Page 21 - Indian Economy

After 7 months, retail inflation breaches RBI upper tolerance limit in Jan

Data released by the statistics department showed consumer price index (CPI) based inflation rate touched 6.01 percent in January driven by food and beverages, clothing and footwear

Recovery tracker: Higher mobility, power generation as Covid cases decline

Traffic congestion is rising again in major cities

Momentum of inflation on downward slope, says RBI Governor Shaktikanta Das

The Reserve Bank's inflation projections, Das said, are "robust" but contingent on downside and upside risks associated with the movement of global crude oil prices

Asset quality issues to affect realty-focused non-banks till FY23: Study

The real estate AUM of non-banks contracted by 17.64 per cent to Rs 2.8 lakh crore as of March 2021 from Rs 3.4 lakh crore as of March 2019

Rupee slumps for 5th day in a row, closes at 75.58 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent higher at 96.21

Jan retail inflation likely rose to 6%, but no cause for panic: RBI Guv

There's a sort of major delicate balance between inflation and growth and the Reserve Bank is fully aware of its commitment to inflation, says Shaktikanta Das

WPI inflation eases to 12.96% in Jan from 13.56% in the previous month

Wholesale price index (WPI)-based inflation rate decelerated to 12.96% in January from 13.56% in the preceding month as per the data released by the industry department.

Statsguru: Six charts explain India's uneven economic recovery

A key reason for lower than expected inflation projections could be weak demand

Non-financial debt jumps 11.9% to Rs 371 trillion in Sept quarter: Report

However, this is lower than the previous fiscal, when it had touched 180.2 per cent of GDP after a three per cent contraction in the nominal GDP during FY21

A balanced response to inflation

A large across-the-board increase in interest rates is a cure worse than the disease

India's Dec factory output growth at 10-mth low of 0.4% on Covid disruption

Manufacturing output contracted 0.1% while mining and electricity grew at 2.6% and 2.8%, respectively

Checked inflation even when Covid hit us, says FM Nirmala Sitharaman

CPI inflation at 6.2% now, was 9.1% during 2008 financial crisis, she says

Exports: Has white-collar success trumped India's blue-collar viability?

If India were trading in only goods, a massive deficit of about $150 bn would have forced down the rupee's value, making Indian manufactured goods cheaper in export markets, writes T N Ninan

Budget brings stability, inflation less than that during 2008 crisis: FM

There is no question of a slowdown or recession, said Sitharaman, as she cited an estimated 9.2 per cent GDP growth in the current fiscal year ending March 31

Internet connectivity in rural India growing at fast pace: Sitharaman

Rural internet user base is growing three times faster and is likely to surpass the urban user numbers soon, said Finance Minister Nirmala Sitharaman in the Rajya Sabha

Govt contained inflation at 6.2% despite biggest contraction in economy: FM

Sitharaman said that the government is also encouraging startups which resulted in creation of many unicorns during the pandemic.

India's internet economy poised to be $1 trn economy by 2030: RedSeer rpt

The expansion is being fueled by a rapidly increasing internet penetration rate, high-speed internet access, and increased online shopping and digital content consumption

Spurious macroeconomic analytics

The expenditure specific multipliers that are being cited to proclaim this Budget as expansionary have no analytical foundation.

Centre's GDP deflator forecast for FY23 is 3-3.5%: FM Nirmala Sitharaman

Based on Sitharaman's statement, the finance ministry's own real GDP projection is closer to that of the Reserve Bank of India

Monetary policy meeting: We are not behind the curve, says RBI

The rates - whether repo or reverse repo - present a particular stance. They are reflective of the stance adopted by the RBI, said RBI Governor Shaktikanta Das