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
India is not insulated from global uncertainties: CEA Debroy – The Hindu BusinessLine*****
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