of the year | Commons

19 new aircraft from Boeing and Airbus to add more wings to Vistara

Vistara, the Singapore Airlines-Tata venture, that operates in one of the world’s most expensive aviation markets is all set to begin its international flights operation.
Gautam Adani

Gautam Adani among 400 bidders for India’s latest city-gas licenses auction

Evaluation of bids in ninth round of auctions will run from 12 to 18 July, licenses expected to be awarded by October.
Despite global economic tensions, India set to witness continuous economic growth | Dhiraj Singh/Bloomberg

Double-digit earnings growth yet again for Indian equities, suggest analysts

Actual earnings that reinforce forecasts will help justify hope among analysts about market prospects despite headwinds.
Deforestation

Global deforestation is accelerating and nature is alerting us this is urgent

Despite mounting efforts to protect tropical forests, deforestation is reaching a scale of global catastrophe.
RBI in Delhi

New bankruptcy law has instilled fear among debt holders: IBBI chairman Sahoo

Insolvency and Bankruptcy Board chief says firms facing bankruptcy have paid creditors Rs83,000 crore to avoid insolvency.
CMIE)numbers shows a continuous fall in value of new project announcements | Prashanth Vishwanathan/Bloomberg

Divergent numbers pose a question: What’s the truth about India’s economic outlook?

Nikkei India numbers show an expansionary trend, while CMIE data indicates a continuing fall in economy.

Indian Army reforms: Cutting administrative flab or needless downsizing?

Army chief General Bipin Rawat is set to issue orders to reduce personnel at the Army Headquarters (AHQ) in New Delhi. The move is being viewed as an indirect a...
Imran Khan, Atal Bihari Vajpayee, Nawaz Shariff

Outing a personal secret as a lesson for Imran: Featuring Vajpayee, Nawaz & a bit of me

Nawaz Sharif made a dramatic bid for peace with Vajpayee but was tripped by Pakistan’s army. It won’t be different for Imran.