Category: Economy
अग्रलेख : मिरवावे असे काही…
भारताने जगास दिलेली ‘यूपीआय’ सेवा दहा वर्षांची होत असताना, आपल्याकडील मोबाइल देव-घेव ३१४ लाख कोटी रुपयांवर गेली आहे… https://www.loksatta.com/sampadkiya/editorial/upi-10-years-digital-payment-revolution-india-nandan-nilekani-pramod-varma-ssb-93-6098983/?ref=hometopblock_hp ‘‘भारतीय बँकिंग क्षेत्र ज्या क्रांतीच्या प्रतीक्षेत
RBI’s great dollar haul: Where are the $73 billion going?
Read more at:https://economictimes.indiatimes.com/news/economy/finance/where-has-indias-73-billion-gone-inside-the-rbis-great-dollar-haul/articleshow/133501056.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/news/economy/finance/where-has-indias-73-billion-gone-inside-the-rbis-great-dollar-haul/articleshow/133501056.cms India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains
8.7 crore young Indians are outside work and education. The number hides a bigger problem
https://www.financialexpress.com/policy/economy/8-7-crore-young-indians-are-outside-work-and-education-the-number-hides-a-bigger-problem/4323820/?ref=hometop_hp As per policy advisors and staffing experts interviewed by Financial Express, these numbers point to two big challenges instead of just one. Nearly 8.7
A prudent pause
https://www.financialexpress.com/opinion/a-prudent-pause/4319808 That would be broadly in line with economists’ expectations and give the central bank considerably more room to manage the external account and contain
New trend in gold demand [ demand rising along side price increase ]–will likely escalate import bill –skew the trade balance and trigger foreien exchange outflows [2] Household savings invested in gold are stockpiled and locked out of the financial system [3] Further useful information is given in the editorial and also suggested are ways to tackle the issue–from long term perspective – Courtey BL
Continued [1] historically, bulk of India’s gold purchases has been from jewellery buyers looking to meet wedding commitments, or to use as collateral during distress.
