https://www.thehindubusinessline.com/opinion/needed-a-new-long-term-fiscal-policy-framework/article67373094.ece Clipped from: https://www.thehindubusinessline.com/opinion/needed-a-new-long-term-fiscal-policy-framework/article67373094.ece The next government will have to feed two massive insatiable beasts, welfare and defence India’s inclusion in the JP Morgan Global Bond
Category: Economy
👍Global warming a problem but can’t sacrifice growth, says CEA Nageswaran
https://www.business-standard.com/economy/news/global-warming-has-to-be-tackled-but-india-cannot-sacrifice-growth-cea-123092901147_1.html Clipped from: https://www.business-standard.com/economy/news/global-warming-has-to-be-tackled-but-india-cannot-sacrifice-growth-cea-123092901147_1.html Says global economy was going through a period of uncertainty Chief Economic Adviser V Anantha Nageswaran Listen to This Article India needs
Crude oil up on US inventory decline – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/commodities/crude-oil-up-on-us-inventory-decline/article67355874.ece Clipped from: https://www.thehindubusinessline.com/markets/commodities/crude-oil-up-on-us-inventory-decline/article67355874.ece The decline in US inventories was higher than market expectations Crude oil futures traded higher on Thursday morning following a decline in
👍👍👍👍👍Credit cards-in-force cross 9-crore mark, spends at high of ₹1.49-lakh crore – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/credit-cards-in-force-cross-9-crore-mark-spends-at-high-of-149-lakh-crore/article67357104.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-cards-in-force-cross-9-crore-mark-spends-at-high-of-149-lakh-crore/article67357104.ece Card additions for the month remained healthy, increasing by 1.6 per cent on-month compared with 1.3 per cent in July Credit cards-in-force
Bond index inclusion is a boost, but can cause volatility – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/bond-index-inclusion-is-a-boost-but-can-cause-volatility/article67341677.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/bond-index-inclusion-is-a-boost-but-can-cause-volatility/article67341677.ece It will have a positive impact on bond yields and support the government borrowing programme The inclusion of India’s sovereign bonds in
Inclusion in JP Morgan’s Bond index to aid BoP improvement: Experts
https://www.business-standard.com/markets/news/inclusion-in-jpmorgan-s-bond-index-to-aid-bop-improvement-economists-123092201185_1.html Clipped from: https://www.business-standard.com/markets/news/inclusion-in-jpmorgan-s-bond-index-to-aid-bop-improvement-economists-123092201185_1.html India’s can manage address oil price hike better Representative Image Listen to This Article Inclusion of the central government’s bonds into J
After lower sales in August, Russia ups discount on crude sale to India
https://www.business-standard.com/economy/news/worried-about-lower-sales-russia-offered-indian-refiners-higher-discounts-123092400299_1.html Clipped from: https://www.business-standard.com/economy/news/worried-about-lower-sales-russia-offered-indian-refiners-higher-discounts-123092400299_1.html Higher discounts on Russian oil this month may help Indian refiners reduce crude sourcing costs and trim fuel marketing losses even as
Crude Check: Crude Oil Prices Hold Steady Amid Supply and Demand Balancing Act – The Hindu BusinessLine
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
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