Clipped from: https://www.business-standard.com/article/opinion/textile-in-trouble-122051001644_1.html Govt must revisit the GM policy Relentless spikes in prices of cotton in both international and domestic markets over the past few months have pushed
Category: May Look At Leisurely
*****Rupee hits a fresh intra-day low, cuts losses as RBI intervenes | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-hits-a-fresh-intra-day-low-cuts-losses-as-rbi-intervenes-122051300022_1.html Illustration: Ajay Mohanty Rupee hit a fresh intra-day low on Thursday as it breached the 77.5/$ mark on the back of strengthening of the
*****Blame Ukraine conflict, not central banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/blame-ukraine-conflict-not-central-banks-122051201593_1.html The origins of the inflation shock the world is experiencing are primarily political, not economic or monetary The global economy faces a combination
*****Better placed than peers to fight inflation: Finance ministry report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/better-placed-than-peers-to-fight-inflation-finance-ministry-report-122051300004_1.html The report said that seen over a longer time horizon, inflation in India’s economy has not been as much a challenge as is
What India Needs to Do to Prevent a Power Crisis – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/current/story/what-india-needs-to-do-to-prevent-a-power-crisis-333479-2022-05-13 India needs proper planning to ensure that it is prepared for future spikes in electricity demand Supply issues electricity supply hasn’t been able
*****An industry barely hanging by a thread – The Hindu
Clipped from: https://www.thehindu.com/todays-paper/tp-opinion/an-industry-barely-hanging-by-a-thread/article65412412.ece The crisis in West Bengal’s jute industry is getting exacerbated, with several mills suspending operations this year. Shiv Sahay Singh visits mills along
*****PSU banks agree to back stressed power companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/psu-banks-agree-to-back-stressed-power-companies/articleshow/91552960.cms Synopsis Details on funding distressed power projects were discussed at a meeting of senior bank executives at SBI headquarters last week. Government-owned banks
*****Taming inflation: Monetary policy action may not be enough | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/taming-inflation-monetary-policy-action-may-not-be-enough/2522594/ Removing emergency accommodation is one thing and relying solely on culling credit growth—barely positive in real terms—is another The forcefulness and urgency of
*****Edible oil, vegetables drive food inflation | The Financial Express
Clipped from: https://www.financialexpress.com/economy/edible-oil-vegetables-drive-food-inflation/2522931/ Inflation in prices of chicken rose by more than 13.77% in April 2022, while the overall food inflation in the meat & fish
*Exporters of services, job-sensitive sectors may benefit from rupee slide | The Financial Express
Clipped from: https://www.financialexpress.com/economy/exporters-of-services-job-sensitive-sectors-may-benefit-from-rupee-slide/2518260/ The depreciation will also partially soften the blow of elevated shipping costs and supply chain disruptions in the wake of the Russia-Ukraine crisis.
*****Party is over – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/higher-input-and-finance-costs-will-impact-corporate-profitability-in-the-coming-quarters/article65401595.ece The environment for corporates will get increasingly challenging in the coming quarters | Photo Credit: Nisha Dutta Higher input and finance costs will
‘There will be consolidation in the data centre industry’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/there-will-be-consolidation-in-the-data-centre-industry/article65398374.ece Sharad Sanghi, Managing Director, NTT India NTT India MD Sharad Sanghi on the future of the data centre business in India and beyond Tokyo-headquartered
*Poultry feed makers cut prices after Centre allows more soyameal imports – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-feed-makers-cut-prices-after-centre-allows-more-soyameal-imports/article65401755.ece The price of poultry feed has increased manifold in the post COVID-19 phase. | Photo Credit: TH Godrej Agrovet, IB Group lower feed
*****Textile in trouble | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/textile-in-trouble-122051001644_1.html Govt must revisit the GM policy Relentless spikes in prices of cotton in both international and domestic markets over the past few months have pushed
Asian Paints Q4 Results: Firm posts profit of Rs 850 crore; misses estimates – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/asian-paints-q4-results-firm-posts-profit-of-rs-850-cr-misses-estimates/articleshow/91464131.cms Synopsis The profit is lower due to an exceptional loss of Rs 115.70 crore towards Sri Lanka business and expected delay in receivable
*****Rupee vs dollar: Why the rupee is likely to depreciate even more in coming days – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/why-the-rupee-is-likely-to-depreciate-even-more-in-coming-days/articleshow/91459170.cms SECTIONS Why the rupee is likely to depreciate even more in coming days By Tamanna Inamdar ,Last Updated: May 10, 2022, 10:35 AM
*Loan portfolio lapses cloud growth plans of IndoStar Capital Finance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/loan-portfolio-lapses-cloud-growth-plans-of-indostar-capital-finance-122050900025_1.html The financiers of Indo-Star Capital Finance include State Bank of India, HDFC Bank, and ICICI Bank, according to the Annual Report for FY21
*****Time for the RBI to try out something NUE – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/incoming/time-for-the-rbi-to-try-out-something-nue/article65394063.ece Banknotes | Photo Credit: Ruslan Fazlulov The central bank is fine-tuning regulations around payments, but can it keep the umbrella entity on the
*****What explains RBI’s ‘near-unanimous’ inaction even as inflation was rising? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-explains-rbi-s-near-unanimous-inaction-even-as-inflation-was-rising-122050601028_1.html For the RBI, a correct reading of its mandate would have been that the inflation target is 4%, not 6%. And action to
*****Back with a bang – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/back-with-a-bang/article65382087.ece The Reserve Bank of India (RBI) Governor Shaktikanta Das gestures as he arrives at a news conference after a monetary policy review in
