Page 53 - Economy

Foreign trade policy extended by six months amid global headwinds

An FTP is an elaborate policy guideline and a strategy to promote export of goods and services

Bank of England eyes market turmoil, says 'will not hesitate' to act

Finance minister Kwasi Kwarteng sent sterling and govt bonds into freefall with a so-called mini-budget that was designed to grow the economy by funding tax cuts with huge increases in govt borrowing

US economy may be entering 'new normal' after pandemic, says Jerome Powell

Powell and his colleagues are moving rapidly to reduce the highest inflation in nearly 40 years after being slow to spot the threat of broadening price pressures.

Gains ahead for SBI: Higher NIM could lead to double digit earnings growth

A recovering economy may lead to higher credit demand from corporates, despite rising rates and there are signs that retail consumption is picking up

Microsoft CEO confident about Activision deal approval, handling of economy

Nadella said the company will keep growing in some areas after adding approximately 70,000 workers during the pandemic

Top headlines: IPO disclosure norms, moonlighting, telecom bill, and more

From the provisions in the new telecom bill to Sebi coming up with disclosure norms for IPOs of new-age companies, here are the top headlines on Friday

TMS Ep264: End of pandemic, Apple, global equities, Goldilocks scenario

Is the end of the pandemic in sight for India? What is the significance of Apple's 'Make in India' push? Is it time to diversify to global equities? What is Goldilocks scenario? All answers here

Govt employees' pension: 'Old versus new' debate gathers momentum

Reverting to OPS is being considered an easier option from a political standpoint, but could financially stress the states

At it yet again! The sequencing problem in setting a base year for GDP

The current datelines imply the GDP changes will happen only after the general elections of 2024

Will NITI Aayog-like bodies come up in the states and will they deliver?

Experts believe that merely replacing the state boards with Aayog-like bodies will not make them institutions which would be looked at seriously by the governments

Does a ban on commodities futures trading help govt solve inflation woes?

Futures trading in commodities has been banned at the drop of a hat despite numerous past committees and panels finding no direct linkage between such trading and price rise

Recovery tracker: Lower mobility, power generation in week ended Sept 14

Railway freight traffic numbers were higher than before

Centre plans to offer sops for natural farming under national mission

The central government is considering offering sops to farmers to adopt natural ways of farming, which will be part of a soon-to-be-launched national mission

Supply chains aren't broken, have evolved for the better in some places

The dismal state of American manufacturing combined with resilient Asian supply chains has brought into focus the crucial global role of industrial giants like South Korea, China and Japan

Firms starting to pass on rising costs amid pick-up in demand: RBI study

Report says the gap between output and input prices widened during the pandemic, particularly after the first Covid-19 wave

Decoded: What is National Logistics Policy and how will it get implemented?

The policy will be implemented through a Comprehensive Logistics Action Plan (CLAP), which will include key action areas

Top housing projects going nowhere; litigation, funding major issues

Nearly 500,000 homes, worth Rs 4.48 trillion, were stuck in seven metro markets in the country as things stood at the end of May, according to Anarock Property Consultants

Govt slashes windfall profit tax on domestic crude oil, ATF, diesel export

The move follows moderation in the Indian basket of crude to $92.53/barrel on average in September compared with the August average of $97.4/barrel

Be ready to meet the credit demand: FM Nirmala Sitharaman to banks

The finance minister said Indian banks have to plan for the Amrit Kaal. And for that, they have to become digitally savvy, especially the public sector ones

MSMEs contribute 30% to India's GDP, to grow further: Narayan Rane

India's youth would be the flag bearer of the growth and hence need to be supported by better work opportunities, said Narayan Rane