lipped from: https://www.business-standard.com/article/companies/tiruppur-exports-back-in-positive-terrain-global-majors-start-lifting-123021900340_1.html Weave revival story as knitwear exports rise 11.6% in rupee terms Following a gap of several months, global brands like Walmart have started lifting orders
Category: Economy
Russia-Ukraine war brings about structural changes in global trade | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/russia-ukraine-war-brings-about-structural-changes-in-global-trade-123021900941_1.html Even the western countries will find it difficult to absorb the costs of helping Ukraine fight Russia and rebuild its civilian infrastructure and
How will soaring CPI inflation impact RBI, Centre’s actions? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/blexplainer/how-will-soaring-cpi-inflation-impact-rbi-centres-actions/article66511341.ece The cause and effect of high CPI inflation REUTERS Food and beverages, excluding vegetables, with a weight of over 54 per cent in
Private investments are driving growth in sectors like renewable energy: FM Nirmala Sitharaman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/private-investments-are-happening-says-sitharaman/article66517419.ece Finance Secretary rules out direct overseas borrowing by government Finance Minister Nirmala Sitharaman speaks at a dialogue organised by Doordarshan on ‘Amrit Kaal’
👍👍👍👍What does the hike in retail inflation mean? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/audio/what-does-the-hike-in-retail-inflation-mean/article66507537.ece Retail inflation based on Consumer Price Index for January rose to 3 months high of 6.25%. What will happen on policy rate movements?
👍👍👍👍👍Govt will play supportive role to pvt sector, says Sanjeev Sanyal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/govt-will-play-supportive-role-to-pvt-sector-says-sanjeev-sanyal/article66522341.ece He added that the role of the government is to provide leadership where necessary, infrastructure where essential Sanjeev Sanyal, at the United Way
👍Tapping global trade | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/tapping-global-trade-123021601310_1.html Exports will need policy support Union Finance Minister Nirmala Sitharaman rightly noted on Wednesday that Indian exporters needed to be far more receptive
👍👍👍Liquidity likely to head towards neutral after three years of surplus | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/after-three-years-of-surplus-liquidity-now-seen-heading-to-neutral-zone-123021601023_1.html Future scenario hinges on forex market, govt spending, credit growth With certain operations undertaken by the RBI in early 2020 set to mature in the
👍👍👍👍👍Monetary policy stance must remain disinflationary, says RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/monetary-policy-stance-needs-to-disinflationary-says-rbi-report-123021701070_1.html Says GDP growth will receive 15-basis point boost from tax cuts Following an unexpectedly sharp rise in the consumer price index (CPI)-based inflation
India’s forex reserves post biggest weekly decline in over 11 months | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-forex-reserves-post-biggest-weekly-decline-in-over-11-months-123021700832_1.html The reserves stood at a one-month low of $566.95 billion at the end of last week, down from $575.27 billion at the end
👍India looks to tap mom-and-pop stores to boost tax base – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/india-looks-to-tap-mom-and-pop-stores-to-boost-tax-base/articleshow/97986669.cms Synopsis The GST – which subsumed a host of state and federal levies when it was introduced in 2017 – requires businesses with
👍India can’t really be inward looking and disallow imports, says FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-cant-really-be-inward-looking-and-disallow-imports-says-fm/article66512890.ece Sitharaman asks exporters to constantly engage with the government Finance Minister Nirmala Sitharaman during an interactive session on the theme ‘India’s role in
Private investments are happening says, Sitharaman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/60-life-health-insurers-seeing-a-rapid-rise-in-fraud-deloitte-india-survey/article66517273.ece Only 60 per cent of the respondents plan to increase their budgets marginally About 60 per cent of Indian insurance companies are seeing
Exporters need to be receptive towards impact of recession: FM Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/petrol-diesel-can-be-included-in-gst-once-states-agree-fm-sitharaman-123021501768_1.html She also revealed that petrol, diesel can be included in GST once states agree The global slowdown and a possible recession in the
👍India’s merchandise trade deficit in January down at $17.75 billion | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-merchandise-trade-deficit-in-january-down-at-17-75-billion-123021501120_1.html January merchandise exports were $32.91 billion compared with $34.48 billion in December, while imports were at $50.66 billion against $58.24 billion in December,
👍Exports dip by 6.58% in Jan; trade deficit lowest in 12-months at $17.75 bn | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exports-dip-by-6-58-in-jan-trade-deficit-lowest-in-12-months-at-17-75-bn-123021501353_1.html Contracting for the second month in a row, India’s exports dipped by 6.58 per cent to 32.91 billion in January due to slowdown
👍India’s WPI inflation eases to two-year low of 4.73% in January | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-wpi-inflation-cools-to-two-year-low-of-4-73-in-january-123021401620_1.html The wholesale price index (WPI)-based inflation rate for January 2023 fell to a two-year low at 4.73 per cent. This was on the back of
👍India’s inflation higher than peers like Brazil and South Korea | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-inflation-numbers-now-higher-peers-than-like-brazil-south-korea-123021301217_1.html India now has higher inflation than some emerging market peers. The latest inflation figure of 6.52 per cent is above the Reserve Bank of India (RBI) tolerance