Tuesday, Dec 26, 2023
Anand Rathi Group news, labour reforms, Anand Rathi, Rathi on labour reforms, Anand Rathi Group, Indian economy, Indian economy growth, Indian young population, investment skill sets, GST, Jan-Dhan Yojana, tax digitisation, indian express news

‘India has potential to grow at 10%… but land, labour reforms are important’: Anand RathiPremium Story

December 26, 2023 12:30 IST

“Our advantage is that because we are developing later, we are also going ahead fast, technology-wise,” Rathi said.

India service sector, services sector challenge, Regulatory mismatch, India-UK FTA, India UK bilateral relations, Free Trade Agreement, India UK businees ties, economy news, indian express news

Regulatory mismatch in services sector challenge for India-UK FTA: Official

December 25, 2023 08:21 IST

On the issue of movement of professionals, the official said that immigration debate and the ongoing FTA discussions in services are completely different things.

jayanth varma interview rbi monetary policy committee

Jayanth Varma: ‘Approaching a point where a cut is must to check high real interest rate’Premium Story

December 25, 2023 07:17 IST

The RBI revised upwards real GDP growth forecast for FY24 to 7% from 6.5% earlier.

sunjay kapur

We are well geared up for the transition to electric vehicles: Sunjay KapurPremium Story

December 24, 2023 21:43 IST

In an interview with Indian Express, Kapur spoke about the importance of research and development (R&D), the scope for automating industrial processes, and the China-plus-one strategy.

Reserve Bank of India, RBI, monetary policy committee, monetary policy review, Indian express business, business news, business articles, business news stories

Amid volatile price outlook, MPC set to remain on ‘high alert’ on inflation

December 23, 2023 21:54 IST

The Monetary Policy Committee members, while keeping the repo rate unchanged at 6.50 per cent, said the fight against inflation is far from over amid concerns over repeated supply shocks.

IMF, International Monetary Fund, IMF, GDP growth, Tax to GDP ratio, Indian express business, business news, business articles, business news stories

India says IMF debt warning a worst case scenario

December 23, 2023 21:54 IST

The IMF, in a so-called article IV review, said India's general government debt, which includes federal and state government debt, could be 100% of GDP under adverse circumstances by fiscal 2028.

cea essay

Should prioritise income growth over redistribution: Essay published by CEA office

December 23, 2023 21:54 IST

Noting that while it is a popular idea that redistribution is the solution to raising living standards at a large scale, the essay said there were two problems with the approach.

‘Objective of aligning inflation with 4% target far from assured’

RBI Bulletin: ‘Objective of aligning inflation with 4% target far from assured’

December 21, 2023 07:46 IST

While consumer price index (CPI) -based inflation for FY24 is expected to be at 5.4 per cent, for the first three quarters of 2024-25 it is projected at 4.6 per cent, according to the ‘State of the Economy’ article published in the RBI’s December bulletin.

National Pension System, National Pension Schemes, fiscal burden, Department of Expenditure, Finance Ministry, normal net borrowing, what is cumulative defined benefit scheme, indian express news

Govt allows extra borrowing ceiling of over Rs 60,000 crore to states for NPS

December 20, 2023 04:52 IST

. States are eligible to borrow Rs 1.43 lakh crore on the recommendation of the power ministry in FY24.

G20 trade policy, WTO on G20 trade policy, World Trade Organisation, Indias goods exports, global goods trade, G20 economies, global economic output, Economic slowdown in China, china property sector crisis, indian express news

G20 trade policy turning restrictive, says WTO

December 20, 2023 04:52 IST

This comes as India’s goods exports have been under pressure for the better part of the year due to weak demand from the western countries. Demand slowdown in China, battling a major property sector crisis, has also contributed to the slowdown.


Exchange rate flexibility is a key shock absorber for India: IMFPremium Story

December 20, 2023 13:56 IST

The IMF has reclassified India's "de facto" exchange rate regime to "stabilized arrangement" from "floating" for December 2022 to October 2023 following an article IV review of the country's policies. The rupee has moved between 80.8 and 83.4 range during the period.

Indian economic growth imf report

IMF sees India’s economy grow at 6.3% in current fiscal year

December 19, 2023 09:58 IST

The country's digital public infrastructure and a strong government infrastructure program will continue to sustain growth, the IMF said.

green energy

On PSU capex push: Oil, highways, rail set the pace; steel, green power trailPremium Story

December 19, 2023 19:57 IST

Large PSUs achieved 66.6% of FY24 capex target till NOVEMBER

foreign direct investment, DPIIT Secretary on FDI, Decline in FDI, India’s long term growth story, monetary tightening, DPIIT Secretary Rajesh Kumar Singh, WAIPA World Investment Conference, indian economy, Indian express news

Decline in FDI temporary, India’s long term growth story strong: DPIIT Secretary

December 18, 2023 06:10 IST

Tweaking of PLI tenure on the table; Incentives for white goods PLI will start flowing in the last quarter of FY24: Secretary

Central Board of Indirect Taxes, cbic, GST secondment notices, Supreme Court, Indian express news, current affairs

As MNCs object to GST secondment notices, CBIC tells officers: Don’t apply SC ruling mechanically

December 15, 2023 02:38 IST

Secondment refers to the deputation of employees or expats to another part of the organisation within or outside the country.

inflation, business news, indian express

Wholesale inflation back in positive zone after seven months, at 0.26% in November

December 14, 2023 13:00 IST

The Reserve Bank in its bi-monthly monetary policy last week, held interest rates steady and flagged risks of rising food inflation in November and December.

BJP, 2024 Lok Sabha elections, Fitch Ratings, Rating agencies on BJP win, policy continuity, general elections 2024,Narendra Modi, international rating agencies, indian express news

Policy continuity as BJP likely to retain power in 2024 Lok Sabha elections: Fitch Ratings

December 13, 2023 12:24 IST

According to Madhavi Arora, Lead- Economist, Emkay Global Financial Services, the BJP returning to power in 2024 is seen to be positive for policy continuity and long-term growth.

retail inflation november

Food prices drive November inflation to 3-month high; October IIP at 16-month peak

December 13, 2023 11:10 IST

Food prices are seen to remain uncertain going ahead, as was also pointed out by the RBI in its latest monetary policy review announced last week.

retail inflation november

Retail inflation rises to 3-month high of 5.55% in November

December 13, 2023 07:38 IST

Retail inflation was 5.88 per cent in November last year.

lpg price down, lpg cylinder price down, indian express

LPG offtake under Ujjwala scheme up; cooking gas prices in India affordable than neighbourhood: Puri

December 11, 2023 19:36 IST

The PMUY was launched in 2016 to provide poor households access to liquefied petroleum gas (LPG) as a cooking fuel and discourage the use of traditional kitchen fuels like firewood and cow dung cakes, which are more polluting and pose health hazards. Over the years, the PMUY has emerged as a key welfare scheme of the Narendra Modi government.

Ministry of New and Renewable Energy, MNRE plans long-term exemption, exemption on duties and taxes, green hydrogen projects, solar PV modules, decarbonisation goals, green hydrogen developers, wind turbine models, indian express news

Govt plans long-term exemption for green hydrogen projects from its manufacturers shortlist for solar panels

December 11, 2023 07:28 IST

Following the Galwan Valley skirmishes in 2020, the Indian government issued orders to clamp down on participation of Chinese vendors in public procurement. Recently, the Indian procurement portal GeM announced the removal of hundreds of Chinese vendors over the past three years.

Ricardo Hausmann interview, service sector, service sector news, India on growth engines, indian express news

Country of 1.4 billion people can’t rely on service sector alone, need all growth engines to fire for jobs, says Harvard’s Ricardo Hausmann

December 13, 2023 08:37 IST

Hausmann warned that India’s petroleum exports may not be sustainable. India’s refined petroleum exports have been on the rise and has helped India register net export growth in FY23 even as non-oil exports remained stagnant.

current situation index (CSI),

Consumers hopeful about income, employment but inflation a worry: RBI surveyPremium Story

December 10, 2023 10:44 IST

“Respondents remained fairly optimistic on the one year ahead prospects for general economic situation, employment, income and spending,” the Consumer Confidence Survey (CCS), released by the RBI, showed.

Shaktikanta Das, current account deficit, Forex reserves, monetary policy committee, Indian express business, business news, business articles, business news stories

Forex to OMOs, what RBI Governor said after MPC meet

December 8, 2023 23:34 IST

He said the current account deficit (CAD) is expected to be modest and comfortably financed. A look at what he said on a range of issues:

Reserve Bank of India, RBI, Economic Affairs Secretary Ajay Seth, GDP growth, GDP growth rate, Indian express business, business news, business articles, business news stories

Concur with RBI’s revised estimate of 7% GDP growth estimate for FY24: DEA Secretary

December 8, 2023 23:30 IST

At the sidelines of an industry event, Seth said the economy still faces headwinds in the form of inflation despite logging high growth during the first two-quarters of this fiscal.