Clipped from: https://www.business-standard.com/article/opinion/banking-on-slower-recovery-121030901718_1.html The Centre’s current deficit glide path reveals a conservative stance on growth While presenting her Budget for 2021-22, Finance Minister Nirmala Sitharaman had announced the
Category: Economy
US weekly jobless claims at four-month low; labour market regaining footing | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-weekly-jobless-claims-at-four-month-low-labour-market-regaining-footing-121031200081_1.html Unadjusted claims dropped 47,170 to 709,458 last week, amid declines in Texas, New York and Mississippi, where claims had been boosted in the
India may not hit pre-Covid growth levels before 2025: Gita Gopinath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/interviews/india-may-not-hit-pre-covid-growth-levels-before-2025-gita-gopinath/articleshow/80491306.cmsSynopsis “Lots of pandemic measures have been put in place in India and everywhere else in the world, given where the financial system was
A higher operative inflation target may hurt growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/a-higher-operative-inflation-target-may-hurt-growth/articleshow/81450628.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The recent firming up of food prices, cooking gas and rising petrol prices are expected to push CPI-consumer price index (CPI) inflation up
Cement industry expected to grow 13% by volume in FY22: Crisil Ratings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/india-chairing-taliban-sanctions-committee-key-factor-behind-inclusion-in-high-table/articleshow/81455625.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The decision to include India as the chair of this important sanctions committee in the UN significantly shaped the move to have India
India’s February fuel demand falls to 5-month low – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/indias-february-fuel-demand-falls-to-5-month-low/articleshow/81453555.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Consumption of fuel, a proxy for oil demand, fell 4.9% to 17.2 million tonnes year-on-year in February, data from the Petroleum Planning and
India economy: Five uncertainties for the world’s fastest-growing major economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/five-uncertainties-for-the-worlds-fastest-growing-major-economy/articleshow/81455013.cms Synopsis–Let’s acknowledge that even with strong double-digit growth in FY22, India’s GDP as FY23 begins will be just about bigger than the FY20
Is the stock market in a bubble? Though bulls are running amok, investors should be cautious now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/is-the-stock-market-in-a-bubble-though-bulls-are-running-amok-investors-should-be-cautious-now/articleshow/81363115.cms Synopsis–As the economy limps back to normalcy, demand recovery still remains nascent and vulnerable. While optimism seems high and the stock market bulls
Vaccines unlikely to be a silver bullet for the global economy: Moody’s – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/vaccines-unlikely-to-be-a-silver-bullet-for-the-global-economy-moodys/articleshow/81445698.cmsSynopsis Gross Domestic Product growth will depend on how countries manage the virus through vaccination programmes and other measures, but the longer-term economic impact
India’s growth in FY22 will be a story of two halves: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-growth-in-fy22-will-be-a-story-of-two-halves-crisil/article34026613.ece Says recovery won’t be easy with scars of the pandemic deep for small businesses Crisil expects India’s gross domestic product (GDP) growth to
Measured incentives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/measured-incentives/article34029774.ece The Centre must assess the performance of the initial set of PLI beneficiaries before expanding the list The government is promoting Production Linked
Asset monetisation will bring paradigm shift in infra augmentation: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/asset-monetisation-will-bring-paradigm-shift-in-infra-augmentation-fm/article34030124.ece Finance Minister Nirmala Sitharaman on Tuesday said that asset monetisation needs to be viewed not just as a funding mechanism, but as an
Dealing with tariff complaints | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/dealing-with-tariff-complaints-121030901706_1.html WTO’s India review shows protectionism has alienated partners The recently released minutes of the meeting at the World Trade Organization (WTO) to discuss
Calibrating PSL with new banks – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/calibrating-psl-with-new-banks/2209461/ Repetitive priority sector lending (PSL) shortfall needs to be channelised to, for instance, infrastructure effectively PSL directions last revised in September 2020, require
Budget underestimates taxes for FY21 and FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/budget-underestimates-taxes-for-fy21-and-fy22/2210152/ The actual tax collection in FY21 could be of about Rs 21.25 lakh crore. This will have an impact on the budgeted estimates
Paying For Housework: Will Tamil Nadu model work? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/paying-for-housework-will-tamil-nadu-model-work/2210210/ TN parties promising to pay women for unpaid domestic work is welcome, but there are many challenges to consider, too The NSSO’s Time
The recovery risks | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-recovery-risks-121031001670_1.html Economic management in India will remain tricky The Joe Biden administration plans to spend $1.9 trillion to stimulate economic activity in the US. Such a
Logistics policy to go to Cabinet for approval, aims to ease goods movement | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/logistics-policy-to-go-to-cabinet-for-approval-aims-to-ease-goods-movement-121031001446_1.html Indian industry pays a high logistics cost, hurting the competitiveness of domestic goods in the international market. A national grid of logistics parks
Given the limitations of monetary policy, a fiscal push is crucial for sustained growth recovery–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/india-economy-rbi-monetary-policy-gdp-growth-msme-sector-7221515/ Given the limitations of monetary policy, a fiscal push is crucial for sustained growth recovery. Gross value added (GVA) at basic prices registered
Asset monetisation a ‘paradigm shift’: FM Nirmala Sitharaman | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/asset-monetisation-a-paradigm-shift-fm-nirmala-sitharaman-7221537/ India’s vision of a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, can only be achieved through
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