More central banks around the world are unleashing a greater amount of policy firepower as they seek to combat unrelenting inflationary pressures. Half percentage-point increases in interest rates are becoming more common, as seen in India and Australia this week. Federal Reserve officials next week are forecast to raise rates by 50 basis points as… Continue reading Why the world economy will pay a ‘hefty price’ for the war in Ukraine
Author: Economic Times of India Online News
Popularising EVs: Soon use Delhi Transport Corporation facilities to charge your vehicle
CESL is developing these public EV charging stations and battery swapping stations at these terminals and depots in collaboration with DTC. NEW DELHI: While the national capital now boasts of three ‘electric bus depots’ that house the 152 electric buses in the Delhi Transport Corporation’s (DTC) fleet with 150 more on the way, depots and… Continue reading Popularising EVs: Soon use Delhi Transport Corporation facilities to charge your vehicle
Fitch downgrade of India’s GDP numbers not surprising; good they improved outlook to stable
Even as we need to lower the debt to GDP ratio, it would be better if we could lower it in real terms. Unfortunately, inflation has become a big bugbear for us. Inflation is raging much too high for us given the fact that we have a large section of the population below poverty line,… Continue reading Fitch downgrade of India’s GDP numbers not surprising; good they improved outlook to stable
Inflation@40-year high! This treasury head highlights 4 reasons why
The entire world is fighting inflation which is running at 40-50 year high in most of the majoreconomies like the US, the UK and the Euro Zone. In India, CPI inflation may not be very high as the government has taken steps by reducing oil prices, regulating the export of wheat and sugar and putting… Continue reading Inflation@40-year high! This treasury head highlights 4 reasons why
Expect higher CAD in the coming quarters
India’s external sector support which India enjoyed in the last two years is set to diminish. Record trade deficit in April-May of $43.7 billion coupled with soaring oil and commodity prices are expected to push India’s current account in deep deficit in the coming quarters. FY’22 current account balance which are expected to be released… Continue reading Expect higher CAD in the coming quarters
How to successfully implement AI-based supply chain solutions
New Product Introduction (NPI) forecasting aims to predict customer demand months, sometimes years, before the product’s launch into the market. The supply shortages, increasing prices, and a tight supply chain ecosystem have forced the supply chain leaders globally to innovate. The tool driving this innovation is Artificial Intelligence (AI). Forward-thinking organizations are using AI to… Continue reading How to successfully implement AI-based supply chain solutions
EV Jagruthi: Karnataka unveils portal to fast-track EV use
In a bid to push the use of electric vehicles in the state, the Karnataka government has tied up with NITI Aayog and the United Kingdom (UK) to launch a web portal ‘EV Jagruthi’. According to the state government, the new portal will help in promoting the use of electric vehicles (EV) and provide citizens… Continue reading EV Jagruthi: Karnataka unveils portal to fast-track EV use
EV sales to hit 8L-9L units this fiscal: SMEV
Despite the fire, there is still a 45-60-day wait list for electric two wheelers and all the big companies have 5,000-10,000 units sitting in order books. Chennai: India’s EV sales are all set to hit 800,000-900,000 units this financial year — a trebling of numbers from 340,000 units in FY21-22. “Other than the fires everything… Continue reading EV sales to hit 8L-9L units this fiscal: SMEV
Evolving workforce management in auto industry
The auto sector which is believed to be one of the core sectors of the Indian economy faced some huge challenges during the pandemic-induced lockdown. In the last two years, there are several factors which have changed the way businesses are conducted in the automotive industry with most of the workforce operating out of their… Continue reading Evolving workforce management in auto industry
Economy on strong footing: Why Fitch rating has revised India’s outlook to stable from negative
Fitch sees the Indian economy grow 7.8% in FY23 compared with the 3.4% median growth across other countries rated ‘BBB’. The rating agency had earlier expected growth of 8.5% but sees the global commodity price shock dampen the growth momentum. NEW DELHI: Rating agency Fitch Ratings has revised India‘s soverign outlook from negative to stable,… Continue reading Economy on strong footing: Why Fitch rating has revised India’s outlook to stable from negative