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Tuesday, January 25, 2022

economy

ECONOMY NEWS

Income of poorest fifth plunged 53% in 5 yrs; those at top surged

January 24, 2022 10:58 am

🔴 This stark K-shaped recovery emerges in the latest round of ICE360 Survey 2021, conducted by People’s Research on India’s Consumer Economy (PRICE), a Mumbai- based think-tank.

No political price yet

January 23, 2022 1:39 pm

🔴 While the people bear the economic price of the wrong policies and their consequences, the Modi government has not yet been called to bear the political price...

Libor, long the most important number in finance, dies at 52

January 13, 2022 11:28 am

Known as Libor, the interest rate bench mark once underpinned more than $300 trillion in financial contracts but was undone after a yearslong market-rigging scandal came to light in 2008.

Fed's Powell vows to stop inflation from becoming 'entrenched'

January 11, 2022 10:01 pm

In opening testimony to the Senate Banking Committee, Powell said the economy's fast-paced recovery from the coronavirus pandemic was "giving rise to persistent supply and demand imbalances and bottlenecks, and thus to elevated inflation."

Growing divergence in central and state-level fiscal trends

December 28, 2021 10:04 am

🔴 Aditi Nayar writes: State revenues have grown at a slower pace, leading to a widening of the deficit

Count the year-end gifts

December 26, 2021 9:41 am

P Chidambaram writes: A figure that I am certain does not resemble Santa Claus — but no one knows who — has been visiting India throughout the year that is drawing to a close. He was an unwanted visitor. He brought unwanted gifts. Count them

No RBI signal, but lenders kick-off rate hikes in India

December 18, 2021 1:00 am

Even as the Bank of England hiked the interest rates by 15 basis points to 0.25 per cent and the US Federal Reserve decided to accelerate tapering of bond purchases ahead of a rate hike,

Major indicators point to rebound, but rising costs remain a concern

November 01, 2021 1:12 am

The National Monetisation Pipeline, if implemented with gusto, could ensure government resources for investments will remain steady in the medium term.

Growth in Non-food credit at 6.8% during 12 months ended September: Credit offtake rises as home, gold, mid-sized industry loans pick up

October 31, 2021 12:59 am

According to latest data from the Reserve Bank of India (RBI), credit to medium industries registered a robust growth of 49.0 per cent in September 2021 as compared to 17.5 per cent last year.

EAC-PM: 3 new members inducted

October 28, 2021 6:10 am

The Council has been tasked to analyse any issue, economic or otherwise, referred to it by the PM and advising him thereon besides addressing issues of macroeconomic importance, the Cabinet Secretariat said in a notification on Wednesday.

ECONOMY VIDEOS

Congress has no faith in us or any other institution because it has no faith in itself: Narendra Modi

June 22, 2020 6:21 pm

Prime Minister Narendra Modi said the Congress party has no faith in the government, the CJI, the RBI or any international organisation that gives data on India's growth. He said it is because Congress has no faith in itself.

Bank officials under CBI probe has risen 5 times in the last 4 months: News in Numbers

June 22, 2020 6:22 pm

The number of bank officers arrested or facing charges for being involved with bad loans has gone up five times in the last four months. Here’s the #NewsInNumbers. See more: https://bit.ly/2IM1j4c

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