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Page 3 - Indian Economy

Govt will be able to control inflation in the medium-term: Sanjeev Sanyal

"Taking all these measures into account, I think that we are broadly in a good situation economically and will be able to keep inflation under control in the medium term," he added

Govt will be able to control inflation in the medium-term: Sanjeev Sanyal
Updated On : 14 May 2022 | 10:14 AM IST
Updated On : 13 May 2022 | 6:30 AM IST

Economic growth to slow if RBI hikes rates: Finance secy Somanathan

The central bank hiked its repo rate by 40 basis points (bps) to 4.40 per cent following an emergency meeting earlier this month

Economic growth to slow if RBI hikes rates: Finance secy Somanathan
Updated On : 13 May 2022 | 12:10 AM IST

Better placed than peers to fight inflation: Finance ministry report

The report said that seen over a longer time horizon, inflation in India's economy has not been as much a challenge as is sensed from month-to-month changes

Better placed than peers to fight inflation: Finance ministry report
Updated On : 13 May 2022 | 12:05 AM IST
Updated On : 12 May 2022 | 11:23 PM IST

India's biggest policy challenge

Lower labour force participation needs attention

India's biggest policy challenge
Updated On : 12 May 2022 | 10:20 PM IST

RBI may 'kill excess demand' in economy in six-eight months

The RBI increased the limit for keeping specified securities in the HTM portfolio from 22 per cent to 23 per cent

RBI may 'kill excess demand' in economy in six-eight months
Updated On : 12 May 2022 | 6:10 AM IST

Morgan Stanley cuts India's growth forecasts on inflation, global slowdown

Gross domestic product growth will be 7.6% for FY23 and 6.7% for FY24, 30 basis points lower than the previous estimates, the brokerage said in a note

Morgan Stanley cuts India's growth forecasts on inflation, global slowdown
Updated On : 11 May 2022 | 4:57 PM IST

Hiring boom begins in India as Covid infections decrease; economy reopens

India Inc will hire 5% more people in the April-June period compared to the Q1 this year, a new report showed, as Covid infections decrease amid reopening of industries across the spectrum

Hiring boom begins in India as Covid infections decrease; economy reopens
Updated On : 11 May 2022 | 3:41 PM IST

Why pruning general debt to 66% of GDP over next 5 years looks unachievable

An RBI report says even in the best case scenario, general govt debt may not dip below 75% of GDPl and if there are events, it may in fact rise to 90% of GDP by 2026-27

Why pruning general debt to 66% of GDP over next 5 years looks unachievable
Updated On : 11 May 2022 | 2:56 PM IST

India's FY22 per capita income projected higher than Bangladesh: IMF

Bangladesh is likely to topple India again for each of the next six years

India's FY22 per capita income projected higher than Bangladesh: IMF
Updated On : 11 May 2022 | 9:59 AM IST

Amid rising imports, Centre mulls boosting production of specific items

Government officials also told industry representatives that exports and domestic production are inter-linked

Amid rising imports, Centre mulls boosting production of specific items
Updated On : 11 May 2022 | 6:10 AM IST

Govt-appointed panel to finalise RoDTEP rates for SEZs by mid-June

The committee is likely to submit its report to the department of commerce by mid-June

Govt-appointed panel to finalise RoDTEP rates for SEZs by mid-June
Updated On : 11 May 2022 | 6:10 AM IST

Indian inflation likely accelerated to an 18-month high in April: Report

Food inflation, which accounts for nearly half the consumer price index (CPI) basket, reached a multi-month high in March

Indian inflation likely accelerated to an 18-month high in April: Report
Updated On : 10 May 2022 | 9:47 AM IST

Monetary policy must respond nimbly to second inflation round: IMF official

In a Q&A, the lead author of IMF's Asia and Pacific Outlook, dwells on the impact the Fed's move on the benchmark rate could impact India

Monetary policy must respond nimbly to second inflation round: IMF official
Updated On : 10 May 2022 | 12:50 AM IST

Govt may save Rs 9,000 crore in claims under export promotion schemes

In April, exports grew 24.2 per cent year-on-year to their third-highest level of $38.2 billion, on the back of higher commodity prices

Govt may save Rs 9,000 crore in claims under export promotion schemes
Updated On : 10 May 2022 | 6:10 AM IST
Updated On : 09 May 2022 | 9:06 PM IST

Statsguru: Six charts show Indian economy's structural constraints

The RBI report stated that India would need to boost exports further and carry out import substitution

Statsguru: Six charts show Indian economy's structural constraints
Updated On : 09 May 2022 | 6:10 AM IST

FM Sitharaman flags anonymity as 'inherent risk' in use of blockchain

Finance Minister Nirmala Sitharaman flagged anonymity as an "inherent risk" in blockchain technology and called for taking precaution in future with a rise in the use of this technology

FM Sitharaman flags anonymity as 'inherent risk' in use of blockchain
Updated On : 07 May 2022 | 6:48 PM IST

When it comes to politics, inflation is no longer what it used to be

There is near total political silence around inflation with neither politicians nor their parties caring to take it up

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Updated On : 07 May 2022 | 12:09 PM IST