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Clipped from: https://www.thehindubusinessline.com/opinion/editorial/state-of-concern/article65514483.ece States need to urgently act in pruning non-essential expenditure and knocking down their debt to prudent levels As the economy begins a gradual

Clipped from: https://www.business-standard.com/article/finance/pmc-bank-case-fallout-rbi-asks-ucbs-to-make-higher-provisions-122061001158_1.html The RBI said the new circular has been warranted by the fact that UCBs have met the conditions already laid out Photo: Bloomberg

Clipped from: https://www.business-standard.com/article/markets/sensex-falls-1-000-pts-on-mounting-inflation-worries-nifty-ends-at-16-202-122061001200_1.html FPIs sell shares worth Rs 4,000 crore; US inflation hits new 4-decade high The market breadth was negative, with 2,101 stocks declining and

lipped from: https://www.business-standard.com/article/markets/rs-2-7-trillion-investor-wealth-wiped-off-what-made-sensex-nifty-tumble-122061000283_1.html The market’s confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy

Clipped from: https://www.business-standard.com/article/markets/rupee-in-free-fall-plunges-to-all-time-low-of-77-84-against-dollar-122061001057_1.html The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading. The rupee hit a fresh all-time low

Clipped from: https://www.business-standard.com/article/finance/credit-card-linkage-to-upi-uncertainty-over-pricing-leaves-players-in-dark-122061000566_1.html There is no clarity on whether linking to UPI facility will be extended to credit cards of other card networks, such as Visa,

Clipped from: https://www.business-standard.com/article/markets/fitch-lauds-indian-economic-recovery-in-fy22-ups-outlook-from-negative-to-stable-122061000316_1.html The agency said that high inflation and hence high nominal GDP growth will benefit the debt-GDP ratio Photo: Shutterstock Global ratings agency Fitch on Friday

Clipped from: https://www.business-standard.com/article/international/war-causing-severe-cost-of-living-crisis-no-country-can-escape-un-122061000054_1.html An FAO index of food prices surged to a record earlier this year as Russia’s invasion of Ukraine curtails shipments from one of

Clipped from: https://www.business-standard.com/article/economy-policy/current-account-deficit-likely-to-hit-three-year-high-at-43-8-bn-in-fy22-122060900749_1.html The country’s current account deficit is likely to hit a three-year high of 1.8 per cent or USD 43.81 billion in FY22, as

Clipped from: https://www.business-standard.com/article/companies/wage-cost-inflation-may-moderate-it-players-profit-margins-by-1-5-122061000043_1.html The shrinking will be over and above the narrowing of up to 3.50 per cent on the operating profit margin front for most

Clipped from: https://www.business-standard.com/article/opinion/oil-shock-what-the-rbi-can-do-122060901256_1.html The absolute oil price rises at a very high rate and the absolute prices of other goods and services rise somewhat at their