Category: Economy
Global economy: Boom, bust or a bit of both: US, global economies are a confounding mix
Dana Peterson, the chief economist at the Conference Board, sees a clear conclusion in the sharp decline of the U.S. business group’s Leading Economic Index:…
georgieva: Seeing signs of global growth bottoming out, inflation cooling: IMF MD Kristalina Georgieva
International Monetary Fund (IMF) managing director Kristalina Georgieva said the global economy may have turned a corner with signs of “growth bottoming out and inflation…
Rhyme & Reason: India is said to be a bright spot in the global economy for nothing
Time and again, ministers, policymakers, top analysts, rating agencies and even multilateral banks have hailed India as a bright spot in the post-pandemic global economy…
More tightening will be required if fiscal cooperation is absent: Christine Lagarde, President, ECB
The European Central Bank (ECB) will do whatever is needed to return inflation to 2%, its president, Christine Lagarde, told ET in an interview. India…
Finance ministry raises capex scrutiny to push growth, focus on states’ spending
The finance ministry has stepped up the scrutiny of capital expenditure by various departments like never before to ensure they utilise the funds on time…
kristalina georgieva: Focus on capital spending, reforms and tax tweaks helped India become a bright spot: Kristalina Georgieva
India’s focus on macroeconomic balance and reforms, especially on tax harmonisation, has helped it become a bright spot, International Monetary Fund (IMF) managing director Kristalina…
CBIC may consider e-filing of pleas as GSTAT not ready yet
The Central Board of Indirect Taxes and Customs (CBIC) is considering allowing e-filling of petitions from aggrieved taxpayers as the setting up of GST Appellate…
commerce: No ban on onion exports; USD 523 million exported during Apr-Dec 2022: Commerce ministry
There is no ban on exports of onion and India has shipped the commodity worth USD 523.8 million during April-December 2022, the commerce ministry said…
Korean auto giants Hyundai, Kia have cost India billions of dollars in trade deficit, says Piyush Goyal
Union minister Piyush Goyal said Korean auto giants Hyundai and Kia had cost India billions of dollars in trade deficit with Korea and other nations…
service exports: Services exports to cross $300 bn this fiscal; $1 trillion achievable by 2030: SEPC
Services exports are recording a healthy growth rate and going by this trend, the outbound shipments will cross USD 300 billion in 2022-23, and tapping…