Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/jobless-growth-is-unsustainable/articleshow/90277239.cms Synopsis Welfare, even with vastly improved targeting, cannot be a substitute for jobs and job creation, and increasing welfare does not sit well
Category: Economy
EPFO’s interest rate needs to be aligned with broader economy. But it also needs to better manage the investment corpus | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/a-reality-check-epfo-government-securities-indian-economy-7821492/ Even as EPFO needs more leeway in setting its interest rate, it needs to better manage the risk-reward profile of its investments, while
Fiscal consolidation has begun too soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/fiscal-consolidation-has-begun-too-soon/article65229139.ece The funds for MGNREGA scheme was drastically cut in this year’s Budget The Hindu KIRAN BAKALE | Photo Credit: Kiran Bakale Squeezing social
Wheat stocks in central pool could be lowest in the last three years | Business Standard News
lipped from: https://www.business-standard.com/article/markets/wheat-stocks-in-central-pool-could-be-lowest-in-the-last-three-years-122031600055_1.html Will still be around 160% more than quantity required under buffer norms Photo: Bloomberg India’s opening stocks of wheat in the central pool are expected
Increasing inflation risks | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/india-s-big-problem-122031501505_1.html Unemployment continues to worry The eleventh round of the periodic labour force survey (PLFS), covering the months of April to June 2021, has
India’s big problem | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/india-s-big-problem-122031501505_1.html Unemployment continues to worry The eleventh round of the periodic labour force survey (PLFS), covering the months of April to June 2021, has
Auto PLI scheme: Maruti, Hero among 75 firms to get govt’s nod | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/auto-pli-scheme-investment-proposals-overshoots-target-122031501328_1.html Bharat Forge, Bosch India, CEAT, BHEL, and Ola Electric also on the list Photo: Bloomberg Major automotive (auto) component manufacturers and automakers on
Russia-Ukraine war poses upside risk to inflation: Finance ministry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/russia-ukraine-war-poses-upside-risk-to-inflation-finance-ministry-122031600051_1.html Monthly report says second advance GDP estimate reaffirms full recovery The finance ministry said on Tuesday that high energy and commodity prices due
Atmanirbhar Bharat not a closed economy, it’s global: NITI Aayog V-C | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/atmanirbhar-bharat-not-a-closed-economy-it-s-global-niti-aayog-v-c-122031600056_1.html Self-reliance is not the same thing as self-sufficiency, NITI Aayog V-C said NITI Aayog Vice-Chairman Rajiv Kumar The Atmanirbhar Bharat initiative is not
India considers buying discounted Russian oil, commodities – The Economic Times
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
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
