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
Category: Economy
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
Modi’s truths, government’s credibility | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/modi-s-truths-government-s-credibility-122012801991_1.html ‘One can’t understand why, for example, the shifting of the Amar Jawan Jyoti had to be done so quietly’, says the author As
RBI ‘behind the curve’ criticism: Patra says approach has served us well | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/rbi-behind-the-curve-criticism-patra-says-approach-has-served-us-well-122012801809_1.html Addressing criticism of the RBI being “behind the curve”, Michael Patra said that so far, “the approach has served us well”. RBI Deputy
India will again be among world’s fastest-growing economies: Patra | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-will-again-be-among-world-s-fastest-growing-economies-patra-122012900032_1.html RBI deputy governor says private consumption and investment remains a work in progress Michael Patra, Deputy Governor, RBI India will once again be
Economy needs more hand-holding, fiscal correction can wait: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/economy-needs-more-hand-holding-fiscal-correction-can-wait-report-122012801650_1.html The successive waves of the pandemic has made it more difficult to reduce government debt as a share of GDP in the medium-term,
Do the math for India’s budget and you have a jobs crisis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/do-the-math-for-indias-budget-and-you-have-a-jobs-crisis/article64942844.ece 200 million jobs are missing from the economy and they will be hard to revive without fiscal policy playing a supportive role When it
US Fed statement effect: G-Sec yields jump, rupee weakens – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/us-fed-statement-effect-g-sec-yields-jump-rupee-weakens/article64942334.ece The hike in federal fund rates could trigger capital outflows and weaken currencies Government Securities (G-Secs) yields jumped about 8-9 basis points to
Policy implications of WPI-CPI dynamics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/wpi/article64943341.ece For monetary policy, tasked with curbing inflation that is on the high side amidst uncertain growth, these are difficult times indeed The complex
New normal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fed-tightens/article64942084.ece It’s a new normal for markets and policymakers as global liquidity tightens and rates harden Global financial markets are already beginning to heave.
Nuts and bolts of govt capex spend – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-nuts-and-bolts-of-govt-capex-spend/article64941366.ece A higher capital expenditure by government will help generate demand in the economy and sustain economic growth What is government capital expenditure? Government
Need for fiscal consolidation – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-need-for-fiscal-consolidation/article64938621.ece Debt is one liability that is difficult to defer. Uncontrolled fiscal deficit hurts growth What is fiscal deficit? Fiscal deficit is the excess