https://www.thehindu.com/opinion/op-ed/state-of-the-economy-temper-the-euphoria/article67545065.ece Clipped from: https://www.thehindu.com/opinion/op-ed/state-of-the-economy-temper-the-euphoria/article67545065.ece Official commentators should engage with critics in appreciating the gravity of economic setbacks rather than quibble over the IMF’s short-term growth projections
Category: Economy
How the rupee has held up – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/news-analysis/how-the-rupee-has-held-up/article67548511.ece Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/how-the-rupee-has-held-up/article67548511.ece RBI intervention, FPI flows, narrowing of inflation differential with key economies have lent a hand The rupee (INR) has appreciated against major
India should be thanked by the world feels EA Minister Mr Jaishankar– Business Standard 17.11.23
The reason– India’ decision to continue transactions with Russia–Courtesy Business Standard
‘Waiting for the thank you’: S Jaishankar on India softening oil markets
https://www.business-standard.com/india-news/waiting-for-the-thank-you-s-jaishankar-on-india-softening-oil-markets-123111600489_1.html Clipped from: https://www.business-standard.com/india-news/waiting-for-the-thank-you-s-jaishankar-on-india-softening-oil-markets-123111600489_1.html At an event in London, Jaishankar said that India’s approach to oil purchases prevented a surge in global oil prices, preventing potential
The changing face of Rural India – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/the-changing-face-of-rural-india/article67299241.ece Clipped from: https://www.thehindubusinessline.com/portfolio/the-changing-face-of-rural-india/article67299241.ece Here are 4 charts that tell you the story. Indian villages are no longer about rickety roads, tattered clothes, and frail bodies.
Indian economy still not out of woods, says RBI – Economy News | The Financial Express
https://www.financialexpress.com/policy/economy-indian-economy-still-not-out-of-woods-says-rbi-3309154/ Clipped from: https://www.financialexpress.com/policy/economy-indian-economy-still-not-out-of-woods-says-rbi-3309154/ Retail inflation came down to 4.9% in October from the average of 6.7% in 2022-23 and 7.1% in July-August 2023 but remained
Food inflation sole threat to 4% CPI target: RBI ‘State of Economy’ report
https://www.business-standard.com/economy/news/food-inflation-sole-threat-to-rbi-s-4-target-state-of-the-economy-report-123111601064_1.html Clipped from: https://www.business-standard.com/economy/news/food-inflation-sole-threat-to-rbi-s-4-target-state-of-the-economy-report-123111601064_1.html The headline inflation had risen to a 15-month high of 7.44 per cent in July due to a surge in retail prices
World Bank global indicators are subjective, says CEA V Nageswaran
https://www.business-standard.com/economy/news/world-bank-governance-indicators-based-on-subjective-opinion-cea-123111501094_1.html Clipped from: https://www.business-standard.com/economy/news/world-bank-governance-indicators-based-on-subjective-opinion-cea-123111501094_1.html As of 2022, India had a percentile rank of 63.2 in governance effectiveness, meaning it was equal to or better than 63.2
UBS strategists see far deeper Fed rate cuts than what markets are pricing
https://www.business-standard.com/world-news/ubs-strategists-see-far-deeper-fed-rate-cuts-than-what-markets-are-pricing-123111301162_1.html Clipped from: https://www.business-standard.com/world-news/ubs-strategists-see-far-deeper-fed-rate-cuts-than-what-markets-are-pricing-123111301162_1.html The strategists expect the benchmark federal funds rate to fall to between 2.5% and 2.75% by the end of 2024, and see
Sustained high, unsecured loan growth can increase mispricing risk: Fitch Ratings – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/sustained-high-unsecured-loan-growth-can-increase-mispricing-risk-fitch-ratings/article67517974.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sustained-high-unsecured-loan-growth-can-increase-mispricing-risk-fitch-ratings/article67517974.ece This could have direct impact on financial performace of banks if conditions turns less favourable, warns Fitch Sustained high growth in unsecured retail
Monetary policy remains watchful and actively disinflationary: RBI Guv – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/monetary-policy-remains-watchful-and-actively-disinflationary-rbi-guv/article67516399.ece Clipped from: https://www.thehindubusinessline.com/economy/monetary-policy-remains-watchful-and-actively-disinflationary-rbi-guv/article67516399.ece His observation comes against the backdrop of headline inflation remaining vulnerable to recurring and overlapping food price shocks Monetary policy remains watchful and
How to be the Vishwa Guru of economics – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/how-to-be-the-vishwa-guru-of-economics/article67529688.ece Clipped from: https://www.thehindubusinessline.com/opinion/how-to-be-the-vishwa-guru-of-economics/article67529688.ece The world must bring back the link between budgets and capital rather than between budgets and labour Most bad practices and policies
Wholesale inflation remains in deflation zone for seventh successive month – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/wholesale-inflation-remains-in-deflation-zone-for-seventh-successive-month/article67531696.ece Clipped from: https://www.thehindubusinessline.com/economy/wholesale-inflation-remains-in-deflation-zone-for-seventh-successive-month/article67531696.ece The Ministry of Commerce and Industry released WPI data for October 2023 on Tuesday Producers’ inflation based on wholesale price index (WPI)
Editorial. Oct inflation print encouraging, but questions remain – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/oct-inflation-print-encouraging-but-questions-remain/article67532575.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/oct-inflation-print-encouraging-but-questions-remain/article67532575.ece Pulses inflation is causing concern October’s inflation reading of 4.87 per cent comes as a relief, even if it is seen as
Is IMF too optimistic about China’s growth? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/is-imf-too-optimistic-about-chinas-growth/article67505190.ece Clipped from: https://www.thehindubusinessline.com/opinion/is-imf-too-optimistic-about-chinas-growth/article67505190.ece A real GDP growth of 5% forecast for 2023 doesn’t seem realistic as the country’s realty sector is in dire straits, exports
October e-way bill generation hits all-time high at Rs 10.3 crore
https://www.business-standard.com/economy/news/october-e-way-bill-generation-hits-all-time-high-at-rs-10-3-crore-123110700284_1.html Clipped from: https://www.business-standard.com/economy/news/october-e-way-bill-generation-hits-all-time-high-at-rs-10-3-crore-123110700284_1.html Signals further boost in GST mop-up in November Listen to This Article E-way bills, or electronic permits, generated by businesses for transporting
Fiscal Impact– Free Food Grain Decision –Courtesy Business Standard
https://www.business-standard.com/india-news/no-fiscal-impact-of-free-good-grain-extension-for-next-2-yrs-finmin-source-123110601137_1.html Clipped from: https://www.business-standard.com/india-news/no-fiscal-impact-of-free-good-grain-extension-for-next-2-yrs-finmin-source-123110601137_1.html An analysis by Nomura said the extension reflects the difficulty in withdrawing populist policies, especially ahead of elections but the near-term macro
India’s Infrastructure Evolution: Scale, Spending, and Execution Speed in the Last Decade – Insights from CRISIL – The Hindu BusinessLine
https://www.thehindubusinessline.com/multimedia/audio/scale-spending-and-execution-speed-of-infra-projects-has-appreciated-considerably-in-last-10-yrs-crisil/article67492938.ece Clipped from: https://www.thehindubusinessline.com/multimedia/audio/scale-spending-and-execution-speed-of-infra-projects-has-appreciated-considerably-in-last-10-yrs-crisil/article67492938.ece Rishi Ranjan Kala talks to Rahul Prithiani, Global Head, Energy and Sustainability, Consulting, CRISIL Market Intelligence and Analytics on India’s Infrastructure Growth
Vote of confidence
https://www.business-standard.com/opinion/editorial/vote-of-confidence-123110201358_1.html Clipped from: https://www.business-standard.com/opinion/editorial/vote-of-confidence-123110201358_1.html RBI has done well, but new external challenges can emerge The Reserve Bank of India (RBI) has managed volatility on the external
RBI may hold fire even if Fed hikes rates twice: CEA V Anantha Nageswaran
https://www.business-standard.com/economy/news/us-federal-reserve-stance-won-t-pressure-rbi-cea-v-anantha-nageswaran-123110201384_1.html Clipped from: https://www.business-standard.com/economy/news/us-federal-reserve-stance-won-t-pressure-rbi-cea-v-anantha-nageswaran-123110201384_1.html RBI Governor Shaktikanta Das recently said at the Business Standard’s BFSI Insight Summit domestic factors determined India’s monetary policy V Anantha Nageswaran,
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