Clipped from: https://www.business-standard.com/economy/news/top-precious-metals-driving-india-s-cpi-inflation-cea-nageswaran-124111901056_1.html Premature to say slowdown in urban consumption going to persistent Chief Economic Advisor V. Anantha Nageswaran Listen to This Article The recent spike
Category: Economy
CAD is manageable as India is doing well in services exports: Piyush Goyal | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/cad-is-manageable-as-india-is-doing-well-in-services-exports-piyush-goyal-124111901284_1.html Commerce and Industry Minister Piyush Goyal on Tuesday said that India’s current account deficit (CAD) is manageable as it is doing well in
Lending rate cut still some time away: SBI Managing Director Vinay M Tonse | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/bank-lending-rate-cut-hinges-on-monetary-policy-action-sbi-md-v-tonse-124111901247_1.html SBI MD says banks would look for monetary policy stance and policy rate action to decide actions V Tonse, managing director, State Bank
No commitment to lowering fiscal deficit, says Montek Singh Ahluwalia | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/no-commitment-to-lowering-fiscal-deficit-says-montek-singh-ahluwalia-124111901396_1.html Ahluwalia said if household net savings continue to decrease and fiscal deficit reduction is neglected, it could lead to significant problems, including crowding
Fed Chair Jerome Powell says no need to hurry rate cuts with strong economy | World News – Business Standard
https://www.business-standard.com/world-news/fed-chair-jerome-powell-says-no-need-to-hurry-rate-cuts-with-economy-strong-124111500088_1.html US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered the policy rate again by a quarter
India’s foreign exchange reserves drop $29 billion in the past six weeks | News on Markets – Business Standard
https://www.business-standard.com/markets/news/india-s-foreign-exchange-reserves-drop-29-billion-in-the-past-six-weeks-124111501398_1.html The week ended Nov 15 saw a decline of $6.48 billion, largely due to foreign investment outflows and a decline in the value of
India economy in a ‘sweet spot’, says Moody’s predicting 7.2% GDP growth – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/india-economy-in-a-sweet-spot-says-moodys-predicting-72-gdp-growth/article68872189.ece “Sound economic fundamentals, a stronger external position and ample forex reserves bode well for growth outlook” Moody’s Ratings has predicted India’s economic growth to
CLSA ups India bets, trims China allocation – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/clsa-ups-india-bets-trims-china-allocation/article68872528.ece Cites India’s resilience to trade policy and strong domestic ownership CLSA is reversing its trade that saw a tactical deployment of its over-exposure to
Piyush Goyal says RBI should cut rates, look through food prices – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/piyush-goyal-says-rbi-should-cut-rates-look-through-food-prices/article68867461.ece It is an absolutely flawed theory to consider food inflation while deciding on rates, says Union Minister of Commerce and Industry Piyush Goyal India’s
Indian economy sailing through smoothly amid global headwinds and contradictions: RBI Guv Das – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/indian-economy-sailing-through-smoothly-amid-global-headwinds-and-contradictions-rbi-guv-das/article68868201.ece The Governor observed that the headwinds from geopolitical conflicts, geo economic fragmentation, commodity price volatility and climate change continue to blow Amid global headwinds
How Trump can affect the world economic order – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/how-trump-can-affect-the-world-economic-order/article68869136.ece The President-elect’s ‘America First’ policy and tariff hike threats against China could affect global trade and inflation There has been considerable speculation on what
Slowing capex: Focus more on growth dynamics than changing target norms
https://www.business-standard.com/opinion/columns/slowing-capex-focus-more-on-growth-dynamics-than-changing-target-norms-124111201715_1.html Patterns of capital expenditure have a bearing on economic growth. With their huge spending power, states have as big a role in economic development
Trump trade wars: Significant impact on global growth and trade dynamics
https://www.business-standard.com/opinion/editorial/trump-trade-wars-significant-impact-on-global-growth-and-trade-dynamics-124111402023_1.html In some ways Mr Trump’s actions are reflective of the mainstream of the US political class’s opinion about trade at the moment The election
Foreign funding: Higher FDI to improve growth outcomes for Indian economy
https://www.business-standard.com/opinion/editorial/foreign-funding-higher-fdi-to-improve-growth-outcomes-for-indian-economy-124111201709_1.html India needs to continuously improve its business environment to attract durable foreign saving India needs sustained higher investment to grow at an increased rate
Unpleasant surprise: The more-than-expected inflation number – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/unpleasant-surprise-the-more-than-expected-inflation-number/3663483/?ref=opinion_hp The central government has lowered its GDP growth forecast for the second quarter in FY25 to 6.8% but retains the full-year FY25 growth forecast
loksatta editorial on indian rupee falls to all time low against us dollar | अग्रलेख : काका… मला वाचवा!
lipped from: https://www.loksatta.com/sampadkiya/editorial/loksatta-editorial-on-indian-rupee-falls-to-all-time-low-against-us-dollar-zws-70-4706733/ अग्रलेख : काका… मला वाचवा! चलनवाढीने ६.२ टक्के इतकी उसळी घेतली असून रिझर्व्ह बँकेस व्याजदर वाढवण्याचा विचार करावा लागणार. पण असे काही निवडणुका
👌Shocker to economy: Costlier veggies drive Oct inflation to 14-month high – The Hindu BusinessLine
The persisting rise in vegetable prices dealt a body blow to headline retail inflation with the Consumer Price Index (CPI) surging to a 14-month high
👌Re-examine trade pacts: India must consider entering CPTPP, RCEP
Clipped from: https://www.business-standard.com/opinion/editorial/re-examine-trade-pacts-india-must-consider-entering-cptpp-rcep-124111101707_1.html The two stumbling blocks for entry into the RCEP and CPTPP are, respectively, China and domestic reform Illustration: Binay Sinha Speaking at a
👌China nears record $1 trillion trade surplus as Donald Trump returns | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/china-nears-record-1-trillion-trade-surplus-as-donald-trump-returns-124111101796_1.html The difference between Chinese exports and imports is set to reach almost $1 trillion if it continues to widen at the same pace
Govt hopeful of meeting capital expenditure target for FY25 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-hopeful-of-meeting-capital-expenditure-target-for-fy25/article68856204.ece big push. Aims to meet ₹11.11 lakh crore capex target, may relax cash management norms in Jan-March quarter The government is optimistic of meeting