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
Category: Economy
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
Auto finance to rebound only by next fiscal mid: Cholamandalam Investment | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/auto-finance-to-rebound-only-by-next-fiscal-mid-cholamandalam-investment-121110201614_1.html Sees demand rising but no big bang, says multiple issues affecting disbursement growth such as second Covid wave and chip shortage With longer
India needs a PLI for steel – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-needs-a-pli-for-steel/2361464/ Sino-Indian tensions telling on Indian iron-ore exports, PLI can catalyse domestic value addition The fortunes of the Indian producers in terms of exports
Is the economic recovery V, K or W shaped? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-the-economic-recovery-v-k-or-w-shaped/article37238131.ece Given the complex nature of the post pandemic recovery, English alphabets may be inadequate in explaining it Economists are busy describing the shape
RBI’s hard choice: Sustaining growth versus controlling inflation -Watch | The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/watch-rbis-hard-choice-sustaining-growth-versus-controlling-inflation/article37283240.ece A few weeks ago, the high prices of food commodities made headlines nationally. Additionally, fuel prices are also at near all-time highs. A
GST collections may break all records soon: Revenue secretary Tarun Bajaj | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-collections-may-break-all-records-soon-revenue-secretary-tarun-bajaj-121110200082_1.html Bajaj expects the collections to break the Rs 1.4-trillion record Revenue secretary Tarun Bajaj The uptrend in GST collections will continue in the remaining quarters,
Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/small-medium-issue-economic-recovery-gaining-steam-but-low-income-groups-demand-msmes-are-concerns/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Fiscal cushion | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/centre-gross-tax-revenues-growth-7603225/ Improved finances gives Centre leeway to slash fuel excise duties, but a renewed spending spree is avoidable Not only has the pandemic had
