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
Category: Economy
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
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
Budget 2022 Survey: PLI, boost for ailing economy or under-utilised policy step? FM Sitharaman must plug gaps – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2022-survey-pli-boost-for-ailing-economy-or-under-utilised-policy-step-fm-sitharaman-must-plug-gaps/2417604/ According to a survey conducted by Financial Express Online, government must focus on plugging the gaps in the implementation of the Make-in-India centric
Budget 2022 Survey: Budget to focus on low consumer spending, commodity pricing, unemployment, say experts – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2022-survey-budget-to-focus-on-low-consumer-spending-commodity-pricing-unemployment-say-experts/2417561/ According to a budget survey conducted by Financial Express Online, experts and economists say low consumer spending, commodity pricing, unemployment, will be the
Budget 2022 should focus on bridging widened inequality in economy, creating jobs, says former RBI Governor D Subbarao – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2022-former-rbi-governor-d-subbarao-interview-on-economy-inequality/2417248/ The former RBI Governor pointed out that jobs have been lost because of the shift in activity from the labour-intensive informal sector to
US Fed likely to hike rates in March as Powell vows fight against highest level of inflation since 1980s – The Financial Express
Clipped from: https://www.financialexpress.com/economy/us-fed-likely-to-hike-rates-in-march-as-powell-vows-fight-against-highest-level-of-inflation-since-1980s/2416711/ Subsequent interest rate increases and an eventual reduction in the Fed’s asset holdings would follow as needed, Powell said, while officials monitor how
Increasing MSMEs’ share in GDP to 40% by 2025 is a herculean task: AIMA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-increasing-msmes-share-in-gdp-to-40-by-2025-is-a-herculean-task-aima/2413579/ Ease of Doing Business for MSMEs: Former MSME Minister Nitin Gadkari in 2020 had set a target of increasing MSMEs’ share in exports
Pricing in Inflation: Where is core CPI inflation headed? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/pricing-in-inflation-where-is-core-cpi-inflation-headed/2415908/ If the asymmetric behaviour in the past is a guide, the catch-up in core-CPI inflation could come quite fast. If past asymmetric behaviour
Need for fiscal consolidation – The Hindu BusinessLine
Clipped 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? Why is fiscal consolidation important
India is on course to be among the fastest growing economies of the world: RBI DG Patra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-is-on-course-to-becoming-among-the-fastest-growing-economies-of-the-world-rbi-dg-patra/article64943047.ece RBI Deputy Governor Michael Debabrata Patra noted that the impact of second wave is relatively less severe India is on course to be
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
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