Clipped from: https://www.business-standard.com/article/opinion/growth-optimism-will-govt-s-own-investment-and-exports-be-enough-121080601418_1.html A step jump in medium-term growth rates, of the kind projected, needs all four engines of the economy to be firing. But the
Category: Economy
MPC status quo has a different subtext – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-rbi-expects-inflation-to-ease-in-the-third-quarter/article35772764.ece?homepage=true The RBI expects inflation to ease in the third quarter – AFP The RBI needs to take strong steps to deal with excess
Time for caution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/amidst-inflation-fears-and-growth-concerns-rbi-betrays-worries-about-managing-bond-markets/article35772617.ece?homepage=true Amidst inflation fears and growth concerns, RBI betrays worries about managing bond markets The Monetary Policy Committee has held rates for the seventh
Why the record low fiscal deficit of June quarter is unlikely to sustain – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/why-the-record-low-fiscal-deficit-of-june-quarter-is-unlikely-to-sustain/article35699962.ece?homepage=true Robust direct tax collections and the surplus transfer from the RBI have saved the day, combined with a tighter rein on revenue expenditure.
PM suggests 4-point strategy to achieve $400-b exports in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pm-suggests-4-point-strategy-to-achieve-400-b-exports-in-fy22/article35775121.ece?homepage=true Rues that export basket remains limited to a few goods, destinations Prime Minister Narendra Modi today listed four factors to boost exports and
RBI keeps repo rate steady to support nascent recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-maintains-status-quo-on-key-rates/article35758235.ece?homepage=true Forecasts rise in retail inflation; to conduct four VRRR auctions to mop up liquidity As widely expected, the RBI’s Monetary Policy Committee (MPC)
RBI needs to watch out for threats to financial stability–TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/rbi-needs-to-watch-out-for-threats-to-financial-stability/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
Inflation: What’s causing structurally high inflation in India? ANZ Bank’s Sanjay Mathur explains – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/whats-causing-structurally-high-inflation-in-india-anz-banks-sanjay-mathur-explains/articleshow/85060019.cmsSynopsis “The May CPI reading of 6.30% year-on-year was quite telling. Whichever way you dissect it — look at core or the super-core, there
Subdued revenue spend may hit economic recovery, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/subdued-revenue-spend-may-hit-economic-recovery-say-economists-121080600029_1.html Experts say reduction in revenue expenditure may not result in capex rise Illustration: Binay Sinha The Centre’s capital expenditure saw a robust double-digit growth in
Move to do away with infamous retro tax will boost investment sentiments | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/move-to-do-away-with-infamous-retro-tax-will-boost-investment-sentiments-121080501695_1.html The Bill now introduced in the Parliament proposes to provide that no tax demand shall be raised on indirect transfers effected prior to
Retro tax must be resolved via Indian law, not arbitral award: Somanathan | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/retro-tax-must-be-resolved-via-indian-law-not-arbitral-award-somanathan-121080600035_1.html Somanathan says that the government doesn’t support retrospective taxation since it creates sudden and fresh liability and is not in line with the
‘Disbursements set to grow, while NPAs will decline’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/disbursements-set-to-grow-while-npas-will-decline/article35740624.ece?homepage=true Mahindra Finance sees continued demand pick-up in July Mahindra and Mahindra Financial Services has seen an improvement in rural sentiment as the second
PLI scheme for Atmanirbhar Bharat: An elusive Philosopher’s Stone! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-scheme-for-atmanirbhar-bharat-an-elusive-philosophers-stone/article35716071.ece For a self-reliant India, one needs generic policies that will enhance overall competitiveness. One needs to adopt modern chemistry The process of converting
Inflation risks | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/inflation-risks-121080301969_1.html RBI should give a near-term road map for policy normalisation Most economists do not expect the Monetary Policy Committee (MPC) to change either the policy
RBI monetary policy meet: Beyond the growth-inflation trade-off | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-monetary-policy-meet-beyond-the-growth-inflation-trade-off-121080302015_1.html An accommodative stance on monetary policy (unchanged since June’19), in the face of an unfavourable growth-inflation trade-off is understandable for now Tirthankar Patnaik,
Focus on capital formation is the best way to create employment: L&T CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/focus-on-capital-formation-is-the-best-way-to-create-employment-l-t-ceo-121080301129_1.html In a Q&A, S N Subrahmanyan says he is confident of margins through overhead recovery despite high input costs File Photo of S
Food-inflation a result of short-sighted policies? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/food-inflation-a-result-of-short-sighted-policies/2302853/ The intermittent invocation of the Essential Commodities Act, especially for pulses in recent months, illustrates this As per government estimates of production, availability
Revenue picture robust, govt must trim fuel levies – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/revenue-picture-robust-govt-must-trim-fuel-levies/2302854/ Given there’s been no direct stimulus—and likely none coming—high fuel taxes and their impact on inflation are unconscionable Going by the current trend,
eway bill: E-way bills clock 64.1 million in July – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/e-way-bills-clock-64-1-million-in-july/articleshow/85003192.cmsSynopsis E-way bills are needed for transportation of goods of more than Rs 50,000 in value. With states easing restrictions and removing lockdowns amid
global trade: India wants to expand its share in global trade, but its exports basket is outdated – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-wants-to-expand-its-share-in-global-trade-but-its-exports-basket-is-outdated/articleshow/84994545.cms SynopsisFor a country that has a contribution of less than 5% in global trade, India’s dreams of achieving a $1-trillion exports target by
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