lipped from: https://economictimes.indiatimes.com/markets/commodities/news/what-would-a-us-ban-on-russian-oil-mean-for-the-world/articleshow/90067243.cms Synopsis JP Morgan predicts oil could hit a record $185 a barrel by the end of 2022 if disruption to Russian exports lasts
Category: Economy
Tread softly on India’s trade landscape – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-editorial/tread-softly-on-indias-trade-landscape/articleshow/90001771.cms Synopsis The current account deficit (CAD) had widened to 1.3% of GDP at the end of September from a surplus of 0.9% in
Russia-Ukraine war to weigh on India’s growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/russia-ukraine-war-to-weigh-on-indias-growth/articleshow/90040493.cms Synopsis While retail inflation can be checked through a cut in excise duty on oil, it will disturb the government’s budget. Reduced revenues
HDFC Bank News: HDFC Bank’s Bhaskar Panda on rising oil prices, rupee fall & bond market – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/hdfc-banks-bhaskar-panda-on-rising-oil-prices-rupee-fall-bond-market/articleshow/90051051.cms SECTIONS HDFC Bank’s Bhaskar Panda on rising oil prices, rupee fall & bond market Last Updated: Mar 07, 2022, 03:30 PM IST Synopsis
Importing inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/importing-inflation/article65199563.ece India should brace itself for a spike in inflation triggered by Russia’s invasion of Ukraine As the conflict between Russia and Ukraine escalates,
RBI must start focusing on inflation control – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/rbi-must-start-focusing-on-inflation-control/article65199566.ece With the Ukraine war adding to inflationary pressures, RBI’s accommodative stance may no longer be tenable The monetary policy committee in February 2022
Helpful changes in Customs and GST procedures | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/helpful-changes-in-customs-and-gst-procedures-122030700019_1.html Many Customs notifications allow imports at lower or nil rates of duty, specified goods for use in the manufacture of specified products The Finance
Ukraine conflict likely to affect growth: RBI MPC member Jayanth Varma | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ukraine-conflict-likely-to-affect-growth-rbi-mpc-member-jayanth-varma-122030600265_1.html Asia’s third-largest economy is projected to grow 8.9 per cent in the fiscal year ending March 31, slower than previously anticipated 9.2 per
Economic recovery gaining strength as India emerges out of 3rd wave: RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/economic-recovery-gaining-strength-as-india-emerges-out-of-3rd-wave-rbi-122021601238_1.html FY23 Budget proposals, recent monetary policy set tone for broad-based economic revival, says RBI Photo: Shutterstock The Indian economy is gaining momentum as it comes
Performance enhancer: PLI alone can’t change the game – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/performance-enhancer-pli-alone-cant-change-the-game/2439549/ Performance-linked incentives may attract investors to India, but cost-of-doing-business must improve to ensure long-term investment Will it be the game-changer the government expects,
Forced multiplier: Will public capex crowd in private investment? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/forced-multiplier-will-public-capex-crowd-in-private-investment/2450315/ Recent evidence appears rather weak, need to study why capex impulse hasn’t delivered since FY18 There could be many reasons as to why
As wheat prices soar, India looks for export markets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/as-wheat-prices-soar-india-looks-for-export-markets/article65191674.ece With huge surplus, can turn Asia’s ‘food bowl’; APEDA in touch with countries, Indian missions abroad India is reaching out to exporters and
Russian sanctions: Steel-makers hike prices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/russian-sanctions-steel-makers-hike-prices/article65191680.ece Steel demand remains weak as many end-users cut down purchases; dealers are stocking cautiously Supplies expected to be hit globally; hot-rolled coils hit
Ready for more rate hikes, says US Federal Reserve’s Jerome Powell | Business Standard News
Clipped from: https://www.business-standard.com/article/international/ready-for-more-rate-hikes-says-us-federal-reserve-s-jerome-powell-122030500093_1.html Russia’s attack has whiplashed financial markets and sent energy and commodity prices surging, with West Texas Intermediate crude hovering around $110 a barrel.
India’s food inflation set to worsen as Russia-Ukraine crisis intensifies | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-food-inflation-set-to-worsen-as-russia-ukraine-crisis-intensifies-122030500081_1.html Among food items, the data shows that inflation in milk has risen from 2.73 per cent in January 2021 to 4.09 per cent
Rupee heading for its all-time low, likely to hit 77/$ level: Poll | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-heading-for-its-all-time-low-likely-to-hit-77-level-poll-122030500002_1.html Photo: Brent Lewin/Bloomberg Posting its worst weekly loss in 11 months, the rupee on Friday breached the 76/$ level despite heavy dollar selling by state-run
Exporters bear the brunt as Russia-Ukraine crisis takes its toll | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exporters-bear-the-brunt-as-russia-ukraine-crisis-takes-its-toll-122030500067_1.html War could affect export demand as Europe is the largest national export market for India Ukrainian service members near a school building destroyed
FinMin to monitor revenue, expenditure on daily basis from March 15 | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/finmin-to-monitor-revenue-expenditure-on-daily-basis-from-mar-15-to-keep-fiscal-deficit-in-check-122030300851_1.html Keen to keep government deficit within stated targets, the finance ministry will from March 15 start daily monitoring of the revenue receipts, including
India’s February sunflower oil imports fall as war disrupts shipments | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-february-sunflower-oil-imports-fall-as-war-disrupts-shipments-122030400052_1.html Ukraine and Russia account for more than 90% of India’s imports of sunflower oil Photo: Wikipedia India’s sunflower oil imports plunged 54% in February from
Crude oil eases on Iran deal prospects after nearing $120 a barrel | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/crude-oil-eases-on-iran-deal-prospects-after-nearing-120-a-barrel-122030400061_1.html Despite the market turmoil, the Organization of Petroleum Exporting Countries and its allies are sitting on the sidelines Crude markets have suffered a