Nuclia Waste

Main Menu

  • Home
  • Gross Margin
  • Forex Rates
  • Liquidity ratios
  • Waiver
  • Capital

Nuclia Waste

Nuclia Waste

  • Home
  • Gross Margin
  • Forex Rates
  • Liquidity ratios
  • Waiver
  • Capital
Liquidity ratios
Home›Liquidity ratios›Inflation, high commodity prices among geopolitical crisis headwinds; can stay 1 year: CEA Nageswaran

Inflation, high commodity prices among geopolitical crisis headwinds; can stay 1 year: CEA Nageswaran

By Ricky Bagby
June 17, 2022
6
0

Global threats and headwinds related to geopolitical conditions are the short-term challenges for the Indian economy and could persist for 6-12 months, Chief Economic Advisor V Anantha Nageswaran said today in his keynote speech at the summit. FE Modern BFSI. The global situation is leading to high inflation in most countries; high world prices for commodities heavily dependent on imports (crude oil, edible oil, fertilizers, metals, etc.); tightening of monetary policies in most countries; risk of financial and macroeconomic instability (global spillovers and local risks); likely stock market correction; supply chain bottleneck (delays and shortage of key inputs); potential global recession with an impact on India’s export growth; and the transition to a green economy, he said.

India has been hit by geopolitical conflict just as it emerges from a two-year Covid pandemic. Nageswaran added that despite IMF and World Bank growth reviews, India is still the fastest growing major economy. He said India was becoming inflation intolerant and it was important to stabilize inflation expectations going forward.

Regarding the state of the banking sector, Nageswaran noted that the balance sheets of the banking sector are in good condition with well capitalized banks and lower bad debt ratios. The economic recovery will boost demand for credit and banks will be able to support the country’s economic growth.

Nageswaran also said that banks have a good amount of liquidity in the system, and with the economy recovering, demand for credit rising, the chances of the private investment cycle picking up again, improving capacity utilization. All this will contribute to improving the profitability of the banking sector. Most global rating agencies (such as Fitch, S&P) envisage further improvement of the banking system in the future. “We have to accept that sustained growth rates of 7% or more must be supported by proper identification of economic fundamentals and risks,” he said.

Related posts:

  1. SPAQ Motion – Now or By no means: Denbury Inc. (DEN) and Spartan Acquisition Corp. II (SPRQ) | Zoom Fintech
  2. UAL motion: a rebound might come for United, however it’s nonetheless too dangerous
  3. MarineMax, Quanex Constructing Product Corp, LouisianaPacific Corp, STMicroelectronics and Franklin Electrical Co
  4. India Rankings and Rankings maintains secure outlook for NBFCs for fiscal 22
Previous Article

S&P 500 plunges into freefall, hits new ...

Next Article

General Anesthesia Drugs Market Research Report with ...

Recent Posts

  • Dave Ramsey says debt consolidation solves nothing. Is he right ?
  • RBC BEARINGS INC – 10-K/Y OF OPERATIONS
  • Weakening USD Forex Market Regains Ground
  • (( 2022 )) Wyndham Championship: Live Now, Golf Line Today at TANTARA in San Francisco – August 4, 2022
  • Gold Dollar Holds Steady Ahead of ISM Services PMI as Yields Rise

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • March 2021
  • February 2021

Categories

  • Capital
  • Forex Rates
  • Gross Margin
  • Liquidity ratios
  • Waiver
  • TERMS AND CONDITIONS
  • PRIVACY AND POLICY