Clipped from: https://www.deccanherald.com/opinion/first-edit/ignoring-inflation-may-not-be-wise-1080569.html RBI The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has maintained the status quo on interest rates and retained
Category: Economy
The jobs crisis | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-employment-problem-predates-covid-7768433/ India’s employment problem predates Covid. The pandemic has deepened the faultlines The employment crisis in India predates Covid. However, several fault lines have
PLI scheme may generate 6 million jobs in next 5 years: FM Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/pli-scheme-may-generate-6-million-jobs-in-next-5-years-fm-sitharaman-122020100561_1.html Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response The Production-Linked Incentive
Nirmala Sitharaman is right to gamble on growth. But she should know it’s a gamble – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-nirmala-sitharaman-is-right-to-gamble-on-growth-but-she-should-know-its-a-gamble/articleshow/89437360.cms Synopsis All good things must end. Inflation is now rising everywhere (almost 7% in the US). To check prices, the Fed may raise
Little fiscal headroom for govt to respond to future shocks: Fitch | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/little-fiscal-headroom-for-govt-to-respond-to-future-shocks-fitch-122020701306_1.html Rating agency says it revised Outlook on India’s rating to Negative from Stable in June 2020, partly due to its assumptions about pandemic
No more liquidity support: Advice from Raghuram Rajan and Viral Acharya | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/raghuram-rajan-and-viral-acharya-say-enough-no-more-liquidity-support-122020700283_1.html Their paper makes the point that creation of huge amounts of money by a central bank need not necessarily galvanise output. The Monetary
RBI MPC may fast track monetary policy normalisation as US Fed rate hike looms and bond yields jump – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-mpc-may-fast-track-monetary-policy-normalisation-as-us-fed-rate-hike-looms-and-bond-yields-jump/2429170/ RBI Governor Shaktikanta Das is expected to make monetary policy statement on February 10 at 10 AM. So far, RBI has taken an
Capex push to spur both demand and supply: Principal economic advisor Sanjeev Sanyal – The Financial Express
Clipped from: https://www.financialexpress.com/budget/capex-push-to-spur-both-demand-and-supply-principal-economic-advisor-sanjeev-sanyal/2428972/ The government, however, has admittedly been more conservative in its approach in the Budget and predicted nominal growth of just 11.1% in FY23.
Govt prepared to deal with any global development: FM Nirmala Sitharaman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-prepared-to-deal-with-any-global-development-fm-nirmala-sitharaman/article64969753.ece File photo of Nirmala Sitharaman,Minister of Finance and Corporate Affairs in New Delhi | Photo Credit: KAMAL NARANG FM Nirmala Sitharaman exuded confidence
Direct Benefit Transfer (DBT) and the benefits it has delivered – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-direct-benefit-transfer-dbt-and-the-benefits-it-has-delivered/article64959153.ece Since April 1, 2021, over Rs 4.53 lakh crore in cash and kind has been provided under DBT through 455 crore transactions What
RBI Policy Review: Inflation may take spotlight, but growth war still on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-policy-review-inflation-may-take-spotlight-but-growth-war-still-on/articleshow/89407865.cms Synopsis An ET poll comprising 22 respondents predicts that at its three day policy review ending Thursday, the RBI’s Monetary Policy Committee will
A slippery scene on the oil front – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-slippery-scene-on-the-oil-front/articleshow/89413619.cms Synopsis Energy prices have been feeding inflation in advanced economies, the central bankers of which have begun to tighten interest rates even as
Low rural offtake weighs as FMCG volumes shrink nearly 2% in Q3FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/low-rural-offtake-weighs-as-fmcg-volumes-shrink-nearly-2-in-q3fy22-122020801911_1.html Value growth still higher due to price hikes Fast-moving consumer goods or FMCG companies have seen demand, especially from rural areas, take a hit thereby pulling
Reducing edible oil imports | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/reducing-edible-oil-imports-122020802054_1.html India needs a stable policy framework Just days after Union Finance Minister Nirmala Sitharaman spoke in her Budget speech about boosting the output
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
Budget alone can’t push recovery – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/budget-alone-cant-push-recovery/2417696/ The business environment needs to be helpful so that the informal sector can recover and create jobs One must acknowledge that finance minister,
Income Question: India’s budget choices have become harder – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-budget-choices-have-become-harder/2417688/ Income-loss is a big headwind to growth in the medium term; Budget must cut fiscal deficit sharply, while increasing income support even if
US Fed is far behind the curve on controlling inflation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-federal-reserves-mad-scramble/2416607/ The current upsurge in inflation is not transitory or to be dismissed as an outgrowth of idiosyncratic Covid-19-related developments. It is widespread, persistent,
Fiscal headroom for Covid to play out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/fiscal-headroom-for-covid-to-play-out/articleshow/89256195.cmsSynopsis A V-shaped recovery pushing up tax receipts handsomely, and stepped-up capital expenditure in the second half of 2021-22, have created fiscal headroom for
Ramp up support | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/economic-survey-nirmala-sitharaman-ramp-up-support-7750374/ Economic Survey points to scope for greater government aid to economy. Credible path for fiscal consolidation is also needed As the annual flagship