Bloomberg's commodity index is also trending 46 per cent higher
The government is open to coming out with more measures to boost the economy which has been hit by the second wave of the coronavirus pandemic, says Chief Economic Advisor (CEA) K V Subramanian.
Here are the best of Business Standard's opinion pieces for Saturday
The IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors than financial and energy companies
The government has to generate a huge amount of employment without giving an upward push to inflation, while keeping subsistence spending intact
India's record has been good, relative to how other countries have done and compared also to its own previous three decades, but well short of what is required and what was possible, writes T N Ninan
"The inflation concerns are valid but we have to prioritise growth at this stage", deputy governor MK Jain said at a webinar
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Almost two-thirds of India's 1.35 billion population live in the small towns and villages in the countryside, and the rural economy accounts for about a third of its GDP
At a time when India is facing stagflation, its forex reserves have helped avert a currency crisis, but there are unintended consequences of accumulating forex. Manojit Saha explains the risks
Here are the best of Business Standard's opinion pieces for Friday
The economy had its worst contraction on record in FY21 at 7.3 per cent as the 2.5 months of unplanned lockdown announced by the Centre
The 64-nation list was led by Switzerland
The rupee has been under depreciation pressure in the recent past
There are still a number of risks to durable economic recovery
Business Standard brings you the top news of the evening
Second Covid wave shaved off Rs 2 trn from FY22 output, says central bank in 'State of the Economy' report in its June bulletin
CII President T V Narendran also said the chamber expects GDP to grow at 9.5 per cent in 2021-22
The economy is likely to contract 12% in the June quarter, says says Swiss brokerage UBS Securities India
Rising medical expenditure has squeezed incomes and demand. But recovery is on the cards. Global growth and macroeconomic stability will support trade and investment flows.