Search For "monthly economic review"
Constrained milk, wheat supplies amid volatile crude market raise inflatio
Updated : 2 years, 10 months ago IST
Constrained supplies of milk and wheat, coupled with a volatile international crude oil market with OPEC+ countries deciding to cut crude oil production from May 2023 are factors that may, going forward, influence the inflation trajectory in India, Ministry of Finance's Monthly Economic R
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Indian banking system less prone to SVB-like incidents: Ministry of Financ
Updated : 2 years, 10 months ago IST
The collapse of a few regional banks in the US, which started with Silicon Valley Bank, and the takeover of the crisis-hit Credit Suisse Bank by the Union Bank of Switzerland (UBS) have sent ripples across the global banking industry and posed fears of a contagion effect across economies.
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Inflation, policy tightening to weigh on global economic activity till 202
Updated : 2 years, 10 months ago IST
Elevated inflation and tightening of monetary policy have weakened the growth process and are expected to weigh on economic activity for at least three years since the conflict broke out between Russia and Ukraine in February 2022 (the financial year 2022-25), according to Ministry of Financ
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India among small set of countries able to reduce core debt of corporate s
Updated : 2 years, 11 months ago IST
The report said while comparing the core debt of the corporate sector in both advanced economies (AEs) and emerging market economies (EMEs), it increased in both categories, reaching 175 per cent of GDP in EMEs and 185 per cent of GDP in AEs at the end of 2020
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Transmission of declining wholesale inflation in retail figures expected s
Updated : 2 years, 11 months ago IST
Notably, wholesale inflation in India based on the Wholesale Price Index continued to moderate and was at 3.85 per cent (provisional) in February 2023, against the previous month's 4.73 per cent. Overall wholesale inflation was at 8.39 in October and has been falling since then. Notably, the
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Retail inflationary pressures expected to ease with fresh kharif arrivals:
Updated : 3 years, 3 months ago IST
On inflation, the report by the department of economic affairs said domestic prices of some food items have gone up in the wake of the rise in international prices. India's grain availability was impacted by the untimely heatwaves and deficiency of the southwest monsoon in the current year.
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India's services sector saw recovery on improved demand: Finance Ministry
Updated : 3 years, 8 months ago IST
New Delhi [India], July 15 (ANI): India's services sector has witnessed a broad-based recovery in sales revenues in both nominal and real terms during the January-March 2022 quarter 2022, the Ministry of Finance said in its latest Monthly Economic Review report.
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India's current account deficit expected to deteriorate in FY23: Finance M
Updated : 3 years, 8 months ago IST
New Delhi [India], July 15 (ANI): India's current account deficit, meaning a shortfall between the imports and exports, is expected to deteriorate in 2022-23 if recession concerns do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, the Ministry o
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Upside risks to fiscal deficit emerges following duty cut on fuel: Finance
Updated : 3 years, 8 months ago IST
New Delhi [India], June 20 (ANI): Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing an upside risk to the budgeted level of gross fiscal deficit, the Department of Economic Affairs said in its Monthly Economic Review for May 2022.
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Economic activity remained resilient in 3rd COVID wave: Finance Ministry
Updated : 4 years ago IST
New Delhi [India], February 16 (ANI): Overall economic activity remained resilient amid the third wave, stated Finance Ministry in its Monthly Economic Review (MER) report for January 22 released on Wednesday.
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