Clipped from: https://economictimes.indiatimes.com/markets/expert-view/reopening-trade-is-for-real-lots-of-engines-still-to-fire-mihir-vora/articleshow/87739177.cmsSECTIONSReopening trade is for real; lots of engines still to fire: Mihir VoraLast Updated: Nov 16, 2021, 05:32 PM ISTSynopsis “Everything which is travel
Category: Economy
Booming stock market and ailing economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/booming-stock-market-and-ailing-economy-121111501631_1.html It is very good that the public authorities are interested in economic growth but the approach needs to change In India, the stock market prices
Economy set to recover on low interest rates, softening inflation: RBI bulletin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/economy-set-to-recover-on-low-interest-rates-softening-inflation-rbi-bulletin/article37508633.ece?homepage=true Authors see several positives on the Covid-19 front, in terms of reduced infections and faster vaccinations The Indian economy is poised to regain
Auto debit transaction failure in Oct at 20-month low as economy bounces back – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/october-bounce-rates-for-auto-debit-transactions-at-pre-covid-level/article37498865.ece?homepage=true Lenders too report rising recovery rate Bounce rates for auto debit transactions dropped to pre-Covid levels in October indicating easing of stress amongst
People holding cash for emergency rather than transactions: SBI Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/people-holding-cash-for-emergency-rather-than-transactions-sbi-report/articleshow/87718390.cmsSynopsis The formalization efforts are bearing major fruit in terms of currency /GDP ratio. The research report by the country’s largest lender estimates that
Message from MGNREGA | Business Standard Editorials
Low-skill manufacturing jobs needed to sustain economic growth The economic impact of the pandemic and the ongoing recovery have exacerbated the duality in the Indian economy. While
Rates to remain benign, corp credit revival likely in 4-6 months: SBI chief | Business Standard News
lipped from: https://www.business-standard.com/article/finance/rates-to-remain-benign-corp-credit-revival-likely-in-4-6-months-sbi-chief-121111400989_1.html In a Q&A, the lender’s chairman Dinesh Khara says the banking system awaits a restructuring proposal from Vodafone-Idea Dinesh Kumar Khara, Chairman, SBI
India Inc earnings hit record Rs 2.4 trillion in September quarter | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-earnings-hit-record-rs-2-4-trillion-in-september-quarter-121111500046_1.html Banks, oil & gas, metal firms lead 46.4% rise in profit in Q2 Illustration: Ajay Mohanty India’s top listed companies reported their best-ever quarterly net
Economy ‘bouncing back’, set to record highest-ever exports of $550 billion in 2021-22: Piyush Goyal – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/economy-bouncing-back-set-to-record-highest-ever-exports-of-550-billion-in-2021-22-piyush-goyal/article37486941.ece?homepage=true Trade fair starting on Sunday will tell the world that ‘India is back in business’, he says The economy is “bouncing back” strongly with festive
Global inflation conundrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/global-inflation-conundrum-121110901959_1.html RBI should continue the unwinding process Higher inflation has complicated policy choices for most central banks, including in advanced economies. Central banks reduced interest rates
Slow growth: No clear signs of industrial revival – The Financial Express
Clipped from: https://www.financialexpress.com/economy/slow-growth-no-clear-signs-of-industrial-revival/2368260/ Finance minister Nirmala Sitharaman has said the economy hasn’t so far reached the level where liquidity support could be rolled back by the
Monetary gear shifts pose challenges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/monetary-gear-shifts-pose-challenges/articleshow/87544250.cmsSynopsis The RBI must accommodate the requirements of growth, while using its sizeable reserves of foreign exchange and control of cross-border capital flows to
The recovery toolkit: The Hindu Editorial on tax policy and economic recovery – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/the-recovery-toolkit-the-hindu-editorial-on-tax-policy-and-economic-recovery/article37330430.ece The economic recovery remains fragile; rebooting tax policy may help The latest string of official numbers, including almost-record GST collections, healthy direct tax
There are signs of increasing formalisation of the economy, but more precise data is needed to capture the trend accurately | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-economy-coronavirus-pandemic-mnrega-7607868/ In the absence of data, it is difficult to know for sure, both, the extent to which the informal economy continues to struggle,
Telecom shines: Electronics exports surge, may hit record $15 billion in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/telecom-shines-electronics-exports-surge-may-hit-record-15-billion-in-fy22/2363197/ However, in the first half of the current fiscal, such exports surged 59% to $6.2 billion. Overseas despatches are expected to spike in
Centre cuts excise duty on petrol by Rs 5, diesel by Rs 10 in Diwali reprieve – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/centre-to-cut-excise-duty-on-petrol-by-rs-5-diesel-by-rs-10-from-tomorrow/articleshow/87512822.cmsSynopsis In the global market, oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks
Fed rolls out bond-buying ‘taper,’ holds to ‘transitory’ inflation belief | Business Standard News
lipped from: https://www.business-standard.com/article/international/fed-unveils-bond-buying-taper-sticks-with-transitory-inflation-belief-121110301856_1.html Fed’s Powell: inflation should subside as bottlenecks ease Photo: Bloomberg The Federal Reserve on Wednesday said it will begin trimming its monthly bond
supply chain: Supply chain crisis risks taking the global economy down with it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/supply-chain-crisis-risks-taking-the-global-economy-down-with-it/articleshow/87500861.cmsSynopsis Behind the logjams lies a mix of overloaded transportation networks, shortages of labor at key chokepoints, and demand in the U.S. that’s been
Exports rise for 11th month, up 43.3% in October – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exports-rise-for-11th-month-up-43-3-in-october/articleshow/87479003.cmsSynopsis Official data released on Monday showed a 62.48% rise in imports leaving a trade deficit of $19.9 billion compared to $9.15 billion and
FM Nirmala Sitharaman asks transport, petroleum, steel ministries to front load capex spending – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/fm-nirmala-sitharaman-asks-transport-petroleum-steel-ministries-to-front-load-capex-spending/articleshow/87494622.cmsSynopsis In continuance to the drive towards accelerated capital spending and timely infrastructure development, she chaired review meetings with the Ministry of Road Transport
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