Category: Economy
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
👍👍👍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
👍👍👍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
👍👍👍👍👍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’
How would you rate NDA’s performance on a scale of 1 to 5?My score would be 2.5, which is 50 per cent. There has been
FTAs need to deliver for buoyant external trade
The NDA sought to set the bar high for India’s external trade when it formed the government in 2014, setting targets to double exports of
Household debt registered new high by Q3FY24, savings plummeted: Report | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/household-debt-registered-new-high-by-q3fy24-savings-plummeted-report-124040900472_1.html Clipped from: https://www.business-standard.com/economy/news/household-debt-registered-new-high-by-q3fy24-savings-plummeted-report-124040900472_1.html A report by Motilal Oswal said that households’ net savings plummeted to a six-year low level of 18.4 per cent of GDP
Ratio of GST collections to GDP is increasing, albeit at a slow pace | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/ratio-of-gst-collections-to-gdp-is-increasing-albeit-at-a-slow-pace-124040900613_1.html Clipped from: https://www.business-standard.com/economy/news/ratio-of-gst-collections-to-gdp-is-increasing-albeit-at-a-slow-pace-124040900613_1.html GST receipts rose more than GDP growth in nominal terms in the past three years. But buoyancy came down from 1.6 to
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