New Delhi: Chief economic advisor V. Anantha Nageswaran on Tuesday urged the private sector to keep investing, hire more, and compensate fairly, stressing that the next 20 years will be…
Category: Economy
Is inflation becoming too hot to handle? Explained in charts
India’s headline inflation jumped to 4.8% in August, food inflation to 6.0%, core inflation to 4.3%, and core excluding gold and silver prices to 3.1%. The sharp rise in input…
Why can no one win a trade war? WTO warns tariffs and trade blocs could hurt everyone
Trade wars may promise an advantage for individual countries, but when governments respond to tariffs with more tariffs, the economic damage can spread across the entire world. A new warns…
India’s gold appetite cools? Govt data shows imports plunge 57.7% as exports surge 26.12 %
India’s gold imports plunged 57.7 per cent year-on-year to $2.3 billion in August, even as the country’s overall imports rose 14.1 per cent to $70.67 billion, government data showed on…
Export surge, lower gold imports narrow August trade deficit
India’s merchandise trade deficit narrowed to $26.86 billion in August from $31.98 billion in July, helped by robust export growth and a sharp decline in gold imports. Merchandise exports surged…
Why reducing govt debt matters for India even when it’s lower than advanced economies
Long-term bond yields have risen across the US, Europe and Japan as major advanced economies run high debt-to-GDP levels, signalling lower market tolerance for fiscal imprudence and rising inflation risks.…
Sugar to eggs: A domino effect cooking in El Niño heat
New Delhi: The phrase ‘confess the corn’ is an American adage of 19th century vintage. It means admitting a mistake or, at the least, acknowledging an error. The exact origin…
Wholesale price inflation nears double digits in August; next month may be worse
Wholesale price inflation inched up to 9.92% in August from , as the West Asia flare-up boosted energy prices and food items turned dearer. With a durable resolution to the…
Retail inflation breaches RBl’s midpoint target for third successive month
India’s retail inflation rose to a 20-month high of 4.82% in August, driven by higher food and fuel prices, taking it above the Reserve Bank of India’s (RBI’s) 4% target…