Asit Ranjan Mishra
 "Asit Ranjan Mishra")
Asit Ranjan Mishra
Asit Ranjan Mishra is the Economic Affairs Editor at Business Standard, with 20 years of experience in digital and print media. Based in Delhi, 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 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 Economic Affairs Editor at Business Standard, with 20 years of experience in digital and print media. Based in Delhi, 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 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.
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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
 "India joins US-led Indo-Pacific economic bloc aimed at countering China")
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")
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
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")
