Category: Economy

👍👍👍IMF said on that the Fed funds rate could fall more slowly than markets now anticipate –Everyone is so focussed on when rate cuts are coming–Courtesy BL

👍👍👍Due to lower international rates India’s oil import bill dips 16% but the dependency on overseas suppliers rose to a new high–Courtesy BL

👍👍👍A shift in expectations on Fed policy action can significantly increase financial market volatility and can affect capital flows –Courtesy BS

FY24 crude import bill falls 16% on Russia discount – Economy News

Despite the volume remaining largely unchanged, India’s crude oil import bill for 2023-24 declined 16% year-on-year to $132.4 billion, primarily because of discounts offered by

All are bullish on India growth story–IMF upgrades FY 25 growth forecast to 6.8% — Courtesy Business Standard

Farm sector expected to grow over 6% on favourable mansoon and low base of the previous year –Courtesy BusinessLine

IMF and all raise India GDP growth forecast to 6.8% plus –Courtesy BusinessLine

Kotak looking forward to ease itself on coverage ration which is 127% as of now –Courtesy BusinessLine

👍👍👍US banks seen booking more commercial property losses, loan sales | World News – Business Standard

https://www.business-standard.com/world-news/us-banks-seen-booking-more-commercial-property-losses-loan-sales-124041700579_1.html lipped from: https://www.business-standard.com/world-news/us-banks-seen-booking-more-commercial-property-losses-loan-sales-124041700579_1.html Buschbom said office loans remain the “biggest pain points” for banks, but he also expects stress in the multifamily sector especially construction

All bigwigs agree on one issue and that is –India’s potential to grow @6.8% [ or even higher ] for FY 25

15 Apr 2024 Anil R Tikotekar

👍👍👍Deposits of senior citizens soared about 150% to ₹34 lakh crore in 5 years: SBI report

Senior citizens are proving to be a great source of stable deposits for the banking system. The attraction of 50 basis points additional interest rate

👍But the US President Mr Biden predicts there will be rate cut before the year end –[2] third consecutive month of higher than expected inflation could deliver a blow to Mr Biden’s prospects–Courtesy Business Standard

🙏On cutting rates, Fed’s Powell advocates patience –in view of strong growth –Courtesy Business Standard

👍👍👍👍👍Reviving disinvestment | Editorial Comment – Business Standard

https://www.business-standard.com/opinion/editorial/reviving-disinvestment-124041100888_1.html Clipped from: https://www.business-standard.com/opinion/editorial/reviving-disinvestment-124041100888_1.html Consumption-based borrowing by the household sector makes investment capital even more expensive Unlike many developing countries, India is blessed with a high

👍👍👍👍👍India’s economy boosts jobs, but for unskilled and semi-skilled workers | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/the-skill-handicap-124041100720_1.html Clipped from: https://www.business-standard.com/economy/news/the-skill-handicap-124041100720_1.html It is not really a case of jobless growth, just that job creation is more for the low-skilled Photo: Shutterstock The growing

FTAs and farm exports: A mixed bag

Negotiating trade deals and concluding them with developed nations is challenging due to numerous complex clauses, conditions, and terms that need to be met and

Uday Kotak sounds alarm bells on global economy; says US Fed may postpone rate cuts, China the ‘only wild card’

Veteran banker Uday Kotak took to platform X on Thursday to warn investors of possible global turbulence, citing several factors.The former MD and CEO of

‘Indifferent export performance is straining BOP’