Page 76 - Indian Economy
Spiralling prices of essentials, fuel strain household budgets across India
While the prices of vegetables and several other food items have gone through the roof, the rates of petrol and diesel have increased by about Rs 10 per litre each in the past one month.
 "Spiralling prices of essentials, fuel strain household budgets across India")
Unemployment rate falls, from grace
The decline in the LPR reflects the inadequacy of the growth in employment opportunities
Moody's maintains 'stable' outlook for Indian banks on recovering economy
It said that the global economic fallout from the Russia-Ukraine military conflict will create some risks
 "Moody's maintains 'stable' outlook for Indian banks on recovering economy")
Govt likely to wait until ceasefire to announce Russia payments deal
An inter-ministerial group headed by the finance ministry has been meeting regularly for over a month to analyse and discuss payment mechanisms that can work under the current circumstances
 "Govt likely to wait until ceasefire to announce Russia payments deal")
Experts list out triggers to drive Indian markets in holiday-shortened week
Stock markets will be closed on Thursday for Mahavir Jayanti and Dr Babasaheb Ambedkar Jayanti, as well as on Friday on account of Good Friday
 "Experts list out triggers to drive Indian markets in holiday-shortened week")
Govt spent nearly Rs 100 trn on development, social sector schemes in 8 yrs
The numbers posed by the former finance minister fall way short of the mark as development expenditure was nearly four times
 "Govt spent nearly Rs 100 trn on development, social sector schemes in 8 yrs")
Top headlines: India Inc divided over new apps, tax revenues at record high
Business Standard brings you the top headlines this morning
 "Top headlines: India Inc divided over new apps, tax revenues at record high")
Monetary policy review: We want to withdraw ultra-accommodation, says RBI
We are watchful and the situation is dynamic and fast changing and all our actions will be tailored accordingly, says Shaktikanta Das
 "Monetary policy review: We want to withdraw ultra-accommodation, says RBI")
Monetary policy: RBI shifts gaze to inflation from growth after 2 years
Sets stage for rate hikes after June policy amid high oil prices, yields
'Turning the policy corner': What experts have to say about RBI decisions
RBI monetary Policy: As the central bank keeps the repo rate unchanged at 4 per cent, here is what the industry experts has to say
 "'Turning the policy corner': What experts have to say about RBI decisions")
Lagging indicators
Delays in annual reports cause an information vacuum
 "Lagging indicators")
Indian economy in good shape on high GDP growth, says Bimal Jalan
Notwithstanding economic uncertainties triggered by the Russia-Ukraine war that is also impacting the global supply chain, Jalan said it is not going to affect India's economic performance
 "Indian economy in good shape on high GDP growth, says Bimal Jalan")
Words and warning: What US has told India about economic ties with Russia
India-Russia Economic Relations: Joe Biden and his advisors have cautioned New Delhi against circumventing sanctions on Russia for its invasion of Ukraine.
 "Words and warning: What US has told India about economic ties with Russia")
Countries approach India for supply of wheat, sugar during Ukraine conflict
India said on Wednesday that its approach to the Ukraine crisis remains to promote dialogue to end the conflict and mitigate economic distress for itself and for the world
 "Countries approach India for supply of wheat, sugar during Ukraine conflict")
TMC leaders hold protest against price hike in Parliament complex
TMC MPs on Thursday held a protest in front of the Gandhi statue in Parliament complex against rising prices of essential commodities and fuel.
 "TMC leaders hold protest against price hike in Parliament complex")
Strongest expansion since Dec: Services sector PMI rises to 53.6 in Mar
The seasonally-adjusted S&P Global India services purchasing managers' index (PMI) - released on Wednesday - showed PMI for services for March rose to 53.6 from 51.8 in the preceding month
 "Strongest expansion since Dec: Services sector PMI rises to 53.6 in Mar")
Asian Development Bank retains India's GDP forecast for FY23 at 7.5%
The higher capital spending is likely to improve the efficiency of India's logistics infrastructure, among others, crowd-in private investment, generate jobs in construction, and sustain growth
 "Asian Development Bank retains India's GDP forecast for FY23 at 7.5%")
India's services sector expands at fastest pace so far this year in March
The S&P Global India Services Purchasing Managers' Index rose to 53.6 in March from 51.8 in February, beating the 52.5 estimate in a Reuters poll.
 "India's services sector expands at fastest pace so far this year in March")
India's economy to grow by 7.5% in FY23; to pick-up to 8% in FY24: ADB
Asian Development Bank on Wednesday projected a seven per cent collective growth for South Asian economies in 2022
 "India's economy to grow by 7.5% in FY23; to pick-up to 8% in FY24: ADB")
RBI to wait at least until August to raise repo rate: Economists
Inflation has held above the RBI's 6% upper threshold so far this year, casting doubt on its current strategy of keeping rates low to bolster growth
 "RBI to wait at least until August to raise repo rate: Economists")