Clipped from: https://www.business-standard.com/article/finance/rbi-will-ensure-stability-in-the-forex-market-says-shaktikanta-das-122031401430_1.html In a fireside chat with Tamal Bandyopadhyay in November 2021, Reserve Bank of India Governor Shaktikanta Das says challenges of all kinds come
Category: Economy
Jobless growth is unsustainable – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/jobless-growth-is-unsustainable/articleshow/90277239.cms Synopsis Welfare, even with vastly improved targeting, cannot be a substitute for jobs and job creation, and increasing welfare does not sit well
EPFO’s interest rate needs to be aligned with broader economy. But it also needs to better manage the investment corpus | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/a-reality-check-epfo-government-securities-indian-economy-7821492/ Even as EPFO needs more leeway in setting its interest rate, it needs to better manage the risk-reward profile of its investments, while
Fiscal consolidation has begun too soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/fiscal-consolidation-has-begun-too-soon/article65229139.ece The funds for MGNREGA scheme was drastically cut in this year’s Budget The Hindu KIRAN BAKALE | Photo Credit: Kiran Bakale Squeezing social
Wheat stocks in central pool could be lowest in the last three years | Business Standard News
lipped from: https://www.business-standard.com/article/markets/wheat-stocks-in-central-pool-could-be-lowest-in-the-last-three-years-122031600055_1.html Will still be around 160% more than quantity required under buffer norms Photo: Bloomberg India’s opening stocks of wheat in the central pool are expected
Increasing inflation risks | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/india-s-big-problem-122031501505_1.html Unemployment continues to worry The eleventh round of the periodic labour force survey (PLFS), covering the months of April to June 2021, has
India’s big problem | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/india-s-big-problem-122031501505_1.html Unemployment continues to worry The eleventh round of the periodic labour force survey (PLFS), covering the months of April to June 2021, has
Auto PLI scheme: Maruti, Hero among 75 firms to get govt’s nod | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/auto-pli-scheme-investment-proposals-overshoots-target-122031501328_1.html Bharat Forge, Bosch India, CEAT, BHEL, and Ola Electric also on the list Photo: Bloomberg Major automotive (auto) component manufacturers and automakers on
Russia-Ukraine war poses upside risk to inflation: Finance ministry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/russia-ukraine-war-poses-upside-risk-to-inflation-finance-ministry-122031600051_1.html Monthly report says second advance GDP estimate reaffirms full recovery The finance ministry said on Tuesday that high energy and commodity prices due
Atmanirbhar Bharat not a closed economy, it’s global: NITI Aayog V-C | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/atmanirbhar-bharat-not-a-closed-economy-it-s-global-niti-aayog-v-c-122031600056_1.html Self-reliance is not the same thing as self-sufficiency, NITI Aayog V-C said NITI Aayog Vice-Chairman Rajiv Kumar The Atmanirbhar Bharat initiative is not
India considers buying discounted Russian oil, commodities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/india-considers-buying-discounted-russian-oil-commodities-officials-say/articleshow/90199586.cms Synopsis India is considering taking up a Russian offer to buy its crude oil and other commodities at discounted prices with payment via
India’s growth story is ‘missing’ women – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/indias-growth-story-is-missing-women/article65212714.ece Women’s higher work participation is vital for inclusive growth. Women-friendly work policies are the need of the hour In 2021, India fell 28
Banks report robust pick up in credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/banks-report-robust-pick-up-in-credit/article65212678.ece Crisil estimates that gross bank credit in FY22 will grow by 9-10 per cent against 5 per cent in FY21 Banks have reported
US inflation hit fresh 40-year high of 7.9% before crude oil spike | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-inflation-hit-fresh-40-year-high-of-7-9-before-crude-oil-spike-122031100043_1.html While February was once forecast as the peak for US inflation, now readings are set to increase to above 8 per cent, according
A fresh blow to globalisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-fresh-blow-to-globalisation-122031001659_1.html The conflict in Ukraine will deepen concerns about globalisation and national security The world has changed since Ukraine. It is too early to
We see inflation averaging 5.4% in FY23: Crisil Chief Economist D K Joshi | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/we-see-inflation-averaging-5-4-in-fy23-crisil-chief-economist-d-k-joshi-122031000895_1.html In a Q&A, he says the Ukraine war-led spike in commodity prices will impact household inflation, and that the capex thrust by the
New solar PLI scheme to cap bidding capacity at 10 Gw for past winners | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-solar-pli-scheme-to-cap-bidding-capacity-at-10-gw-for-past-winners-122031001352_1.html The minimum Local Value Addition (LVA) or use of local content for participating manufacturers kept at 90% The new round of the production
Govt to extend loan scheme for building healthcare, medical infrastructure | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-to-extend-loan-scheme-for-building-healthcare-medical-infrastructure-122031001668_1.html A medical worker at a makeshift healthcare facility for Covid-19 patients in Delhi on January 18, 2022. (PTI Photo/Kamal Singh) The Centre will
Rupee fall: No panic, but time to be cautious | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rupee-fall-no-panic-but-time-to-be-cautious/2454525/ RBI well-positioned to intervene in the currency market; export-gains expected may not materialise though. With inflation likely to cross 6% and chances of
Ukraine war impact reverberates through world’s factory floor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/ukraine-war-impact-reverberates-through-worlds-factory-floor/articleshow/90115232.cms Synopsis Copper, used in appliances and wiring, reached new highs. Nickel, used in lithium-ion batteries, has spiked to a record while other raw
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