Page 195 - Indian Economy

Feb exports rise 22% YoY to $33.8 bn; trade deficit widens to $21.19 bn

Remain above $30-bn mark but pace of growth slows for 2nd month in a row

Russia-Ukraine crisis: Rising crude oil prices put growth prospects at risk

The latest Economic Survey for FY22 projected economic growth at 8-8.5 per cent assuming crude oil prices at $70-$75 per barrel

Higher nominal GDP may give Centre a leeway to cut duty on petrol, diesel

Former RBI governor C Rangarajan believes it would be 13 per cent, though his projection came before the war

Stocks slip as oil prices continue to soar; Fed says rate hikes on track

Brent crude oil prices touched an intra-day high of $121.89 per barrel, the highest since April 2012, before paring some gains

Exports rise 22% to $33.8 bn in Feb; trade deficit widens to $21.19 bn

India's exports rose by 22.36 per cent to $33.81 billion in February on account of healthy growth in sectors like engineering, petroleum and chemicals, even as the trade deficit widened to $21.19 bn

Tracking the movements: Retail, recreation visits below pre-Covid levels

Retail and recreation visits were 0.9 per cent below levels seen in the early part of 2020, mobility data from search engine Google shows

Top headlines: Biden to warn Putin; challenges rise for new Sebi chief

From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange. More on that in our top headlines.

India's economy faces headwinds amid Russia-Ukraine crisis, says Emkay

India will see lower than previously forecast economic growth because of disruptions from the latest wave of coronavirus cases

Changing geopolitics

India must focus on creating a genuinely market-oriented economy

Ukraine war may see import bills topping $600 bn this fiscal: Report

The ongoing crisis in Ukraine is set to push the country's import bills beyond the $600 billion this fiscal, which can lead to a spike in inflation and current account deficit, and a falling rupee

GST collection up 18% YoY at over Rs 1.33 trn in Feb: FinMin

This is the first time cess collection has crossed the Rs 10,000 crore-mark, signifying recovery in certain key sectors, especially automobile sales

Russia-Ukraine crisis: Sunflower prices heading north in South India

The price increase in other parts of India has not been that steep so far

Russia-Ukraine crisis: FM Sitharaman worried over impact on exporters

The finance minister also raised concerns over the impact on the farm sector as it also forms a considerable share of exports to Russia and Ukraine

Russia-Ukraine crisis: Rupee cuts losses after RBI intervention

The rupee weakened 0.95 per cent against the dollar in February

Centre's April-January fiscal deficit touches 58.9% of full-year target

Revenue expenditure was Rs 23.68 trillion, or 74.7% of RE compared with 71.6%

India's core sector growth moderates to 3.7% in January: Govt data

Crude oil production contracted 2.4 per cent in January, the pace which is the highest in six months

FY22 GDP estimates: Weak patches start to appear

The 8.9 per cent GDP growth in FY22 (9.2 per cent prelim estimates) partly also captures past revisions

Household consumption up; below pre-Covid level: FY22 GDP estimates

The NSO also released the GDP data for October-December (Q3) of FY22

Economic growth slows to 5.4% in Dec qtr; manufacturing, construction hit

Full-year forecast revised lower to 8.9%

Budget: Continuity & coherence

With some tweaking and good implementation, we can find a safe passage despite global turbulence