Clipped from: https://www.thehindubusinessline.com/opinion/how-long-before-rural-demand-revives/article65463204.ece In general, conditions are ripe for a recovery but look deeper, more pain is in store It is not often that India gets
Category: Study
*****Should central bankers be this clear about interest rates? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/should-central-bankers-be-this-clear-about-interest-rates/articleshow/91818911.cms Synopsis Long caricatured as dour mandarins who like to hedge their bets, central bankers have discovered the power of declarative statements. They would
*****RBI to increase rates but hikes need not be endless, says Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-to-increase-rates-but-hikes-need-not-be-endless-says-shaktikanta-das/articleshow/91823101.cms Synopsis Further, rate hikes need not necessarily be endless as recent reduction in fuel taxes and ban on exports of some commodities may
*****Inflation forecast will drive rate action, says RBI governor Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/inflation-forecast-will-drive-rate-action-says-rbi-governor-shaktikanta-das/articleshow/91823003.cms Synopsis Das says Mint Street is committed to containing inflation. “At the same time, we have to keep in mind the requirements of
*****Passive approach | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/passive-approach-122052501667_1.html Sebi’s plans will offer more options to investors In a recent circular, the Securities and Exchange Board of India (Sebi) issued an important update that
*****Citizens can now access Digilocker services on MyGov Helpdesk through WhatsApp | The Financial Express
Clipped from: https://www.financialexpress.com/money/citizens-can-now-access-digilocker-services-on-mygov-helpdesk-through-whatsapp/2534884/ WhatsApp users across the country can use the chatbot by sending ‘Namaste’ or ‘Hi’ or ‘Digilocker’ to the WhatsApp number +91 9013151515. A
*****Even if the dollar turns around, rupee may not | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/even-if-the-dollar-turns-around-rupee-may-not/2533936/ The pressure on the rupee will continue as long as global markets are in a funk As foreign investors have been pulling capital
*****Where the rupee is headed, and what its fall means to consumers, markets | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/where-rupee-headed-what-its-fall-means-7926662/ The depreciation of the rupee expected to impact the economy in general and various segments such as imports, mainly fuel prices, and push
*****India won’t collapse like Sri Lanka or Pakistan but we are certainly in trouble: Swaminathan Aiyar – The Economic Times
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
*****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