Government's Measures To Combat Inflation May Hurt Growth
Reuters | Monday May 23, 2022, NEW DELHIIndia's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening
GDP Growth In March Quarter Of 2021-22 May Have Slowed: ICRA
Press Trust of India | Monday May 23, 2022, MumbaiHiccups in recovery of contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth
India's Inflation Could Worsen Due To Prolonged High Temperatures: Moody's
Press Trust of India | Monday May 23, 2022, New DelhiProlonged high temperatures are credit negative for India, as that could exacerbate inflation and hurt growth, Moody's Investors Service said
Retail Inflation For Agricultural, Rural Labourers Rose In April
Edited by Animesh Singh | Saturday May 21, 2022Retail inflation for agricultural and rural labourers rose in April due to increase in food prices
Earning Rs 25,000 Per Month? You Are In India's Top 10%: Report
Edited by Rahul Karunakar | Friday May 20, 2022Highlighting a vast income distribution disparity in the country, the latest State of Inequality in India Report by the Economic Advisory Council to the Prime Minister shows a bleak picture, with gaps that need to be addressed so that the goals of social progress and shared prosperity are realised.
RBI Set For Aggressive Rate Hikes After Clear Hawkish Minutes: Economists
Anup Roy, Bloomberg | Friday May 20, 2022The Reserve Bank of India is expected to aggressively tighten policy in the next meeting after minutes of its off-cycle policy review earlier this month revealed that rate setters pitched for front loading hikes amid a worsening inflation outlook.
Rate Hikes Need To Be Front-Loaded, Say Two MPC Members: RBI Minutes
Reuters | Thursday May 19, 2022The sharp surge in inflation in India will require front-loading of interest rate increases, two members of the central bank's Monetary Policy Committee (MPC) said in minutes of its May 4 meeting released on Wednesday.
RBI May Hike Rates By 75 Basis Points By August: SBI Economists
Press Trust of India | Monday May 16, 2022, MumbaiThe surge in India's inflation is a fallout of the Ukraine war and the RBI may hike rates by 75 basis points by August, said SBI Economists.
Not Wise To Overreact To Shocks, RBI Not "Behind The Curve": MPC Member
Press Trust of India | Sunday May 15, 2022, New DelhiThe RBI is not "behind the curve" in hiking interest rate to tackle rising inflation, Monetary Policy Committee (MPC) member Ashima Goyal said.
Morgan Stanley Cuts India Growth Forecasts On Inflation, Global Slowdown
Reuters | Wednesday May 11, 2022Morgan Stanley has lowered its forecasts for India's economic growth in the next two fiscal years, saying a global slowdown, surging oil prices and weak domestic demand would take a toll on Asia's third-largest economy.
Rupee Weakens To All-Time Low, Trading Beyond 77.40 Per Dollar
Reported by Sakshi Bajaj, Edited by Rahul Karunakar | Monday May 09, 2022The rupee hit all-time lows early on Monday, trading beyond 77.40 per dollar driven by investors' preference toward safety as lockdowns in China, war on the edge of Europe and fear about higher interest rates sent a nervous jolt through markets.
Unemployment Rate Stood At 8.7% During October-December 2021: NSO Survey
Press Trust of India | Saturday May 07, 2022, New DelhiUnemployment rate for persons of 15 years and above in urban areas slipped to 8.7 per cent in October-December 2021 from 10.3 per cent of year ago
RBI’s First Rate Hike In 4 years, What Becomes Costly?
Edited by NDTV Business Desk | Wednesday May 04, 2022The RBI has increased the repo rate upto 4.40 per cent from 4 per cent earlier while the cash reserve ratio (CRR) has been hiked by 50 basis points to 4.5 per cent
Amid Speculations On RBI's Rate Hike, Money Managers Look For Safer Bets
Subhadip Sircar, Nupur Acharya and Divya Patil | Monday May 02, 2022A hawkish pivot by the RBI has money managers scurrying to find safer bets while bracing for potentially the steepest rate hikes in Asia
GST Revenues Surge To All-Time High Of Rs 1.68 Lakh Crore In April
Press Trust of India | Sunday May 01, 2022, New DelhiGoods and service tax (GST) revenues in April touched the highest ever level of about Rs 1.68 lakh crore, up 20 per cent from the year-ago period
