https://www.thehindubusinessline.com/news/education/niti-aayog-ceo-highlights-education-and-skilling-as-indias-key-to-future-success/article67737948.ece Clipped from: https://www.thehindubusinessline.com/news/education/niti-aayog-ceo-highlights-education-and-skilling-as-indias-key-to-future-success/article67737948.ece Subrahmanyam stressed that India’s growth to a $10-$30 trillion economy depends on expanding skilling, emphasizing continuous education and tech integration in banking
Category: Economy
Listed cos elevate their capex performance, but unlisted cos lag, says CEA Anantha Nageswaran – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/listed-cos-elevate-their-capex-performance-but-unlisted-cos-lag-says-cea-anantha-nageswaran/article67738354.ece Clipped from: https://www.thehindubusinessline.com/economy/listed-cos-elevate-their-capex-performance-but-unlisted-cos-lag-says-cea-anantha-nageswaran/article67738354.ece Emphasises the imperative for swift private capex boost to drive income and employment growth Listed corporate entities are indeed upping their game
Robust revenues: On direct tax collection target and fiscal consolidation – The Hindu
https://www.thehindu.com/opinion/editorial/robust-revenues-on-direct-tax-collection-target-and-fiscal-consolidation/article67734595.ece Clipped from: https://www.thehindu.com/opinion/editorial/robust-revenues-on-direct-tax-collection-target-and-fiscal-consolidation/article67734595.ece Strong direct tax receipts create a fiscal cushion and room for more reforms With little under a quarter left in the financial
Jobs, jobs, jobs
https://www.business-standard.com/opinion/columns/jobs-jobs-jobs-124010801287_1.html Clipped from: https://www.business-standard.com/opinion/columns/jobs-jobs-jobs-124010801287_1.html India needs to optimise capital allocation for enhanced employment opportunities There’s an alternative. There’s always a third way, and it’s not a
Red Sea crisis: Key Ministries to strategise on minimising damage to trade – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/red-sea-crisis-key-ministries-to-strategise-on-minimising-damage-to-trade/article67731170.ece Clipped from: https://www.thehindubusinessline.com/economy/red-sea-crisis-key-ministries-to-strategise-on-minimising-damage-to-trade/article67731170.ece Senior officials will discuss possible solutions to increasing shipping, insurance costs; promote exports to countries not on the route The Commerce Department
7.3% GDP growth very positive, economic climate encouraging: SBI chairman
https://www.business-standard.com/economy/news/7-3-gdp-growth-very-positive-economic-climate-encouraging-sbi-chairman-124011000437_1.html Clipped from: https://www.business-standard.com/economy/news/7-3-gdp-growth-very-positive-economic-climate-encouraging-sbi-chairman-124011000437_1.html Last month, the RBI had upwardly revised its estimate to 7 per cent from 6.5 per cent earlier, and termed the new
Reduction of logistics cost is a big macro turnaround for India
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
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