More flights and higher electricity generation amid lower Covid-19 cases
Shaktikanta Das was also quick to add that he expects retail inflation to moderate going forward
RBI has infused Rs 17 trn during past two years and will ensure adequate funds that economy needs, says Shaktikanta Das
Oil prices jumped more than $3 on the day, pushing global benchmark Brent to above $111 a barrel as European Union nations considered joining the United States in a Russian oil embargo
Russia, Ukraine account for around 80% of India's exports to CIS countries
No new ideas have emerged on what the new FTP should be, despite meetings with the stakeholders through the Board of Trade and Export Promotion Councils
Just when India's economy was picking up pace, the Russia-Ukraine war is putting the brakes on growth recovery
More needs to be done besides changing WPI base
Congress leader Rahul Gandhi on Saturday asked the government to act quickly over the rising inflation in the country as the Russia-Ukraine war may further escalate prices.
There are several reasons for the lack of uniformity, such as depreciation of other currencies, essential nature of crude imports and global fluctuations in energy prices
Every $10 increase in crude prices lowers India's GDP growth by around 20 basis points and increases domestic inflation by 30 basis points
India has struggled to generate adequate military resources
The report said the shock emanating from geopolitical risks hit at a time when inflation was elevated in many countries
The Reserve Bank of India (RBI) remained a net seller of the US currency in January 2022, selling $771 million in the spot market.
The RBI also said that a rapid and large withdrawal of fiscal support risks pushing the economy over the cliff into a sharp downturn
India's role in maintaining food security on the global stage could significantly increase if it succeeds in expanding its marketshare of wheat. New Delhi is already the largest exporter of rice
It's time to cushion India from the same 'oil shock' story
Experts shed light on the opportunities ahead for NBFCs and how they can capitalise on them
Stating that Karnataka is set to become the number one state in the country in overall economic growth, CM Bommai expressed confidence that the state will contribute $1.5 trillion to economy
Self-reliance is not the same thing as self-sufficiency, NITI Aayog V-C said