Clipped from: https://www.business-standard.com/article/economy-policy/retail-inflation-again-breaches-rbi-s-tolerance-limit-in-january-123021301421_1.html Core inflation, that excludes food and fuel prices, remained sticky above the 6% mark India’s retail inflation reversed its downward trend in January and once
Category: Economy
👍Current account deficit may fall in Dec quarter as net exports ease | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-cad-likely-to-reduce-in-december-quarter-as-net-exports-eases-123021001548_1.html In the September quarter, CAD touched a nine-year high at 4.4 per cent from 2.2 per cent in the June quarter as the
For companies, input cost pressures ease but business growth uncertain – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/for-companies-input-cost-pressures-ease-but-business-growth-uncertain/article66482213.ece While some sectors may do well, especially in services, slowing consumption caused by RBI’s rate hikes will pose a challenge to most others
👍👍Growth-oriented Budget can worsen trade deficit | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/growth-oriented-budget-can-worsen-trade-deficit-123020500924_1.html The Indian economy is a ‘bright star’ growing at about 7 per cent, the fastest rate among major economies The Budget intends to
👍👍Certainly, uncertainty has declined | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/certainly-uncertainty-has-declined-123020500948_1.html Over the past year, global macroeconomic stability has improved, which sets the stage for good growth from 2024 One year ago, there was
👍👍Worst over for global economy, ‘softer recession’ likely: RBI governor | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/worst-for-global-economy-behind-us-says-rbi-governor-shakitakanta-das-123012700897_1.html There is a need to improve retail access to markets, particularly gilts and derivatives, he says International growth is expected to contract significantly
Macroeconomic stability getting further entrenched: RBI monthly bulletin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/macroeconomic-stability-getting-further-entrenched-rbi-monthly-bulletin/article66410050.ece Current account deficit is on course to narrow through the rest of 2022 and 2023 Macroeconomic stability is getting further entrenched with inflation
🙏No more than tweaks | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/no-more-than-tweaks/2952815/ Some rationalisation is needed, but the net effect of tax changes in the Budget will have to be revenue neutral. The corporation taxation
🙏Banks ‘batting’ for ECLGS extension
Banks ‘batting’ for ECLGS extension: https://www.thehindubusinessline.com/money-and-banking/banks-bat-for-extension-of-eclgs/article66396573.ece
Across the aisle by P Chidambaram: First advance warning of 2023-24 | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-first-advance-warning-of-2023-24/2948407/ Although based on data available only for the first eight months of the financial year, and some numbers are extrapolated, the estimates contain
Exports slide 12% on recession fears; trade deficit widens to $23.76 bn | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-exports-in-december-2022-dipped-by-12-2-to-34-48-billion-123011601019_1.html Imports last month also contracted 3.46 per cent to $58.24 billion, amid falling commodity prices India’s merchandise exports contracted 12.2 per cent year-on-year
Don’t need to revise 4 per cent inflation target, focus remains on core CPI: RBI Governor – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dont-need-to-revise-4-per-cent-inflation-target-focus-remains-on-core-cpi-rbi-governor/article66375158.ece RBI Governor Shaktikanta Das | Photo Credit: – RBI does not feel there is a need to revise the inflation target 4 per
Inflation cools to one-year low of 5.7% in December – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/double-delight-for-economy-industrial-growth-at-71-per-cent-retail-inflation-at-572-per-cent/article66370073.ece November factory output at a five-month high of 7.1 per cent Nearly three weeks before the Union Budget for FY24, Indian economy got
Imports from China, a big worry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/imports-from-china-a-big-worry/article66362125.ece Despite the PLI scheme, India’s import dependency remains alarming. The Budget must address this issue Global supply chain disruptions caused by Covid have
Financialising the economy | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/financialising-the-economy-123011001352_1.html The sector is expected to outperform Even as large parts of the broader Indian corporate world struggle to return to historical levels of
Fiscal focus | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fiscal-focus-123010800720_1.html Govt must aim for faster consolidation The National Statistical Office last week released the first advance estimates of national income for the ongoing