Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rupee-80-how-worried-should-you-be/articleshow/92971077.cms Synopsis The Rupee breaching the psychological mark of 80 on Tuesday for the first time ever has set off alarms if this slump
Category: Economy
No need to be ‘overtly’ worried about fall in rupee: DEA Secretary | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/no-need-to-be-overtly-worried-about-fall-in-rupee-dea-secretary-122071901242_1.html The Indian currency, he said, has appreciated against several global currencies like British Pound, Japanese Yen and Euro. Economic Affairs Secretary Ajay Seth
Caution over rupee | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/caution-over-rupee-122071901520_1.html RBI must keep an eye on its reserves as dollar strengthens In the course of the day’s trading, the rupee hit a new
Ending of rate hikes in US to stem sharp rupee depreciation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/dollar-likely-to-stay-strong-in-near-term-rupee-to-test-81-in-q2fy23-122071900531_1.html With front-loaded rate hikes by the US Fed, the US dollar will remain relatively strong in the immediate term With the US dollar gaining strength
Moody’s warns of India’s vulnerability to volatile food, energy prices | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/moody-s-warns-of-india-s-vulnerability-to-volatile-food-energy-prices-122071900421_1.html Says major challenge for countries will be growing demands on fiscal resources to limit impact of price rise The report said harvests this
Rupee fall likely to hit govt finances with ballooning subsidy bill | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/eroding-rupee-may-impair-centre-s-finances-via-higher-subsidy-bill-122071901233_1.html The finance ministry has hinted that India’s fertiliser subsidy bill for 2022-23 (FY23) could rise to around Rs 2.5 trillion against Budget Estimates
Rupee at 80: Little relief on the cards from high trade deficit | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/limited-relief-from-record-trade-deficit-expected-as-rupee-hits-80-122071901432_1.html Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against
Rupee at 80: Signs of lower FY23 GDP and corporate sector growth | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-erosion-to-herald-lower-gdp-corporate-sector-growth-in-fy23-122071901459_1.html The correlation coefficient between the year-on-year (YoY) change in corporate sector revenue and the rupee exchange rate is minus 0.63 since 2003-04 (FY04)
*****Growth challenges ahead: Will the current circumstances be a repeat of 2019-20? | The Financial Express
lipped from: https://www.financialexpress.com/opinion/growth-challenges-ahead-will-the-current-circumstances-be-a-repeat-of-2019-20/2598050/ This time around, economic recovery appeared robust and gained momentum in Q4 FY22. A recession in the advanced economies could set back exports
*****US is exporting inflation, and Federal Reserve hikes will make it worse | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-is-exporting-inflation-and-federal-reserve-hikes-will-make-it-worse-122071801452_1.html With rates in the US rising much faster than in the eurozone and Japan, the dollar is soaring In Europe and elsewhere, energy
*Rupee close to 80 per dollar: How RBI steps may help stabilise it | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/rupee-close-to-80-per-dollar-how-rbi-steps-may-help-stabilise-it-122071701043_1.html Over the past month, the RBI has also taken several steps to attract fresh overseas capital to Indian markets Illustration: Ajay Mohanty The rupee has
*Business Standard poll: The worst may soon be over for rupee, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/business-standard-poll-the-worst-may-soon-be-over-for-rupee-say-experts-122071700681_1.html Illustration: Ajay Mohanty The Indian currency, which has depreciated almost 7 per cent against the dollar in 2022, may not weaken much over
*Rupee fall fuels inflation, but makes exports competitive: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rupee-fall-fuels-inflation-but-makes-exports-competitive-experts-122071700440_1.html?code=NTM4OTU9MTIyMDcxNzAwNDQw Rupee depreciation has impacted the current account deficit and fuelled inflationary pressures but at the same time it has made Indian exports more
*Rupee’s weakening against the dollar ‘quite mild’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/strength-of-us-dollar-against-inr-quite-mild-govt-sources/article65647297.ece Greenback strengthening against other currencies as well Strengthening of dollar against the rupee has been quite ‘mild’, government sources said on Saturday. In
*****Indian economy shows resilience: RBI Bulletin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-economy-shows-resilience-rbi-bulletin/article65648356.ece Our Bureau Mumbai, July 16 Lower orders of rate hikes can bring down inflation faster, conditional upon higher exchange rate pass-through (ERPT), according
Depreciating rupee a mixed bag for industry, software companies set to gain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/depreciating-rupee-a-mixed-bag-for-industry-software-companies-set-to-gain/articleshow/92921838.cms Synopsis The rupee, which has been depreciating against the greenback, is near the psychological barrier of 80 to a dollar and is
*******US Recession: How will a US recession play out for India, other emerging markets? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/how-will-a-us-recession-play-out-for-india-other-emerging-markets/articleshow/92789413.cms Synopsis Since the peak in October 2021, the Indian market has been in correction mode, with over $40 billion in FPI selling. That’s
*****India inflation: Indicators show inflation may be peaking, RBI says – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/indicators-show-inflation-may-be-peaking-rbi-says/articleshow/92923950.cms Synopsis The Reserve Bank of India in its July bulletin has said that there are indications that inflation may be peaking, adding that
*Deficit doubts: The Hindu Editorial on concern over current account deficit – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/deficit-doubts-the-hindu-editorial-on-concern-over-current-account-deficit/article65644248.ece?homepage=true Fretting about the current account deficit is warranted; fiscal space must also be reassessed Fretting about the current account deficit is warranted; fiscal
*******india gdp growth: Aurodeep Nandi on why Nomura more concerned about 2023 growth prospects – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/nomura-more-concerned-about-2023-where-india-gdp-growth-forecast-cut-to-4-7-aurodeep-nandi/articleshow/92899045.cms SECTIONS Aurodeep Nandi on why Nomura more concerned about 2023 growth prospects Last Updated: Jul 15, 2022, 03:56 PM IST Synopsis “What is