Clipped from: https://www.business-standard.com/article/economy-policy/india-may-be-heading-towards-stagflation-says-amit-mitra-121122001228_1.html Mitra said India is already suffering from rising inflation and unemployment simultaneously Illustration: Ajay Mohanty Amit Mitra, West Bengal’s former finance minister and
Category: Economy
How India affords a falling LPR | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-india-affords-a-falling-lpr-121122001369_1.html We find that the fall in LPR since 2016 has been accompanied with a fall in the proportion of households where more than
Fiscal correction | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fiscal-correction-121122001378_1.html Govt should not delay the consolidation process The Union government is targeting to contain the fiscal deficit at 6.8 per cent of gross domestic product
Reforms, growth, equity the only way to sustain high growth rate: C Rangarajan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/reforms-growth-equity-the-only-way-to-sustain-high-growth-rate-c-rangarajan/article37999734.ece C Rangarajan, former Governor, RBI – PAUL NORONHA C Rangarajan, former Governor, RBI – PAUL NORONHA× Former RBI Guv says triad of reforms,
From Apollo to Max, hospital chains poised for growth as patient flow rises and new centres flourish – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/pharma-and-healthcare/from-apollo-to-max-hospital-chains-poised-for-growth-as-patient-flow-rises-and-new-centres-flourish/primearticleshow/88015936.cms SynopsisAfter over a year of navigating through the challenges of Covid-19, the hospital sector has bounced back to pre-pandemic levels. An increase in
RBI rushes in to cut the Rupee’s sudden drop, likely bought $5 bn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/rbi-rushes-in-to-cut-the-rupees-sudden-drop-likely-bought-5-bn/articleshow/88397013.cmsSynopsis The Indian Rupee rebounded from an 18-month low last week after the central bank sold dollars in the spot and futures market. The
Global trade momentum slowing down | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/global-trade-momentum-slowing-down-121122000048_1.html The United States continued to maintain high tariffs on goods from China that the Trump administration had imposed but that didn’t seem to
The challenge of achieving 9.5% growth rate – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/the-challenge-of-achieving-95-growth-rate/article37981006.ece The key lies in the government’s ongoing emphasis on infrastructure spending as reflected in its capital expenditure The National Statistical Office (NSO) released
When the chips are down: The Hindu Editorial on India’s Semiconductor Mission – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/when-the-chips-are-down-the-hindu-editorial-on-indias-semiconductor-mission/article37980954.ece The Semiconductor Mission can power the development of the chip and display industry The Union Cabinet’s decision this week to set aside ₹76,000 crore for
UP aiming to become semiconductor hub as India expects massive investment | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/up-aiming-to-become-semiconductor-hub-as-india-expects-massive-investment-121121900593_1.html The Yogi Adityanath government has promised to offer a slew of incentives and support to the companies and technology startups for setting up
Too early to celebrate economic recovery in India: Arvind Subramanian | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/too-early-to-celebrate-economic-recovery-in-india-says-arvind-subramanian-121121701295_1.html Stock markets reflect the Indian economy less. It would be a kind of policy mistake to infer from this (stock boom) anything about
Waller backs March Fed liftoff, Daly sees two or three 2022 hikes | Business Standard News
Clipped from: https://www.business-standard.com/article/international/fed-s-waller-backs-march-fed-liftoff-daly-sees-two-or-three-2022-hikes-121121800458_1.html Fed Chair Jerome Powell and his colleagues agreed on Wednesday to double the pace at which they wind down their bond-buying program, putting
Protect gig-workers, but don’t disrupt gig economy – The Financial Express
lipped from: https://www.financialexpress.com/opinion/protect-gig-workers-but-dont-disrupt-gig-economy/2381779/ The law can specify certain minimum pay and benefits for workers, but unionism must not be encouraged To be sure, legislation to this
What Rs 76k-cr semiconductor PLI scheme means for MSMEs working with electronic manufacturing industry – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-what-rs-76k-cr-semiconductor-pli-scheme-means-for-msmes-working-with-electronic-manufacturing-industry/2381953/ Ease of Doing Business for MSMEs: “The program would promote higher domestic value addition in electronics manufacturing and will contribute significantly to achieving
ECB slows pace of stimulus, revises inflation expectations | Business Standard News
Clipped from: https://www.business-standard.com/article/international/ecb-slows-pace-of-stimulus-revises-inflation-expectations-121121700072_1.html The European Central Bank (ECB) has revealed its plan to wind down the stimulus in the form of asset purchase programs as it
Vehicle scrappage facility: Tata Motors joins hands with Maharashtra govt | Business Standard News
lipped from: https://www.business-standard.com/article/companies/tata-motors-joins-hands-with-maha-govt-to-set-up-vehicle-scrappage-facility-121121700646_1.html The state industries, energy and labour department will support in facilitating the necessary approvals as per the rules and regulations for setting up
Urban jobless rate rises to double digit – The Financial Express
lipped from: https://www.financialexpress.com/economy/urban-jobless-rate-rises-to-double-digit/2387914/ “The high unemployment rate reflects an increase in demand for jobs and the economy’s inability to create jobs in adequate numbers. It is,
WPI inflation surges to 14.23 per cent in November on the back of higher food prices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/wpi-inflation-surges-to-14-2-per-cent-in-november/articleshow/88271540.cmsSynopsis Higher wholesale prices could feed into retail prices as demand returns in the economy. Many of the FMCG companies have already hiked prices
Inflation accelerates again in November despite fuel tax brakes – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/inflation-accelerates-again-in-november-despite-fuel-tax-brakes/article37945653.ece?homepage=true The fuel tax cuts helped douse the transport and communications inflation by 0.6% on a month-on-month basis India’s retail inflation hardened for the
A truckload of woes: as ownership patterns change, it may be end of road for small fleet owners – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/a-truckload-of-woes-as-ownership-patterns-change-it-may-be-end-of-road-for-small-fleet-owners/primearticleshow/88193922.cms SynopsisSince the beginning of the lockdown last year, small fleet owners had been facing utilisation issues due to low demand and unavailability of
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