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
Category: Economy
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
Rising oil can burn Rs 1-trillion hole in govt coffers in FY23: SBI report | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/rising-oil-can-burn-rs-1-trillion-hole-in-govt-coffers-in-fy23-sbi-report-122022500575_1.html Based on the existing value-added tax (VAT) structure and taking Brent crude price of $100 – $110 per barrel, SBI believes diesel and
Consumer durables firms in wait-and-watch mode | Russia-Ukraine crisis: Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/russia-ukraine-crisis-consumer-durables-firms-in-wait-and-watch-mode-122022600065_1.html Freight costs had only recently started to stabilise, which were on the rise during the pandemic. Representative image Consumer durables firms are closely monitoring
Supply disruptions may cost Tirupur’s garment industry Rs 1,200 cr a month | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/supply-disruptions-may-cost-tirupur-s-garment-industry-rs-1-200-cr-a-month-122022600058_1.html The last few days had seen prices of cotton rising in India with reports of a Russian invasion After being hit by the
Need govt support, specific incentives for services sectors: Exporters | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/need-govt-support-specific-incentives-for-services-sectors-exporters-122022600007_1.html SEPC says travel, tourism and hospitality sectors need govt support Service Exports from India Scheme (SEIS) is the only central incentive scheme that
Pharma exporters feel the pinch – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/pharma-exporters-feel-the-pinch/article65082160.ece KARNATAKA : BENGALURU : 28/01/2022 : BBMP Health worker vaccinating for COVID-19 at Shivajinagar Health worker in Bengaluru on Friday 28 January 2022.
Barley prices may bubble up with Ukraine conflict – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/barley-prices-may-bubble-up-with-ukraine-conflict/article65082158.ece Beer-makers already reeling under high production costs may feel the heat Bengaluru, February 24The escalating strife between Ukraine and Russia is expected to
Conflict to weigh heavily on tea exports from India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/conflict-to-weigh-heavily-on-tea-exports-from-india/article65082162.ece Beautiful tea garden rows scene isolated with blue sky and cloud, design concept for the tea product background, copy space, aerial view |
Facing the job problem | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/facing-the-job-problem-122022401724_1.html Rajasthan’s urban job programme might be difficult to implement The government of Rajasthan has decided to initiate an urban job guarantee scheme in the state
Govt must limit the Ukraine damage: Cut fuel excise duty to keep the fledgling recovery on track – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/govt-must-limit-the-ukraine-damage-cut-fuel-excise-duty-to-keep-the-fledgling-recovery-on-track/2444039/ As of now, oil marketing companies are estimated to be incurring ‘losses’ to the tune of Rs 10 per litre of fuel. As
Putin’s oil and gas shock and awe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/putins-oil-and-gas-shock-and-awe/articleshow/89810035.cms Synopsis The oil shock will require Indian policymakers to revisit the growth-inflation dynamic that underlined this year’s Union budget and the subsequent monetary