India on firm ground, but severe conditions may hit outlook: S&P https://economictimes.indiatimes.com/news/economy/indicators/india-on-firm-ground-but-severe-conditions-may-hit-outlook-sp/articleshow/94819444.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Category: Economy
Continuing oil shock
https://www.financialexpress.com/opinion/higher-prices-signal-greater-vulnerability-in-indias-external-accounts/2707431/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/FYBjx7yQEcMfz8cs5
India’s CPI inflation surges to 5-month high of 7.41% in September; above RBI threshold for 9th month in a row
https://www.financialexpress.com/economy/indias-cpi-inflation-surges-to-5-month-high-of-7-41-in-september-above-rbi-threshold-for-9th-month-in-a-row/2708102/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/XKjYoBfXNGXRHne16
IMF warns ‘Worst is yet to come’ as steps to slow inflation raise risks
IMF warns ‘Worst is yet to come’ as steps to slow inflation raise risks https://economictimes.indiatimes.com/small-biz/trade/exports/insights/imf-warns-worst-is-yet-to-come-as-steps-to-slow-inflation-raise-risks/articleshow/94801075.cms Download Economic Times App to stay updated with Business News
No need for panic if India does not grow at targeted rate of growth: Finance secretary TV Somanathan
No need for panic if India does not grow at targeted rate of growth: Finance secretary TV Somanathan https://economictimes.indiatimes.com/news/economy/policy/no-need-for-panic-if-india-does-not-grow-at-targeted-rate-of-growth-finance-secretary-tv-somanathan/articleshow/94736235.cms Download Economic Times App to stay
CBIC waives Interest on delayed payment of taxes via Sabka Vishwas Scheme
CBIC waives Interest on delayed payment of taxes via Sabka Vishwas Scheme: https://www.thehindubusinessline.com/economy/interest-on-delayed-payment-of-tax-dues-can-be-waived-off-under-sabka-vishwas-legacy-dispute-resolution-scheme-cbic/article65980564.ece
Current account deficit: Making sense of India’s burgeoning import bill
Current account deficit: Making sense of India’s burgeoning import bill https://economictimes.indiatimes.com/opinion/et-commentary/current-account-deficit-making-sense-of-indias-burgeoning-import-bill/articleshow/94667971.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
On Budget review eve, macro worries are back amid global recession fears | Business News,The Indian Express
lipped from: https://indianexpress.com/article/business/economy/budget-review-eve-macro-worries-are-back-amid-global-recession-fears-8194278/ While tax revenues have posted robust growth, it is being felt that the revenue trend will have to turn better during October-March, since
On a wing and a prayer: Only this explains the RBI move to jack up rates | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/on-a-wing-and-a-prayer-only-this-explains-the-rbi-move-to-jack-up-rates-122100100140_1.html By raising the repo rate, the RBI has sacrificed growth and investment to try and contain inflation, which even the government says, has
WTO slashes global 2023 trade growth forecast to 1% as recession looms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wto-slashes-global-trade-forecast-for-2023-to-1-as-recession-looms-122100500781_1.html Forecast lowered from 3.4% as recession looms India’s merchandise exports could face major headwinds next year with the World Trade Organization (WTO) slashing its forecast
Experiments stumble in UK economy that recently fell below India’s
Experiments stumble in UK economy that recently fell below India’s https://economictimes.indiatimes.com/news/international/business/experiments-stumble-in-uk-economy-that-recently-fell-below-indias/articleshow/94648582.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Businesses brace for currency chaos in Asia, a region with a history of crisis
Businesses brace for currency chaos in Asia, a region with a history of crisis https://economictimes.indiatimes.com/news/international/business/businesses-brace-for-currency-chaos-in-asia-a-region-with-a-history-of-crisis/articleshow/94648678.cms Download Economic Times App to stay updated with Business News
Rationale behind raising interest rates
Rationale behind raising interest rates: https://www.thehindu.com/business/Economy/rationale-behind-raising-interest-rates/article65960316.ece
Currency pressure: On the rupee’s depreciation against the dollar
Currency pressure: On the rupee’s depreciation against the dollar: https://www.thehindu.com/opinion/editorial/currency-pressure-the-hindu-editorial-on-the-rupees-depreciation-against-the-dollar/article65927659.ece
As loan growth hits 9-year high, deposit rates set to rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/as-loan-growth-hits-9-year-high-deposit-rates-set-to-rise/article65903826.ece With liquidity shrinking, banks will need to mop-up deposits by hiking rates The Nifty Bank index touched an all-time high 41,209 points last
Inflation easing but stay cautious: Finance ministry report | The Financial Express
Clipped from: https://www.financialexpress.com/economy/inflation-easing-but-stay-cautious-finance-ministry-report/2672145/ Says soaring consumer sentiment, rising employment to sustain growth. While retail inflation dropped from 7.79% in April to 7% in August, wholesale price
fed: The Fed in Wonderland: Quantitative easing, tightening are much like Alice’s Eat Me, Drink Me game – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/the-fed-in-wonderland-quantitative-easing-tightening-are-much-like-alices-eat-me-drink-me-game/primearticleshow/94082716.cms SynopsisAfter keeping interest rates low for years, the US Federal Reserve has taken to quantitative tightening. From September 1, the Fed started to
China exports: Chinese economy’s export pillar shows cracks from global slowdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/chinese-economys-export-pillar-shows-cracks-from-global-slowdown/articleshow/94236918.cms Synopsis Alarm bells sounded for China’s $18 trillion economy when trade data last week showed export growth well short of expectations and slowing
