Clipped from: https://www.thehindubusinessline.com/opinion/the-rupees-decline-need-to-curb-volatility-of-capital-flows/article65573549.ece The rupee has been declining continuously in the last three years. This has added to the inflationary pressures in the economy The second
Category: Study
*Why MPC should explain its failure to contain inflation to Parliament, not to govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-mpc-should-explain-its-failure-to-contain-inflation-to-parliament-not-to-govt/articleshow/92638897.cms Synopsis “The Reserve Bank of India may have multiple goals. But Monetary Policy Committee has only one — inflation control. So why did
*Need another out-of-turn rate hike | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/need-another-out-of-turn-rate-hike/2581070/ That may surprise the market enough to give the rupee some breathing room and a little upward momentum, even if temporary. Today, 16%
*Windfall tax on upstream firms to end when super profits stop: Tarun Bajaj – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/commodities/if-the-revenue-reduces-post-higher-import-duty-on-gold-we-will-be-happy-says-revenue-secretary-bajaj/article65595030.ece Revenue Secretary Tarun Bajaj has said that higher import duty on gold is not meant for revenue augmentation. In an interview with BusinessLine, he
*Why has the govt eased norms for Indians to receive more money from relatives abroad, but hiked import duty on gold? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-govt-eased-norms-indians-receive-money-relatives-abroad-hiked-import-duty-gold-8006940/ Both the steps, taken in a matter of two days, are aimed at curbing the outflow of funds and on the other hand
*****Huge treasury loss staring at banks in June quarter | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/huge-treasury-loss-staring-at-banks-in-june-quarter-122070300581_1.html Will the RBI step in again to the rescue of the banks and ensure smooth sailing of the government’s record borrowing plan this
*Labour codes not to kick in from Friday even as states, UTs frame rules | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/labour-codes-not-to-kick-in-from-friday-as-states-uts-frame-rules-122063001190_1.html The Centre has already finalised rules on all the four codes Once implemented, the codes will replace 29 existing labour laws. The Union
*Twin deficit problem: What does it mean and how does it affect an economy? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/finance/what-is-a-twin-deficit-problem-122062300077_1.html The finance ministry recently said that India is at low risk of stagflation. But it also cautioned about a twin deficit problem that
*The rupee’s ‘new lows’: Why it’s not necessarily a cause for concern | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-rupee-s-new-lows-why-it-s-not-necessarily-a-cause-for-concern-122070101203_1.html The framers of a ‘strong currency’ policy ignore that almost every country with a successful long-term record of development has pursued a ‘weak
*Capex is the route to economic revival, says FM Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/capex-is-the-route-to-economic-revival-says-fm-nirmala-sitharaman-122070200024_1.html In an exclusive interview with BS, Sitharaman says spend on capital assets may work better than sector-specific fiscal steps Union Finance Minister Nirmala
*How the RBI unconventionally innovated policy to fight the pandemic-Soumya Kanti Ghosh writes:-INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/how-the-bank-held-its-own-8002098/ Soumya Kanti Ghosh writes: It did not get fixated on a one-point agenda, daring to look beyond the inflation print, focussing on economic
*The biggest problem is our dependence on imported energy, which is 4% of our GDP’ | Express Exclusive News,The Indian Express
Clipped from: https://indianexpress.com/article/express-exclusive/explained-live-neelkanth-mishra-interview-the-biggest-problem-is-our-dependence-on-imported-energy-which-is-4pc-of-our-gdp-8005728/ Neelkanth Mishra, Co-head of Asia Pacific Strategy, India Equity Strategist with Credit Suisse and part-time member of the PM’s Economic Advisory Council, unpacks
Sixty companies exit the billion dollar m-cap club – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/sixty-companies-exit-the-billion-dollar-m-cap-club/article65593310.ece Up to 70% stock correction from the peak in October 2021 and a plummeting rupee have led to a double whammy It’s not
*An inevitable decision: Duty hikes on oil are a practical move in the face of a tough external environment | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/an-inevitable-decision-duty-hikes-on-oil-are-a-practical-move-in-the-face-of-a-tough-external-environment/2579974/?ref=Must_Read One could also argue such out-of-turn revisions in duties are generally undesirable in the interest of tax structure stability. One could also argue
*Taming twin deficit: Tax imposed on fuel exports, levy on crude doubled | The Financial Express
Clipped from: https://www.financialexpress.com/economy/taming-twin-deficit-tax-imposed-on-fuel-exports-levy-on-crude-doubled/2579454/?ref=Must_Read The Indian rupee hit a new all-time low of 79 against the dollar on Friday, amid unabated FPI outflows from equities and a
MHA amends FCRA rules, allows relatives living abroad to send up to Rs 10 lakh to Indians without restrictions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/mha-amends-fcra-rules-allows-relatives-living-abroad-to-send-up-to-rs-10-lakh-to-indians-without-restrictions/articleshow/92621155.cms Synopsis Similarly, making changes in rule 9, which deals with application of obtaining ‘registration’ or ‘prior permission’ under the FCRA to receive funds,
Is the economy out of the woods? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-the-economy-out-of-the-woods/article65543531.ece The all-pervasive influence of energy on the economy and the low-income trap could restrict the growth momentum The 8.7 per cent growth in
*Passing stress test | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/indian-banking-rbi-report-loans-capital-assets-8004073/ New RBI report says asset quality, capital position of banking system continues to improve. That’s something to build on Data presented in the
An inevitable decision: Duty hikes on oil are a practical move in the face of a tough external environment | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/an-inevitable-decision-duty-hikes-on-oil-are-a-practical-move-in-the-face-of-a-tough-external-environment/2579974/ One could also argue such out-of-turn revisions in duties are generally undesirable in the interest of tax structure stability. One could also argue
Taming twin deficit: Tax imposed on fuel exports, levy on crude doubled | The Financial Express
Clipped from: https://www.financialexpress.com/economy/taming-twin-deficit-tax-imposed-on-fuel-exports-levy-on-crude-doubled/2579454/ The Indian rupee hit a new all-time low of 79 against the dollar on Friday, amid unabated FPI outflows from equities and a