 "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 31 - Asit Ranjan Mishra
WTO: India raises concerns over trade barriers built in by Indonesia
Indonesia last week banned the export of crude and refined palm oil amid global shortage of the edible oil
 "WTO: India raises concerns over trade barriers built in by Indonesia")
India's exports up 24% to $38 bn in April; trade deficit widens to $20 bn
The preceding month had witnessed record outbound shipments of $42.2 billion
 "India's exports up 24% to $38 bn in April; trade deficit widens to $20 bn")
Germany commits 10 billion euros for green projects in India by 2030
PM Modi says both sides launched Indo-Germany partnership on sustainable development
 "Germany commits 10 billion euros for green projects in India by 2030")
Core sector picks up sequentially; registers double digit growth in March
A coal shortage could aggravate power cuts in many states, leading to economic growth losing momentum.
 "Core sector picks up sequentially; registers double digit growth in March")
India's personal data protection bill may threaten innovation, growth: USTR
The USTR said patent issues continue to be of concern in India
 "India's personal data protection bill may threaten innovation, growth: USTR")
India urges Argentina to do away with export duty on sunflower oil
In return, New Delhi is offering import duty concession on edible oil
 "India urges Argentina to do away with export duty on sunflower oil")
India and UK set Diwali deadline for concluding free trade pact
No pressure from UK over India's stand on Russia, says Shringla
 "India and UK set Diwali deadline for concluding free trade pact")
Wholesale inflation in March surges to second highest since 2004
This surge comes as commodity prices harden amid the Russia-Ukraine offensive
 "Wholesale inflation in March surges to second highest since 2004")
Current account deficit could cross 5% in 2022 if crude hits $150/barrel
India's CAD expanded to 2.7 per cent of GDP in the December quarter from 1.3 per cent in September quarter on account of higher import bill
 "Current account deficit could cross 5% in 2022 if crude hits $150/barrel")
CBDC likely to pose risks for financial stability, says World Bank
CBDC differs from traditional central bank money in that it can be digitally created and recorded on centralised or decentralised ledgers
 "CBDC likely to pose risks for financial stability, says World Bank")
India growth forecast cut to 8% for FY23, says World Bank
Sluggish recovery in consumption demand, uncertainties of Ukrainian war cited
 "India growth forecast cut to 8% for FY23, says World Bank")
Rs 1,900 crore deficit likely to hit infrastructure projects in FY23
While the Department for Promotion of Industry and Internal Trade (DPIIT) had sought Rs 10,267 crore from the finance ministry for FY23, it received Rs 8,348-crore allocation.
 "Rs 1,900 crore deficit likely to hit infrastructure projects in FY23")
India's retail inflation rises to 6.95% in March; IIP remains muted
Food and oil prices push inflation to 17-month high
 "India's retail inflation rises to 6.95% in March; IIP remains muted")
Nepal's decision to ban import of non-essential items may hit India hard
Nepal is India's ninth largest export destination with $9.6 billion of exports to the landlocked country in calendar year 2021
 "Nepal's decision to ban import of non-essential items may hit India hard")
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%")
Local currency trading with Sri Lanka not feasible, says govt official
This is because there's no demand for Indian goods at present, except for essential items that India is supplying under humanitarian grounds
 "Local currency trading with Sri Lanka not feasible, says govt official")
Double taxation relief for Indian IT companies operating in Australia
Both the trade deal and changes to domestic Australian tax laws will come into effect once the Australian Parliament ratifies the deal after the general elections due in May are completed in Australia
 "Double taxation relief for Indian IT companies operating in Australia")
Only 80.6% spent till February, govt likely to miss capex target
While monthly capex spending peaked to Rs 1.2 trillion in December, it has drastically fallen in subsequent months with expenditure of only Rs 43,495 crore in February
 "Only 80.6% spent till February, govt likely to miss capex target")
Govt keeps interest rate of small savings schemes unchanged for Q1FY23
Rising inflation rate and increasing chances of the RBI reversing its accommodative policy stance may have prevented the govt from cutting small savings rates
 "Govt keeps interest rate of small savings schemes unchanged for Q1FY23")
India's core sector grows 5.8%; fiscal deficit widens to 82.7% of RE
When compared to the same month a year ago, all sectors except crude oil (-2.2 per cent) and fertilisers (-1.4 per cent) registered robust growth
 "India's core sector grows 5.8%; fiscal deficit widens to 82.7% of RE")