Clipped from: https://www.thehindubusinessline.com/money-and-banking/industry-hopes-govt-retains-export-sops-on-rupee-settled-deals/article65631262.ece Calls to cut down huge price difference between the buy and sell quote on the rupee The industry trade with countries facing sanctions
Category: Economy
Ahead of inflation data, understanding how CPI is linked to RBI and markets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ahead-of-inflation-data-understanding-how-cpi-is-linked-to-rbi-and-markets-122071200839_1.html The Reserve Bank of India (RBI) hiked the benchmark interest rate, or repo rate, in May and then in June to control demand
Prospects of a global recession looms. Small businesses prepare for trial by fire – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/prospects-of-a-global-recession-looms-small-businesses-prepare-for-trial-by-fire/articleshow/92817438.cms SynopsisTalk around the dreaded R-word (recession) is getting louder as inflation, geopolitical tensions and supply chain disruptions hammer the global economy. What does
Is commodity prices spike sparking emerging markets crises? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-commodity-prices-spike-sparking-emerging-markets-crises/article65628178.ece Food and fuel price increases have wreaked havoc and fuelled inflation in many developing economies. But their debt problems cannot be blamed on
RBI allows international trade settlement in Rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-allows-international-trade-settlement-in-rupee/article65627903.ece This comes even as the rupee sank to new low; may help in trade with countries such as Russia, Iran and Sri Lanka
*****India External Debt: Centre allays concerns over $620.7 bn external debt, says its share only 21% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/centre-allays-concerns-over-620-7-b-external-debt-says-its-share-only-21/articleshow/92811944.cms Synopsis The government on Monday dismissed apprehensions about India’s external debt, saying out of India’s total external liability of $620.7 billion, the Centre’s
*Forex reserves & rupee’s exchange rate: What are they and how are they related? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/forex-reserves-rupee-exchange-rate-explained-8021551/ In this edition of ExplainSpeaking, we look at forex reserves and exchange rates, how they impact each other, and why it’s necessary to
*******Govts should mobilise more domestic resources via tax reforms: Albert Park | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govts-should-mobilise-more-domestic-resources-via-tax-reforms-adb-official-122071000419_1.html In an Q&A, ADB Chief Economist Albert Park tells that countries in region may not be able to carry on with large expenditures
*****India can reach 8% sustained growth: Ex-NITI Aayog vice-chairman Panagariya | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-can-reach-8-sustained-economic-growth-says-arvind-panagariya-122071000463_1.html ‘I fully support the capex push. I do not believe in sector specific interventions’, said Panagariya Arvind Panagariya Apart from pressures on the
*******Inflation to ease gradually in H2 this year : RBI Governor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/inflation-to-ease-gradually-in-h2-rbi-governor/article65619520.ece Will ensure soft landing, says Shaktikanta Das RBI (Reserve Bank of India) Governor Shaktikanta Das on Saturday expressed optimism that inflation would come
S&P Global India: Services up, now for the returns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/services-up-now-for-the-returns/articleshow/92708660.cms Synopsis The Reserve Bank of India (RBI), which has raised the repo rate to tame inflation, anticipates higher pass-through of input cost to
*******Navigating India’s soft landing | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/navigating-india-s-soft-landing-122070701234_1.html Unless the geopolitical situation worsens considerably, chances of a soft landing are higher in India than in the US The inflation rate needs to fall.
*******Fiscal consolidation today | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fiscal-consolidation-today-122070701289_1.html Mercifully, India has been spared the problems that foreign currency sovereign debt would have posed Fiscal consolidation (FC) in a recession is contextually very
*******IMF Chief Kristalina says cannot rule out possible global recession | Business Standard News
Clipped from: https://www.business-standard.com/article/international/imf-chief-kristalina-says-cannot-rule-out-possible-global-recession-122070700006_1.html The IMF is expected to release its updated forecast for 2022 and 2023 in late July, after slashing its forecast by nearly a
*****No relief yet | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-relief-yet-122070601369_1.html Govt must be prepared to face oil price risks A prolonged war and the possibility of a recession in a number of large
RBI steps in to boost forex inflows, stem rupee weakness – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-announces-measures-to-enhance-forex-inflows/article65606893.ece It also eased norms for NRI deposits In the backdrop of global uncertainty and the continuing weakness of the rupee against the US
Commodities crash to multi-month lows as recession fears grip markets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/commodities-crash-to-multi-month-lows-as-recession-fears-grip-markets/article65608674.ece More fall likely as analysts draw parallel to 2008 plunge As fears of recession, global economic slowdown and a flare-up of Covid cases
Stock market guru and economist tell us all about inflation spike – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/a-fund-manager-an-economist-talk-inflation/articleshow/91601943.cms What will happen to family budgets, savings & investment choices, India Inc’s investment plans and job creation as prices soar and RBI tightens policy screws?
*******RBI unveils measures to curb rupee slump, boost forex inflows – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/rbi-unveils-measures-to-curb-rupee-slump-boost-forex-inflows/articleshow/92706992.cms NEW DELHI: The Reserve Bank of India (RBI) on Wednesday unveiled fresh measures to stabilise the rupee, which touched multiple record lows against
*****Surging imports and slowing exports will make current account deficit rise. Weaker currency will help ease pressure | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/surging-imports-slowing-exports-deficit-currency-8011041/ While the government has taken a spate of measures, which include increasing the import duty on gold, levying taxes and imposing restrictions on
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