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.
Category: Economy
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
Credit card spend crosses Rs 1 trillion first time in a month: RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/credit-card-spend-crosses-rs-1-trillion-first-time-in-a-month-rbi-121120300051_1.html Among major credit card players, ICICI Bank has been the most aggressive Photo: Shutterstock Buoyed by the festival season euphoria, credit card spends
Double digit growth indeed possible – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/double-digit-growth-indeed-possible/articleshow/88037017.cmsSynopsis The RBI is coming under pressure from sustained upward trends in different measures of inflation and the hawkish pronouncements by the US Fed
Fed chief’s comment on rate hike set to ruin Dalal Street’s Christmas party – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fed-chiefs-comment-on-rate-hike-set-to-ruin-dalal-streets-christmas-party/articleshow/88022829.cmsSynopsis While the benchmark Nifty50 has not yet technically entered a correction zone of 10 per cent from its record high, a large swathe
GDP: Not all good: Q2 data shows economy back at pre-Covid level. But informal sector still in trouble–Times of India
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/gdp-not-all-good-q2-data-shows-economy-back-at-pre-covid-level-but-informal-sector-still-in-trouble/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
For atmanirbharta in electronics… – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/for-atmanirbharta-in-electronics/2380212/ …we need to make hardware PLI more responsive and take a pragmatic view on Chinese investment in India in the space The China
India’s informal economy has not shrunk – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/indias-informal-economy-has-not-shrunk/article37778140.ece?homepage=true An SBI Research study’s claim that there is greater formalisation of the economy is unfounded According to a recent State Bank of India
All about MSP and the demand for a legal backing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/explainer-all-about-msp-and-the-demand-for-a-legal-backing/article37764504.ece?homepage=true With mountains of foodgrains storage, the Centre now focus on nutri-cereals, oilseeds and pulses to avoid massive forex outflows. What is MSP? Why
Supporting farmers | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/supporting-farmers-121113001783_1.html Govt should find ways to extend income support The Union government got the controversial agricultural laws repealed on the first day of the
Two years lost | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/two-years-lost-121113001775_1.html The National Statistics Office has released its estimates of gross domestic product (GDP) for the second quarter this fiscal year, 2021-22. The quarter, which covers
Q2 GDP: Signs of durability amiss as momentum wanes after festive season | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/q2-gdp-signs-of-durability-amiss-as-momentum-wanes-after-festive-season-121113001401_1.html While rising vaccine coverage and fuel tax cuts will boost confidence and re-invigorate demand, the spectre of higher prices may contain the consumption
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