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707 ArticlesEconomy

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RBI Annual Report Reveals It Got Back Nearly All The Banned Notes After Demonetization

We wrote earlier this month that the cost of Demonetization was Rs. 34,000 cr. after a much lower dividend from the RBI. We even written in November 2016 that ...
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The Cost of Demonetization: Rs. 34,000 cr. in Lower RBI Payout, Likely from Interest on Excess Cash

The RBI will pay Rs. 306.59 billion (Rs. 30,659 cr.) to the government as a “surplus”. Versus Rs. 65,000 cr. in the previous years. Oh my goodness, ...
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RBI Cuts Rates to 6%, But markets don't care.

RBI has finally cut rates. By 0.25%. This means very little to most people, but effectively banks can borrow lower from RBI, at 6% now versus 6.25% yesterday. ...
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Just 5 Big Business Groups Can Bring The Banking System To Its Knees

RBI has a macro-stability report on its site and in there are some interesting gems. One of them is this juicy little factoid: That the top five borrowers can ...
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RBI Allows You To Complain About Bank Misselling, Doubles Bank Penalties To Rs 20 Lakh

RBI has finally decided to give bank customers a place to complain about mis-selling. The banking ombudsman – an RBI level complaint if you aren’t ...
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Is Food Inflation Really Negative? Data Shows It's All Just In The Regular Cycle

Farmers are in trouble, they say. Because things are really really bad. Farmers have seen prices drop big time, they say. Too much planting and too much food, ...
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Bonus Shares and ESOPs will not pay Capital Gains Tax: Income Tax Notification

And it’s here. The notification from the Income Tax Department that clarifies that certain kinds of stock purchases don’t get hit by Capital Gains ...
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The Government Helps Push GDP, But It Slows To 6.1%

India’s GDP grew 6.1% on an inflation adjusted basis in Q4. This is the lowest number since March 2014. What Slowed Down? From a sector perspective, ...
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GDP Growth at a Surprising 7%, Government Spends Up 20% in Q3 – What Demonetization?

India’s GDP data is here. You might not believe it, but it’s here. The numbers are interesting. Nominal growth was up about 10%. Real growth ...
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Budgetonomics 2017: Our Take on the Balanced But Boring Budget In An E-Book

Our annual budget book, Budgetnomics is here! In there are all the posts we have written on Budget 2017. Links below! Our View: Balanced but Boring It was a ...
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