Business Standard

Vrishti Beniwal

Vrishti Beniwal

Vrishti Beniwal

Vrishti Beniwal

India's economy faces significant external headwinds, says IMF

Earlier this week, the Washington-based fund lowered India's growth forecast by 0.6 percentage points to 6.8% for the year ending March 2023 -- the biggest downgrade among major economies after the US

India's economy faces significant external headwinds, says IMF
Updated On : 13 Oct 2022 | 3:36 PM IST

Indian economy's slow-but-steady activity awaits festive season boost

India's economy showed signs of slowing-but-steady growth last month, with businesses holding on to optimism that domestic demand will revive as the peak shopping season approaches

Indian economy's slow-but-steady activity awaits festive season boost
Updated On : 11 Oct 2022 | 7:54 AM IST

India rules out tax policy changes for inclusion of bonds in global indices

The government doesn't plan to waive capital gains taxes, and it's concerned that foreign inflows will increase the volatility of local markets

India rules out tax policy changes for inclusion of bonds in global indices
Updated On : 28 Sep 2022 | 8:03 AM IST

Govt may retain or cut bond borrowings for current fiscal on robust revenue

India may keep its market borrowing plan for the financial year intact, with a recent uptick in revenues likely to lead to a discussion on whether the target can be reduced

Govt may retain or cut bond borrowings for current fiscal on robust revenue
Updated On : 20 Sep 2022 | 12:21 PM IST

Fate of world's biggest free food programme rests in PM Modi's hands

PM Modi will soon decide whether to extend a food dole out that has cost India $44 billion since the pandemic, or ease the strain on government finances and food supply

Fate of world's biggest free food programme rests in PM Modi's hands
Updated On : 20 Sep 2022 | 9:38 AM IST

Retail prices may continue to remain elevated even as wholesale prices ease

With wholesale prices galloping in double-digits since April last year, companies found themselves in a fix, raise prices too much and hurt a nascent recovery in demand or absorb costs and take a hit

Retail prices may continue to remain elevated even as wholesale prices ease
Updated On : 12 Sep 2022 | 11:11 AM IST

Economy faces resilience test as policymakers prioritise prices over growth

Gross domestic product is estimated to rise 15.4% in the three months to June from a year ago, according to a Bloomberg survey

Economy faces resilience test as policymakers prioritise prices over growth
Updated On : 30 Aug 2022 | 7:19 AM IST

Focusing on inflation to make central banks' job easier: Raghuram Rajan

He said issues such as climate change and employment are peripheral to the central bank mandate and could be better dealt with direct polices.

Focusing on inflation to make central banks' job easier: Raghuram Rajan
Updated On : 26 Aug 2022 | 5:29 PM IST

India's economic indicators give conflicting signs of recovery in July

Demand for Indian goods and services softened, a cross-section of high-frequency indicators compiled by Bloomberg News showed

India's economic indicators give conflicting signs of recovery in July
Updated On : 25 Aug 2022 | 9:01 AM IST

Govt may consider wheat import as shortage, rising inflation worries loom

The looming shortage and rising prices now have authorities making preparations to buy from overseas

Govt may consider wheat import as shortage, rising inflation worries loom
Updated On : 21 Aug 2022 | 7:00 AM IST

World's food supply faces new threat after India's rice crop falters

The threat to India's rice production comes at a time when countries are grappling with soaring food costs and rampant inflation

World's food supply faces new threat after India's rice crop falters
Updated On : 03 Aug 2022 | 8:52 AM IST

India's economic recovery falters as high prices, falling rupee bite

India's economic activity showed early signs of cooling off in June as acute price pressures, rising interest rates, and a falling rupee dampened sentiment after a strong showing the previous month

India's economic recovery falters as high prices, falling rupee bite
Updated On : 21 Jul 2022 | 9:16 AM IST

How Agnipath is turning the spotlight on India's unemployment crisis

A military recruitment plan (Agnipath) in India that sparked last month's violent protests is turning the spotlight on an unemployment crisis plaguing the $3.2 trillion economy

How Agnipath is turning the spotlight on India's unemployment crisis
Updated On : 08 Jul 2022 | 8:10 AM IST

Rupee's slide to successive record lows pits RBI against mkt full of bears

The rupee's tumble to a succession of record lows is sparking fears of a deeper selloff and pitting the central bank against analysts and strategists who are predicting further losses

Rupee's slide to successive record lows pits RBI against mkt full of bears
Updated On : 08 Jul 2022 | 7:50 AM IST

Pain for rupee likely as India's trade gap, capital outflows balloon

A shortfall in India's current account -- the broadest measure of trade -- will probably widen to 2.9% of gross domestic product in the fiscal year ending March 31

Pain for rupee likely as India's trade gap, capital outflows balloon
Updated On : 01 Jul 2022 | 10:23 AM IST

Indian economy gains momentum on pent-up demand after reopenings

The upturn in recovery of Indian economy was fueled by an expansion in services activity and a robust growth in core infrastructure industries

Indian economy gains momentum on pent-up demand after reopenings
Updated On : 27 Jun 2022 | 7:17 AM IST

HSBC sees slower rate hikes by RBI towards year-end on growth worries

HSBC is expecting the RBI to take repo rate to 6% by the middle of the next year, from 4.9% now

HSBC sees slower rate hikes by RBI towards year-end on growth worries
Updated On : 13 Jun 2022 | 4:28 PM IST

India Q4 GDP: Omicron curbs may have slowed down growth before Ukraine war

In the January-March quarter, the economy likely expanded 3.9%, according to the survey, a performance that will mark the low point of the year

India Q4 GDP: Omicron curbs may have slowed down growth before Ukraine war
Updated On : 31 May 2022 | 9:27 AM IST

India's protectionist moves spark concern that rice may be next target

India has stockpiled more than enough rice and prices have been under control

India's protectionist moves spark concern that rice may be next target
Updated On : 27 May 2022 | 10:48 AM IST

Strong demand powers Indian economy past record inflation, for now

The activity backed by stronger new orders was accompanied by a bump in output prices as producers started passing on high raw material costs to consumers

Strong demand powers Indian economy past record inflation, for now
Updated On : 27 May 2022 | 8:55 AM IST