Clipped from: https://www.business-standard.com/article/opinion/stay-the-course-121120500977_1.html RBI should not stop the normalisation process The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is expected to keep the policy
Category: Economy
RBI likely to hike reverse repo by 20 bps despite uncertainty on Omicron | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-likely-to-hike-reverse-repo-by-20-bps-despite-uncertainty-on-omicron-121120500949_1.html If Omicron becomes a major issue, risks to India’s inflation will likely rise further Reserve Bank of India Despite uncertainty related to the
Services sector credit growth still slow despite Covid relaxations | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/services-sector-credit-growth-still-slow-despite-covid-relaxations-121120600014_1.html Broad-based credit expansion is expected over the next two to three quarters Illustration: Ajay Mohanty Bank credit to the services sector has remained in the slow
PLI for textiles: Centre mulls flexible timelines – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pli-for-textiles-centre-mulls-flexible-timelines/article37854876.ece?homepage=true The PLI scheme has a budgetary outlay of ₹10,683 crore – The Hindu The PLI scheme has a budgetary outlay of ₹10,683 crore
Crude prices down but retail prices of fuels remain high – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/crude-prices-down-but-retail-prices-of-fuels-remain-high/article37857689.ece The reprieve consumers have got is from cuts in Central, State levies Petrol/diesel consumers are yet to get the benefit of easing international
Monetary policy: Status quo on rates and stance likely | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/monetary-policy-status-quo-on-rates-and-stance-likely-121120500870_1.html The economy is recovering fast but nobody knows yet how serious the Omicron threat is. The RBI can afford to err on the
From Plate to Plough: Harvesting solar to breathe easy – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/from-plate-to-plough-harvesting-solar-to-breathe-easy/2382496/ Pushing the northern states’ farmers away from rice and incentivising solar power generation as an ‘alternative crop’ can help clean up Delhi’s air
Oil’s not well with domestic production – The Financial Express
lipped from: https://www.financialexpress.com/opinion/oils-not-well-with-domestic-production/2382504/ With elevated global oil prices, stepping up domestic production must be prioritised at all costs To reduce vulnerability to high and volatile global
Reverse repo status quo needed to give more time for economic recovery to strengthen: Report – The Financial Express
Clipped from: https://www.financialexpress.com/economy/reverse-repo-status-quo-needed-to-give-more-time-for-economic-recovery-to-strengthen-report/2382357/ The Reserve Bank of India (RBI) has been sucking out excess liquidity through other measures so far, which has resulted in liquidity surplus
Outgoing CEA on crypto laws, covid collaterals and the big farm U-turn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/outgoing-cea-on-crypto-laws-covid-collaterals-and-the-big-farm-u-turn/articleshow/88110492.cms SynopsisChief economic advisor Krishnamurthy Subramanian does not see the repeal of the farm laws as a setback to the government’s reforms agenda. In
Time of ‘extreme pain’ in India, economy below 2019 levels: Abhijit Banerjee – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/time-of-extreme-pain-in-india-economy-below-2019-levels-abhijit-banerjee/articleshow/88101185.cmsSynopsis “I think we are in a moment of great pain. The economy is still well below as against what it was in 2019.
Indian economy: Will the nascent GDP growth recovery continue? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-the-nascent-recovery-continue/article37828028.ece GDP and other high frequency indicators in Q2 are positive, but domestic and global headwinds could stall the progress With the Indian economy
Persistent inflation will hurt growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/persistent-inflation-will-hurt-growth/article37810437.ece Both fuel and core inflation are now a matter of concern. Addressing the growth-inflation trade-off will be a challenge for RBI GDP growth
Won’t be able to meet targets, extend PLI by a year: Telecom gear makers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/won-t-be-able-to-meet-targets-extend-pli-by-a-year-telecom-gear-makers-121120301624_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Some of the companies have made it clear that they will not be able to meet their stiff incremental investment and production targets
India’s defence exports in past 7 years have crossed Rs 38,000 crore: Rajnath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/indias-defence-exports-in-past-7-years-have-crossed-rs-38000-crore-rajnath/articleshow/88089873.cmsSynopsis Reiterating the government’s focus on encouraging exports, the minister expressed hopes that India will soon become a net exporter from a net importer.
Inflation outlook: Status quo from RBI on Omicron uncertainty – The Financial Express
lipped from: https://www.financialexpress.com/opinion/inflation-outlook-status-quo-from-rbi-on-omicron-uncertainty/2380923/ As base effect wanes, inflation to harden to an uncomfortable 5.5-6% in December-March FY22, close to upper end of MPC’s medium-term target range.
Omicron scare may delay RBI plan to normalise accommodative monetary stance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/omicron-scare-may-delay-rbi-plan-to-normalise-accommodative-monetary-stance-121120300551_1.html The six-member monetary policy committee of the RBI will meet from December 6-8 to review the policy Photo: Bloomberg The concern over the
Why not an inflation-based MSP regime? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-not-an-inflation-based-msp-regime/article37810380.ece The current method for calculating farm support prices has become irrelevant. Pegging it to inflation is key for income security The green revolution-led
Persistent inflation will hurt growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/persistent-inflation-will-hurt-growth/article37810437.ece?homepage=true Both fuel and core inflation are now a matter of concern. Addressing the growth-inflation trade-off will be a challenge for RBI GDP growth
Soaring imports to push India’s CAD to 1.9% this fiscal year : Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/soaring-imports-to-push-india-s-cad-to-1-9-this-fiscal-year-report-121120201244_1.html Trade deficit–the difference between a country’s imports and exports — has been rising and remains sticky Following the record USD 23.27 billion trade
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