https://www.businesstoday.in/latest/economy/story/lower-nominal-gdp-growth-may-lead-to-fiscal-deficit-target-being-breached-experts-411324-2023-12-29 Clipped from: https://www.businesstoday.in/latest/economy/story/lower-nominal-gdp-growth-may-lead-to-fiscal-deficit-target-being-breached-experts-411324-2023-12-29 FY24 fiscal deficit likely to come in at 6% versus target of 5.9% Lower nominal GDP growth may lead to fiscal deficit
Category: Economy
Giving consumption a boost – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/giving-consumption-a-boost/3351095/ Clipped from: https://www.financialexpress.com/opinion/giving-consumption-a-boost/3351095/ There is a case for lowering the tax incidence against the backdrop of the positive economic environment prevailing at the moment. (image:
Fewer worries on external account next year – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/fewer-worries-on-external-account-next-year/article67687519.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fewer-worries-on-external-account-next-year/article67687519.ece A fall in merchandise trade deficit as well as strong services exports have kept the current account deficit in check India’s external
Fiscal deficit down, Core sector growth soars in Apr-Nov – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/fiscal-deficit-down-core-sector-growth-soars-in-apr-nov/article67687546.ece Clipped from: https://www.thehindubusinessline.com/economy/fiscal-deficit-down-core-sector-growth-soars-in-apr-nov/article67687546.ece Centre’s CAPEX Push Continues, Spend up 31% at ₹ 5.86 lakh crore in April-November 2023 As the year 2023 draws to a
Fiscal deficit contained at 50.7% of FY24 budget estimate in Apr-Nov
https://www.business-standard.com/economy/news/fiscal-deficit-contained-at-50-7-of-fy24-budget-estimate-in-apr-nov-123122900874_1.html Clipped from: https://www.business-standard.com/economy/news/fiscal-deficit-contained-at-50-7-of-fy24-budget-estimate-in-apr-nov-123122900874_1.html The Government, CGA data indicates, is moving towards fiscal consolidation, with improved tax collections compared to the April-October period and compressed capital
Evaluating the Indian economy’s resilience
https://www.business-standard.com/opinion/columns/evaluating-the-indian-economy-s-resilience-123122801113_1.html Clipped from: https://www.business-standard.com/opinion/columns/evaluating-the-indian-economy-s-resilience-123122801113_1.html A growth trajectory of 6.5 to 7.5 %, centred around 7 %, is reasonable in the coming years, barring the eventuality of
Exports to Australia see upward trend, owing to duty concessions under ECTA
https://www.business-standard.com/india-news/exports-to-australia-see-upward-trend-owing-to-duty-concessions-under-ecta-123122900845_1.html Clipped from: https://www.business-standard.com/india-news/exports-to-australia-see-upward-trend-owing-to-duty-concessions-under-ecta-123122900845_1.html Government officials said that there has been an uptick in exports of products, where duty concessions have been given under the trade
The last quarter-century has turned out to be less Brics, more China-India
https://www.business-standard.com/opinion/columns/the-last-quarter-century-has-turned-out-to-be-less-brics-more-china-india-123122900902_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-last-quarter-century-has-turned-out-to-be-less-brics-more-china-india-123122900902_1.html China and India have proved the Brics forecast right in the quarter-century gone by. In the second quarter-century expect broadly more of
Low risk to India from any crude oil price spike in FY25: Chief Economic Advisor – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/low-risk-to-india-from-any-crude-oil-price-spike-in-fy25-chief-economic-advisor/article67684429.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/low-risk-to-india-from-any-crude-oil-price-spike-in-fy25-chief-economic-advisor/article67684429.ece “I do not think energy demand will necessarily become sufficient enough in 2024 to see oil prices spike up,” said V Anantha
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
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