Economy Archives

In the news — Suman Bery: Academic & team player, newly-appointed Niti Aayog vice chairman has his task cut out

By KG Narendranath Two working papers for the World Bank and the IMF have recently put out divergent estimates of the state of ‘extreme poverty’ in India, on the shared definition of people living on $1.9 or less in purchasing power parity terms. One would have expected the Niti Aayog, the apex public-policy think tank …

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Economy NITI Aayog

April 26, 2022
300
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RBI will have to raise rates, not anti-national to do so: Former RBI governor Raghuram Rajan

Taking a dig at his critics in a social media post, former RBI governor Raghuram Rajan said that bureaucrats and politicians need to realise that raising policy rates does not amount to anti-national activity that benefits foreign investors. As inflation is on the rise, Rajan is of the view that India’s central bank would have …

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Economy Raghuram Rajan RBI Reserve Bank of India

April 26, 2022
283
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Data monitor: Capital expenditure in key infrastructure segments up 16.5% y-o-y

Capital expenditure in key infrastructure segments by the central government until Feb’22 was up 16.5% y-o-y and 28.7% vis-a-vis FY20. This represented 80.7% of the budgeted estimate for the year. The pace of expenditure picked up in roads, railways, urban development schemes and Metro projects while it slowed under the Jal Shakti mission.

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capital expenditure Economy

April 26, 2022
343
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Exports of ceramics and glassware products touch USD 3.5 bn in FY22

Exports of ceramics and glassware products touched a “record” USD 3.5 billion in 2021-22, the commerce ministry said on Sunday.It said the exports rose because of increase in shipments of ceramic tiles and sanitaryware products. India is the world’s second largest manufacturer of tiles. The main items for export under glassware include articles of glass …

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Economy

April 24, 2022
233
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Rules block India’s efforts: WTO to help untie wheat export knot

World Trade Organization (WTO) director general Ngozi Okonjo-Iweala is looking ‘positively’ at resolving the issue that is hampering India’s bid to ship out wheat from state granaries to other countries that are facing a shortage caused by the Russia-Ukraine conflict, finance minister Nirmala Sitharaman has said in Washington. The WTO rules make it difficult for …

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Economy Nirmala Sitharaman

April 24, 2022
215
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Curbing inflation becomes RBI’s immediate concern: Minutes of the April RBI MPC meeting released

Concerns about surging inflation amid the hostilities between Russia and Ukraine formed the predominant thread at the monetary policy committee’s (MPC) April meeting, showed the minutes released on Friday. Members of the RBI’s rate-setting panel did acknowledge the geopolitical risks to growth, but chose to prioritise inflation as the more proximate concern. The MPC turned …

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Economy inflation RBI RBI Monetary Policy Review

April 23, 2022
227
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Rajiv Kumar steps down, Suman Bery named new vice-chairman of Niti Aayog

Noted economist Suman K Bery will take charge as the vice-chairman of the government’s think tank Niti Aayog on May 1 and will remain in the office till further orders, the Appointments Committee of the Cabinet said late Friday. He will replace Rajiv Kumar who has resigned from the post, but will continue in office …

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Economy NITI Aayog

April 22, 2022
226
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Finance Minister Nirmala Sitharaman calls for joint efforts to protect economies from shocks

Global growth momentum has been obstructed by prolonged inflation, supply-chain disruption, volatility in energy markets and investor uncertainty, finance minister Nirmala Sitharaman has said, as she called on the G-20 nations to take the lead in shaping international policy co-ordination to deal with the “macroeconomic consequences”. Participating in the meeting of G20 finance ministers and …

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Economy Nirmala Sitharaman

April 22, 2022
210
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India seeking greater market access for ‘AMITY’, goods in trade pact with UK

India is seeking greater market access for its ‘AMITY’ (Ayush, medicine, IT, textiles and yoga) sectors and a number of goods in the proposed free trade agreement with the UK, sources said. India is also looking at mutual recognition of educational degrees in the two countries, they said. India and the UK in March concluded …

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Boris Johnson Economy FTA India UK FTA

April 21, 2022
225
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Boris Johnson India visit: UK PM to announce raft of commercial pacts

British Prime Minister Boris Johnson will announce a raft of commercial agreements and hail a “new era” in bilateral trade and investment ties during his visit to India, the UK High Commission said on Thursday. It said the UK and Indian businesses will confirm more than 1 billion pounds (1 GBP= Rs 99.63) in new …

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Boris Johnson Economy

April 21, 2022
242
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In the news — Suman Bery: Academic & team player, newly-appointed Niti Aayog vice chairman has his task cut out

RBI will have to raise rates, not anti-national to do so: Former RBI governor Raghuram Rajan

Data monitor: Capital expenditure in key infrastructure segments up 16.5% y-o-y

Exports of ceramics and glassware products touch USD 3.5 bn in FY22

Rules block India’s efforts: WTO to help untie wheat export knot

Curbing inflation becomes RBI’s immediate concern: Minutes of the April RBI MPC meeting released

Rajiv Kumar steps down, Suman Bery named new vice-chairman of Niti Aayog

Finance Minister Nirmala Sitharaman calls for joint efforts to protect economies from shocks

India seeking greater market access for ‘AMITY’, goods in trade pact with UK

Boris Johnson India visit: UK PM to announce raft of commercial pacts

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