GST rates have been cut on a total 29 goods and 53 categories of services and also propose to make the system of filing returns simpler to make the filing process more seamless. The GST Council has been struggling with falling GST revenues for quite some Read more [...]

Direct taxes collections have already jumped by 18.7% in this fiscal till middle of January 2018 compared to the corresponding period last year. Direct collections have already crossed 70% of the full year target of Rs.980,000 crore. This is after giving Read more [...]

The wholesale price index (WPI) inflation for the month of December eased to a 3-month low of 3.58% largely on the back of decline in food prices. WPI inflation is largely driven by supply side factors and the poor prices that farmers are getting are Read more [...]

The year 2017 saw a deluge of debt flows from FPIs. Nearly Rs.150,000 crore flowed into Indian debt in the full year even as FPI investments in equity remained tepid on valuation concerns. High yields and a signal from the RBI of a likely end of the rate Read more [...]

What exactly is driving this frenetic rally in metal prices… The meltdown in metal prices began around 2012 and metal prices globally were on a downtrend ever since. However, after bottoming out around late 2016, metal prices have almost recovered Read more [...]

Are we finally seeing signs of a recovery in the economy? Indian macro data flows have been mixed in the last few months. At times growth has faltered and at times inflation has been under control. Overall, it has been very difficult to judge which Read more [...]