Chief Economic Advisor office pitches for India’s sovereign rating upgrade

https://www.deccanherald.com/business/chief-economic-advisor-office-pitches-for-indias-sovereign-rating-upgrade-2821795 Clipped from: https://www.deccanherald.com/business/chief-economic-advisor-office-pitches-for-indias-sovereign-rating-upgrade-2821795 Chief Economic Advisor to the Government of India V Anantha Nageswaran. Credit: PTI Photo New Delhi: Sovereign credit rating methodology used by

India’s agri exports may stay flat in FY24 due to ban on wheat, rice, sugar

https://www.business-standard.com/economy/news/india-s-agri-exports-may-remain-flat-in-fy24-due-to-ban-on-wheat-rice-123122101163_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-agri-exports-may-remain-flat-in-fy24-due-to-ban-on-wheat-rice-123122101163_1.html India exported agricultural products worth $53 billion in the previous financial year India exported agriculture products worth $53 billion in the previous

India’s exports resilient to global demand and exchange rates: CEA

https://www.business-standard.com/economy/news/india-s-exports-now-less-vulnerable-to-changes-in-world-demand-forex-cea-123122101069_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-exports-now-less-vulnerable-to-changes-in-world-demand-forex-cea-123122101069_1.html According to the advisor, India’s foreign trade has ‘boomed’ due to reforms that happened over the past few decades Listen to This

Inequality a relative concept; absolute poverty India’s urgent concern: CEA

https://www.business-standard.com/economy/news/absolute-poverty-more-pressing-concern-for-india-says-cea-nageswaran-123122101066_1.html Clipped from: https://www.business-standard.com/economy/news/absolute-poverty-more-pressing-concern-for-india-says-cea-nageswaran-123122101066_1.html The CEA notes that for a developing country such as India, where the growth potential is high and the scope for poverty

FinMin economic advisors question rating agencies’ view on India’s progress

https://www.business-standard.com/economy/news/india-s-economic-progress-cut-no-ice-with-rating-agencies-finmin-123122100941_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-economic-progress-cut-no-ice-with-rating-agencies-finmin-123122100941_1.html Criticise “unilateral measures” by advanced economies to combat climate change Chief Economic Adviser V Anantha Nageswaran India’s economy, despite rising to the

Evolving crude oil import strategy: India’s spot volumes hit record high in FY23 – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/evolving-crude-oil-import-strategy-indias-spot-volumes-hit-record-high-in-fy23/article67661861.ece Clipped from: https://www.thehindubusinessline.com/economy/evolving-crude-oil-import-strategy-indias-spot-volumes-hit-record-high-in-fy23/article67661861.ece The world’s third largest energy consumer’s crude oil imports from the spot market rose to 49.6 million tonnes (mt) in FY23, the

Farm exports could take $4-5 billion hit in FY24 due to curbs on wheat, rice, sugar – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/farm-exports-could-take-4-5-billion-hit-in-fy24-due-to-curbs-on-wheat-rice-sugar/article67662177.ece Clipped from: https://www.thehindubusinessline.com/economy/farm-exports-could-take-4-5-billion-hit-in-fy24-due-to-curbs-on-wheat-rice-sugar/article67662177.ece Cost of shipping basmati could go up affecting prices if Houthi attacks on Red Sea continue India’s agriculture exports could take a

Inequality a relative concept; absolute poverty India’s urgent concern: CEA

https://www.business-standard.com/economy/news/absolute-poverty-more-pressing-concern-for-india-says-cea-nageswaran-123122101066_1.html Clipped from: https://www.business-standard.com/economy/news/absolute-poverty-more-pressing-concern-for-india-says-cea-nageswaran-123122101066_1.html The CEA notes that for a developing country such as India, where the growth potential is high and the scope for poverty

Crude oil declines on rise in US inventory, production numbers – The Hindu BusinessLine

https://www.thehindubusinessline.com/markets/commodities/crude-oil-declines-on-rise-in-us-inventory-production-numbers/article67660858.ece Clipped from: https://www.thehindubusinessline.com/markets/commodities/crude-oil-declines-on-rise-in-us-inventory-production-numbers/article67660858.ece Commercial crude oil inventories increased by 2.9 million barrels against market expectations for a drop of 2.28 million barrels Crude oil futures traded

IMF cautions India on govt debt vulnerabilities, Centre disagrees

https://www.business-standard.com/economy/news/imf-cautions-india-on-govt-debt-vulnerabilities-centre-disagrees-123121901166_1.html Clipped from: https://www.business-standard.com/economy/news/imf-cautions-india-on-govt-debt-vulnerabilities-centre-disagrees-123121901166_1.html General govt debt may exceed 100% of GDP in medium term, warns Fund Illustration: Ajay Mohanty The International Monetary Fund (IMF) warned

Five out of top 10 destinations see a rise in April-November exports

https://www.business-standard.com/economy/news/five-out-of-top-10-destinations-see-a-rise-in-april-november-exports-123121800689_1.html Clipped from: https://www.business-standard.com/economy/news/five-out-of-top-10-destinations-see-a-rise-in-april-november-exports-123121800689_1.html This comes even as overall exports from India contracted during the period WTO said risks to the forecast include a sharper than

Navigating risks: Red Sea attacks’ potential impact on oil and gas shipping – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/logistics/navigating-risks-red-sea-attacks-potential-impact-on-oil-and-gas-shipping/article67656817.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/navigating-risks-red-sea-attacks-potential-impact-on-oil-and-gas-shipping/article67656817.ece Shipping firms and LNG tankers alter routes due to Houthi attacks in the Red Sea, raising post-Covid trade disruption concerns. A U.S.-led

IMF reclassified India’s de facto exchange rate regime to stabilised arrangement from floating – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/imf-affirms-indias-strong-economic-growth-recommends-swift-reforms/article67653321.ece Clipped from: https://www.thehindubusinessline.com/economy/imf-affirms-indias-strong-economic-growth-recommends-swift-reforms/article67653321.ece Forecasts 6.3% real GDP growth for FY23/24 and FY24/25 in anticipation of solid economic trajectory The International Monetary Fund (IMF) has reclassified

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