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
Category: Economy
**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
*The biter bit: The sanctions on Russia are beginning to hurt buyers now | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-biter-bit-the-sanctions-on-russia-are-beginning-to-hurt-buyers-now-122042201047_1.html All things considered, might it have been better and cheaper, shed less blood, and avoided a huge refugee problem if Russia had been
*Fed chief Jerome Powell pivots toward 50 bps interest rate hikes | Business Standard News
Clipped from: https://www.business-standard.com/article/international/fed-chief-jerome-powell-pivots-toward-50-bps-interest-rate-hikes-122042300025_1.html Jerome Powell is taking direct aim at strong demand that the central bank wants to cool Federal Reserve Chair Jerome Powell (Photo: Reuters)
*Threat of shrinking forex reserves to amplify only if oil surges past $140 | The Financial Express
Clipped from: https://www.financialexpress.com/economy/threat-of-shrinking-forex-reserves-to-amplify-only-if-oil-surges-past-140/2498485/ Looking ahead, in terms of current account deficit (CAD), we expect the average quarterly level in FY2023 to be modestly higher than H2
*Economy in a bind: The tag of world’s fastest-growing economy is just a small consolation | The Financial Express
lipped from: https://www.financialexpress.com/opinion/economy-in-a-bind-the-tag-of-worlds-fastest-growing-economy-is-just-a-small-consolation/2498320/ Two years of Covid have sapped the economy and, as RBI noted recently, economic activity is recovering but is barely above its pre-pandemic
*Rupee on a downhill – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/statistalk/rupee-on-a-downhill/article65336392.ece The Indian currency has been one of the weakest Asian currencies so far this year. Significant levels of capital flight and rising prices
Farmers are doing well | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/farmers-are-doing-well-122041801212_1.html In 2022, India will record the fifth consecutive year of bumper wheat crop Labour statistics from CMIE’s Consumer Pyramids Household Survey has shown
*Indian economy not immune to negative externalities, says RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/indian-economy-not-immune-to-negative-externalities-says-rbi-report-122041800907_1.html Spurring private investment key for sustainable growth the report adds India is facing the tremors from the shocks emanating from geo-political tensions that
Wholesale inflation in March surges to second highest since 2004 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wpi-inflation-in-march-second-highest-since-2004-as-commodity-prices-spike-122041801262_1.html This surge comes as commodity prices harden amid the Russia-Ukraine offensive The wholesale price index (WPI)-based inflation rate in March shot up to the second
*Economy to feel pinch of higher commodity prices: CEA V Anantha Nageswaran | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/economy-to-feel-pinch-of-higher-commodity-prices-cea-v-anantha-nageswaran-122041900036_1.html ‘Employment generation is both a near-term and long-term priority’, said Nageswaran Chief Economic Advisor V Anantha Nageswaran Inflation will definitely impact the Indian
*How the poor are paying the price for the global oil spike – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/how-the-poor-are-paying-the-price-for-the-global-oil-spike/article65333446.ece Economic pain Developing nations are bearing a disproportionate burden of the oil price spurt GIRI KVS GIRI KVS Rich nations’ response to rising
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