Inflation is slowing down personal consumption expenditure: RBI Bulletin – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/inflation-is-slowing-down-personal-consumption-expenditure-rbi-bulletin/article67002651.ece https://www.thehindubusinessline.com/economy/inflation-is-slowing-down-personal-consumption-expenditure-rbi-bulletin/article67002651.ece Recent national accounts data and corporate results when read in conjunction clearly show that inflation is slowing down personal consumption…

As expected inflation falls, it is important that real repo rate does not rise too high: MPC Member Goyal – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/as-expected-inflation-falls-it-is-important-that-real-repo-rate-does-not-rise-too-high-mpc-member-goyal/article67001219.ece https://www.thehindubusinessline.com/economy/as-expected-inflation-falls-it-is-important-that-real-repo-rate-does-not-rise-too-high-mpc-member-goyal/article67001219.eceThe quick succession of repo rate raise raises has brought the real rate to near equilibrium levels, which has prevented over-heating as well…

🙏Withdrawal of ₹ 2000 notes — SBI Ecowrap opines [1] apart from favourable impact on CP-CD rates , e-rupee should be an ultimate beneficiary of this tactical move –absence of high denomination notes should propel faster adoption of e-rupee for merchant transactions[2] out of 3.62 lakh crore worth of 2000 denomination notes, 85% [ 3.08 lakh crore –will come into banking system as deposits and the rest 54000 crore will be exchanged [3] and ultimately GDP will get a boost.– courtesy BusinessLine 20.6.23

🙏अग्रलेख महाराष्ट्र टाइम्स 16.6.23 रोजीचा –[1] कौतुक केले आहे–” परराष्ट्र धोरण आणि अर्थकारण यांचा ईतका चांगला समन्वय बर्‍याच कालावधीनंतर दिसतो आहे व तो भारताच्या हिताचा and स्वागतार्ह आहे ” (2) अपेक्षा व्यक्त केली आहे की ” घाऊक चलनवाढ उणे झाली आहे त्याचे रूपांतर किरकोळ महागाई दर कमी होण्यात व्हावे ” सौजन्य महाराष्ट्र टाइम्स

Across the aisle by P Chidambaram: Modest man predicts modest growth | The Financial Express

https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-modest-man-predicts-modest-growth/3130372/ Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-modest-man-predicts-modest-growth/3130372/ The present policymakers boast of Amritkaal, but no longer speak of 8-9% growth. They seem satisfied with 6% growth, 5% inflation and

india: ONGC chief expects Russian oil to make up 30% of India’s imports- Interfax – The Economic Times

https://economictimes.indiatimes.com/industry/energy/oil-gas/ongc-chief-expects-russian-oil-to-make-up-30-of-indias-imports-interfax/articleshow/101066909.cms Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/ongc-chief-expects-russian-oil-to-make-up-30-of-indias-imports-interfax/articleshow/101066909.cms Synopsis “The share of Russian oil imports, which was less than 2% in 2021/2022, has increased tenfold to 20% in the oil

India GDP growth: In next 3-5 years, 6.5% GDP growth is par: Bibek Debroy – The Economic Times

https://economictimes.indiatimes.com/news/economy/indicators/in-next-3-5-years-6-5-gdp-growth-is-par-bibek-debroy/articleshow/101072286.cms Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/in-next-3-5-years-6-5-gdp-growth-is-par-bibek-debroy/articleshow/101072286.cms Synopsis “Growth in 2023-24 is an aggregate of growth in four quarters and, obviously, Q1 figures will be higher than the other

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