Clipped from: https://www.thehindubusinessline.com/economy/india-is-not-insulated-from-global-uncertainties-cea-debroy/article66337935.ece Simplified GST, direct tax system need of the hour Bibek Debroy, Chief Economic Advisor (CEA) to the Prime Minister | Photo Credit: SHIV
Category: Economy
GST buoyancy: On GST revenues in December – The Hindu***
Clipped from: https://www.thehindu.com/opinion/editorial/gst-buoyancy/article66331268.ece December’s revenues signal some post-festive fervour in the economy At almost ₹1.5 lakh crore, Goods and Services Tax (GST) inflows in December 2022
Recession will hit a third of the world this year, warns IMF chief – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/economy/recession-will-hit-a-third-of-the-world-this-year-warns-imf-chief/article66330195.ece The year 2023 will be tougher than last year because the economies of the US, the EU and China will slow down, Kristalina
GST mop-up about Rs 1.5 trillion in Dec, third-highest ever: FinMin data | Business Standard News*
Clipped from: https://www.business-standard.com/article/economy-policy/gst-mop-up-about-rs-1-5-trillion-in-dec-third-highest-ever-finmin-data-123010100431_1.html Gross goods and services tax (GST) collection for December rang up over Rs 1.49 trillion, the data released by the finance ministry showed. This is
Indian economy is confronting strong global headwinds: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-economy-is-confronting-strong-global-headwinds-cautions-financial-stability-report/article66318109.ece Declining tendency in GNPAs ratio is likely to continue The Indian economy remains vulnerable to formidable global headwinds, which act as a drag on
An inflation measure watched by the Fed eases to 5.5% – The Economic Times*****
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/an-inflation-measure-watched-by-the-fed-eases-to-5-5/articleshow/96461275.cms Synopsis Friday’s report from the Commerce Department showed that prices rose 5.5% in November from a year earlier, down from a revised 6.1%
The trade balance | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-trade-balance-122121901239_1.html Containing imports will not help One of the big economic policy challenges this year has been the management of the external sector. Higher
On balance, India is in a sweet spot | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/on-balance-india-is-in-a-sweet-spot-122121800461_1.html We have emerged as a source of global economic stability and are still the fastest-growing large economy Having successfully navigated the pain points
How to turn on the private capex tap – The Economic Times***
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/how-to-turn-on-the-private-capex-tap/articleshow/96155325.cms Synopsis Private capex is reviving in sectors that cater to domestic demand. A broader resurgence in manufacturing can be obtained by pushing industry
Tackling inflation with accommodation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/tackling-inflation-with-accommodation/articleshow/96064910.cms Synopsis Exchange rate intervention has delivered an appreciation of the rupee in real effective terms between April and October. India has been through
RBI should stamp out inflation –Courtesy BusinessLine
RBI should stamp out inflation: https://www.thehindubusinessline.com/opinion/rbi-should-stamp-out-inflation/article66236029.ece
Indian economy: $4-trillion: The world faces an economic loss the size of Germany. Can India absorb the impact? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/4-trillion-the-world-faces-an-economic-loss-the-size-of-germany-but-can-india-absorb-the-impact/articleshow/96045453.cms SynopsisThe IMF says the world will lose economic output equal to the German economy between now and 2026. India has a chance to
Fitch Ratings raises India’s GDP growth forecast to 7% for FY 23; consumption, investment better than expected — Courtesy Financial Express
https://www.financialexpress.com/economy/fitch-ratings-raises-indias-gdp-growth-forecast-to-7-for-fy-23-consumption-investment-better-than-expected/2902390/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/mpLD2wLfodubTidr8
US markets struggle for direction ahead of Fed rate hike next week –Courtesy Financial Express
https://www.financialexpress.com/investing-abroad/featured-stories/us-markets-struggle-for-direction-ahead-of-fed-rate-hike-next-week/2902560/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/intKQ9gbKPbStTQh9
High inflation, weak demand expected to pull down economic growth to 4.0%-4.5% in 2HFY23 –Courtesy Economic Times
High inflation, weak demand expected to pull down economic growth to 4.0%-4.5% in 2HFY23 https://economictimes.indiatimes.com/small-biz/sme-sector/high-inflation-weak-demand-expected-to-pull-down-economic-growth-to-4-0-4-5-in-2hfy23/articleshow/96021997.cms Download Economic Times App to stay updated with Business News
India’s GDP to grow at 6.9% in FY23 & will remain one of the fastest-growing major economies, says World Bank –Courtesy Economic Times
India’s GDP to grow at 6.9% in FY23 & will remain one of the fastest-growing major economies, says World Bank https://economictimes.indiatimes.com/news/economy/indicators/world-bank-lowers-indias-gdp-forecast-to-6-9-for-fy23/articleshow/96022030.cms Download Economic Times App
Emerging markets face risk of policy error amid conflicting priorities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/emerging-markets-face-risk-of-policy-error-amid-conflicting-priorities/articleshow/96001012.cms Synopsis In India, year-on-year growth more than halved to 6.3% in the latest quarter even as consumer-price growth remained above policymakers’ upper tolerance
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