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
Category: Economy
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
Accessories as policy signals – The Hindu BusinessLine
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
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