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
Category: Economy
👍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
👍👍Retail inflation rises to 6.52% in January, breaches RBI’s tolerance band | Business Standard News
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
👍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
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