Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/taper-tantrum-2-0-eco-survey-says-india-is-better-prepared-this-time-around/articleshow/89241601.cmsSynopsis India’s Economic Survey for 2021-22 suggests that even as central banks across the world, particularly the US Federal Reserve, have started rolling back
Category: Economy
Economy to grow at 9.2% in current fiscal, 8-8.5% in FY23: Economic Survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economy-to-grow-at-9-2-in-current-fiscal-8-8-5-in-fy23-economic-survey/articleshow/89242658.cmsSynopsis According to the Survey, the growth projection is mainly on account of widespread vaccine coverage, gains from supply-side reforms and easing of regulations,
Economic Survey 2021-22: Experts give thumbs up to India’s growth spurt despite Covid uncertainty – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economic-survey-2021-22-experts-give-thumbs-up-to-indias-growth-spurt-despite-covid-uncertainty/articleshow/89246632.cmsSynopsis Experts pointed out that the main reason for the lower forecast is non-availability of significant base effects in 2022-23 as compared to 2021-22.
Budget 2022 will be MSME and Export Oriented: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/budget-2022-will-be-msme-and-export-oriented-fieo/articleshow/89216282.cmsSynopsis FIEO President A Sakthivel suggested that container manufacturing should be encouraged more so as we are also pushing coastal shipping in our country.
Pocketing even 1% market share from China means India gets a $10-billion opportunity in textiles, says industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/pocketing-even-1-market-share-from-china-means-india-gets-a-10-billion-opportunity-in-textiles-says-industry/articleshow/89193697.cmsSynopsis China-plus-one has created a growth window for the Indian textiles segment, and the PLI Scheme can give the sector a boost. There might
Expectations from Budget 2022 vis-a-vis insolvency law – BusinessToday
Clipped from: https://www.businesstoday.in/union-budget-2022/opinion/story/expectations-from-budget-2022-vis-a-vis-insolvency-law-320860-2022-01-30 While the signs of legislative pro-activeness may have been apparent through these five years of IBC, only time will answer these instrumental questions
Time for India to Set Up a Fiscal Council – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/time-for-india-to-set-up-a-fiscal-council/articleshow/89230884.cmsSynopsis The assessment will help GoI evaluate macroeconomic conditions better and articulate the reason for where the fiscal deficit should be, keeping investors and
India’s core inflation puzzle – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/behaviour-of-inflation-in-india/article64958152.ece A new consumption basket based on current trends is needed for inflation measurement Growth started decelerating from Q4 of 2018. This deceleration iwas
Tax when you want to spend | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/tax-when-you-want-to-spend-122013001016_1.html Raise the tax-GDP ratio to finance rising revenue expenditure The principal fiscal challenge that India faces is the stagnation in the tax-GDP ratio for
Global trade cloud over current account – The Financial Express
Clipped from: https://www.financialexpress.com/editorial/global-trade-cloud-over-current-account/2415924/ A wider external account deficit likely in FY22; risks of FDI & portfolio outflows are a worry. The current account—which is the broadest
Divestment and its importance in a Union Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-divestment-and-its-importance-in-a-union-budget/article64951591.ece There are three main appraoches to disinvestment What is disinvestment? Disinvestment is the action of a government or an organisation selling or liquidating
Goldman Sachs predicts Fed will raise rates five times this year | Business Standard News
Clipped from: https://www.business-standard.com/article/international/goldman-sachs-predicts-fed-will-raise-rates-five-times-this-year-122012901154_1.html Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase & Co. and
Budget should focus on bridging widened inequality in economy: Ex-RBI Guv | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-should-focus-on-bridging-widened-inequality-in-economy-ex-rbi-guv-122012700959_1.html The upcoming Budget should focus on creating jobs and bridging the widened inequality in the economy besides accelerating growth, former RBI Governor D
Budget 2022: Capex likely to focus on jobs creation, PLI expansion | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2022-capex-likely-to-focus-on-jobs-creation-pli-expansion-122012700768_1.html India’s Federal Budget FY23’s Capex thrust is likely to focus on rural welfare and employment generation schemes. India’s Federal Budget FY23’s Capex thrust is likely
Budget should maximise capex, set stage for MPC to control inflation | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2022-budget-should-maximise-capex-set-stage-for-mpc-to-control-inflation-122012700168_1.html Budget 2022: ICRA expects a satus quo on the stance of the monetary policy as well as the reverse repo rate in the
US economy regains speed, GDP grows 6.9% in Q4, beats estimates; 2021 growth best in nearly 4 decades – The Financial Express
Clipped from: https://www.financialexpress.com/economy/us-economy-regains-speed-gdp-grows-6-9-in-q4-beats-estimates-2021-growth-best-in-nearly-4-decades/2417666/ The economy grew 5.7% in 2021, the strongest since 1984. It contracted 3.4% in 2020, the biggest drop in 74 years. Growth last
Jerome Powell to Kerry Craig: Expert take on US Fed’s hawkish comments | Business Standard News
There’s a risk that the high inflation we’re seeing will be prolonged, there’s a risk that it will move even higher. We have to be
India’s exports to China jump 34% to $22.9 billion in 2021, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-exports-to-china-jump-34-to-22-9-billion-in-2021-shows-data-122012801852_1.html Imports, on the other hand, rose 28 per cent to USD 87.5 billion in 2021 India’s exports to China have increased about 34 per cent to USD
Gold imports hit 10-year high as jewellery demand doubles | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/gold-imports-hit-10-year-high-as-jewellery-demand-doubles-122012900070_1.html Celebrations picked up in full swing in the three months through December, more than doubling full-year imports to 925 tonnes Gold imports in the
Oil rises for sixth week as growing chorus predicts $100 price | Business Standard News
Clipped from: https://www.business-standard.com/article/international/oil-rises-for-sixth-week-as-growing-chorus-predicts-100-price-122012900802_1.html Oil’s stellar start to the year comes despite a soft patch in global equity markets after the Federal Reserve signaled it’s ready to