Clipped from: https://www.business-standard.com/article/opinion/the-treacherous-labour-statistics-122021401882_1.html Employment did not expand to absorb the unemployed in January. On the contrary, it shrank by 3.3 million The unemployment rate fell in
Category: Economy
Asset monetisation: NITI seeks GST waiver for ‘rights to use’ transfers | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/asset-monetisation-niti-seeks-gst-waiver-for-rights-to-use-transfers-122021500055_1.html At present, the transfer of ‘Rights to Use’ is considered a supply under the GST regime, and attracts 18 per cent tax in
Not just manufacturing, electronics repair is a $20 billion opportunity, create 5 million jobs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/not-just-manufacturing-electronics-repair-is-a-20-billion-opportunity-create-5-million-jobs/articleshow/89557224.cms Synopsis With robust orders, Indian electronic repair companies would command greater leverage in sourcing of these components from abroad. India’s renewed thrust on
Retail inflation rises to 6.01 per cent in January, breaches RBI’s comfort mark – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/retail-inflation-rises-to-6-01-per-cent-in-january/articleshow/89567758.cms Synopsis In its recently concluded monetary policy meet, Reserve Bank of India said inflation based on consumer price index (CPI) is expected to
Rising WPI could upset RBI projections – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/high-wpi-could-pare-gdp-growth-rate/article65002566.ece Attaining a particular real GDP growth target is contingent on attaining desirable levels of both CPI and WPI inflation | Photo Credit: SHAILESH
As Fed hikes rates, will markets rally? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/as-fed-hikes-rates-will-markets-rally-122021300970_1.html When growth is slowing but the Fed continues to hike interest rates or refuses to cut them, stocks will fall It is a
Multidimensional approach key for India to achieve $1 trn exports by 2030: CII – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/multidimensional-approach-key-for-india-to-achieve-1-trn-exports-by-2030-cii/articleshow/89545720.cms Synopsis “With a holistic and aggressive approach, the aim to achieve USD 1 trillion in merchandise exports by 2030 is indeed achievable if
Claims vs reality: India’s bleak job picture | Deccan Herald
Clipped from: https://www.deccanherald.com/specials/claims-vs-reality-indias-bleak-job-picture-1080938.html Poor pandemic management has added 10 million youth to the ranks of the unemployed in the country Poor planning and hurried implementation of
Ignoring inflation may not be wise | Deccan Herald
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
Budget has nothing for ‘Poshan’ | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/budget-has-nothing-for-poshan-1079925.html In spite of a pressing need for a big hike, unfortunately, the Union budget 2022-23 did not have anything major to offer for
Failure to address rural distress | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/failure-to-address-rural-distress-1079113.html The 2022-23 Budget was presented at a time when the third wave of the pandemic had created a renewed set of uncertainties amongst
Frozen by uncertainty: The Hindu Editorial on RBI and its mandate to ensure price stability – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/frozen-by-uncertainty-the-hindu-editorial-on-rbi-and-its-mandate-to-ensure-price-stability/article38409570.ece RBI has forsaken its mandate of ensuring price stability to give an impetus to the economy The Monetary Policy Committee’s decision to leave
Magic (black) with numbers | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/chidambaram-writes-private-sector-sitharaman-modi-government-capital-expenditure-budget-7769748/ P Chidambaram writes: There are good reasons why the private sector is shying away from investment. The foremost reason is lack of demand.
Why has India’s factory output slipped to a 10-month low in December? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/india-factory-output-data-december-explained-7768784/ Industrial output slumped to a 10-month low of 0.4 per cent in December. Why has output fallen? What do the numbers portend? The
Praveen Chakravarty writes: Reducing welfare spending right now is a dangerous gamble–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/reducing-welfare-spending-right-now-is-a-dangerous-gamble-7768370/ Praveen Chakravarty writes: Increased government investment to stimulate economic activity is in principle a sound philosophy. But there are other more prudent ways
India’s employment problem predates Covid. The pandemic has deepened the faultlines | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-employment-problem-predates-covid-7768433/ The heightened demand for work under MGNREGA, despite large parts of the economy having recovered to their pre-pandemic levels, suggests continuing economic distress.
Ignoring inflation may not be wise | Deccan Herald
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
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
