https://www.business-standard.com/economy/news/reduction-of-logistics-cost-is-a-big-macro-turnaround-for-india-124011000467_1.html Clipped from: https://www.business-standard.com/economy/news/reduction-of-logistics-cost-is-a-big-macro-turnaround-for-india-124011000467_1.html The country will create jobs and encourage consumption and demand by reducing logistic cost VK Yadav, ex chairman, Railway Board and director
Category: Economy
Real wage growth positive in India for second consecutive year: ILO study
https://www.business-standard.com/economy/news/real-wage-growth-positive-in-india-for-second-consecutive-year-ilo-study-124011000807_1.html Clipped from: https://www.business-standard.com/economy/news/real-wage-growth-positive-in-india-for-second-consecutive-year-ilo-study-124011000807_1.html Along with Turkey, India is the only country that saw positive growth in real wages for the second consecutive year after the
Scope of India-UK FTA – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/scope-of-india-uk-fta/article67724326.ece Clipped from: https://www.thehindubusinessline.com/opinion/scope-of-india-uk-fta/article67724326.ece The forthcoming round of talks will give a leg-up From September 18 to December 15, 2023, the UK-India Free Trade Agreement’s thirteenth
Economy to grow at 7.4% this fiscal: PHDCCI – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/economy-to-grow-at-74-this-fiscal-phdcci/article67727000.ece Clipped from: https://www.thehindubusinessline.com/economy/economy-to-grow-at-74-this-fiscal-phdcci/article67727000.ece PHDCCI sees RBI go in for 100 bps repo cut this year, as inflation moderates Industry body PHD Chamber of Commerce and
Slowing nominal growth poses a challenge to the Centre – The Hindu BusinessLine
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
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
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