Category: Economy
Focus on capex-led growth strategy to continue, FinMin Indicates – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/focus-on-capex-led-growth-strategy-to-continue-finmin-indicates/article67680602.ece Clipped from: https://www.thehindubusinessline.com/economy/focus-on-capex-led-growth-strategy-to-continue-finmin-indicates/article67680602.ece Centre’s capex outlay has increased from 2.15 per cent of GDP in 2020-21 to 2.7 per cent in 2022-23 The Centre will
Editorial. Services exports have come of age, but less so merchandise – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/services-exports-have-come-of-age-but-less-so-merchandise/article67680376.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/services-exports-have-come-of-age-but-less-so-merchandise/article67680376.ece Exports have moved up the value chain and are less vulnerable to changes in global demand The latest Balance of Payments data
India to begin FTA talks with Russia-led economic bloc in Jan: Jaishankar
https://www.business-standard.com/economy/news/india-to-begin-fta-talks-with-russia-led-economic-bloc-in-jan-jaishankar-123122701121_1.html Clipped from: https://www.business-standard.com/economy/news/india-to-begin-fta-talks-with-russia-led-economic-bloc-in-jan-jaishankar-123122701121_1.html India, Russia to step up discussions on an investment pact, multiple connectivity routes Foreign Minister S Jaishankar (left) and his Russian counterpart
Red Sea disruption – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/red-sea-disruption/3347261/ Clipped from: https://www.financialexpress.com/opinion/red-sea-disruption/3347261/ There are heightened risks of an adverse impact on India’s export costs. X The geopolitical risks of the ongoing war between Hamas
PLI schemes attracted over Rs 95,000 cr investment till Sep 2023: Centre
https://www.business-standard.com/industry/news/pli-schemes-attracts-over-rs-95-000-cr-investment-till-sep-centre-123122600771_1.html Clipped from: https://www.business-standard.com/industry/news/pli-schemes-attracts-over-rs-95-000-cr-investment-till-sep-centre-123122600771_1.html According to the Commerce and Industry Ministry, as many as 746 applications have been approved till November 2023 under these schemes It
Is our export growth broadbased? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/is-our-export-growth-broadbased/article67677577.ece Clipped from: https://www.thehindubusinessline.com/opinion/is-our-export-growth-broadbased/article67677577.ece Looking ahead. India must focus on labour-intensive exports, diversify services exports and be guarded on FTAs India’s GDP is significantly influenced by
Debt debate: The Hindu Editorial on the IMF’s latest India consultation details, Finance Ministry’s response – The Hindu
https://www.thehindu.com/opinion/editorial/debt-debate-on-the-imfs-latest-india-consultation-details-finance-ministrys-response/article67673966.ece Clipped from: https://www.thehindu.com/opinion/editorial/debt-debate-on-the-imfs-latest-india-consultation-details-finance-ministrys-response/article67673966.ece The IMF’s sovereign debt risk assessment for India has spurred a sharp reaction The Finance Ministry, last Friday, issued a statement titled ‘Factual
Current account gap narrows to 1% of GDP at $8.3 bn in Q2FY24: RBI
https://www.business-standard.com/economy/news/current-account-gap-narrows-to-1-of-gdp-at-8-3-bn-in-q2fy24-rbi-123122600728_1.html Clipped from: https://www.business-standard.com/economy/news/current-account-gap-narrows-to-1-of-gdp-at-8-3-bn-in-q2fy24-rbi-123122600728_1.html Services exports grew by 4.2 per cent on a y-o-y basis on the back of rising exports of software, business and travel
Monetarism making a comeback? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/monetarism-making-a-comeback/3346701/ Clipped from: https://www.financialexpress.com/opinion/monetarism-making-a-comeback/3346701/ The reversal of the inflation tide and the relative failure of inflation-targeting central banks to control it has brought the attention back
Red Sea disruption – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/red-sea-disruption/3347261/ Clipped from: https://www.financialexpress.com/opinion/red-sea-disruption/3347261/ There are heightened risks of an adverse impact on India’s export costs. Longer time at sea by vessels would also lead to
👌Is the IMF right on the rupee? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/is-the-imf-right-on-the-rupee/3347258/ Clipped from: https://www.financialexpress.com/opinion/is-the-imf-right-on-the-rupee/3347258/ Movement over Dec 2022-Oct 2023 shows RBI may have been trying to keep the rupee weak. The RBI needs to remember that
👌Inclusive growth
https://www.business-standard.com/opinion/editorial/inclusive-growth-123122500818_1.html Clipped from: https://www.business-standard.com/opinion/editorial/inclusive-growth-123122500818_1.html Inequality can affect economic prospects illustration: Ajay Kumar Mohanty The issue of inequality has attracted significant public attention in the recent period,
👌IMF is biased – The Hindu BusinessLine–editorial
https://www.thehindubusinessline.com/opinion/editorial/imf-is-biased/article67673888.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/imf-is-biased/article67673888.ece Deriding forex policies of emerging economies is bad The IMF has been unfair to India. In its recent Article IV review, it
Rate cuts coming, but how soon? – Money News | The Financial Express
https://www.financialexpress.com/money/your-money-rate-cuts-coming-but-how-soon-3346692/ Clipped from: https://www.financialexpress.com/money/your-money-rate-cuts-coming-but-how-soon-3346692/ The median of the dots indicate 75 basis points (0.75%) rate cut in 2024 and further 100 basis points (1%) rate cut
The future of finance
https://www.business-standard.com/opinion/columns/the-future-of-finance-123122400800_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-future-of-finance-123122400800_1.html Strategic sense about the forces reshaping banking In advanced economies, banking is changing. At first, there was “the fintech revolution”, the idea
A slow stretch lies ahead – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/a-slow-stretch-lies-ahead/article67669673.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/a-slow-stretch-lies-ahead/article67669673.ece With fewer projects in hand, and polls around the corner, the pace of highway construction is set to slacken After several years
Rating snafus – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/rating-snafus/3346708/ Clipped from: https://www.financialexpress.com/opinion/rating-snafus/3346708/ The CEA’s assessment of the opaque methodologies of sovereign credit rating agencies is bang on. Chief economic adviser V Anantha Nageswaran. (Image/IE)
No takers for rupee payment for oil imports: Oil ministry in Parliament
https://www.business-standard.com/economy/news/no-takers-for-rupee-payment-for-oil-imports-oil-ministry-in-parliament-123122400236_1.html Clipped from: https://www.business-standard.com/economy/news/no-takers-for-rupee-payment-for-oil-imports-oil-ministry-in-parliament-123122400236_1.html India’s push for rupee to be used to pay for import of crude oil has not found any takers as suppliers have
‘Attacks on ships in Red Sea to affect crude oil flow from West Asia’
https://www.business-standard.com/economy/news/oil-shipments-from-west-asia-to-be-hit-in-short-term-due-to-drone-attacks-123122400463_1.html Clipped from: https://www.business-standard.com/economy/news/oil-shipments-from-west-asia-to-be-hit-in-short-term-due-to-drone-attacks-123122400463_1.html Iran-backed Houthi attacks lead to rerouting of vessels which can result in higher oil prices Photo: Bloomberg Listen to This Article Growing