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
Category: Economy
*****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
*****The rebalancing act | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-rebalancing-act-122050100939_1.html Excess policy accommodation will affect growth The Reserve Bank of India’s (RBI’s) new Report on Currency and Finance (RCF), released last week, presented
**From recession to inflation, how the US Fed has dealt with crises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/from-recession-to-inflation-how-the-us-fed-has-dealt-with-crises/articleshow/91229425.cms Synopsis The Fed has long played a decisive role when the world’s largest economy faces tough times. Here are some of its major
*****Why we must clearly define atmanirbharta and our reasons for chasing it | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-we-must-clearly-define-atmanirbharta-and-our-reasons-for-chasing-it-122042900955_1.html Employment deficit is a bigger problem for India than trade deficit. That and the feasibility question should not be lost in PLI’s search
***Bank credit to industry turns around in FY22, infra lending tops Rs 1 trn | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bank-credit-to-industry-turns-around-in-fy22-infra-lending-tops-rs-1-trn-122042901210_1.html Credit to medium-sized industries grew a robust 71.4% in March 2022 from 34.5% last year, that to micro and small units was 21.5%
*****Inflation India: Covid may get over, Ukraine war may end but inflation is going to continue: Swaminathan Aiyar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/covid-may-get-over-ukraine-war-may-end-but-inflation-is-going-to-continue-swaminathan-aiyer/articleshow/91141437.cms SECTIONS Covid may get over, Ukraine war may end but inflation is going to continue: Swaminathan Aiyar By Tamanna Inamdar ,Last Updated: Apr
India Inc plans greater capex push in FY23, says CEO survey by BS | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-inc-plans-greater-capex-push-in-fy23-says-ceo-survey-by-bs-122042601459_1.html More than half the CEOs surveyed say they plan to increase investment by over 25% Companies in India are planning to accelerate investment
White goods PLI round 2: 19 global, domestic companies file applications | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/white-goods-pli-round-2-19-global-domestic-companies-file-applications-122042700017_1.html A senior government official said the second round of applications was invited as the entire allocated funds were not utilised. As many 19
Industry well placed to ride any RBI policy rate hike: CII President – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/industry-well-placed-to-ride-any-rbi-policy-rate-hike-cii-president/article65353796.ece TV Narendran, President, CII | Photo Credit: KAMAL NARANG Policy rate hike seems imminent with industry claiming preparedness to cope with it; former
*This age of inflation – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/this-age-of-inflation/article65344563.ece?homepage=true How RBI postponed the necessary course-correction Representational photo: The RBI has fed the inflation dragon by consciously and actively letting monetary policy stray
*FY23 CAD maybe 10 yr high, export growth can be sustained: SBI Research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/fy23-cad-maybe-10-yr-high-export-growth-can-be-sustained-sbi-research/articleshow/91006830.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis As per the report, 55% of the increase in exports in FY22 is attributed to quantity effect and the rest 45% is