Page 176 - Indian Economy

Oil shock: What the RBI can do

The absolute oil price rises at a very high rate and the absolute prices of other goods and services rise somewhat at their usual rates

RBI joins global central banks, more hikes to follow

The Indian central bank has now gone back to the familiar script, in line with the global central banks

India's economy to grow at 6.9% in FY23: OECD global macroeconomic report

The institution said that headline inflation is projected to ease gradually, though remaining above the central bank's upper tolerance limit of 6 percent throughout 2022 and 2023.

Authorities taking steps to moderate inflation, push growth: DEA Secy

Monetary and fiscal authorities are taking steps to moderate inflation and push growth, Department of Economic Affairs Secretary Ajay Seth said

Enabling policies, proactive steps helped deal with pandemic: FM Sitharaman

She said over the past two years,retail investors have found online means to access the stock market and Sebi has a role to play in investor education

RBI raises repo rate by 50 bps to tame prices; pegs FY23 GDP growth at 7.2%

The repo rate before the pandemic came was 5.15%

RBI likely to raise interest rate by 25 bps-50 bps today: Experts

RBI Governor Shaktikanta Das has already indicated that there may be another hike in the repo rate though he refrained from quantifying it

The importance of being tax transparent

It is time for businesses to take stock and gear up by creating capacity and information system to anticipate new taxes and regulations around ESG and ability to factor this in their business planning

Will a rate hike by RBI help tame inflation?

The US Fed nudged up its interest rates to tame inflation that leapt to 8.5%. Worldwide, central banks resort to rate hikes to reduce inflation. But does it always work? This report explains more

BS Number Wise: India's savings don't help govt build a social safety net

India needs the other kind of saving now

World Bank cuts India's economic growth forecast to 7.5% for FY23

This is the second time that the World Bank has revised its GDP growth forecast for India in the current fiscal

Leased office space may rise 14% across 8 cities in CY22 : Cushman report

The demand for office space may rise 14 per cent this year to 60 million square feet across eight cities, mainly driven by strong rebound in Indian economy and aggressive hiring plans in IT/ITeS sector as well as startups, according to real estate consultant Cushman & Wakefield. As per the data, the gross leasing of office space across eight major cities increased to 52.57 million square feet in 2021 from 49.42 million square feet in the preceding year. The eight cities are Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Pune, Hyderabad and Ahmedabad. "India's journey towards a sizable USD 5 trillion economy holds within itself a plethora of opportunities for growth of commercial office market," said Badal Yagnik, MD, Tenant Representation, India, Cushman & Wakefield. He pegged annual leasing activity over the next two years at close to 60 million square feet each. "Key triggers driving this growth are a fast-growing economy, significant expansion foreseen in the ...

RBI's monetary policy to focus on macroeconomic stability

Since the last policy announcement, inflationary risks have increased significantly

Recovery tracker: Mobility on the rise, vehicle registrations up 8.7%

Railways showed a moderation in freight growth numbers

Employment gains

Employment increased from 402.9 million in April to 404 million in May

Liquidity withdrawal expected as RBI set to hikes rates on Wednesday

RBI Governor Shaktikanta Das said late last month the bank's primary focus was to bring inflation down closer to target but it could not disregard concerns around economic growth

India's economic slowdown pronounced, BJP has no answers: Rahul Gandhi

Rahul Gandhi lashed out at the BJP government over the state of the economy, saying the per capita income of Indians is dropping but the government is suffering from "policy bankruptcy"

Most economists see 50-bp repo rate hike: Business Standard policy poll

FY23 inflation projection may go above 6%; liquidity steps anticipated

India's market cap-to-GDP at 100% versus long-term average of 81%

At 3.3x, the 12-month trailing P/B stands at 13 per cent above its historical average of 2.9x

After the rate hike

Policy will depend on RBI's inflation projection