Clipped from: https://www.thehindubusinessline.com/opinion/rate-hikes-central-banks-are-playing-catch-up/article65521249.ece Central banks world over failed to recognise the inflationary signals. The result is the threat of stagflation The global economy seems to be
Category: ART
*Iran currency drops to all-time low of 332,000 per dollar amid US sanctions | Business Standard News
Clipped from: https://www.business-standard.com/article/international/iran-currency-drops-to-all-time-low-of-332-000-per-dollar-amid-us-sanctions-122061200519_1.html Traders in Tehran exchanged the rial at 332,000 to the U.S. dollar, up from 327,500 on Saturday Photo: Reuters Iran’s currency Sunday dropped
*Make nomination the third route of succession | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/make-nomination-the-third-route-of-succession-122061200801_1.html Even in an august gathering such as the one at Vigyan Bhavan, the percentage of people who had made their Will would be
*Shifting cycle | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/shifting-cycle-122061200815_1.html Investors should be prepared for further turmoil Bond yields have risen and equity valuations have fallen as financial markets adjust to the reality of
*How credit card route to UPI may come at a price for merchants | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/how-credit-card-route-to-upi-may-come-at-a-price-for-merchants-122061200899_1.html Smaller merchants can be subsidised to make it work In the monetary policy announcement last week, the RBI said it would allow the
*Biden warns US inflation could last ‘for a while’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/biden-warns-us-inflation-could-last-for-a-while/article65516901.ece Surging costs have become a political headache for the Biden administration, which have tried several measures to lower prices President Joe Biden cautioned
India is likely to gain more from the emerging global economic order: TV Somanathan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/india-is-likely-to-gain-more-from-the-emerging-global-economic-order-tv-somanathan/article65518224.ece “If we continue to grow at 6-7 per cent a year, we will be way ahead of many countries” The old global economic
Number of income tax returns rising: CBDT Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/number-of-income-tax-returns-rising-cbdt-chairman/articleshow/92146960.cms Synopsis The Board is witnessing an increase in tax collection, which usually happens if the country is showing an upward trend in economic
Can you sue the US government if your immigration process is delayed? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/can-you-sue-the-us-government-if-your-immigration-process-is-delayed/articleshow/92147286.cms Synopsis Fundamentally, is litigation against delays in the immigration process a viable option in your case? The answer is perhaps it is, but
Banker to 467 million Indians says loan demand is bouncing back – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banker-to-467-million-indians-says-loan-demand-is-bouncing-back/articleshow/92154731.cms Synopsis The rising demand for loans means SBI will have to shore up its capital adequacy ratio, since it is hovering at less
*****State of concern – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/state-of-concern/article65514483.ece States need to urgently act in pruning non-essential expenditure and knocking down their debt to prudent levels As the economy begins a gradual
PMC Bank case fallout: RBI asks UCBs to make higher provisions | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/pmc-bank-case-fallout-rbi-asks-ucbs-to-make-higher-provisions-122061001158_1.html The RBI said the new circular has been warranted by the fact that UCBs have met the conditions already laid out Photo: Bloomberg
Bears tighten grip: Sensex crashes 1,000 pts on mounting inflation worries | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sensex-falls-1-000-pts-on-mounting-inflation-worries-nifty-ends-at-16-202-122061001200_1.html FPIs sell shares worth Rs 4,000 crore; US inflation hits new 4-decade high The market breadth was negative, with 2,101 stocks declining and
Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday? | Business Standard News
lipped from: https://www.business-standard.com/article/markets/rs-2-7-trillion-investor-wealth-wiped-off-what-made-sensex-nifty-tumble-122061000283_1.html The market’s confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy
Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rupee-in-free-fall-plunges-to-all-time-low-of-77-84-against-dollar-122061001057_1.html The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading. The rupee hit a fresh all-time low
*****Export curbs, higher energy prices may spike trade deficit further in FY23 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/export-curbs-higher-energy-prices-may-spike-trade-deficit-further-in-fy23-122061000765_1.html Revenues from the export of industrial metals would also take a hit from a decline in metal prices According to India Ratings &
*Credit card linkage to UPI: Uncertainty over pricing leaves players in dark | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/credit-card-linkage-to-upi-uncertainty-over-pricing-leaves-players-in-dark-122061000566_1.html There is no clarity on whether linking to UPI facility will be extended to credit cards of other card networks, such as Visa,
*Fitch lauds Indian economic recovery, ups outlook from negative to stable | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fitch-lauds-indian-economic-recovery-in-fy22-ups-outlook-from-negative-to-stable-122061000316_1.html The agency said that high inflation and hence high nominal GDP growth will benefit the debt-GDP ratio Photo: Shutterstock Global ratings agency Fitch on Friday
War causing severe cost-of-living crisis no country can escape: UN | Business Standard News
Clipped from: https://www.business-standard.com/article/international/war-causing-severe-cost-of-living-crisis-no-country-can-escape-un-122061000054_1.html An FAO index of food prices surged to a record earlier this year as Russia’s invasion of Ukraine curtails shipments from one of
Current account deficit likely to hit three-year high at $43.8 bn in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/current-account-deficit-likely-to-hit-three-year-high-at-43-8-bn-in-fy22-122060900749_1.html The country’s current account deficit is likely to hit a three-year high of 1.8 per cent or USD 43.81 billion in FY22, as