Articles for Economic Activity

What is Cash Reserve Ratio? Understanding RBI's liquidity management tool
2 weeks, 3 days ago

What is Cash Reserve Ratio? Understanding RBI's liquidity management tool

India Today  

The Reserve Bank of India announced its bi-monthly monetary policy for FY25 on On December 6, 2024. The Cash Reserve Ratio is the percentage of a bank's public deposits that it must maintain as cash reserves with the RBI. During periods of high inflation, the RBI increases the CRR to limit the funds available for lending, which helps reduce excess …

Economic Liquidity Rates Crr Economic Activity Cash Reserve Ratio Reserve Ratio
India’s economic activity slipped slightly in August, PMI shows
4 months ago

India’s economic activity slipped slightly in August, PMI shows

Hindustan Times  

India’s economic activity slipped slightly in August as new order growth for the manufacturing sector slowed, a flash survey by HSBC Holdings Plc showed. India’s economic activity slipped in August as manufacturing new order growth slowed, HSBC survey showed. The manufacturing purchasing managers’ index dropped to a three-month low of 57.9 from 58.1 in July, while the services purchasing managers’ …

India Manufacturing Month Hsbc Pmi New Order Growth Economic Activity
Australia's economy grew by 0.1 per cent in March quarter, with country 'teetering' on edge of recession
6 months, 2 weeks ago

Australia's economy grew by 0.1 per cent in March quarter, with country 'teetering' on edge of recession

ABC  

Australia's economy grew by 0.1 per cent over the first three months of 2024 and 1.1 per cent over the year, according to the Australian Bureau of Statistics national accounts. "For the fifth consecutive quarter, economic activity declined on a per capita basis and the 1.3 per cent decline over the past year is the largest Australia has experienced in …

Economy Household Growth Housing Construction Market Australia
Brazil’s Rio Grande do Sul faces economic woes after floods, and an unclear path to rebuilding
7 months ago

Brazil’s Rio Grande do Sul faces economic woes after floods, and an unclear path to rebuilding

Associated Press  

RIO DE JANEIRO — Flooding in Brazil’s Rio Grande do Sul state ravaged nearly everything needed for economic activity, from local shops to factories, farms and ranches. A man wades through an area flooded by heavy rains, in Porto Alegre, Rio Grande do Sul state, Brazil, May 3, 2024. Cars sit on a submerged road in an area flooded by …

Climate Brazil Heavy Rain Heavy Rio Grande Flooded
Brazil’s Rio Grande do Sul faces economic woes after floods, and an unclear path to rebuilding
7 months ago

Brazil’s Rio Grande do Sul faces economic woes after floods, and an unclear path to rebuilding

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Flooding in Brazil’s Rio Grande …

Climate Economic Woes Brazil State According Way Billion
If we could take politics out of economic stimulus programs, what would happen?
9 months, 2 weeks ago

If we could take politics out of economic stimulus programs, what would happen?

ABC  

Inflation is high but falling. RBA officials have tweaked that for Australian conditions to say Australia's economy is in a "Sahm recession" when the moving average of the unemployment rate increases by 0.75 percentage points above its recent low point. Commonwealth Bank economist Gareth Aird says the trend unemployment rate is already 0.5 percentage points above its lowest recorded level …

Economy Payments Economic Growth Unemployment Economic Stimulus Rate
Decoding India’s economic realities: Comparing the state of the economy under the NDA and UPA governments
10 months, 1 week ago

Decoding India’s economic realities: Comparing the state of the economy under the NDA and UPA governments

The Hindu  

February 12, 2024 11:06 pm | Updated February 13, 2024 09:54 pm IST With the BJP-led government exuding over-confidence on the state of the economy, the interim Budget presented earlier this month has shifted focus to fiscal consolidation. Even then, the simple truth which is evident from the official data is that on average, real GDP growth was at least …

Finance India Economy Growth Tax Inflation Budget
Is IIP a correct indicator of economic activity?
1 year, 1 month ago

Is IIP a correct indicator of economic activity?

Hindustan Times  

The Index of Industrial Production is the only official monthly indicator which gives us an idea about the level of economic activity in manufacturing in the Indian economy. he Index of Industrial Production is the only official monthly indicator which gives an idea about the level of economic activity in manufacturing in the Indian economy. September, however, also saw consumer …

Economy Consumer Data Indian Demand Items Iip
US Federal Reserve holds interest rates at 22-year high
1 year, 1 month ago

US Federal Reserve holds interest rates at 22-year high

Hindustan Times  

The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high for a second straight meeting, as it moves to slow stubborn inflation without damaging the strong economy. The Fed's decision to keep its benchmark lending rate between 5.25 percent and 5.50 percent gives policymakers time to "assess additional information and its implications for monetary policy," the …

Policy Monetary Policy Interest Rates Fed Rate Monetary Economic Activity
RBI MPC Meet October 2023: Will This Pause Button Control Inflation?
1 year, 2 months ago

RBI MPC Meet October 2023: Will This Pause Button Control Inflation?

News 18  

RBI MPC Meet LIVE Updates: Balance Between Growth & Stability Sonam Srivastava, Founder and Fund Manager, Wright Research, PMS, said, “The unwavering focus on inflation and the emphasis on liquidity moderation signal a cautious yet proactive approach by the RBI, reflecting its intent to strike a balance between growth and stability.” Turning to the stock market, the immediate aftermath of …

India Real Estate Policy Growth Inflation Digital Payments Bank
Wrong to assess economic activity on GDP alone: Finance Ministry
1 year, 3 months ago

Wrong to assess economic activity on GDP alone: Finance Ministry

The Hindu  

The Finance Ministry on September 15 scotched aspersions cast by “certain sections” on the credibility of Indian GDP data, which showed a 7.8% uptick in the first quarter of this year, stressing that Indian GDP data is not seasonally adjusted and is finalised three years later so “it is wrong to look at the underlying economic activity based on GDP …

India Growth Data Indian Ministry Quarter Gdp
Australia's economy grew by 0.2pc in March quarter, signalling marked slowdown in GDP
1 year, 6 months ago

Australia's economy grew by 0.2pc in March quarter, signalling marked slowdown in GDP

ABC  

Australia's economy grew 0.2 per cent in the first three months of 2023, according to the Bureau of Statistics. Key points: The economy is growing at an annual rate of 2.3 per cent, down from 2.7 per cent The household saving ratio has fallen to its lowest level in nearly 15 years Higher interest rates and the rising cost of …

Economy Growth Economic Interest Rates Interest Cent Quarter
What is a recession? Are we experiencing one now?
1 year, 7 months ago

What is a recession? Are we experiencing one now?

ABC  

What is a recession? The documents showed that, late last year, RBA staff were discussing the likelihood of Australia's economy falling into recession this year and next if the bank kept rapidly lifting interest rates. The "Sahm Rule" tells us when the economy's in recession, and why stimulus payments should start flowing immediately, writes Gareth Hutchens. And as the RBA …

Economy Unemployment Economic Technical Rate Rule Rba
How the failure of Silicon Valley Bank might have affected the entire financial system
1 year, 8 months ago

How the failure of Silicon Valley Bank might have affected the entire financial system

Firstpost  

Research suggests that a run-on deposits at Silicon Valley Bank and Signature Bank could have set off a cascading series of bank failures, crippling small businesses and economic activity across wide parts of the country Washington: The federal government’s rescue of two failed banks last month has drawn criticism from some lawmakers and investors, who accuse the Biden administration and …

Failure Financial Banking Bank Economic Interest Rates New York
India’s March fuel demand soars on robust economic activity
1 year, 8 months ago

India’s March fuel demand soars on robust economic activity

Live Mint  

India's fuel consumption jumped to a record high in March, data showed on Monday, fuelled by robust economic activity in the world's third biggest oil consumer. Consumption of fuel, a proxy for oil demand, rose by 5% from a year earlier to 4.83 million barrels per day, the highest recorded in data going back to 1998 from the Indian Oil …

India Oil Fuel Demand Million Economic Activity
China’s economic activity expands for the first time in months as Covid ‘exit wave’ ends
1 year, 10 months ago

China’s economic activity expands for the first time in months as Covid ‘exit wave’ ends

CNN  

Hong Kong CNN — Economic activity in China has expanded for the first time in four months as disruptions caused by the abrupt end of its zero-Covid policy appears to be fading. Last week, the Chinese Center for Disease Control and Prevention said in a report that China’s current wave of Covid outbreak was “nearing an end.” The official PMI …

China Covid Pmi Activity Economic Activity Wave Ends
US consumer spending, inflation cool in November
2 years ago

US consumer spending, inflation cool in November

Al Jazeera  

While economic activity is slowing amid rising interest rates, it’s not enough to discourage US Fed from more rises. Slowing economic activity amid rising borrowing costs was also flagged by other data from the Department of Commerce on Friday showing a modest gain in orders for locally manufactured capital goods last month. The personal consumption expenditures price index rose 0.1 …

Consumer Inflation Capital Price Spending Consumer Spending Month
Why is GST revenue running ahead of overall economy?
2 years, 1 month ago

Why is GST revenue running ahead of overall economy?

Live Mint  

Revenues from the goods and services tax —the countrywide indirect tax since June 2017—have been on a tear. According to the GST Council, which sets GST rates, and comprises Central and state governments: “Better reporting coupled with economic recovery has been having positive impact on GST revenues on a consistent basis." Excluding GST revenues from imports from total GST revenues, …

India Growth States Economic Imports Revenue State
Economic activity still below pre-pandemic level; RBI to slow down on rate cuts till next year: ADB
2 years, 2 months ago

Economic activity still below pre-pandemic level; RBI to slow down on rate cuts till next year: ADB

The Hindu  

With economic activity still to reach pre-pandemic levels, the RBI may slow down the pace of rate hikes until next year to quell soaring inflation while supporting growth, the Asian Development Bank says in its latest report. Even though supply pressures are expected to ease in the current fiscal year, upward pressure on inflation could continue because of demand-side pressures …

India Inflation Economic Rate Next Year Fiscal Adb
Chinese manufacturing weak, adding to economic pressure
2 years, 3 months ago

Chinese manufacturing weak, adding to economic pressure

Associated Press  

BEIJING — Chinese manufacturing contracted in August amid weak export and consumer demand, a survey showed Wednesday, adding to downward pressure on the struggling economy. A monthly index improved to 49.4 from July’s 49 on a 100-point scale but still was below the 50-point mark that shows activity contracting, according to the national statistics agency and an industry group. The …

Chinese
Getting Sri Lanka out of the economic mess
2 years, 5 months ago

Getting Sri Lanka out of the economic mess

The Hindu  

The economic crisis that has gripped Sri Lanka is becoming more acute. Many troubled economies in the past have faced problems that Sri Lanka faces at the moment, such as high inflation, shortage of essential goods, depleting foreign exchange reserves, sovereign debt default, etc. The task before the Sri Lankan central bank is to provide assurance that it will not …

Sri Lanka Supply Economic Prices Essential Goods Lanka Sri
Expert Explains: What are the real causes of inflation?
2 years, 6 months ago

Expert Explains: What are the real causes of inflation?

The Hindu  

Published : May 30, 2022 06:00 IST Suddenly, inflation is back in the global headlines after a long period when it seemed to drop out of the policy discussion in advanced capitalist economies and did not seem to be much of an issue even in many low- and middle-income countries. This was the period described as “The Great Moderation”, roughly …

Policy Inflation Supply Money Economic Prices Interest Rates
Inflation leaves world economy in disarray
2 years, 7 months ago

Inflation leaves world economy in disarray

The Hindu  

W HEN the world’s financial leaders met in mid April in Washington, D.C., for the annual spring meetings of the International Monetary Fund and the World Bank, the mood was one of gloom. In recent years, however, the Great Moderation, or a long period of low inflation, had attuned central banks to adopting a loose monetary policy regime, with large …

Global Economy Growth Markets Ukraine Financial Inflation
Economic Survey 2022 updates | 'Revival of economic activity to pre-pandemic levels'
2 years, 10 months ago

Economic Survey 2022 updates | 'Revival of economic activity to pre-pandemic levels'

The Hindu  

Finance Minister Nirmala Sitharaman on January 31 presented the Economic Survey that details the state of the economy ahead of the Government's Budget for the fiscal year beginning April 1, 2022. Revival of economic activity to pre-pandemic levels "There has been a revival of economic activity to pre-pandemic levels in 2021-22," Mr. Sanyal says. Principal Economic Adviser presents the Economic …

Finance India Economy Growth Pandemic Indian Economic