India’s steel export duties begin to hurt as Chinese players capture international markets https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-steel-export-duties-begin-to-hurt-as-chinese-players-capture-international-markets/articleshow/93628925.cms Download Economic Times App to stay updated with Business News –
Category: Economy
Two members of the RBI’s rate-setting panel flag GST hike as upside risk to inflation
Two members of the RBI’s rate-setting panel flag GST hike as upside risk to inflation https://economictimes.indiatimes.com/news/economy/indicators/two-members-of-the-rbis-rate-setting-panel-flag-gst-hike-as-upside-risk-to-inflation/articleshow/93674951.cms Download Economic Times App to stay updated with Business
What’s really happening with exchange rates?
What’s really happening with exchange rates?: https://www.thehindubusinessline.com/opinion/whats-really-happening-with-exchange-rates/article65747496.ece
Growth-inflation-external balance triangle much better for current fiscal now, says FinMin report
Growth-inflation-external balance triangle much better for current fiscal now, says FinMin report: https://www.thehindubusinessline.com/economy/growth-inflation-external-balance-triangle-much-better-for-current-fiscal-now-says-finmin-report/article65788416.ece
India can strike out into next decade with a 11% growth rate, says RBI Dy Guv Patra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-can-strike-out-into-next-decade-with-a-11-growth-rate-says-rbi-dy-guv-patra/article65764760.ece?cx_testId=6&cx_testVariant=cx_1&cx_artPos=1#cxrecs_s ‘If this is achieved, India will become the second largest economy in the world by 2031 itself’ Demographics, manufacturing, exports and internationalisation are
Fragmentation of global trade leads to sub-optimal outcomes | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fragmentation-of-global-trade-leads-to-sub-optimal-outcomes-122080700939_1.html The tensions near Taiwan go up at a time when the relations between Russia and the US and its allies are at rock
India’s outbound tourism to surpass USD 42 bn by 2024: Report
India’s outbound tourism to surpass USD 42 bn by 2024: Report https://economictimes.indiatimes.com/industry/services/travel/indias-outbound-tourism-to-surpass-usd-42-bn-by-2024-report/articleshow/93415761.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Festive season: Burst of discretionary spending likely till December; recovery seen for electronics, gifting too
Festive season: Burst of discretionary spending likely till December; recovery seen for electronics, gifting too https://economictimes.indiatimes.com/news/economy/indicators/festive-season-burst-of-discretionary-spending-likely-till-december-recovery-seen-for-electronics-gifting-too/articleshow/93417652.cms Download Economic Times App to stay updated with Business
India Inc upbeat as inflation pain starts to ease
India Inc upbeat as inflation pain starts to ease https://economictimes.indiatimes.com/news/company/corporate-trends/india-inc-upbeat-as-inflation-pain-starts-to-ease/articleshow/93415756.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Tomato humbles RBI | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/tomato-humbles-rbi/2612716/ Higher the weight of food in the overall CPI, the more difficult it is for monetary-policy-squeeze alone to contain inflation. Inflation in tomatoes
IMF slashes India’s FY23 GDP growth forecast by 80 bps to 7.4% | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/imf-slashes-india-s-fy23-gdp-growth-forecast-by-80-bps-to-7-4-122072601026_1.html IMF cites less favourable external conditions and rapid policy tightening by RBI as reasons for lowering India’s growth outlook (Photo: Reuters) The International
Lessons from a tax cut | Business Standard Column
ears of a huge revenue loss from the 2019 reduction in corporation tax rates were exaggerated Almost three years ago, the Modi government had introduced
Avoid aggressive management of rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/avoid-aggressive-management-of-rupee/article65686738.ece Forex intervention by RBI has actually contained rupee depreciation. But the benefits of heavy intervention are not very clear The rupee has crossed
recession: A global recession will pose enormous fiscal challenges. India must be prepared – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/a-global-recession-will-pose-enormous-fiscal-challenges-india-must-be-prepared/articleshow/93145050.cms Synopsis India’s fiscal deficit was at 2.5% of GDP when the Great Recession struck, and Pranab Mukherjee increased it to 6.9%. This time,
Securitisation of loans given by MFIs sees healthy bounce back: ICRA – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/securitisation-of-loans-given-by-mfissees-healthy-bounce-back-icra/article65680801.ece Due to increased collection efforts, regulatory support in the form of restructuring and moratorium, and reduced concerns about the pandemic impact, investors are
RBI ‘correct’ to use FX reserves to tackle rupee volatility: Econ adviser | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-correct-to-use-fx-reserves-to-tackle-rupee-volatility-econ-adviser-122072500502_1.html The RBI is justified in using the country’s foreign exchange reserves to smooth out volatility in the rupee’s moves against the dollar, a
Revenue-oriented policies need to be reviewed to fight inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/revenue-oriented-policies-need-to-be-reviewed-to-fight-inflation-122072400910_1.html However, the government can review its excessive revenue-oriented policies to tackle inflation and boost domestic demand The strengthening of the US dollar by
*******Rupee at 80: What can be done? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rupee-at-80-what-can-be-done-122072400487_1.html We need to maintain the gap of interest rate differential with the US by raising rates in a measured way and allow the
Bulk of India Inc’s overseas debt is hedged: RBI governor Shaktikanta Das | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/bulk-of-ecbs-effectively-hedged-external-sector-well-buffered-rbi-s-das-122072200514_1.html No particular level of rupee in mind but have zero tolerance for volatile movements: Das Shaktikanta Das speaks at the annual banking conference