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
Category: Economy
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)
Markets rally as US Fed expands balance sheet; $31 bn added in last 2 weeks | Business Standard News
lipped from: https://www.business-standard.com/article/markets/markets-rally-as-us-fed-expands-balance-sheet-31-bn-added-in-last-2-weeks-122011500033_1.html Historically, there has been a high positive correlation between the changes in the US Federal balance sheet and the changes in the Indian
Year-on-year analysis of economic performance serves a very limited purpose | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/year-on-year-analysis-of-economic-performance-serves-a-very-limited-purpose-122011500131_1.html A year-on-year analysis is useful in a conceptual way as it accounts for the seasonal impact on the data, but it tells you
Boom time for companies: What record profits may mean for govt’s revenue | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/boom-time-for-companies-what-record-profits-may-mean-for-govt-s-revenue-122011401094_1.html If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be
Retail sales growth slows down in December – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/retail-sales-growth-slows-down-in-december/article38231169.ece The pace of growth was seen dropping off towards last week of December on fresh curbs by States Retail sales growth witnessed a
Monetary Policy: Just flawed logic or toeing FM’s line? | Deccan Herald
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
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