Page 71 - Indian Economy

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

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

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

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

Recovery tracker: Eid celebrations boosts retail and recreation visits

Traffic has increased in Mumbai and New Delhi

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

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

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

What explains RBI's 'near-unanimous' inaction even as inflation was rising?

For the RBI, a correct reading of its mandate would have been that the inflation target is 4%, not 6%. And action to raise interest rates should have begun last year, writes T N Ninan

Rupee weakens against US dollar in early trade, falls 38 paise to 76.73/$

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent lower at 103.61

Auto retail sales grow 37% in April on low Covid-hit base effect

Total sales across categories rose to 16,27,975 units in April, as compared to 11,87,771 units in the year-ago period.

All indicators show that India's economy is on the growth path: Goyal

All the key indicators such as jump in exports and high GST collection in April reflect that the country's economy is on the growth path, commerce and industry minister Piyush Goyal said on Thursday.

RBI should raise rates more to fulfil inflation mandate, regain credibility

Higher interest rates may complicate the financing of a record $200 billion government borrowing programme, bigger than even in the first year of the pandemic.

India's services activity at 5-month high in Apr despite inflation worries

While input costs increased at the fastest rate in nearly 14 years, prices charged rose at their quickest rate in around half a decade.

Top headlines: Lending rates to rise, half a dozen IPOs in May after LIC

Business Standard brings you the top headlines at this hour

Real question for the RBI: When to raise the rates and by what extent

Barring external shocks of which this government has been a persistent victim since 2019, things should pan out well by April 2024

In a surprise move, RBI raises repo rate by 40 bps to 4.40 per cent

The RBI MPC voted unanimously to increase the benchmark rate, said Governor Shaktikanta Das

Signs of better investment cycle pushes corporate profits: ICICI Securities

On an aggregate basis, corporate profits are expected to grow in a range of 15 per cent-30 per cent over FY22-FY24E with the NIFTY50 likely to grow at the lower end of the range

Take a cautious approach in launching a digital currency, says report

Developing it could have some hazards, including those to institutions, end-users, and reputation of the central bank, says NCAER working paper

RBI Governor Shaktikanta Das to make unscheduled statement at 2 pm

The yield on 10-year benchmark bond spiked 9 bps to touch 7.2% after the news