Clipped from: https://www.business-standard.com/article/opinion/rbi-falls-in-line-with-global-central-banks-122050800842_1.html Another rate hike in June is on the cards. The question is: How much? Could it be 75 bps at one go or
गेले लिहायचे राहून.. : लाच | लोकसत्ता
Clipped from: https://www.loksatta.com/chaturang/gele-lihayche-rahun-author-mrudula-bhatkar-bribe-government-work-dishonesty-support-ysh-95-2917518/ ‘‘हल्ली लाच कोण घेत नाही? असं आपण अगदी सहज बोलून जातो. सरकारी कामात लाच घेतच असणार आणि ती दिल्याशिवाय काहीही होणार नाही, हे
*****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
*****A jolt from RBI: Consistently underestimating inflation raises questions over central bank’s forecasting abilities | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/inflation-rbi-forecasts-interest-rate-hike-covid-19-economy-7901644/ In recent times, there has been marked variance between actual inflation and the RBI’s forecasts. In its February policy, the RBI had projected
*****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
*****Sustaining export growth | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/sustaining-export-growth-122050401289_1.html Commodity prices will push up trade deficit The Union Ministry of Commerce has released the preliminary data for India’s merchandise trade during April.
*****Course correction | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/course-correction-122050401281_1.html RBI has been slow in withdrawing accommodation The Reserve Bank of India (RBI) has eventually decided to adjust to the evolving economic reality. The Monetary Policy
*****RBI’s interest rate hike forefronts inflation as the big challenge in the months ahead–Times of India
lipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/rbis-interest-rate-hike-forefronts-inflation-as-the-big-challenge-in-the-months-ahead/ Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who
*****Turbulence ahead: RBI makes it clear inflation is now the big challenge, governments need to gear up to fight it–Times of India
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/turbulence-ahead-rbi-makes-it-clear-inflation-is-now-the-big-challenge-governments-need-to-gear-up-to-fight-it/ TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues
*****Inevitable increase: The Hindu Editorial on RBI’s interest rate hike – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/inevitable-increase-the-hindu-editorial-on-rbis-interest-rate-hike/article65381640.ece The RBI’s increase in interest rates was long overdue The RBI’s increase in interest rates was long overdue The penny has dropped. After
*****The day RBI moved the rates | Deccan Herald
lipped from: https://www.deccanherald.com/opinion/the-day-rbi-moved-the-rates-1106602.html Finance ministry was keen for more accommodation to keep the growth trends going even at the cost of higher inflation, but the numbers
*****US Federal Reserve raises interest rate by half point to contain inflation | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/us-federal-reserve-raises-interest-rate-by-half-point-to-contain-inflation-1106541.html Inflation has become an overriding concern after the world’s largest economy saw annual consumer prices jump 8.5% over the 12 months to March
*****‘Unkindest’ rise in interest rates | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/unkindest-rise-in-interest-rates-1106535.html The unscheduled rate hike is too sudden, too steep, and most ill-timed It is for the first time since August 2018 that the
*****With repo rate hike, RBI has done what’s necessary | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/with-repo-rate-hike-rbi-has-done-whats-necessary-7901835/ It may have surprised the markets, but the move was prudent. More hikes are likely to follow By pledging to remain accommodative to
*****Repo Rate News here; RBI hikes repo rate by 40 bps to 4.40%–Indian Express
Clipped from: https://indianexpress.com/article/business/economy/rbi-governor-shaktikanta-das-live-updates-inflation-7900659/ By hiking the Repo rate and CRR, the RBI is aiming to keep inflation – which is already close to 7 per cent
*****GST’s next step — reforms: Good time to reduce slabs as tax mop-up is on an upswing | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gsts-next-step-reforms-good-time-to-reduce-slabs-as-tax-mop-up-is-on-an-upswing/2510813/ Currently there are four main slabs—5%, 12%, 18% and 28%. One option, reportedly being proposed by the tax authorities, is to merge the
*****Shifting Narratives: Supreme Court weighs down on Sebi’s burden on insider trading | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/shifting-narratives-supreme-court-weighs-down-on-sebis-burden-on-insider-trading/2511882/ The apex court’s decision in the PC Jeweller case limits the scope of application of circumstantial evidence without corroboration As per Sebi, the
*MeitY to train 85,000 engineers on chip design in next 5 years – BusinessToday
Clipped from: https://www.businesstoday.in/technology/news/story/meity-democratising-chip-designing-to-train-over-85000-engineers-in-next-5-yrs-332339-2022-05-04 Ashwini Vaishnaw, Minister for Electronics & Information Technology envisions making available a design talent pool of highly skilled engineers for turning India into
*Tax reassessment: Supreme Court sets aside HC orders, revives show-cause notices | The Financial Express
Clipped from: https://www.financialexpress.com/economy/tax-reassessment-supreme-court-sets-aside-hc-orders-revives-show-cause-notices/2513244/ The SC order would mean that the the change in law can’t be an alibi for taxpayers to escape the proceedings initiated via
*****Arming to change inflation projection – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/arming-to-change-inflation-projection/articleshow/91324656.cms Synopsis The MPC has retained its accommodative stance with India that will be caught in a global slowdown. RBI’s Monetary Policy Committee (MPC) has stepped
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