Clipped from: https://www.business-standard.com/article/economy-policy/capex-is-the-route-to-economic-revival-says-fm-nirmala-sitharaman-122070200024_1.html In an exclusive interview with BS, Sitharaman says spend on capital assets may work better than sector-specific fiscal steps Union Finance Minister Nirmala
Category: Economy
*How the RBI unconventionally innovated policy to fight the pandemic-Soumya Kanti Ghosh writes:-INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/how-the-bank-held-its-own-8002098/ Soumya Kanti Ghosh writes: It did not get fixated on a one-point agenda, daring to look beyond the inflation print, focussing on economic
The art and science of managing inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-art-and-science-of-managing-inflation-122062800021_1.html The conduct of monetary policy is not based on simplistic binaries, particularly during times of extraordinary uncertainty The conduct of monetary policy in
Widening trade deficit: Prospects are for a doubling of current account deficit in FY23 | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/widening-trade-deficit-prospects-are-for-a-doubling-of-current-account-deficit-in-fy23/2565889/ The most efficacious policy response to deal with widening trade imbalances is to maintain an open and unrestrictive trade policy, as has been
*****All RBI is saying is, give growth a chance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/all-rbi-is-saying-is-give-growth-a-chance/articleshow/92090052.cms Synopsis The risks to the central bank’s inflation guidance – a percentage point higher than what it expected two months ago – are
*Current account deficit likely to hit three-year high at $43.8 billion in FY22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/current-account-deficit-likely-to-hit-three-year-high-at-43-8-billion-in-fy22/articleshow/92107268.cms Synopsis According to an assessment by India Ratings, the Current Account Deficit (CAD) has moderated to USD 17.3 billion or 1.96 per cent
*****Inflation-brace for aftershocks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inflation-brace-for-aftershocks-122051001670_1.html Goods producers have passed on more input cost increases than services producers Inflation is here to stay. It is currently affecting different groups of
*****Indian Economy: Glass half-full or half-empty for India? | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indian-economy-glass-half-full-or-half-empty-for-india/2519439/ The half-empty side of the picture on the economy front outweighs the considerations that push a half-full view India has returned to being
*****No cause for panic: Rupee fall is a concern, but it is still over-valued in terms of REER | The Financial Express
lipped from: https://www.financialexpress.com/opinion/no-cause-for-panic-rupee-fall-is-a-concern-but-it-is-still-over-valued-in-terms-of-reer/2519535/ The rupee’s fortunes can look up if capital flows are strong. It is possible FPIs will come back to the equity market once
*****Can the Indian economy survive a global downturn? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/can-the-indian-economy-survive-a-global-downturn/article65401455.ece China’s lockdown is disrupting global supply lines and creating shortages globally | Photo Credit: STRINGER Covid-19, a war in Europe and the Shanghai
*****Inflation-brace for aftershocks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inflation-brace-for-aftershocks-122051001670_1.html Goods producers have passed on more input cost increases than services producers Inflation is here to stay. It is currently affecting different groups of
*****Chinese check – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/chinas-zero-covid-policy-threatens-to-deepen-the-disruption-arising-out-of-the-ukraine-war/article65388281.ece The harsh lockdown in Shanghai and other parts of China is having a crippling impact on world economy | Photo Credit: BRENDA GOH
*****Sustaining export growth | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/sustaining-export-growth-122050401289_1.html Commodity prices will push up trade deficit The Union Ministry of Commerce has released the preliminary data for India’s merchandise trade during April.
*****High growth sectors not getting adequate credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/high-growth-sectors-not-getting-adequate-credit/article65381375.ece Focus still on home loans | Photo Credit: Zephyr18 Also, the pricing of banks loans reveals a few kinks with regard to both
*Everything would begin to slow now except for inflation: Maneesh Dangi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/everything-would-begin-to-slow-now-except-for-inflation-maneesh-dangi/articleshow/91315696.cms SECTIONS Everything would begin to slow now except for inflation: Maneesh Dangi Last Updated: May 04, 2022, 06:01 PM IST Synopsis “I have
*****HDFC Ltd Q4 net profit rises 16.4% as disbursements hit record levels in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/hdfc-ltd-q4-net-profit-rises-164-per-cent/article65375241.ece To pay dividend of ₹30 per equity share of face value of ₹2 each The country’s largest mortgage financier HDFC Ltd recorded its
*****Manufacturing PMI rises to 54.7 in April, not much change on job front – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-factory-activity-quickens-in-april-amid-high-inflation/article65374954.ece Price pressure also edges up The manufacturing sector started fiscal 2022-23 with a bang. The Purchasing Managers’ Index (PMI) for April rose to
*****India’s $5-trillion economy dream: Not before FY29, says IMF | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-5-trillion-economy-dream-not-before-fy29-says-imf-122050300020_1.html However, the IMF data conveys that the economy will be $4.92 trillion in FY28, clearly alluding to the fact that the target will
*India must ensure it doesn’t get entrapped by stagflation: HUL MD Sanjiv Mehta – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fmcg/india-must-ensure-it-doesnt-get-entrapped-by-stagflation-mehta/articleshow/91241840.cms Synopsis Consumer-products makers including HUL have been increasing prices to offset the rising cost of energy, packaging and transport. With Russia’s invasion of
*****India wheat procurement target may be missed by a mile – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/india-wheat-procurement-likely-to-be-lower-by-over-50-of-govt-target/article65373749.ece Production hit by excess heat, farmers hold back produce as private traders scour for export supplies Chennai, May 1 With government officials at