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
Category: Economy
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
*Close the policy gap | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/close-the-policy-gap-122040501395_1.html RBI has fallen behind the curve The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will meet this week for the first time in
*Unwarranted confidence over external finances – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/unwarranted-confidence-over-external-finances/article65291233.ece Surge in external commercial borrowing and short-term debt have added to the external vulnerabilities /iStockphoto suman bhaumik Surge in external commercial borrowing and
*Explain Speaking: How is India’s exchange rate related to its current account deficit, forex reserves, and balance of payment? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/india-exchange-rate-current-account-deficit-forex-balance-of-payment-7851688/ Essentially, the BoP allows us to figure out the rupee’s exchange rate vis-a-vis the different currencies. What is BoP, how does it balance
*India shouldn’t fall for Putin’s rupees-for-rubles deal | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/india-shouldn-t-fall-for-putin-s-rupees-for-rubles-deal-1096643.html Russia is reportedly offering India a $35 discount per barrel on the pre-war price of flagship Urals grade oil Russian President Vladimir Putin
*Inflation and the implications of taking supply-side path for growth | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/inflation-and-the-implications-of-taking-supply-side-path-for-growth-1097371.html inflation The fiscal policy of the Union government is highly paradoxical in nature while realising the growth targets. Deriving pieces of evidence from
*India’s jobless rate falls to 7.6% in March from 8.1% a month earlier: CMIE | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/india-s-unemployment-rate-falls-to-7-6-in-march-from-8-10-in-feb-cmie-122040300533_1.html Unemployment rate in the country is decreasing with the economy slowly returning to normal, according to CMIE data. Unemployment rate in the country is
*Implications of short-term gain of cheap Russia oil must be weighed | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/implications-of-short-term-gain-of-cheap-russia-oil-must-be-weighed-122040300985_1.html So, India should carefully weigh the short term gains of buying cheap oil from Russia against implications of annoying the western alliances Last
*****Reform reversal | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/reform-reversal-122040300993_1.html States should not go back on pensions There is a wide consensus among experts that India needs to take the economic reforms process
*Exports rise 40% to touch $418 bn in FY22, surpass govt target by 5% | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exports-rise-40-to-touch-418-bn-in-fy22-surpass-govt-target-by-5-122040300599_1.html The growth was driven by higher demand for items in the petroleum, gems and jewellery, engineering products The value of goods exported from
*India’s FY23 GDP growth estimated at 7.4%, RBI rate hike by year end: Ficci | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-fy23-gdp-growth-estimated-at-7-4-ficci-survey-122040300687_1.html RBI is likely to start a rate hike cycle in the second half of 2022, while a repo rate hike of 50-75 bps
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