Page 18 - Arup Roychoudhury

Asked Putin to talk directly with Zelenskyy: PM Modi to Joe Biden

Both Biden and Modi, whose meeting kicked off the latest annual 2+2 meeting, called for an end to hostilities in Ukraine

RBI monetary policy review: FY23 inflation projections raised to 5.7%

The projection on inflation is based on the assumption of international crude oil prices of the Indian basket remaining at $100 billion a barrel

Cabinet nod to distribute fortified rice under central schemes

According to an official statement later, the Food Corporation of India (FCI) and state agencies have procured 88.65 metric tonnes of fortified rice for supply and distribution

As multiple crises hit, a case for fresh economic assessment to Parliament

Given the Covid-19 pandemic, and now the war in Europe, economists assert there could be a case for reviving the practice for the sake of fiscal transparency at least temporarily

Putting energy security first, buying discounted Russian oil: FM Sitharaman

Sitharaman said that she was entering financial year 2022-23 (FY23) with "cautious optimism" at a time of global commodity price escalation due to the Russia-Ukraine war

Centre plans to borrow 59% of FY23 debt target in April-September

Estimated at Rs 8.45 trn; full-year borrowing likely at Rs 14.31 trn

Cabinet hikes dearness allowance for central govt employees by 3%

The move will benefit about 4.8 million central government employees and 6.9 million pensioners and will be effective from January 1, 2022.

India Ratings slashes India's FY23 GDP forecast to 7%-7.2% from 7.6%

Ind-Ra's India GDP forecast cut comes a day after ICRA Ltd cut its FY23 growth forecast to 7.2 percent from 8 percent

Russia-Ukraine war disrupting global supply chains: FM Sitharaman

'Focusing on growth, recovery with predictable tax regime'

India's FY23 fiscal deficit likely to hit 6.7% on free grains move

Finance Minister Nirmala Sitharaman has pegged the Centre's capex for FY23 at Rs 7.5 trillion

Immediate fuel price hike unlikely; govt comfortable with $100 crude

The last excise duty cut by the Centre was in November 2021, ahead of elections in five key states, including Uttar Pradesh and Punjab.

India may import 15 million barrels of cheap Russian oil

Doesn't violate sanctions but on wrong side of history: US

Russia-Ukraine war poses upside risk to inflation: Finance ministry

Monthly report says second advance GDP estimate reaffirms full recovery

States yet to get Rs 53,661-crore GST compensation: Finance ministry

According to the data tabled by Sitharaman, the highest amount of GST compensation yet to be released will go to Maharashtra, at Rs 11,563 crore.

No public sector bank faced loss in last three quarters, says govt

No plan to set up fiscal council: FinMin

Rs 54,604-crore ECLGS loans for FY22 guaranteed: Finance ministry

This is down from Rs 1.57 trillion worth of loans guaranteed in 2020-21

Finance ministry seeks nod for FY22 extra net spend of Rs 1.07 trillion

Some of the big items include Rs 14,902 crore for fertiliser subsidy and Rs 30,170 crore for credit-linked subsidy scheme houses for economically weaker sections

Russia-Ukraine war: Govt stares at higher fertiliser subsidy bill

Ukraine war may push FY22 burden by Rs 15k cr, hit FY23 estimate

BJP's victory in Assembly elections spells policy continuity: Analysts

On Thursday, BJP's Yogi Adityanath became the first chief minister of Uttar Pradesh in 37 years to retain power for a second term

Inflation expected to average 5.4% in FY23, says CRISIL's DK Joshi

In an exclusive interaction with Arup Roychoudhury, CRISIL Chief Economist D K Joshi said the spike in commodity prices due to the war in Europe would impact household inflation. Listen in