Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/arvind-panagariya-on-why-you-should-ignore-the-naysayers-on-economy/articleshow/88959625.cmsSynopsis Advance estimate places India’s GDP growth at 9.2% with the level of GDP exceeding its pre-Covid-19 peak. Critics will argue that this high
Category: Economy
Don’t take the foot off the economic pedal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/dont-take-the-foot-off-the-economic-pedal/articleshow/88981276.cmsSynopsis There’s no cause for worry as long as growth triggered by government borrowing is higher than the interest rate. RBI’s latest State of the
Look out for the FY22 revised estimates – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/look-out-for-the-fy22-revised-estimates/2406082/ This is of special interest as FY22 was challenging on several fronts, needing govt intervention There is a benefit of 0.3% of GDP
Self reliant India: View: Will India’s self-reliance stance prove to be a costly mistake? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/view-will-indias-self-reliance-stance-prove-to-be-a-costly-mistake/articleshow/88940814.cmsSynopsis Team Modi has done a decent job providing physical and digital infrastructure as well as basic services like cheap housing, electricity, water, cooking
truck sales: Rising Covid-19 cases slam the brakes on truck sales growth; revival likely only by FY23: M&M – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/rising-covid-19-cases-slam-the-brakes-on-truck-sales-growth-revival-likely-only-by-fy23-mm/articleshow/88954529.cmsSynopsis Truck buyers have gotten into a “wait and watch mode,” said Veejay Nakra, the chief executive officer for the automotive sector at M&M.
China Lockdown: Supply chain woes could worsen as China imposes new Covid lockdowns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/supply-chain-woes-could-worsen-as-china-imposes-new-covid-lockdowns/articleshow/88942581.cmsSynopsis China used lockdowns, contact tracing and quarantines to halt the spread of the coronavirus nearly two years ago after its emergence in Wuhan.
Reforms, economy and stock market | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/reforms-economy-and-stock-market-122011701361_1.html It is interesting that investors in the stock market are often not overly concerned with reforms for credible returns Economic reforms are useful for
Pragmatism on investment | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/pragmatism-on-investment-122011701353_1.html India should accept the reality of supply chains On April 17, 2020, India’s foreign direct investment (FDI) policy was altered through a press
Securitisation volume growth slows to 8% in December quarter: Report | Business Standard News
lipped from: https://www.business-standard.com/article/companies/securitisation-volume-growth-slows-to-8-in-december-quarter-report-122011701164_1.html The cumulative value of deals executed in the first nine months of this fiscal stood at approximately Rs 80,000 crore Securitisation volume growth slowed
Fiscal discipline, digital economy must be the policy focus: Ruchir Sharma – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ruchir-sharma/article64902912.ece Global investor and author of several best-selling books, Ruchir Sharma, on Sunday said it is important for India to continue with its conservative
Budget: Stimulus with continuity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/budget-stimulus-with-continuity/article64863433.ece An inter-State Fiscal Council can help States maintain the public investment momentum Four suggestions for the Budget are first on policy continuity while
Tax hike on components to make mobile PLI uncompetitive for exports: ICEA | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/tax-hike-on-components-to-make-mobile-pli-uncompetitive-for-exports-icea-122011600652_1.html ICEA has said that increase in taxes on components will make the products manufactured in India under the PLI scheme globally uncompetitive. Demanding
The fiscal-monetary tango | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-fiscal-monetary-tango-122011601027_1.html The pandemic years called for policy reinforcement; the post-pandemic aftermath will call for policy prioritisation The past two years have seen the largest
India’s trade with China crosses $125 billion, imports near $100 billion – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/indias-trade-with-china-crosses-125-billion-imports-near-100-billion/article38272914.ece Data show continued demand for a range of Chinese goods, particularly machinery India’s trade with China in 2021 crossed $125 billion with imports
Across the Aisle by P Chidambaram: The real and the surreal – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-the-real-and-the-surreal/2407508/ Gross Fixed Capital Formation in 2021-22 will move up a tad (Rs 1,21,266 crore) over the level achieved in 2019-20, totally insufficient in
SBI hikes short-term FD interest rate: Check details here – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/sbi-hikes-short-term-fd-interest-rate-check-details-here/articleshow/88913619.cmsSynopsis In December 2021, SBI increased its base rate by 0.10 percent or 10 bps, according to its website. The new rate, that is,
agro commodity: India was slowly becoming a major agro commodity exporter. But 2022 may be a different story – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-was-slowly-becoming-a-major-agro-commodity-exporter-but-2022-may-be-a-different-story/articleshow/88823930.cms SynopsisIndian growers and agro exporters were able to show a marked improvement in exports. But their celebrations might be short lived as the
Credit growth up 9.2% in Dec 2021 on strong growth in last fortnight of qtr | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/credit-growth-up-9-2-in-dec-2021-on-strong-growth-in-last-fortnight-of-qtr-122011401312_1.html Banks lent Rs 3.7 trillion in 15 days to December 31, 2021 and outstanding commercial bank credit stood at Rs 116.83 trillion, RBI
December merchandise exports up 40% YoY, hit record $37.81 billion | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/december-merchandise-exports-up-40-yoy-hit-record-37-81-billion-122011400712_1.html Outbound shipments up 29% sequentially; Cumulatively, exports in April-Dec crossed $301 bn, achieving three fourth of annual target of $400 bn in first
Dec WPI eases slightly but remains in double digits as food prices soar | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dec-wpi-eases-slightly-but-remains-in-double-digits-as-food-prices-soar-122011401114_1.html Bucks a 4-month rising trend in December 2021 and comes in at 13.56%, even as food prices harden Wholesale Price Index-based Inflation (WPI)