lipped from: https://www.thehindubusinessline.com/portfolio/commodity-analysis/crude-check-trend-remains-positive/article67337559.ece?cx_testId=28&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX5KXF1FQK61#cxrecs_s Crude oil ended last week on a flat note. The Brent crude futures on the Intercontinental Exchange (ICE) closed at $93.4 per barrel on
Category: Economy
Unlocking prosperity: Summers’ bold vision for annual 8% growth in India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/unlocking-prosperity-summers-bold-vision-for-annual-8-growth-in-india/article67338283.ece?cx_testId=28&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX5KXF1FQK61#cxrecs_s Former US Treasury Secretary envisions life-altering potential in ambitious growth goal India should aim for 8 per cent annual GDP growth on a
India must grow at 8% to transform lives: Former US treasury secy
https://www.business-standard.com/economy/news/india-must-grow-at-8-to-transform-millions-of-lives-us-treasury-secy-123092300545_1.html Clipped from: https://www.business-standard.com/economy/news/india-must-grow-at-8-to-transform-millions-of-lives-us-treasury-secy-123092300545_1.html Speaking at a CII event, Larry Summers highlighted that the issues India faces are less related to the scale of the govt
Household savings data suggest tepid income growth – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/household-savings-data-suggest-tepid-income-growth/article67335031.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/household-savings-data-suggest-tepid-income-growth/article67335031.ece Indian households have always had a high propensity for locking up savings in physical assets, rather than financial assets which channel capital
India’s inclusion in global bond indices to boost flows and lower borrowing cost – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/indias-inclusion-in-global-bond-indices-to-boost-flows-and-lower-borrowing-cost/article67334682.ece lipped from: https://www.thehindubusinessline.com/markets/indias-inclusion-in-global-bond-indices-to-boost-flows-and-lower-borrowing-cost/article67334682.ece The inclusion may bring in $20–30 billion of passive flows and $10 billion in of active flows from foreign investors into government
India to enter JP Morgan’s EM bond index; set for $20 billion inflow
https://www.business-standard.com/markets/news/jp-morgan-to-include-india-in-govt-bond-index-no-tax-sops-for-investors-123092201244_1.html Clipped from: https://www.business-standard.com/markets/news/jp-morgan-to-include-india-in-govt-bond-index-no-tax-sops-for-investors-123092201244_1.html To have 10% weight, like China; no tax benefits for bond investors Listen to This Article The bond market is set to
Govt bonds’ JP Morgan index inclusion to boost rupee, help finance CAD: CEA
https://www.business-standard.com/economy/news/will-boost-rupee-cea-on-inclusion-of-indian-bonds-in-jpmorgan-index-123092201234_1.html The inclusion of Indian government bonds in JP Morgan’s emerging market debt index is expected to broaden India’s investor base, potentially appreciate the rupee,
👍👍👍👍👍Household savings report: There is no distress, says finance ministry
https://www.business-standard.com/economy/news/there-was-no-distress-in-household-savings-clarifies-finance-ministry-123092101181_1.html Clipped from: https://www.business-standard.com/economy/news/there-was-no-distress-in-household-savings-clarifies-finance-ministry-123092101181_1.html The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its
Employment challenge
https://www.business-standard.com/opinion/editorial/employment-challenge-123092101312_1.html Clipped from: https://www.business-standard.com/opinion/editorial/employment-challenge-123092101312_1.html Economic growth is not creating jobs Representative Image Listen to This Article One of the biggest policy challenges for India has been
Savings declined but resulted in rise in assets: SBI chief economist
https://www.business-standard.com/economy/news/financial-savings-rate-down-as-households-shifted-money-to-physical-assets-123092101148_1.html Clipped from: https://www.business-standard.com/economy/news/financial-savings-rate-down-as-households-shifted-money-to-physical-assets-123092101148_1.html Recovery in real estate, rise in property prices attracted savings Photo: Pexels Listen to This Article The net financial savings of the
Federal Reserve keeps rates unchanged but sees tighter policy through 2024 – The Economic Times
https://economictimes.indiatimes.com/news/international/world-news/federal-reserve-keeps-interest-rate-steady/articleshow/103816152.cms Clipped from: https://economictimes.indiatimes.com/news/international/world-news/federal-reserve-keeps-interest-rate-steady/articleshow/103816152.cms Synopsis In a statement Federal Open Market Committee said that recent indicators suggest that economic activity has been expanding at a solid
Tackling food inflation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/tackling-food-inflation/article67300073.ece Clipped from: https://www.thehindubusinessline.com/opinion/tackling-food-inflation/article67300073.ece Food output needs to be raised with R&D support India’s food inflation shot up to a 41-month high of 11.5 per cent
👍👍👍👍👍👍👍India Economy: Ten years since taper tantrum
https://www.business-standard.com/opinion/columns/ten-years-since-taper-tantrum-123091501349_1.html Clipped from: https://www.business-standard.com/opinion/columns/ten-years-since-taper-tantrum-123091501349_1.html If the exogenous pressures were the same across 2013 and 2022, why were outcomes so different across the two episodes? Reserve Bank
The path ahead for the rupee
https://www.business-standard.com/opinion/columns/the-path-ahead-for-the-rupee-123091000597_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-path-ahead-for-the-rupee-123091000597_1.html The hottest conversation topic on every bank’s treasury floor is internationalisation of the rupee Photo: Pexels In mid-August, India and the United
India-Canada feud threatens chill over billions in investments – The Economic Times
https://economictimes.indiatimes.com/news/economy/foreign-trade/india-canada-feud-threatens-chill-over-billions-in-investments/articleshow/103794891.cms Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/india-canada-feud-threatens-chill-over-billions-in-investments/articleshow/103794891.cms Synopsis The diplomatic dispute between Canada and India regarding the murder of a Sikh leader could potentially harm their growing economic ties.
👍👍👍👍👍Raise Gross Fixed Capital Formation rate to 32% of GDP for higher growth: Rangarajan – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/raise-gross-fixed-capital-formation-rate-to-32-of-gdp-for-higher-growth-rangarajan/article67314517.ece lipped from: https://www.thehindubusinessline.com/economy/raise-gross-fixed-capital-formation-rate-to-32-of-gdp-for-higher-growth-rangarajan/article67314517.ece India must aim at a sustained growth of seven per cent There is a need to raise Gross Fixed Capital Formation (GFCF)from
Hidden turmoil
https://www.business-standard.com/opinion/editorial/hidden-turmoil-123091801178_1.html Clipped from: https://www.business-standard.com/opinion/editorial/hidden-turmoil-123091801178_1.html Uncertainty is rising in China Photo: Wikimedia Commons Listen to This Article In both political and economic terms, uncertainty over the future
Indian economy is gaining strength led by domestic drivers: RBI Bulletin – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/indian-economy-is-gaining-strength-led-by-domestic-drivers-rbi-bulletin/article67321052.ece Clipped from: https://www.thehindubusinessline.com/economy/indian-economy-is-gaining-strength-led-by-domestic-drivers-rbi-bulletin/article67321052.ece On the investment front, capex by large central public sector enterprises (CPSEs) is at above 42 per cent of the annual target
Will oil hit $100? It already has in some markets – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/commodities/will-oil-hit-100-it-already-has-in-some-markets/article67321205.ece Clipped from: https://www.thehindubusinessline.com/markets/commodities/will-oil-hit-100-it-already-has-in-some-markets/article67321205.ece Nigerian crude Qua Iboe surpassed $100 a barrel on Monday, Malaysian crude Tapis reached $101.30; Brent oil futures traded as high as