https://www.thehindu.com/opinion/editorial/concrete-alliance-the-hindu-editorial-on-the-brics-grouping-and-its-expansion/article67235615.ece Clipped from: https://www.thehindu.com/opinion/editorial/concrete-alliance-the-hindu-editorial-on-the-brics-grouping-and-its-expansion/article67235615.ece BRICS found new purpose with its expansion, but also more contradictions If there was any doubt about the relevance of the BRICS
Category: Economy
Fed’s hawkish tone sparks interest rate futures shift: November-December hike likely – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/feds-hawkish-tone-sparks-interest-rate-futures-shift-november-december-hike-likely/article67236381.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/feds-hawkish-tone-sparks-interest-rate-futures-shift-november-december-hike-likely/article67236381.ece Interest rate futures signal potential tightening by the Fed following Jerome Powell’s moderately hawkish stance at Jackson Hole symposium. Economic growth, inflation,
US Fed thinking– Courtesy Business Standard 25.8.23
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MSME share recovers to near 30% in India’s GDP after significant decline in FY21
https://www.financialexpress.com/business/sme-msme-share-recovers-to-near-30-in-indias-gdp-after-significant-decline-in-fy21-3222364/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
BRICS Bloc Expands: A New Chapter of Global Influence and Collaboration Begins | The Financial Express
https://www.financialexpress.com/business/defence-brics-bloc-expands-a-new-chapter-of-global-influence-and-collaboration-begins-3221474/ Clipped from: https://www.financialexpress.com/business/defence-brics-bloc-expands-a-new-chapter-of-global-influence-and-collaboration-begins-3221474/ With over two dozen countries applying for membership, including UAE, Saudi Arabia, Egypt, Argentina, and Indonesia, the expansion process has drawn significant
Perspectives on industrial policy
https://www.business-standard.com/opinion/columns/perspectives-on-industrial-policy-123082301031_1.html Clipped from: https://www.business-standard.com/opinion/columns/perspectives-on-industrial-policy-123082301031_1.html Balancing financial incentives with trade liberalisation is crucial for making India’s manufacturing sector globally competitive Illustration: Binay Sinha Earlier this month, the
BRICS, a rising economic force – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/brics-a-rising-economic-force/article67228110.ece Clipped from: https://www.thehindubusinessline.com/opinion/brics-a-rising-economic-force/article67228110.ece World economic power equations have changed. BRICS has emerged as the most powerful bloc since 2020 The reorientation of economic prowess across
👍👍👍👍👍Deflation could be the next big problem – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/deflation-could-be-the-next-big-problem/article67228187.ece Clipped from: https://www.thehindubusinessline.com/opinion/deflation-could-be-the-next-big-problem/article67228187.ece All asset prices are likely to get punctured badly as governments act belatedly to control inflation and overshoot Since January 2020 when
Nurturing capex
https://www.business-standard.com/opinion/columns/nurturing-capex-123082200985_1.html Clipped from: https://www.business-standard.com/opinion/columns/nurturing-capex-123082200985_1.html With foreign investments declining, it is necessary to maintain growth in government capital expenditure Last week, the Union government announced several new
Outward remittances under RBI’s LRS rise 50% to $9.1 billion in Q1
https://www.business-standard.com/finance/news/outward-remittances-under-rbi-s-lrs-rise-50-to-9-1-billion-in-q1-fy24-123082200836_1.html Clipped from: https://www.business-standard.com/finance/news/outward-remittances-under-rbi-s-lrs-rise-50-to-9-1-billion-in-q1-fy24-123082200836_1.html According to the latest RBI data, the amount remitted under LRS stood at $9.1 billion in Q1FY24, compared with $6.05 billion in
India’s restrictive trade policy is working great, but for Vietnam
https://www.business-standard.com/india-news/india-s-restrictive-trade-policy-is-working-great-but-for-vietnam-123082100074_1.html Clipped from: https://www.business-standard.com/india-news/india-s-restrictive-trade-policy-is-working-great-but-for-vietnam-123082100074_1.html One way to think about this is that India is first damaging its competitiveness, and then compensating firms to set up factories
Economists say global central banks, RBI to maintain status quo on rate hike in FY24 as FOMC gives hawkish outlook | The Financial Express
https://www.financialexpress.com/economy/economists-say-global-central-banks-rbi-to-maintain-status-quo-on-rate-hike-in-fy24-as-fomc-gives-hawkish-outlook/3217224/ Clipped from: https://www.financialexpress.com/economy/economists-say-global-central-banks-rbi-to-maintain-status-quo-on-rate-hike-in-fy24-as-fomc-gives-hawkish-outlook/3217224/ In the latest minutes of the FOMC, the Federal Reserve continued to see inflation significantly above their tolerance limit, which has increased
Computer import curbs not part of FTP Principles of Restrictions
https://www.business-standard.com/opinion/columns/computer-import-curbs-not-part-of-ftp-principles-of-restrictions-123082000605_1.html The duty rates on computer software and hardware were cut to zero after India became a signatory to the Information Technology Agreements (ITA-1 and
Private balance sheets are better in few major economies, while governments are on a weak wicket. India an exception
The aftermath of excessive money printing during the Covid era is causing high government debt and interest rates. The collateral damage needs to be monitored
Does Brics exist only because a good acronym cannot be allowed to die?
https://www.business-standard.com/opinion/columns/does-brics-exist-only-because-a-good-acronym-cannot-be-allowed-to-die-123081800644_1.html There is nothing like a good acronym to give currency to a dodgy idea, and so it has been with Brics. Coined by economists
👍China is slowing. What does it mean for India?
https://www.thehindubusinessline.com/blexplainer/china-is-slowing-what-does-it-mean-for-india/article67209252.ece Chinese investors and households are cutting back on spending, leading to a deflationary situation | Photo Credit: THOMAS PETER What are the latest numbers
👍👍👍👍👍India Inc has delivered bumper profits in Q1, but sales are slowing
https://www.thehindubusinessline.com/opinion/editorial/india-inc-has-delivered-bumper-profits-in-q1-but-sales-are-slowing/article67205958.ece Firms outside the banking and finance sector too have delivered healthy profits Disposable incomes will have rise to support aspirational spending | Photo Credit:
Rupee ends at record closing low as US Treasury yields hit 15-year high
https://www.business-standard.com/finance/news/rupee-falls-to-near-10-month-intraday-low-in-early-trade-appreciates-later-123081700226_1.html excerpts The rupee hit an all-time closing low and the yield on the benchmark 10-year Indian government bond rose to a four-month high on
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