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
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The rupee’s decline — need to curb volatility of capital flows – The Hindu BusinessLine
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
*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
*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,
Asian Paints stock hits 52-week low. 2 things bothering investors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/asian-paints-stock-hits-52-week-low-2-things-bothering-investors/articleshow/92200502.cms Synopsis On each of these occasions, Asian Paints and Berger Paints have held onto their gross margins and their operating margins because of
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
Oil taxes: Reliance stock falls over 7%, ONGC shares tumble more than 13% | The Financial Express
Clipped from: https://www.financialexpress.com/market/oil-taxes-reliance-stock-falls-over-7-ongc-shares-tumble-more-than-13/2580037/ Analysts at Jefferies observed that if RIL’s SEZ refinery is exempted from the tax, the impact on GRMs will be just $1 per
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
Asian Paints sees scope to reinvent amid continuing global uncertainties | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/asian-paints-sees-scope-to-reinvent-amid-continuing-global-uncertainties-122062901138_1.html Chairman Deepak Satwalekar tells investors at AGM that the firm’s network penetration and brand strength saw its decorative business deliver 31% growth by
Housing sales fall 15 pc in Apr-Jun in top 7 cities from previous quarter on rise in property, mortgage rates | The Financial Express
Clipped from: https://www.financialexpress.com/money/housing-sales-fall-15-pc-in-apr-jun-in-top-7-cities-from-previous-quarter-on-rise-in-property-mortgage-rates/2578043/ On Wednesday, housing brokerage firm PropTiger released its data, which showed that sales jumped over 4.5 times year-on-year in April-June across eight cities
The rupee’s decline — need to curb volatility of capital flows – The Hindu BusinessLine
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
The art and science of managing inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-art-and-science-of-managing-inflation-122062800021_1.html The conduct of monetary policy is not based on simplistic binaries, particularly during times of extraordinary uncertainty The conduct of monetary policy in
Imports come under scrutiny over widening CAD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/imports-come-under-scrutiny-over-widening-cad/articleshow/92504240.cms Synopsis A senior government official said revenue authorities are being vigilant after the trade deficit hit a record $24.3 billion in May but
India may benefit from recession in advanced economies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-may-benefit-from-recession-in-advanced-economies/articleshow/92491111.cms Synopsis India may benefit from a recession in the advanced economies as some amount of moderation in global commodities prices may help cool
