Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/accessories-as-policy-signals/article65185229.ece Russia’s central bank chief uses brooches to convey policy intent The Central Bank of Russia is in a tizzy — after all, it
Category: Economy
Exports up 22% in Feb; trade deficit widens on rising imports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/exports-up-22-in-feb-trade-deficit-widens-on-rising-imports/article65185159.ece On track to hit $400-billion export target for FY22; Russia-Ukraine crisis weighs Sharp increase in shipments of engineering goods, petroleum products, gems &
Higher nominal GDP may give Centre a leeway to cut duty on petrol, diesel | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/higher-nominal-gdp-may-give-centre-a-leeway-to-cut-duty-on-petrol-diesel-122030300050_1.html Former RBI governor C Rangarajan believes it would be 13 per cent, though his projection came before the war Due to the Assembly
Opportunities and challenges for India as Russia reaches out amid sanctions | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/opportunities-and-challenges-for-india-as-russia-reaches-out-amid-sanctions-122030201237_1.html Gains likely with working of a crucial corridor, revival of Rupee-Ruble trade and benefits for Indian insurers; setback for New Delhi’s financial sector
Pace of govt capital expenditure not robust enough, feel policymakers | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pace-of-govt-capital-expenditure-not-robust-enough-feel-policymakers-122030300062_1.html The years FY21, FY22 and targets for FY23 have seen substantial jump in the Centre’s capex outlay. For a number of reasons, including
Two-wheeler sales skid 25% in February amid poor demand, chip shortage | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/two-wheelers-skid-25-in-february-amid-poor-demand-chip-shortage-122030200979_1.html Likely spike in fuel costs following soaring crude prices could delay recovery in the world’s largest market for scooters and motorcycles, said analysts
Russia-Ukraine war’s impact on global economy: What’s at stake? – BusinessToday
Clipped from: https://www.businesstoday.in/latest/world/story/russia-ukraine-wars-impact-on-global-economy-whats-at-stake-324513-2022-03-02 The Ukraine crisis has both magnified threat and complicated the potential solutions of several economic factors. Here’s a look at how global economy
The import (export) of the war for India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/the-import-export-of-the-war-for-india/articleshow/89931402.cms Synopsis They resumed their march within a week of the Russian invasion. Insurance premiums on cargo to the region are trending up as
Ukraine war may see import bills topping $600 bn this fiscal, pushing up inflation, CAD: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/ukraine-war-may-see-import-bills-topping-600-bn-this-fiscal-pushing-up-inflation-cad-report/articleshow/89936292.cms Synopsis Ratings agency India Ratings said the ongoing geopolitical risks arising from the Russia-Ukraine war would push India’s import bills higher for items
Exporters mull payment alternatives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/exporters-mull-payment-alternatives/article65182018.ece India’s total exports to Russia were valued at $2.6 billion | Photo Credit: Waldemarus Commerce Ministry officials consult Finance Ministry, RBI to ease
FY22 GDP estimates: Weak patches start to appear | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fy22-gdp-estimates-weak-patches-start-to-appear-122030100038_1.html The 8.9 per cent GDP growth in FY22 (9.2 per cent prelim estimates) partly also captures past revisions Q3FY22 growth disappoints, led by
High net exports signal rising pressure on India’s current account deficit | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/high-net-exports-signal-rising-pressure-on-india-s-current-account-deficit-122030200056_1.html Geopolitical risks, hardening commodity prices may push it up more: Experts India’s current account deficit (CAD) is set to widen in Q3 with net exports ratio touching
Watch the price line – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/watch-the-price-line/article65094783.ece Inflation control must be top priority for the government | Photo Credit: Kagenmi Underwhelming Q3 GDP figures underscore the importance of price stability
Food for thought – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/food-for-thought/article65091251.ece Record procurement and ballooning stocks of rice and wheat point to cropping imbalance India’s record procurement levels should not be viewed as an
Ukraine crisis aggravates inflation, growth concerns | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/ukraine-crisis-aggravates-inflation-growth-concerns-122022800040_1.html In recent years, the investments in mining fossil fuels have declined globally due to growing concerns Russia has brushed aside threats of crippling
Geopolitical risks overdone: RBI’s FX reserves will shield BoP from any oil shock due to rising geopolitical tensions – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/geopolitical-risks-overdone-rbis-fx-reserves-will-shield-bop-from-any-oil-shock-due-to-rising-geopolitical-tensions/2442956/ The govt will have to cut oil taxes to contain inflation at a time when consumption demand is already weak We also posit
To avoid stagflation, RBI needs to start hiking rates: Aurodeep Nandi, Nomura – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/rbi-likely-to-hike-rates-by-100-bps-this-year-aurodeep-nandi-nomura/articleshow/89846416.cms SECTIONS To avoid stagflation, RBI needs to start hiking rates: Aurodeep Nandi, Nomura Last Updated: Feb 26, 2022, 01:33 PM IST Synopsis “We
India watching global energy markets, supports release of oil from strategic storage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/india-watching-global-energy-markets-supports-release-of-oil-from-strategic-storage/articleshow/89850750.cms Synopsis International oil prices climbed to an over seven-year high of USD 105.58 on February 24 over concerns of supplies being disrupted as
ECGC withdraws coverage for shipments to Russia; huge setback for exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ecgc-withdraws-coverage-for-shipments-to-russia-huge-setback-for-exporters/articleshow/89846333.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis ECGC in a communication said “based on the near-term commercial outlook, it has been decided to modify the country risk classification of
Oil shock: Economy will suffer, but less reason to worry than in the past | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/oil-shock-economy-will-suffer-but-less-reason-to-worry-than-in-the-past-122022501197_1.html The fear now is that consumers will take longer to come out of their shell, growth will moderate and full recovery from the