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
Category: Economy
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
Russia-Ukraine crisis: Former RBI Governor Rajan says impact may not be limited to oil & gas – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/russia-ukraine-crisis-former-rbi-governor-rajan-says-impact-may-not-be-limited-to-oil-gas/articleshow/89795615.cms Synopsis Amid rising tensions over the ongoing invasion of Ukraine by Russia, former Reserve Bank of India (RBI) governor Raghuram Rajan has said
Europe is desperate for aluminum and traders are getting creative – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/europe-is-desperate-for-aluminum-and-traders-are-getting-creative/articleshow/89789199.cms Synopsis With demand booming, any further supply disruptions would be a big blow to manufacturers who are already paying steep prices to get
inflation: ‘The sky’s the limit’: Food inflation to worsen on Ukraine – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/the-skys-the-limit-food-inflation-to-worsen-on-ukraine/articleshow/89816325.cms Synopsis Wheat in Chicago surged to the highest level in more than 13 years on Friday after gains were capped in the previous
sunflower oil: Ukraine crisis threatens sun oil supply, fuels veg oils rally – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/ukraine-crisis-threatens-sun-oil-supply-fuels-veg-oils-rally/articleshow/89790243.cms Synopsis Vegetable oil buyers were banking on sunflower oil, the fourth most produced oil after rapeseed oil, to plug the supply gap. MUMBAI:
Russia, Ukraine crisis might give India opportunity to export more wheat – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/russia-ukraine-crisis-might-give-india-opportunity-to-export-more-wheat/articleshow/89817349.cms Synopsis More than a quarter of the world’s wheat export comes from Russia and Ukraine. Russia is the world’s largest exporter of wheat,
Ukraine-Russia war to lead to currency fluctuations, rise in energy prices and worsening of supply chain crisis, says industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/ukraine-russia-war-to-lead-to-currency-fluctuations-rise-in-energy-prices-and-worsening-of-supply-chain-crisis-says-industry/articleshow/89818093.cms Synopsis The country’s MSMEs, already reeling from the fallout of the pandemic, have enough reasons to be worried about the crisis. These small
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