Great uncertainties confronted economic forecasters in 2017. Early in the year, there were endless debates on the pace of remonetisation and the duration of economic disruption it caused. Then came the tumultuous transition to the Goods and Services Tax (GST), which subsumes 40% of India’s total taxes and, thus, significantly impacts economic growth as well as fiscal health. Separately, the unexpectedly rapid pace of build-up in the new insolvency pipeline, and recapitalisation of public sector banks brought uncertainty into the outlook for the banking sector. This, as the economy continued to adjust to low food inflation which depressed farm income growth, and the arrival of a real estate regulator, which slowed down the new launches.
My Best Pick 2018
Looking Beyond The Smog
Neelkanth Mishra of Credit Suisse on why he believes growth is unlikely to revive in the New Year
Summer wine and salad
Kishore Singh - January 19, 2015
The million-dollar question: Is investing a game of luck or skill?
Shankar Sharma - May 04, 2021
Every crisis is an opportunity, if you are on the right side of equities
Samir Arora - May 04, 2021
Viraj Mehta trusts the toughness and bounce of a company that has seen many trials
Viraj Mehta - May 04, 2021
Safir Anand spots a mid-sized company with the right chemistry and catalytic circumstances
Safir Anand - May 07, 2021