Weekly Updates on the Indian Economy
(08/08/2020 to 14/08/2020)
- National Accounts and State of the Economy
- Narayana Murthy Flags Fears of GDP Growth Hitting Lowest Since 1947
https://thewire.in/economy/narayana-murthy-india-gdp-shrinking-covid-19
- Are Micro Lockdowns and Continuing Virus Fears Stalling India's Economic Revival?
https://thewire.in/economy/covid-19-lockdown-economy-revival-coronavirus
- Retail Inflation Above MPC Comfort Range For Fourth Straight Month
https://thewire.in/economy/cpi-consumer-price-index-inflation-mci-repo-rate
- India isn’t facing up to the true financial cost of Covid
https://theprint.in/economy/india-isnt-facing-up-to-the-true-financial-cost-of-covid/477498/
- Record stimulus to fight Covid crisis is slowing credit downgrades of Indian companies
https://theprint.in/economy/record-stimulus-to-fight-covid-crisis-is-slowing-credit-downgrades-of-indian-companies/479147/
- Why deflation is a bigger risk for the global economy than inflation
https://theprint.in/economy/why-deflation-is-a-bigger-risk-for-the-global-economy-than-inflation/480042/
- Asia faces $4.7 trillion labour loss by 2050 due to climate change, McKinsey warns
https://theprint.in/economy/asia-faces-4-7-trillion-labour-loss-by-2050-due-to-climate-change-mckinsey-warns/480743/
- Economy may need stimulus on demand side: Niti Aayog Vice-Chairman Arvind Panagariya
https://www.thehindu.com/business/Economy/economy-may-need-stimulus-on-demand-side-niti-aayog-vice-chairman-arvind-panagariya/article32306695.ece
- ‘India to face economic challenges for many years’
https://www.thehindu.com/business/Economy/india-to-face-economic-challenges-for-many-years/article32338707.ece
- U.K. economy officially in recession after 20.4% Q2 slump
https://www.thehindu.com/news/international/uk-economy-officially-in-recession-after-204-q2-slump/article32332920.ece
- National Health Authority board gives nod to integrate central health schemes with Ayushman Bharat
https://www.thehindubusinessline.com/news/national-health-authority-board-gives-nod-to-integrate-central-health-schemes-with-ayushman-bharat/article32346182.ece
- Covid-19 impact: Inflation may remain high for a few months, say economists.
https://www.business-standard.com/article/economy-policy/covid-19-impact-inflation-may-remain-high-for-a-few-months-say-economists-120080800086_1.html
- Former Niti Aayog VC Arvind Panagariya slams India's move to raise tariffs
https://www.business-standard.com/article/economy-policy/former-niti-aayog-vc-arvind-panagariya-slams-india-s-move-to-raise-tariffs-120080801107_1.html
- 81% SMEs confident of recovery post Covid, 57% have no cash reserve: Survey
https://www.business-standard.com/article/economy-policy/81-smes-confident-of-recovery-post-covid-57-have-no-cash-reserve-survey-120080900707_1.html
- Weekly economic indicators point to a stagnating recovery in activity
https://www.business-standard.com/article/economy-policy/weekly-economic-indicators-point-to-a-stagnating-recovery-in-activity-120081000934_1.html
- Former PM Manmohan Singh lists three-step solution for economic crisis
https://www.business-standard.com/article/economy-policy/former-pm-manmohan-singh-lists-three-step-solution-for-economic-crisis-120081001728_1.html
- India's low per capita income worrying, needs to be looked at: Sitharaman
https://www.business-standard.com/article/economy-policy/india-s-low-per-capita-income-worrying-needs-to-be-looked-at-sitharaman-120081201518_1.html
- Unlock BFSI 2.0: Rural India revival difficult to sustain, say economists
https://www.business-standard.com/article/economy-policy/unlock-bfsi-2-0-bharat-might-not-sustain-india-much-longer-says-experts-120081201634_1.html
- Lockdowns hamper recovery in major world economies despite easing of curbs
https://www.business-standard.com/article/economy-policy/lockdowns-hamper-recovery-in-major-world-economies-despite-easing-of-curbs-120081201539_1.html
- Next painful coronavirus question is about the unemployed
https://www.livemint.com/opinion/columns/next-painful-coronavirus-question-is-about-the-unemployed-11597213879277.html
- 74% Indian consumers report a lasting change in shopping behaviour: Adobe
https://www.livemint.com/industry/retail/74-indian-consumers-report-a-lasting-change-in-shopping-behaviour-adobe-11597228405291.html
- Public Finance
- Data | Government's tax revenue records sharp downfall, expenditure increases
https://www.thehindu.com/data/data-governments-tax-revenue-records-sharp-downfall-expenditure-increases/article32325047.ece
- Tamil Nadu asks Centre for special Rs 9,000 crore grant to combat Covid-19
https://www.business-standard.com/article/current-affairs/tamil-nadu-asks-centre-for-special-rs-9-000-crore-grant-to-combat-covid-19-120081100728_1.html
- Union objects to Kamath on debt recast committee
https://www.livemint.com/industry/banking/union-objects-to-kamath-on-debt-recast-committee-11597104764653.html
- Government eyes RBI payout to bridge budget deficit
https://www.livemint.com/industry/banking/rbi-payout-no-succor-for-government-finances-11597363227001.html
- Once bitten, twice shy: Why states doubt centre will share taxes fairly
https://www.business-standard.com/article/opinion/once-bitten-twice-shy-120081200056_1.html
- Centre releases ₹6,195 cr to 14 States
https://www.thehindu.com/news/national/centre-releases-6195-cr-to-14-states/article32328078.ece
Taxation
- New 'Transparent Taxation' Platform Aims to Reduce Graft, to Allow Faceless Assessments
https://thewire.in/government/narendra-modi-launches-new-transparent-taxation-platform-faceless
- The Political Fix: Will upcoming compensation battle prompt India to examine GST’s many flaws?
https://scroll.in/article/969882/the-political-fix-will-upcoming-compensation-battle-prompt-india-to-examine-gsts-many-flaws
- IT tribunal judgement on HSBC deposit is an endorsement of the ideology of nationalism tax
https://scroll.in/article/969803/it-tribunal-judgement-on-hsbc-deposit-is-an-endorsement-of-the-ideology-of-nationalism-tax
- For export boots, CII urges extension of interest subsidy scheme, faster GST refunds
https://www.thehindubusinessline.com/economy/for-export-boost-cii-urges-extension-of-interest-subsidy-scheme-faster-gst-refunds/article32328350.ece
- Leasehold-right assignment by corporate debtor attracts GST at 18%: AAR
https://www.thehindubusinessline.com/economy/leasehold-right-assignment-by-corporate-debtor-attracts-gst-at-18-aar/article32336588.ece
- GSTR 1 and 3B to be linked to determine input tax credit and liability
https://www.business-standard.com/article/economy-policy/gstr-1-and-3b-to-be-linked-to-determine-liability-and-input-tax-credit-120080701909_1.html
- Cross-border tax disputes: ITAT orders to overrule MAP outcomes, says CBDT
https://www.business-standard.com/article/economy-policy/cross-border-tax-disputes-itat-orders-to-overrule-map-outcomes-says-cbdt-120080900239_1.html
- Coming soon: GST technological overhaul to ease compliance, plug leaks
https://www.business-standard.com/article/economy-policy/coming-soon-gst-technological-overhaul-to-ease-compliance-plug-leaks-120080900989_1.html
- GST intelligence detects over Rs 17-cr tax evasion by MP cement firm
https://www.business-standard.com/article/economy-policy/gst-intelligence-detects-over-rs-17-cr-tax-evasion-by-mp-cement-firm-120081200878_1.html
- Rights & responsibilities of citizens in new taxpayers' charter: Full text.
https://www.business-standard.com/article/economy-policy/full-text-new-taxpayers-charter-rights-and-responsibilities-of-citizens-120081300677_1.html
- GoM to take up proposal on gold e-way bills to check tax evasion, smuggling
https://www.business-standard.com/article/economy-policy/gom-to-take-up-proposal-on-gold-e-way-bills-to-check-tax-evasion-smuggling-120081300018_1.html
- Taxpayers' Charter sends right message to investors on regulation: Experts
https://www.business-standard.com/article/economy-policy/taxpayers-charter-sends-right-message-to-investors-on-regulation-experts-120081301558_1.html
- Rs 20,000 hotel bill, Rs 50,000 insurance premium may come under I-T lens
https://www.business-standard.com/article/economy-policy/high-value-transactions-may-come-under-i-t-lens-as-govt-plans-new-tax-rules-120081400316_1.html
- No timelines in Taxpayers' Charter; vague compared to Citizens' Charter
https://www.business-standard.com/article/economy-policy/no-timelines-in-taxpayers-charter-vague-compared-to-citizens-charter-120081301722_1.html
- Economic recovery to push sales tax from petroleum products by 9%: Crisil
https://www.business-standard.com/article/economy-policy/economic-recovery-to-push-sales-tax-from-petroleum-products-by-9-crisil-120081301642_1.html
- Govt modifies e-assessment scheme after PM unveils Taxpayers' Charter
https://www.business-standard.com/article/economy-policy/govt-modifies-e-assessment-scheme-after-pm-unveils-taxpayers-charter-120081400034_1.html
- Banking and Monetary policy
- Offer cashback, relax KYC norms to check decline in remittances, suggests WEF paper
https://theprint.in/economy/offer-cashback-relax-kyc-norms-to-check-decline-in-remittances-suggests-wef-paper/477079/
- Troubled NBFCs begin to show signs of revival after stimulus
https://theprint.in/economy/troubled-nbfcs-begin-to-show-signs-of-revival-after-stimulus/479904/
- Delays feared in RBI’s debt recast plan as Kamath panel seeks clarity on members, deadline
https://theprint.in/economy/delays-feared-in-rbis-debt-recast-plan-as-kamath-panel-seeks-clarity-on-members-deadline/480647/
- Businesses cheered moratorium on bankruptcy proceedings – but it may actually hurt them
https://scroll.in/article/969877/businesses-cheered-moratorium-on-bankruptcy-proceedings-but-it-may-actually-hurt-them
- Questions that still hover around our monetary policy framework
https://www.livemint.com/opinion/columns/questions-that-still-hover-around-our-monetary-policy-framework-11597153692762.html
- Opinion | RBI plays revive note, will FinMin do an encore?
https://www.livemint.com/opinion/columns/rbi-plays-revive-note-will-finmin-do-an-encore-11597025395962.html
- RBI revises norms for core investment cos
https://www.livemint.com/industry/banking/rbi-tightens-regulations-for-core-investment-companies-11597324785628.html
- Lenders question RBI’s loan exposure definition
https://www.livemint.com/industry/banking/lenders-question-rbi-s-loan-exposure-definition-11597281334708.html
- India's bank debt restructuring to delay NPL recognition: Fitch
https://www.livemint.com/industry/banking/india-s-bank-debt-restructuring-to-delay-npl-recognition-fitch-11597147832128.html
- ‘Timely approval of recast key to avoiding sharp credit cliffs’
https://www.thehindu.com/business/Economy/timely-approval-of-recast-key-to-avoiding-sharp-credit-cliffs/article32306320.ece
- ‘Loan recast to aid small firms, retail borrowers’
https://www.thehindu.com/business/Economy/loan-recast-to-aid-small-firms-retail-borrowers/article32320272.ece
- Debt revamp to prolong banks’ asset quality uncertainty: Fitch
https://www.thehindu.com/business/Industry/debt-revamp-to-prolong-banks-asset-quality-uncertainty-fitch/article32329066.ece
- Banks may not have to pay service tax for facilitating international trade
https://www.business-standard.com/article/finance/banks-may-not-have-to-pay-service-tax-for-facilitating-international-trade-120080800075_1.html
- Why RBI has allowed one-time restructuring of corporate and personal loans
https://www.business-standard.com/article/economy-policy/coronavirus-lockdown-truth-is-the-first-casualty-of-pandemic-finance-120080800177_1.html
- RBI notification excluding NBFCs from gold loan rule will hurt poor women
https://www.business-standard.com/article/opinion/rbi-notification-excluding-nbfcs-from-gold-loan-rule-will-hurt-poor-women-120080900280_1.html
- Wanted: An MPC with more power and 'flexibility'
https://www.business-standard.com/article/opinion/wanted-an-mpc-with-more-power-and-flexibility-120080900901_1.html
- Covid-19: Truth is the first casualty of India's pandemic finance
https://www.business-standard.com/article/economy-policy/covid-19-truth-is-the-first-casualty-of-india-s-pandemic-finance-120081001736_1.html
- Centre may allow cooperative banks to lend under Emergency Credit Line
https://www.business-standard.com/article/economy-policy/centre-may-allow-cooperative-banks-to-lend-under-emergency-credit-line-120081100078_1.html
- About 5-8% of loan book will be recast under RBI scheme, says ICRA
https://www.business-standard.com/article/economy-policy/about-5-8-of-loan-book-will-be-recast-under-rbi-scheme-says-icra-120081101272_1.html
- Retail payments register 28% jump in June; digital mode sees 23% rise
https://www.business-standard.com/article/economy-policy/retail-payments-register-28-jump-in-june-digital-payments-rise-23-120081301431_1.html
- High retail inflation in July on food price hike dims chances of rate cut
https://www.business-standard.com/article/economy-policy/high-retail-inflation-in-july-on-food-price-hike-dims-chances-of-rate-cut-120081301589_1.html
- RBI's payout unlikely to plug the huge govt revenue hole created by Covid
https://www.business-standard.com/article/economy-policy/rbi-s-dividend-payout-unlikely-to-plug-govt-s-revenue-gap-due-to-covid-19-120081400146_1.html
- How Social Stock Exchange will help raise funds, regulate social sector
https://www.business-standard.com/article/economy-policy/how-social-stock-exchange-will-help-raise-funds-regulate-social-sector-120081301952_1.html
- Special market ops can be useful for monetary policy transmission: RBI
https://www.business-standard.com/article/economy-policy/special-market-ops-can-be-useful-for-monetary-policy-transmission-rbi-120081302012_1.html
- RBI remains net purchaser of US dollars in June, buys $9.814 billion
https://www.business-standard.com/article/economy-policy/rbi-remains-net-purchaser-of-us-dollars-in-june-buys-9-814-billion-120081301784_1.html
- External Sector
- What Progress on the US-India Trade Front Should Look Like
https://thewire.in/trade/india-us-trade-progress
- Balance of payments will be strong this year, says Goyal
https://www.thehindu.com/business/Economy/balance-of-payments-will-be-strong-this-year-says-goyal/article32320275.ece
- India has trade deficit with 9 of top 10 commerce partners, shows data
https://www.business-standard.com/article/economy-policy/india-has-trade-deficit-with-9-of-top-10-commerce-partners-shows-data-120080800061_1.html
- July exports recovered to 91 per cent of July 2019 levels : Piyush Goyal
https://www.business-standard.com/article/economy-policy/july-exports-recovered-to-91-per-cent-of-july-2019-levels-piyush-goyal-120080801096_1.html
- India a good option for UK businesses exploring alternative to China: UKIBC
https://www.business-standard.com/article/pti-stories/india-attractive-proposition-for-uk-businesses-exploring-alternative-to-china-ukibc-120080900613_1.html
- Commerce Min suggests expanding MEIS successor scheme to support exporters
https://www.business-standard.com/article/economy-policy/commerce-min-suggests-expanding-meis-successor-scheme-to-support-exporters-120081100705_1.html
- CII wants end to inverted duty structure to make India an exporting nation
https://www.business-standard.com/article/economy-policy/cii-wants-end-to-inverted-duty-structure-to-make-india-an-exporting-nation-120081100854_1.html
- CII calls for early FTP to raise India's global export share to 5% by 2025
https://www.business-standard.com/article/economy-policy/cii-calls-for-early-ftp-to-raise-india-s-global-export-share-to-5-by-2025-120081101419_1.html
- India's gem, jewellery exports shrink 38% in July on weak global demand
https://www.business-standard.com/article/economy-policy/india-s-gem-jewellery-exports-shrink-38-in-july-on-weak-global-demand-120081201644_1.html
- Travel ban, border closures directly affected trade in goods, services: WTO
https://www.business-standard.com/article/economy-policy/travel-ban-border-closures-directly-affected-trade-in-goods-services-wto-120081302025_1.html
- Agriculture and Rural Economy
- Are the New Agriculture Ordinances an Extension of the WTO's Agenda?
https://thewire.in/agriculture/agriculture-ordinance-wto-india-farmers-msp-apmc
- Economic disruption to rural economy less severe, says Birla
https://www.thehindu.com/business/Economy/economic-disruption-to-rural-economy-less-severe-says-birla/article32338745.ece
- Rice exports jump 52% in Apr-May
https://www.thehindubusinessline.com/economy/agri-business/rice-exports-jump-52-in-apr-may/article32328315.ece
- PMFBY: A special model for Beed district
https://www.thehindubusinessline.com/economy/agri-business/pmfby-a-special-model-for-beed-district/article32347074.ece
- ISB launches one-stop portal for indicators of economic recovery
https://www.thehindubusinessline.com/economy/agri-business/isb-launches-one-stop-portal-for-indicators-of-economic-recovery/article32347092.ece
- Agri Infra Fund crucial in hiking farm sector share in GDP: Farmer group
https://www.business-standard.com/article/economy-policy/agri-infra-fund-crucial-in-hiking-farm-sector-share-in-gdp-farmer-group-120081101472_1.html
- Many states like MP are embracing new agri reforms: Niti Aayog member
https://www.business-standard.com/article/economy-policy/many-states-like-mp-are-embracing-new-agri-reforms-niti-aayog-member-120081201558_1.html
- The illusion of a revival in the country’s agricultural sector
https://www.livemint.com/opinion/columns/the-illusion-of-a-revival-in-the-country-s-agricultural-sector-11597329780225.html
- FM Nirmala Sitharaman signals further support to farm sector
https://www.livemint.com/industry/agriculture/fm-nirmala-sitharaman-signals-further-support-to-farm-sector-11597242689191.html
- Industry, Manufacturing, Services and Technology
- When will India Start Adopting the World's Tough Scrutiny of Global Tech Giants?
https://thewire.in/business/when-will-india-start-adopting-the-worlds-tough-scrutiny-of-global-tech-giants
- Decoding India's Economic Playbook in the Times of COVID-19
https://thewire.in/economy/decoding-indias-economic-playbook-in-the-times-of-covid-19
- Survey Says 57% SMEs Have No Cash Reserve To Recover from COVID-19
https://thewire.in/business/sme-covid-19-economy-india
- Stockpiling Leads India's Coal Import to Drop 43.2% In July
https://thewire.in/energy/india-coal-imports-dropped-july-2020
- Indian Firms Raise 35% Less Foreign Loans on Future Retail Default
https://thewire.in/business/indian-firms-foreign-loans-interest-rates
- India’s industrial output contracts 16.6% in June, performance improves from May
https://scroll.in/latest/970066/indias-industrial-output-contracts-16-6-in-june-performance-improves-from-may
- Who benefits from Modi government’s commercial coal auctions? Not coal mining states
https://scroll.in/article/969802/who-benefits-from-modi-governments-commercial-coal-auctions-not-coal-mining-states
- Nitin Gadkari exhorts industry to identify sectors to boost exports, make India ‘self-reliant’
https://www.thehindu.com/business/Industry/nitin-gadkari-exhorts-industry-to-identify-sectors-to-boost-exports-make-india-self-reliant/article32306567.ece
- Fuel demand dips 11.7% in July
https://www.thehindu.com/business/Economy/fuel-demand-dips-117-in-july/article32339027.ece
- Measures to aid MSMEs will help improve the economy, says Gadkari
https://www.thehindubusinessline.com/economy/measures-to-aid-msmes-will-help-improve-the-economy-says-gadkari/article32317591.ece
- Miners are the major users of ammonium nitrate imported into India
https://www.thehindubusinessline.com/economy/logistics/miners-are-the-major-users-of-ammonium-nitrate-imported-into-india/article32344354.ece
- Production shortfall not alarming to warrant duty-free import of tea, say industry insiders
https://www.thehindubusinessline.com/economy/agri-business/production-shortfall-not-alarming-to-warrant-duty-free-import-of-tea-say-industry-insiders/article32333445.ece
- Are insurance companies earning profit from PMFBY?
https://www.thehindubusinessline.com/economy/agri-business/are-insurance-companies-earning-profit-from-pmfby/article32333009.ece
- India's consumer confidence plummets to record low in July: RBI survey
https://www.business-standard.com/article/economy-policy/india-s-consumer-confidence-plummets-to-record-low-in-july-rbi-survey-120080800074_1.html
- FM launches NIP online dashboard for info on infra projects across India
https://www.business-standard.com/article/economy-policy/fm-launches-nip-online-dashboard-for-info-on-infra-projects-across-india-120081001462_1.html
- Throwback to SEZ era: Real estate sector makes room for data centres
https://www.business-standard.com/article/economy-policy/throwback-to-sez-era-real-estate-sector-makes-room-for-data-centres-120081100035_1.html
- UP announces new investment policy to attract companies leaving China
https://www.business-standard.com/article/economy-policy/up-announces-new-investment-policy-to-attract-companies-leaving-china-120081100795_1.html
- Accreditation scheme launched for prospecting, mining plan consultancies
https://www.business-standard.com/article/economy-policy/accreditation-scheme-launched-for-prospecting-mining-plan-consultancies-120081101799_1.html
- Why Atmanirbhar could be govt's biggest gift to Indian pvt sector in 30 yrs
https://www.business-standard.com/article/economy-policy/why-atmanirbhar-could-be-govt-s-biggest-gift-to-indian-pvt-sector-in-30-yrs-120081201519_1.html
- Govt panel moots 2 formats for business responsibility reporting by firms
https://www.business-standard.com/article/economy-policy/govt-panel-moots-2-formats-for-business-responsibility-reporting-by-firms-120081201745_1.html
- Kerala set to tap post-Covid potential with investor-friendly legislations
https://www.business-standard.com/article/economy-policy/kerala-set-to-tap-post-covid-potential-with-investor-friendly-legislations-120081301251_1.html
- Andhra govt embarking on comprehensive survey to map industry's needs
https://www.business-standard.com/article/economy-policy/andhra-govt-embarking-on-comprehensive-survey-to-map-industry-s-needs-120081301463_1.html
- Andhra Pradesh govt to invest Rs 12K cr in first phase to build four ports
https://www.business-standard.com/article/economy-policy/andhra-pradesh-govt-to-invest-rs-12k-cr-in-first-phase-to-build-four-ports-120081302054_1.html
- Organic e-commerce platform to directly link farmers with retail: Govt
https://www.business-standard.com/article/economy-policy/organic-e-commerce-platform-to-directly-link-farmers-with-retail-govt-120081301525_1.html
- MSMEs will take at least 7-8 months to recover from covid impact: Dun & Bradstreet
https://www.livemint.com/industry/manufacturing/msmes-will-take-at-least-7-8-months-to-recover-from-covid-impact-dun-bradstreet-11597147324897.html
- Columns by Paul Krugman & Joseph E Stiglitz
- How to prevent the looming debt crisis
https://www.business-standard.com/article/opinion/how-to-prevent-the-looming-debt-crisis-120081300020_1.html
- Opinion | An Impeccable Disaster
https://www.nytimes.com/2011/09/12/opinion/an-impeccable-disaster.html
- Opinion | Trump Sends In the Economic Quacks
https://www.nytimes.com/2020/08/10/opinion/trump-coronavirus-social-security.html
- Other Articles/ Columns
- Toxic Ecologies Assam, Oil, and a Crude Future
https://www.theindiaforum.in/article/toxic-ecologies-assam-oil-and-crude-future
- Surely, We Could Trade This for Something Else…Myths about Trade in Economic Theory
https://www.theindiaforum.in/article/surely-we-could-trade-something-else
- Official economic forecasts for poor countries are too rosy
https://www.economist.com/finance-and-economics/2020/08/04/official-economic-forecasts-for-poor-countries-are-too-rosy
- What it takes to become an academic economist is changing
https://www.economist.com/finance-and-economics/2020/08/08/what-it-takes-to-become-an-academic-economist-is-changing
- Should personal financial data be sent to foreign tax authorities?
https://www.economist.com/finance-and-economics/2020/08/15/should-personal-financial-data-be-sent-to-foreign-tax-authorities
- In India, gold-based finance is booming
https://www.economist.com/finance-and-economics/2020/08/15/in-india-gold-based-finance-is-booming
- Blended finance is struggling to take off
https://www.economist.com/finance-and-economics/2020/08/15/blended-finance-is-struggling-to-take-off
- A new study shows emerging economies are catching up
https://www.economist.com/finance-and-economics/2020/08/15/a-new-study-shows-emerging-economies-are-catching-up
- The Trump administration wants a US-China commercial split
https://www.economist.com/business/2020/08/15/the-trump-administration-wants-a-us-china-commercial-split
Print Sources: The Hindu, Business Line, Business Standard, Economic Times, Times of India
Online Sources: Livemint, Scroll.in, First Post, The Wire, The Print, The India Forum, Newyork Times, The Guardian
Journals: Economic and Political Weekly, The Economist