https://www.thehindubusinessline.com/opinion/editorial/slowing-nominal-growth-poses-a-challenge-to-the-centre/article67719504.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/slowing-nominal-growth-poses-a-challenge-to-the-centre/article67719504.ece High nominal GDP growth gives the Centre headroom to stay within its fiscal deficit and debt-to-GDP targets even if its spending overshoots
Category: Economy
Rising veg thali costs signal heightened food inflation and anticipated December headline inflation surge – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/veg-thali-became-costlier-food-inflation-likely-to-rise-further-so-is-december-headline-inflation/article67719355.ece Clipped from: https://www.thehindubusinessline.com/economy/veg-thali-became-costlier-food-inflation-likely-to-rise-further-so-is-december-headline-inflation/article67719355.ece Experts anticipate near 6% retail inflation, attributing it to escalating food prices, especially pulses and cereals, despite some moderation expected in vegetable
India’s exports may plunge $30 bn owing to disturbance in Red Sea
https://www.business-standard.com/economy/news/india-s-exports-may-plunge-30-bn-owing-to-disturbance-in-red-sea-124010800798_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-exports-may-plunge-30-bn-owing-to-disturbance-in-red-sea-124010800798_1.html Yemen’s Iran-backed Houthi militants have targeted vessels transiting through the Red Sea with missiles. The Houthis say they are going after any
GDP growth data suggests a robust recovery
https://www.business-standard.com/opinion/columns/gdp-growth-data-suggests-a-robust-recovery-124010600008_1.html Clipped from: https://www.business-standard.com/opinion/columns/gdp-growth-data-suggests-a-robust-recovery-124010600008_1.html Economy-wide modelling while facing multiple exogenous shocks is clearly a task that is challenging and risky The First Advance Estimates (FAE) for
Red Sea-Somali piracy shakes shipping industry, international trade
https://www.business-standard.com/economy/news/red-sea-somali-piracy-shakes-shipping-industry-international-trade-124010700639_1.html Clipped from: https://www.business-standard.com/economy/news/red-sea-somali-piracy-shakes-shipping-industry-international-trade-124010700639_1.html Shippers face 25% higher cost due to rerouting Red Sea (Photo: Bloomberg) Increasing attacks on merchant vessels travelling through the Red Sea
Interim Budget 2024-25 likely to set nominal GDP growth at 10-10.5%
https://www.business-standard.com/budget/news/interim-budget-2024-25-likely-to-set-nominal-gdp-growth-at-10-5-124010700633_1.html Clipped from: https://www.business-standard.com/budget/news/interim-budget-2024-25-likely-to-set-nominal-gdp-growth-at-10-5-124010700633_1.html Govt may finalise FY25 Interim Budget assumption this week Listen to This Article The Interim Budget for 2024-25 (FY25) to be presented
India’s forex reserves rise to the highest level in 21 months – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/indias-forex-reserves-rise-to-the-highest-level-in-21-months/article67710468.ece Clipped from: https://www.thehindubusinessline.com/economy/indias-forex-reserves-rise-to-the-highest-level-in-21-months/article67710468.ece Forex reserves surge $2.759 billion to $623.20 billion India’s foreign exchange reserves rose $2.759 billion to $623.20 billion in the week ended
Russian oil losing competitive edge in India as prices rise – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/commodities/russian-oil-losing-competitive-edge-in-india-as-prices-rise/article67708668.ece Clipped from: https://www.thehindubusinessline.com/markets/commodities/russian-oil-losing-competitive-edge-in-india-as-prices-rise/article67708668.ece Less attractive discounts, rather than payment bottlenecks, compelled refiners to seek alternative crude oil sources, India’s Oil Minister Hardeep Singh Puri said
Minutes of Fed meeting points to rate cuts, boosts crude oil prices – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/commodities/minutes-of-fed-meeting-indicating-rate-cuts-boosts-crude-oil-prices/article67708689.ece Clipped from: https://www.thehindubusinessline.com/markets/commodities/minutes-of-fed-meeting-indicating-rate-cuts-boosts-crude-oil-prices/article67708689.ece The minutes of the meeting highlighted that inflation is under control in the US, and the risks that an ‘overly restrictive’ monetary
Commerce Secretary convenes meeting on Red Sea situation – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/commerce-secretary-convenes-meeting-on-red-sea-situation/article67707044.ece lipped from: https://www.thehindubusinessline.com/economy/commerce-secretary-convenes-meeting-on-red-sea-situation/article67707044.ece The Commerce Secretary convened a meeting of senior officials on Thursday to take stock of the effect of the continued attacks on
Sustained rise in pvt capex is imminent with strong corporates’ books: MCA
https://www.business-standard.com/economy/news/sustained-rise-in-pvt-capex-is-imminent-with-strong-corporates-books-mca-124010300842_1.html Clipped from: https://www.business-standard.com/economy/news/sustained-rise-in-pvt-capex-is-imminent-with-strong-corporates-books-mca-124010300842_1.html According to government data, private companies account for 95.6 per cent of the total active companies as of November 2023 Listen to
A year of Australia-India FTA: Great start but lots to do
https://www.business-standard.com/opinion/columns/a-yr-of-australia-india-fta-great-start-but-lots-to-do-124010201161_1.html Clipped from: https://www.business-standard.com/opinion/columns/a-yr-of-australia-india-fta-great-start-but-lots-to-do-124010201161_1.html ECTA provides the framework for long-term growth in our trade. Ninety-six per cent of Indian goods now enter Australia completely tariff-free. That
Red Sea strife could rock India – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/red-sea-strife-could-rock-india/article67699494.ece Clipped from: https://www.thehindubusinessline.com/opinion/red-sea-strife-could-rock-india/article67699494.ece It could disrupt shipping routes and India’s exports, as a spillover effect of the Israel war As if 2024 wasn’t starting on
👌Financial inclusion, a great leap forward – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/financial-inclusion-a-great-leap-forward/article67696272.ece Clipped from: https://www.thehindubusinessline.com/opinion/financial-inclusion-a-great-leap-forward/article67696272.ece The RBI’s Financial Inclusion Index has shown notable improvement, thanks to the Jan Dhan scheme and support extended to cooperative banks by
Govt project announcements, capex at new low, completion rates slow
https://www.business-standard.com/economy/news/govt-project-announcements-capex-at-new-low-completion-rates-slow-124010100816_1.html Clipped from: https://www.business-standard.com/economy/news/govt-project-announcements-capex-at-new-low-completion-rates-slow-124010100816_1.html It was at Rs 26,987 crore in the three months ended December, according to data from project tracker Centre for Monitoring Indian
India may see lower savings from Russian oil in 2024 as discounts dip
https://www.business-standard.com/economy/news/india-may-see-lower-savings-from-russian-oil-in-2024-as-discounts-dip-124010100388_1.html Clipped from: https://www.business-standard.com/economy/news/india-may-see-lower-savings-from-russian-oil-in-2024-as-discounts-dip-124010100388_1.html Russian imports accounted for 39% of India’s overall crude imports last year from 16% in 2022 Photo: Bloomberg Listen to This Article
👌Commerce Ministry seeks exporters’ inputs on reducing compliance burden – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/commerce-ministry-seeks-exporters-inputs-on-reducing-compliance-burden/article67695474.ece Clipped from: https://www.thehindubusinessline.com/economy/commerce-ministry-seeks-exporters-inputs-on-reducing-compliance-burden/article67695474.ece Policies and procedures to be modified based on feedback to improve business environment The Commerce and Industry Ministry has asked export promotion
👌With 152 million domestic passengers, 2023 air traffic beats pre-Covid record – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/with-152-million-domestic-passengers-2023-air-traffic-beats-pre-covid-record/article67695513.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/with-152-million-domestic-passengers-2023-air-traffic-beats-pre-covid-record/article67695513.ece “It’s a historic achievement,” says civil aviation minister Jyotiraditya Scindia Domestic airlines flew 152 million passengers in 2023, surpassing the pre-Covid high
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