Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/growth-over-fighting-inflation/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Monetary Policy Committee (MPC) has voted for
Category: Economy
Auto sector sees revival in recruitment activity amid festive demand pick up – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/auto-sector-sees-revival-in-recruitment-activity-amid-festive-demand-pick-up/articleshow/79567170.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 SynopsisExecutive search firm ManpowerGroup India got 30 to 35% more job positions in auto and related sectors in September–October compared to hiring in
Socrates, status quo and solutions: What Shaktikanta Das talked of at RBI’s last policy review of 2020 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/socrates-status-quo-and-solutions-what-shaktikanta-das-talked-of-at-rbis-last-policy-review-of-2020/articleshow/79560009.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Das made some important observations about the current economic situation, before closing his address with a quote from Socrates: “We can be bitter
Why not open Indian companies, both stressed and prime performers, to foreign lenders? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/why-not-open-indian-companies-both-stressed-and-prime-performers-to-foreign-lenders/articleshow/79570701.cms Unlike the affected countries in 1997, India does have healthy foreign exchange reserves, recently amounting to $568 billion. SynopsisUS fund Oaktree lent Rs
Why Shaktikanta Das can’t afford to follow other central banks’ Covid playbooks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/why-shaktikanta-das-cant-afford-to-follow-other-central-banks-covid-playbooks/articleshow/79566630.cms SynopsisIndia’s flexible inflation targeting introduced four years ago ties the central bank’s hands when it comes to interest rates as it is mandated
In farmers’ protests, the core is procurement – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/in-farmers-protests-the-core-is-procurement/article33243166.ece?homepage=true Farmers of Punjab and Haryana need the MSP-procurement system, but the government needs it even more for the PDS Farmers’ protests have erupted
Biden’s America – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/bidens-america/article33242540.ece While the President-elect promotes multilateralism, India will be important vis-a-vis China With Donald Trump finally in exit mode and US President-elect Joe Biden
Exports fall 9% in November, imports decline 13.33% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/exports-fall-9-in-november-imports-decline-1333/article33238222.ece Exporters seek easier refund of GST, raw material at reasonable prices India’s exports of goods in November 2020 fell 9.07 per cent to
Markets for export | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/markets-for-export-120120301514_1.html Target unrealistic while govt frowns on trade deals Union Commerce and Industry Minister Piyush Goyal on Wednesday reaffirmed the government’s commitment to an
Fiscal fault lines | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fiscal-fault-lines-120120301516_1.html Govt finances might affect economic recovery The Indian economy contracted at a much slower pace in the second quarter of the current fiscal year. While
Slow, steady steps to CAC – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/slow-steady-steps-to-cac/2141995/ India needs to permit selected “other financial institutions” to access the FX market to a particular limit. This would increase both liquidity and
Evaluating India’s stance on RCEP – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/evaluating-indias-stance-on-rcep/2141965/ Logically, it makes far more sense for India to have bilateral trade deals with China, before it looks at the RCEP. But this
Indian economy is gradually recovering: IMF – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indian-economy-is-gradually-recovering-imf/articleshow/79551710.cmsSynopsis India’s economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5
परस्पर विश्वासाची गरज –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/editorial-on-modi-government-and-farmers-protest-in-delhi/articleshow/79514406.cms केंद्राच्या तीन कृषी कायद्यांच्या विरोधात राजधानी दिल्लीला घेरून टाकलेल्या शेतकरी आंदोलनावर तोडगा काढण्यासाठी मंगळवारी झालेल्या चर्चेतून काहीही निष्पन्न झाले नसले तरी चर्चेला किमान
महाराष्ट्र कुठे चुकतोय? –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/chief-minister-yogi-adityanaths-visit-to-maharashtra-to-attract-business-and-bollywood-to-his-state/articleshow/79540305.cms गेल्या काही वर्षांमध्ये भारतातील इतर राज्यांमधील परदेशी किंवा स्वदेशी गुंतवणुकीचे आकडे उजेडात आले किंवा इतर राज्यांचे मुख्यमंत्री गोफणगुंडा घेऊन मुंबईत आले की, एकदम
Questionable data, little room for exuberance – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece?homepage=true Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest The decline in the quarterly
Choppy tidings: The Hindu Editorial on higher GST inflows – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/choppy-tidings-the-hindu-editorial-on-higher-gst-inflows/article33234453.ece?homepage=true The govt. must do more for sectors that are employment-intensive before the next Budget Revenues from the GST crossed the ₹1-lakh crore mark for
Look beyond rate cut to boost credit flow – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/look-beyond-rate-cut-to-boost-credit-flow/article33233880.ece The RBI’s steps have ensured adequate liquidity and lower interest rates. Banks must now step up and boost lending Ever since the pandemic
Global reset – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/global-reset/article33233781.ece?homepage=true Covid-induced economic crisis is altering paradigms in trade and policy-making The 37-member, EU-dominated, Organisation of Economic Cooperation and Development (OECD) has broadly concurred
Fiscal support can contain GDP contraction – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fiscal-support-can-contain-gdp-contraction/article33233731.ece?homepage=true The positive momentum in manufacturing and construction is likely to continue in the third and fourth quarters – Bloomberg The positive momentum in