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
Category: Economy
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
Managing the rupee | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/managing-the-rupee-122030901384_1.html An orderly adjustment would be healthy The US banned energy imports from Russia on Tuesday to apply more economic pressure as the war
Crisil retains GDP growth forecast at 7.8 per cent for 2022-23 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/crisil-retains-gdp-growth-forecast-at-78-per-cent-for-2022-23/article65210617.ece Risks are shifting fast from Covid-19 to geopolitics, crude oil, and interest rate hikes in the US “Any potential upside due to the
Shifting gears on monetisation: This fiscal’s target may be achieved but challenges loom ahead – The Financial Express
lipped from: https://www.financialexpress.com/opinion/shifting-gears-on-monetisation-this-fiscals-target-may-be-achieved-but-challenges-loom-ahead/2455724/ Monetisation entails creation of new sources of revenue from public assets which will remain in the government’s control. The key feature is that
‘Extension of subsidy a welcome move’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/extension-of-subsidy-a-welcome-move/article65209045.ece The RBI has extended the scheme till March 2024 Exporters say itwill help them make betterpricing decisions The government’s decision to extend the
Export opportunities | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/export-opportunities-122030801634_1.html India should take advantage of higher global food prices Amid the wide-ranging economic fallout of the Russian invasion of Ukraine, the resultant spike
RBI’s $5.135-b dollar swap auction seen buoying rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/rbis-5135-b-dollar-swap-auction-seen-buoying-rupee/article65205979.ece Move expected to cool volatility inthe forex market; suck out liquidity In a move that could cool volatility in the rupee-dollar exchange rate,
Risks of imported energy get real | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/risks-of-imported-energy-get-real-122030701411_1.html If energy prices remain this high for a year, they could shave 3 per cent off India’s GDP, weaken the currency We ended
The coming storm | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-coming-storm-122030701390_1.html Russia-Ukraine fallout for India may be severe The Russian Federation’s invasion of neighbouring Ukraine has spooked markets, investors, and economic policymakers worldwide, but
Growth likely to be impacted by Russia-Ukraine conflict – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/growth-likely-to-be-impacted-by-russia-ukraine-conflict/article65202784.ece Inflation, increase in current account deficit and rupee depreciation among concerns Spiralling commodity and oil prices and concerns emanating from the Russia- Ukraine
Rupee at historic low, equities crash – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/rupee-at-historic-low-equities-crash/article65202752.ece Mumbai: People examine the Sensex updates on a screen outside the Bombay Stock Exchange (BSE) building, as the market goes down 1700 points,
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