Clipped from: https://www.business-standard.com/article/opinion/inflation-targeting-122070501369_1.html It should be followed and communicated properly Containing inflation and managing inflation expectations have perhaps become the biggest challenge for policymakers across the world. The inflation rate in the
Category: Economy
*****Windfall tax: $12 margin hit for Reliance; Govt rakes in ₹1.3 lakh crore – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/windfall-tax-12-margin-hit-for-reliance-govt-rakes-in-13-lakh-crore/article65599205.ece The windfall tax on crude production could generate revenue of ₹65,600 crore and tax on export products another ₹52,700 crore if they were
*****Are India’s forex reserves adequate? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/are-indias-forex-reserves-adequate/article65600445.ece International Investment Position, which is a better metric than import cover, paints a less-than-rosy picture India has witnessed outflows of $29 billion in
*****Government committed to the fiscal deficit target of 6.4%, says official – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/government-committed-to-stick-to-64-per-cent-fiscal-deficit-says-official/article65599207.ece ‘No cap and deadline fixed for withdrawal of windfall gain tax’ The Government is committed to stick to the fiscal deficit target of
*Trade gap widens to record $25.6 bn; imports surge to $63.58 bn in June | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/june-merchandise-trade-gap-at-record-25-6-bn-experts-say-cad-could-double-122070401194_1.html India’s traditional high dependence on crude oil led to its imports soaring 94.2 per cent in June to $20.7 billion Among major import
*******The long-term hurdles to India’s export growth | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-long-term-hurdles-to-india-s-export-growth-122070401365_1.html No country has succeeded in becoming a merchandise export powerhouse unless its quality standards are uniformly high Can exports power India’s economic growth?
*Why has the govt eased norms for Indians to receive more money from relatives abroad, but hiked import duty on gold? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-govt-eased-norms-indians-receive-money-relatives-abroad-hiked-import-duty-gold-8006940/ Both the steps, taken in a matter of two days, are aimed at curbing the outflow of funds and on the other hand
*Capex for revival | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/capex-for-revival-122070301025_1.html Govt has done well to increase expenditure The biggest challenge for Indian policymakers at the moment is to lead the economy to a
*Resilient amid risks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/as-the-rbi-points-out-the-crisis-in-npas-and-nbfcs-has-been-alleviated-but-fintech-poses-a-problem/article65595740.ece As the RBI points out, the crisis in NPAs and NBFCs has been alleviated but fintech poses a problem The key takeaway from
*Twin deficit problem: What does it mean and how does it affect an economy? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/finance/what-is-a-twin-deficit-problem-122062300077_1.html The finance ministry recently said that India is at low risk of stagflation. But it also cautioned about a twin deficit problem that
*The rupee’s ‘new lows’: Why it’s not necessarily a cause for concern | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-rupee-s-new-lows-why-it-s-not-necessarily-a-cause-for-concern-122070101203_1.html The framers of a ‘strong currency’ policy ignore that almost every country with a successful long-term record of development has pursued a ‘weak
*Capex is the route to economic revival, says FM Nirmala Sitharaman | Business Standard News
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
*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
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