Clipped from: https://www.deccanherald.com/opinion/in-perspective/monetary-policy-just-flawed-logic-or-toeing-fm-s-line-1068041.html The question is: Has the monetary policy achieved the desired short-term goal? Reserve Bank of India. Credit: Reuters File Photo The December bi-monthly
Category: Economy
India’s forex reserves to face $256 billion overseas debt challenge in next 12 months – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-forex-reserves-to-face-256-billion-overseas-debt-challenge-in-next-12-months/articleshow/88880502.cmsSynopsis External debt worth $256 billion matures over the next 12 months, according to the September data released by the finance ministry. This is
Current account deficit, a long story short – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/current-account-deficit-a-long-story-short/articleshow/88884354.cmsSynopsis Higher global oil prices and larger gold imports – around $5 billion per month – have played a key role in pushing up
India’s economy recovery on ‘solid path’ amid rapid vaccination progress, forecast to grow 6.5 per cent in FY 2022: UN – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-economy-recovery-on-solid-path-amid-rapid-vaccination-progress-forecast-to-grow-6-5-per-cent-in-fy-2022-un/articleshow/88883041.cmsSynopsis The flagship United Nations World Economic Situation and Prospects (WESP) 2022 report, launched here, said that India’s GDP is forecast to grow at
RBI shouldn’t fall behind the curve – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/rbi-shouldnt-fall-behind-the-curve/articleshow/88884395.cmsSynopsis Against the backdrop of higher inflation, rising yields and an erosion in savings amid negative real rates for over two years – the
Enough of the old ‘level playing field’ argument. Reduce trade barriers to make India grow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/enough-of-the-old-level-playing-field-argument-reduce-trade-barriers-to-make-india-grow/articleshow/88862488.cmsSynopsis Data from the IMF’s October 2021 World Economic Outlook reveals that India’s real exports growth moves in tandem with the growth in global
With inflation at 40-year high, US central bankers consider March rate hike | Business Standard News
Clipped from: https://www.business-standard.com/article/international/with-inflation-at-40-year-high-us-central-bankers-consider-march-rate-hike-122011300202_1.html US central bankers are coalescing around a plan to start tapping the brakes on economic growth as soon as March, with further monetary
Cutting corporate debt | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/cutting-corporate-debt-122011201749_1.html Banks will struggle to grow in the coming quarters Indian companies are deleveraging and the trend is likely to continue in the foreseeable future.
Credit growth is visible across sectors: SBI Ecowrap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-growth-is-visible-across-sectors-sbi-ecowrap/article38247763.ece NBFCs, Telecom, Petroleum, Chemical, Electronics, Gems & Jewellery and Infrastructure,including Power and Roads saw credit growth picking up Demand for credit has picked
Credit growth is visible across sectors: SBI Ecowrap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-growth-is-visible-across-sectors-sbi-ecowrap/article38247763.ece NBFCs, Telecom, Petroleum, Chemical, Electronics, Gems & Jewellery and Infrastructure,including Power and Roads saw credit growth picking up Demand for credit has picked
IIP drops to 1.4% in Nov; Dec retail inflation at five-month high 5.59% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/iip-drops-to-14-in-nov-dec-retail-inflation-at-five-month-high-559/article38256544.ece Experts do not see MPC winding up easy liquidity soon Discouraging news came on the economic front with industrial growth, based on the
Case for extension – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/case-for-extension/article38238845.ece ECLGS has kept small firms going amidst Covid. Its role should be expanded Preliminary studies suggest that the Emergency Credit Line Guarantee Scheme
Increasing interest rates | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/increasing-interest-rates-122011101620_1.html Markets will adjust to tighter financial conditions The cost of money is rising. The yield on 10-year government bonds is at the highest
How real is the GST boost? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-real-is-the-gst-boost-122011101645_1.html The share of GST collections in GDP has stagnated, even as IGST revenues from imports have gone up sharply The Modi government is
Modi’s PLI scheme to help Indian economy beat China; India to grow faster than emerging markets: World Bank – The Financial Express
Clipped from: https://www.financialexpress.com/economy/modis-pli-scheme-to-help-indian-economy-beat-china-india-to-grow-faster-than-emerging-markets-world-bank/2404707/ The World Bank said it has upgraded its expectations for India’s growth to 8.7% in FY 2022-23 “to reflect an improving investment outlook
Manpower shortage may worsen for several sectors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/manpower-shortage-may-worsen-for-several-sectors/articleshow/88844126.cmsSynopsis Several sectors – especially manufacturing, engineering, construction, real estate, healthcare and pharmaceutical – are finding it increasingly challenging to source labour. A blue-collar labour
Economy not out of the woods yet – The Financial Express
lipped from: https://www.financialexpress.com/opinion/economy-not-out-of-the-woods-yet/2402041/ Surprising that GFCF growth pegged at 15%; services still suffering It is surprising, therefore, that the increase in gross fixed capital formation has
Bond yields soar to 2-year high – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/bond-yields-soar-to-2-year-high/article38225129.ece?homepage=true Mainly on jump in US Treasury yields, high supply of G-Secs/state loans, rising inflation India’s benchmark yield jumped to the highest in two
Consumer sentiments fell in December | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/consumer-sentiments-fell-in-december-122011001376_1.html Something seems to have snapped in December 2021. Consumer sentiments declined after increasing for five consecutive months. The Index of Consumer Sentiments fell
The difficulty in spending | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-difficulty-in-spending-122011001491_1.html Tax receipts are surging and markets are primed for higher state government deficits, but states are struggling to spend One can easily spend
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