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
Category: Economy
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,
Fed’s Powell: On a path to make more progress on inflation, though likely to be ‘bumpy’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/feds-powell-on-a-path-to-make-more-progress-on-inflation-though-likely-to-be-bumpy/article67487619.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/feds-powell-on-a-path-to-make-more-progress-on-inflation-though-likely-to-be-bumpy/article67487619.ece Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the Federal Open
Fed leaves rates unchanged, acknowledges economy is ‘strong’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/fed-leaves-rates-unchanged-acknowledges-economy-is-strong/article67487614.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/fed-leaves-rates-unchanged-acknowledges-economy-is-strong/article67487614.ece While economic activity showed strength, concerns about inflation and potential slowdowns kept the door open for future rate hikes. Federal Reserve Board
Robust tax, non-tax receipts boost Centre’s finances – Economy News | The Financial Express
https://www.financialexpress.com/policy/economy-robust-tax-non-tax-receipts-boost-centres-finances-3293076/ Clipped from: https://www.financialexpress.com/policy/economy-robust-tax-non-tax-receipts-boost-centres-finances-3293076/ Fiscal deficit at 39% annual target in H1 X The Centre’s fiscal deficit was within a very comfortable level at around 39.3%
Second quarter GDP could surprise on the upside: RBI Governor – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/second-quarter-gdp-could-surprise-on-the-upside-rbi-governor/article67481531.ece Clipped from: https://www.thehindubusinessline.com/economy/second-quarter-gdp-could-surprise-on-the-upside-rbi-governor/article67481531.ece The growth momentum in India continues to be strong, emphasised Das at a BFSI Summit The second quarter (Q2FY24) GDP number could
Market correction is no cause for needless panic as the macroeconomic fundamentals are sound – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/market-correction-is-no-cause-for-needless-panic-as-the-macroeconomic-fundamentals-are-sound/3290532/ Clipped from: https://www.financialexpress.com/opinion/market-correction-is-no-cause-for-needless-panic-as-the-macroeconomic-fundamentals-are-sound/3290532/ The correction in the markets, which had run up very sharply, reflects the realisation that stocks are probably over-valued given that there
5G, satcoms, semiconductors to boost economy with $240 bn by FY28: KPMG
https://www.business-standard.com/industry/news/5g-satcoms-semiconductors-to-boost-economy-with-240-bn-by-fy28-kpmg-123102800641_1.html Clipped from: https://www.business-standard.com/industry/news/5g-satcoms-semiconductors-to-boost-economy-with-240-bn-by-fy28-kpmg-123102800641_1.html KPMG report outlines transformative potential of 5G, satellite communication and semiconductors on India’s economy and job market The report highlighted that rural
No policy for troubled times: Does inflation targeting really work?
https://www.business-standard.com/opinion/columns/no-policy-for-troubled-times-does-inflation-targeting-really-work-123102700810_1.html Clipped from: https://www.business-standard.com/opinion/columns/no-policy-for-troubled-times-does-inflation-targeting-really-work-123102700810_1.html On the evidence at hand, inflation targeting works only when the world economy is normal, and demand swings up and down in
US growth for last qtr likely reflected consumers’ resistance to Fed hikes
https://www.business-standard.com/world-news/us-growth-for-last-qtr-likely-reflected-consumers-resistance-to-fed-hikes-123102600160_1.html lipped from: https://www.business-standard.com/world-news/us-growth-for-last-qtr-likely-reflected-consumers-resistance-to-fed-hikes-123102600160_1.html Last quarter’s robust growth, though, will probably prove to be a high-water mark for the economy before a steady slowdown beginning in
India’s Future: The Quest for High and Stable Growth | S&P Global
https://www.spglobal.com/en/research-insights/featured/special-editorial/look-forward/india-s-future-the-quest-for-high-and-stable-growth Clipped from: https://www.spglobal.com/en/research-insights/featured/special-editorial/look-forward/india-s-future-the-quest-for-high-and-stable-growth Achieving high and sustainable growth has been elusive for India; success will require reaping the demographic dividend, boosting private investment and increasing
Cost of money
https://www.business-standard.com/opinion/editorial/cost-of-money-123102400937_1.html Clipped from: https://www.business-standard.com/opinion/editorial/cost-of-money-123102400937_1.html Yields may remain elevated for an extended period Representative image Listen to This Article Financial markets continue to adapt to the expectation
India set to be world’s third-largest economy by 2030, says S&P Global
https://www.business-standard.com/economy/news/india-set-to-overtake-japan-as-third-largest-economy-by-2030-s-p-global-123102400804_1.html Clipped from: https://www.business-standard.com/economy/news/india-set-to-overtake-japan-as-third-largest-economy-by-2030-s-p-global-123102400804_1.html Listen to This Article India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its
Need to stop chasing the growth chimera – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/need-to-stop-chasing-the-growth-chimera/article67450176.ece Clipped from: https://www.thehindubusinessline.com/opinion/need-to-stop-chasing-the-growth-chimera/article67450176.ece Which is better: demand or supply management? At 6-7 per cent GDP growth, there are no upheavals. This could change if we
The economic mosaic: Chugging along at the ‘new-old normal’ growth rate
https://www.business-standard.com/opinion/columns/the-economic-mosaic-chugging-along-at-the-new-old-normal-growth-rate-123101301146_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-economic-mosaic-chugging-along-at-the-new-old-normal-growth-rate-123101301146_1.html A GDP growth rate of 6-plus per cent is great, given the global context, but there’s no near-term prospect of acceleration, notes
After four sluggish months, why are corporate revenues seeing a pickup — and will this sustain?
Clipped from: https://indianexpress.com/article/explained/explained-economics/why-corporate-revenues-seeing-pickup-8982501/ Revenue of Indian corporates is estimated to have grown 8-10 per cent on-year in the September quarter, marking the first such improvement in
An ocean of calm: RBI deserves credit for sticking to a stronger rupee despite the exports boost incentive | The Financial Express
https://www.financialexpress.com/opinion/an-ocean-of-calm-rbi-deserves-credit-for-sticking-to-a-stronger-rupee-despite-the-exports-boost-incentive/3268876/ Clipped from: https://www.financialexpress.com/opinion/an-ocean-of-calm-rbi-deserves-credit-for-sticking-to-a-stronger-rupee-despite-the-exports-boost-incentive/3268876/ Since the start of this year, the rupee has been amazingly calm—indeed, USD-INR volatility is at the lowest level we have seen
The number of new jobs created in FY20-FY23 may be much smaller than claimed | The Financial Express
https://www.financialexpress.com/opinion/the-number-of-new-jobs-created-in-fy20-fy23-may-be-much-smaller-than-claimed/3266467/ Clipped from: https://www.financialexpress.com/opinion/the-number-of-new-jobs-created-in-fy20-fy23-may-be-much-smaller-than-claimed/3266467/ The NPS data showed 824,000 new subscribers in FY23 (both central and state). In the last four years’ data, around 3.1 million