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
Category: Economy
*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
*Spurring private investment, key to sustaining growth: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/spurring-private-investment-key-to-sustaining-growth-rbi/article65333410.ece India, a major importer of crude oil, remains vulnerable to volatility in crude oil prices and oil supply shocks, the article noted Global
Extreme poverty in India fell sharply in 2011-19: World Bank paper | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/extreme-poverty-in-india-fell-sharply-in-2011-19-world-bank-paper-122041800012_1.html Rural decline steeper than in urban centres The World Bank paper, however, did not say that India has almost eliminated extreme poverty as
Extreme poverty more than halves in India: World Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/extreme-poverty-more-than-halves-in-india-world-bank/article65330343.ece Extreme poverty in India has declined by over 12 percentage points during 2011-2019, a World Bank working paper has said.This is the second
*****RBI is right to prioritise inflation management. But it won’t be easy | Radhika Pandey writes
lipped from: https://indianexpress.com/article/opinion/columns/rbi-is-right-to-prioritise-inflation-management-but-it-wont-be-easy-7864974/ Radhika Pandey writes: Trade-off between managing prices and government’s borrowing programme will present a challenge. RBI has announced the withdrawal of some of
*****Sharp rise in inflation is likely to bring forward the RBI’s timelines for tightening of policy | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/sharp-rise-inflation-likely-rbis-timelines-for-tightening-of-policy-7868277/ The rise in retail inflation in March was driven primarily by food items — the consumer food price index rose to 7.68 per
Sensitive to the West’s sanctions against Russia, says RBI governor | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/sensitive-to-the-west-s-sanctions-against-russia-says-rbi-governor-122040801031_1.html No decision yet on Rupee-Rouble trade RBI Governor Shaktikanta Das | Illustration: Binay Sinha The Reserve Bank of India (RBI) on Friday said
*Export opportunity | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/export-opportunity-122040700031_1.html India can become a reliable grain exporter Union Commerce and Food Minister Piyush Goyal’s optimism about India’s wheat exports scaling a new high
*Game on – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/game-on/article65296537.ece **EDS: IMAGE POSTED BY @PiyushGoyal ON WEDNESDAY, APRIL 6, 2022** Melbourne: Union Commerce and Industry Minister Piyush Goyal addresses a gathering at the
*High oil prices and their domino effects – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/high-oil-prices-and-their-domino-effects/article65294527.ece Fuel and energy prices have a cascading effect, pushing up costs at every stage of production iStock uniquepixel | Photo Credit: uniquepixel Impact
Building on recovery in FY22, bank credit to see robust growth in new fiscal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/building-on-recovery-in-fy22-bank-credit-to-see-robust-growth-in-new-fiscal/article65294455.ece Double-digit jump in advances in Q4; retail lending leads, but corporate demand rising Reflecting the recovery in the economy after two years of
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