clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-wont-collapse-like-sri-lanka-or-pakistan-but-we-are-certainly-in-trouble-swaminathan-aiyar/articleshow/91685298.cms SECTIONS India won’t collapse like Sri Lanka or Pakistan but we are certainly in trouble: Swaminathan Aiyar Last Updated: May 20, 2022, 03:16
Category: Study
*****Inflation target needs to be updated, says RBI deputy governor Michael Patra | The Financial Express
Clipped from: https://www.financialexpress.com/economy/inflation-target-needs-to-be-updated-says-rbi-deputy-governor-michael-patra/2530245/ 6% threshold inflation also requires re-estimation, Patra says in EPW article The government, on March 31, 2021, retained the inflation target at 4%
*****MPC continued forward guidance for too long: MPC member Jayanth Varma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/lot-of-catching-up-to-do-as-mpc-continued-forward-guidance-for-far-too-long-mpc-minutes/articleshow/91643018.cms Synopsis In the minutes of the unscheduled meeting held by the Monetary Policy Committee (MPC) between May 2 and May 4, Jayanth Varma
*****RBI’s multiple battles | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-multiple-battles-122051701589_1.html It should not defend currency to contain inflation The next few quarters will be extremely challenging for the Reserve Bank of India (RBI). The consumer
*****India Wholesale Price Inflation: India’s WPI inflation at 17-year high threatens small businesses – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/indias-wpi-inflation-at-17-year-high-threatens-small-businesses/articleshow/91619848.cms Synopsis Annual wholesale price inflation, a proxy for producers’ prices, climbed to 15.08% in April, remaining in double-digits for the 13th month in
*****RBI’s move to raise rates, good monsoon will help contain inflation: CII prez – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbis-move-to-raise-rates-good-monsoon-will-help-contain-inflation-cii-prez/articleshow/91597596.cms Synopsis The Reserve Bank’s decision to raise benchmark interest rates and the likelihood of a good monsoon will help in containing inflation, Sanjiv
*****Inflation India: How a detergent could have helped RBI act swiftly on inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/how-a-detergent-could-have-helped-rbi-act-swiftly-on-inflation/articleshow/91587940.cms Synopsis “Almost 30% of our business comes from packs that operate at magic price points,” Ritesh Tiwari, the chief financial officer of Hindustan
*****india export ban: Why did India suddenly ban wheat exports? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/why-did-india-suddenly-ban-wheat-exports/articleshow/91597372.cms Synopsis India previously said it was ready to help fill some of the supply shortages caused by the February invasion of Ukraine, which
*****The probability of stagflation worries mkts: Valentis Advisors MD Jaipuria | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/the-probability-of-stagflation-worries-mkts-valentis-advisors-md-jaipuria-122051500845_1.html In conversation with Sundar Sethuraman, he says foreign flows may move to some of the under-performing markets within the emerging markets (EMs) Jyotivardhan
*****NPA: A monster created by RBI’s forbearance? | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/npa-a-monster-created-by-rbi-s-forbearance-122051500897_1.html In August 2008, the RBI allowed banks to restructure bad debt. It was a one-time measure put in place till June 30, 2009,
*****Govt must cut import duty rates to combat inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-must-cut-import-duty-rates-to-combat-inflation-122051600042_1.html Our government need not merely wait for the global commodity prices to drop but take active measures to supplement the actions of the
*****Expect slippages, credit cost to come down further: Bank of Baroda MD & CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/expect-slippages-credit-cost-to-come-down-further-bank-of-baroda-md-ceo-122051600047_1.html Sanjiv Chadha, in an interview with Manojit Saha, says it was a conscious decision not to chase corporate loans and focused on segments
*****RBI not ‘behind the curve’ in hiking rate, says MPC member Ashima Goyal | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-not-behind-the-curve-in-hiking-rate-says-mpc-member-ashima-goyal-122051500215_1.html While noting that Inflation has just exceeded RBI’s tolerance band due to the protracted Ukraine-Russia war, Goyal said Indian demand and wages are
*****Dunzo, PhonePe among 24 e-commerce firms joining India’s open network | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dunzo-phonepe-among-24-e-commerce-firms-joining-india-s-open-network-122051500813_1.html Real-time transactions in retail and food delivery have started in Delhi, Bengaluru, Shillong While ONDC is a private sector-led non-profit organisation, on the
*****In struggle to get employees back to office; companies tread cautiously | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/in-struggle-to-get-employees-back-to-office-companies-tread-cautiously-122051500961_1.html In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy
*****Centre agrees to accept 7.5 mt shrivelled wheat already procured, relaxes norms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/centre-agrees-to-accept-75-mt-shrivelled-wheat-already-procured-relaxes-norms/article65416867.ece Quality of wheat with shrivelled and broken grains has been relaxed up to 18% from 6% without value cut Worried over the low
*****Does RBI’s inflation band need a relook? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/does-rbis-inflation-band-need-a-relook/article65417016.ece The target of 4% with a 2% band either way may appear too restrictive, given today’s situation. RBI needs more elbow room As
*****Up and away – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/all-instruments-of-monetary-and-fiscal-policy-have-to-be-unleashed-to-combat-inflation-which-is-now-widespread/article65416629.ece All instruments of monetary and fiscal policy have to be unleashed to combat inflation which is now widespread The consumer price index for
*****Does RBI’s inflation band need a relook? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/does-rbis-inflation-band-need-a-relook/article65417016.ece The target of 4% with a 2% band either way may appear too restrictive, given today’s situation. RBI needs more elbow room As
*****Why homebuyers are likely to pay less GST on buying under-construction properties – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/why-homebuyers-are-likely-to-pay-less-gst-on-buying-under-construction-properties/articleshow/91514032.cms Synopsis The Gujarat High Court has stated that how developers/builders will calculate GST on undercontruction property. The recent judgement will benefit home buyers