India has safeguards in place to mitigate risks from capital flows: IMF
https://www.thehindu.com/business/Economy/india-has-safeguards-in-place-to-mitigate-risks-from-capital-flows-imf/article65276887.ece
https://www.thehindu.com/business/Economy/india-has-safeguards-in-place-to-mitigate-risks-from-capital-flows-imf/article65276887.ece
Thehindu
India has safeguards in place to mitigate risks from capital flows: IMF
“There are quite a few safeguards that the Indian economy has in terms of capital flows”
RBI focussed on growth, seen lagging on inflation fight
https://www.livemint.com/news/india/rbi-focussed-on-growth-seen-lagging-on-inflation-fight-11648777791178.html
https://www.livemint.com/news/india/rbi-focussed-on-growth-seen-lagging-on-inflation-fight-11648777791178.html
mint
RBI focussed on growth, seen lagging on inflation fight
Reserve Bank of India is concerned that Russia's invasion of Ukraine is damaging the global economy
Why India-Australian interim FTA is more about strategy than trade ?
https://www.hindustantimes.com/india-news/why-india-australian-interim-fta-is-more-about-strategy-than-trade-101648909638576.html
https://www.hindustantimes.com/india-news/why-india-australian-interim-fta-is-more-about-strategy-than-trade-101648909638576.html
Hindustan Times
Why India-Australian interim FTA is more about strategy than trade ?
The first major factor is hidden behind the deal is India’s prowess to reject world’s largest multilateral trading block- the Regional Comprehensive Economic Partnership (RCEP) - at the eleventh hour and after couple of years forge a separate tie up with…
"Watershed Moment", Says PM Modi As India, Australia Sign Mega Trade Pact
https://www.ndtv.com/india-news/watershed-moment-says-pm-narendra-modi-as-india-australia-sign-mega-trade-pact-2858394
https://www.ndtv.com/india-news/watershed-moment-says-pm-narendra-modi-as-india-australia-sign-mega-trade-pact-2858394
NDTV.com
"Watershed Moment", Says PM Modi As India, Australia Sign Mega Trade Pact
The Economic cooperation and trade agreement signed between India and Australia will enable the two countries to fully leverage the existing opportunities, besides facilitating the exchange of students, professionals and tourists, PM Modi said today.
India set to miss Modi's ambitious 2022 renewables goal
https://m.economictimes.com/industry/renewables/india-set-to-miss-modis-ambitious-2022-renewables-goal/articleshow/90603387.cms
https://m.economictimes.com/industry/renewables/india-set-to-miss-modis-ambitious-2022-renewables-goal/articleshow/90603387.cms
The Economic Times
India set to miss Modi’s ambitious 2022 renewables goal
The potentially disappointing numbers offer insight into structural problems facing India on its journey to decarbonization. Domestic power suppliers, which control nearly 90% of electricity transactions, are struggling to stem losses and shrink a pile of…
GDP growth in FY23 estimated at 7.4%: FICCI
https://www.thehindu.com/business/Economy/gdp-growth-in-fy23-estimated-at-74-ficci/article65287193.ece
https://www.thehindu.com/business/Economy/gdp-growth-in-fy23-estimated-at-74-ficci/article65287193.ece
Thehindu
GDP growth in FY23 estimated at 7.4%: FICCI
While the threat from the COVID-19 pandemic is still looming, the continuation of Russia-Ukraine conflict is posing a significant challenge to global recovery
Renewable energy has a tariff problem. Here's how to fix it
https://indianexpress.com/article/opinion/columns/renewable-energy-has-a-tariff-problem-heres-how-to-fix-it-7851296/
https://indianexpress.com/article/opinion/columns/renewable-energy-has-a-tariff-problem-heres-how-to-fix-it-7851296/
The Indian Express
Renewable energy has a tariff problem. Here’s how to fix it
Shifting to a two-part tariff for solar and wind will incentivise private investments
The impact of Ukraine war on Indian growth
https://www.livemint.com/economy/how-the-ukraine-war-will-impact-india-s-growth-11649004993422.html
https://www.livemint.com/economy/how-the-ukraine-war-will-impact-india-s-growth-11649004993422.html
mint
The impact of Ukraine war on Indian growth
The Russia-Ukraine war, which started about one-and-a-half month ago, is impacting the stability of the global order. Mint analyses the effect the conflict could have on the Indian economy’s nascent recovery from the pandemic.
After India And Australia Ink FTA, Top US Senator Wants Biden Administration To Enter Into A Trade Deal With New Delhi
https://swarajyamag.com/world/after-india-and-australia-ink-fta-top-us-senator-wants-biden-administration-to-enter-into-a-trade-deal-with-new-delhi
https://swarajyamag.com/world/after-india-and-australia-ink-fta-top-us-senator-wants-biden-administration-to-enter-into-a-trade-deal-with-new-delhi
Swarajyamag
After India And Australia Ink FTA, Top US Senator Wants Biden Administration To Enter Into A Trade Deal With New Delhi
Quixplained: How does India acquire forex?
https://indianexpress.com/article/explained/quixplained-india-foreign-exchange-balance-of-payments-current-account-deficit-explained-7855212/
https://indianexpress.com/article/explained/quixplained-india-foreign-exchange-balance-of-payments-current-account-deficit-explained-7855212/
The Indian Express
Quixplained: How does India acquire forex?
How does India acquire foreign exchange? What is the Current Account Deficit? Instead of understanding each of these terms separately, it would be better to understand all of them at once, and more importantly, understand the way they are related to each…
RBI releases guidelines on digital banking units
https://www.moneycontrol.com/news/business/rbi-releases-guidelines-on-digital-banking-units-8330241.html
https://www.moneycontrol.com/news/business/rbi-releases-guidelines-on-digital-banking-units-8330241.html
Moneycontrol
RBI releases guidelines on digital banking units
As per the guidelines, scheduled commercial banks with past digital banking experience are permitted to open DBUs in Tier 1 to Tier 6 centres without having the need to take permission from Reserve Bank of India in each case.
Indian economy in good shape on high GDP growth, foreign exchange reserve: Bimal Jalan
https://m.economictimes.com/news/economy/indicators/indian-economy-in-good-shape-on-high-gdp-growth-foreign-exchange-reserve-bimal-jalan/articleshow/90709838.cms
https://m.economictimes.com/news/economy/indicators/indian-economy-in-good-shape-on-high-gdp-growth-foreign-exchange-reserve-bimal-jalan/articleshow/90709838.cms
The Economic Times
Indian economy in good shape on high GDP growth, foreign exchange reserve: Bimal Jalan
"India's current macroeconomic situation is quite positive in the sense that the rate of growth is high. India's foreign exchange reserve is also very high," the former RBI Governor told PTI in an interview.
India faces challenge of high inflation, low growth: FinMin
https://www.livemint.com/economy/high-global-oil-prices-could-dampen-over-8-gdp-growth-prospects-govt-report-11649338517032.html
https://www.livemint.com/economy/high-global-oil-prices-could-dampen-over-8-gdp-growth-prospects-govt-report-11649338517032.html
mint
India faces challenge of high inflation, low growth: FinMin
Ministry’s report said the magnitude of the impact would depend on how long high prices persist
View: Growing formalisation of Indian economy is assisting the process of complexification
https://m.economictimes.com/opinion/et-commentary/view-growing-formalisation-of-indian-economy-is-assisting-the-process-of-complexification/articleshow/90734740.cms
https://m.economictimes.com/opinion/et-commentary/view-growing-formalisation-of-indian-economy-is-assisting-the-process-of-complexification/articleshow/90734740.cms
The Economic Times
View: Growing formalisation of Indian economy is assisting the process of complexification
The way to understand complexity here is the manufacture and export of goods of higher levels of technicality - of greater value, more processed, more engineered. How does the Indian economy fare when viewed through this parameter?
There is no platform for rupee-rouble trade, clarifies RBI
https://www.livemint.com/news/india/there-is-no-platform-for-rupee-rouble-trade-clarifies-rbi-11649507230903.html
https://www.livemint.com/news/india/there-is-no-platform-for-rupee-rouble-trade-clarifies-rbi-11649507230903.html
mint
There is no platform for rupee-rouble trade, clarifies RBI
Any payment platforms involving rupee and rouble payments for imports and exports would help bypass the economic sanctions that the western countries imposed on Russia.
RBI: Households expect inflation to cross 10%; consumer confidence moves up
https://indianexpress.com/article/business/economy/rbi-households-expect-inflation-to-cross-10-pc-7861940/
https://indianexpress.com/article/business/economy/rbi-households-expect-inflation-to-cross-10-pc-7861940/
The Indian Express
RBI: Households expect inflation to cross 10%; consumer confidence moves up
'Median expectations for both three months and one year ahead rose by 10 basis points each to 10.7% and 10.8%, respectively, as compared to January 2022 round. It was based on responses from 6,033 urban households'
Agri reforms important; repeal of 3 farm laws a setback for doubling farmers' income: Niti member Ramesh Chand
https://indianexpress.com/article/india/agriculture-reforms-farm-laws-niti-aayog-ramesh-chand-7862486/
https://indianexpress.com/article/india/agriculture-reforms-farm-laws-niti-aayog-ramesh-chand-7862486/
The Indian Express
Agri reforms important; repeal of 3 farm laws a setback for doubling farmers’ income: Niti member Ramesh Chand
Niti Aayog member Ramesh Chand also suggested starting fresh consultations with the states for resuming the agriculture reform process, adding some people have already approached Niti Aayog with a call for effecting the reforms.
On Table: Uniform hours for all markets
https://m.economictimes.com/markets/stocks/news/on-table-uniform-hours-for-all-markets/articleshow/90768880.cms
https://m.economictimes.com/markets/stocks/news/on-table-uniform-hours-for-all-markets/articleshow/90768880.cms
The Economic Times
On Table: Uniform hours for all markets
The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi) are exploring the possibility of synchronising trading time for all markets - stocks, bonds, currency and commodities, two people with knowledge of the matter said.
Diverse opportunities make India FDI magnet, says CPPIB's John Graham
https://m.economictimes.com/news/economy/finance/diverse-opportunities-make-india-fdi-magnet-says-cppibs-john-graham/articleshow/90810108.cms
https://m.economictimes.com/news/economy/finance/diverse-opportunities-make-india-fdi-magnet-says-cppibs-john-graham/articleshow/90810108.cms
The Economic Times
Diverse opportunities make India FDI magnet, says CPPIB's John Graham
CPPIB manages more than $500 billion (₹33 lakh crore) of assets worldwide, but only 3.06% of the corpus has been deployed in India so far.
Chief economic adviser flags US rate hikes, oil prices as headwinds for Indian economy
https://theprint.in/economy/chief-economic-adviser-flags-us-rate-hikes-oil-prices-as-headwinds-for-indian-economy/913489/
https://theprint.in/economy/chief-economic-adviser-flags-us-rate-hikes-oil-prices-as-headwinds-for-indian-economy/913489/
ThePrint
Chief economic adviser flags US rate hikes, oil prices as headwinds for Indian economy
V. Anantha Nageswaran says he is surprised by Fed's hawkishness in hiking rates. With US inflation hitting 4-decade high in February, Fed raised rates in March and plans more hikes.