 "Asit Ranjan Mishra")
Asit Ranjan Mishra
Asit Ranjan Mishra
Asit Ranjan Mishra is the Economics Affairs editor at Business Standard. With two decades of experience in digital and print media, he specialises in international trade, macro-economic policy and data journalism. His expertise also includes developmental issues and political economy. He is a National Press Foundation fellow and has reported from major global cities on special assignments. Mishra, who is based in New Delhi, has previously held senior editorial roles at HT Mint and has a strong background in economics and journalism, with degrees from Utkal University and Indian Institute of Mass Communication.
Asit Ranjan Mishra is the Economics Affairs editor at Business Standard. With two decades of experience in digital and print media, he specialises in international trade, macro-economic policy and data journalism. His expertise also includes developmental issues and political economy. He is a National Press Foundation fellow and has reported from major global cities on special assignments. Mishra, who is based in New Delhi, has previously held senior editorial roles at HT Mint and has a strong background in economics and journalism, with degrees from Utkal University and Indian Institute of Mass Communication.
Page 30 - Asit Ranjan Mishra
Indian wheat must not be re-exported to 3rd country, says Piyush Goyal
'We want to support less developed, friendly and neighbouring countries to the extent we can'
 "Indian wheat must not be re-exported to 3rd country, says Piyush Goyal")
Centre chose expenditure switch to contain widening fiscal deficit
Robust revenue collection and higher nominal GDP, however, led to an improved fiscal deficit at 6.7 per cent in FY22 against the 6.9 per cent estimated
 "Centre chose expenditure switch to contain widening fiscal deficit")
After 13-quarter high in Q3, current account deficit may have eased in Q4
Net exports, which are considered a proxy for current account deficit, declined 2.9% of the GDP in the March quarter
 "After 13-quarter high in Q3, current account deficit may have eased in Q4")
India's GDP grows 4.1% in Q4; expands 8.7% in FY22: Govt data
Manufacturing sector contracts in March quarter due to supply disruptions
 "India's GDP grows 4.1% in Q4; expands 8.7% in FY22: Govt data")
As kharif season sets in, India eyes long-term fertiliser contracts
Set to sign long-term contracts with Morocco and Latin American countries to ensure steady flow
 "As kharif season sets in, India eyes long-term fertiliser contracts")
Moody's cuts CY22 India GDP growth forecast to 8.8% amid rising inflation
Says rise in crude, food, and fertiliser prices will weigh on household spending
 "Moody's cuts CY22 India GDP growth forecast to 8.8% amid rising inflation")
Nations send in requests to India seeking supplies after wheat export ban
Export demand from India has seen a surge this year due to the shortage of wheat in the world markets because of the Russia-Ukraine war
 "Nations send in requests to India seeking supplies after wheat export ban")
Quad countries make $50-bn infra push for Indo-Pacific to counter China
Without naming Sri Lanka, the Quad leaders also resolved to address debt issues of countries in the region
 "Quad countries make $50-bn infra push for Indo-Pacific to counter China")
Proposed Indo-Pacific trade bloc: Here's a look at what is in it for India
Apart from the four Quad members, IPEF includes Brunei Darussalam, Indonesia, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and Vietnam
 "Proposed Indo-Pacific trade bloc: Here's a look at what is in it for India")
India joins US-led Indo-Pacific economic bloc aimed at countering China
On issues such as digital commerce, labour, and environmental standards, India and the US have contrasting views
Quad Summit 2022: India likely to take a cautious stance on IPEF
Prime Minister Narendra Modi on Sunday left to attend the second in-person Quad summit
 "Quad Summit 2022: India likely to take a cautious stance on IPEF")
SC verdict on GST Council: Importers to save on 5% IGST on ocean freight
SC said the impugned levy imposed on the 'service' aspect of the transaction is in violation of the principle of 'composite supply' enshrined under Section 2(30) read with Section 8 of the CGST Act
 "SC verdict on GST Council: Importers to save on 5% IGST on ocean freight")
S&P cuts India's growth forecast for FY23 to 7.3%, sees inflation at 6.3%
The rating agency assumes that the Russia-Ukraine conflict is more likely to drag on and escalate than end earlier, pushing the risks to the downside
 "S&P cuts India's growth forecast for FY23 to 7.3%, sees inflation at 6.3%")
WPI inflation hits 15.08% in Apr, in double-digits for 13th straight month
Wholesale price inflation rate is now in double digits for 13 consecutive months.
 "WPI inflation hits 15.08% in Apr, in double-digits for 13th straight month")
Netherlands jumps 5 places to become India's 5th-largest export destination
Germany, which was earlier India's top European export destination (eighth position), has now dropped two ranks to 10th place
 "Netherlands jumps 5 places to become India's 5th-largest export destination")
India seeks WTO waiver to sell subsidised foodgrains in world market
'WTO's priority must be to revive world economy, sustain post-pandemic growth'
 "India seeks WTO waiver to sell subsidised foodgrains in world market")
Retail inflation hits 8-yr high of 7.8% in Apr on costlier fuel, food items
Factory output shows poor growth at 1.9% in March
 "Retail inflation hits 8-yr high of 7.8% in Apr on costlier fuel, food items")
Morgan Stanley cuts India's FY23 growth forecast to 7.6%
The Reserve Bank of India (RBI) has revised downwards its growth projection for FY23 to 7.2 per cent from 7.8 per cent earlier
 "Morgan Stanley cuts India's FY23 growth forecast to 7.6%")
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")
India's PMI services at 5-month high in April on higher fresh orders
However, companies resumed hiring in April, as seen by the first increase in employment since November
 "India's PMI services at 5-month high in April on higher fresh orders")