National Release

The AIBC Australia India International Business Summit 23-25 August 2022 celebrated “dosti” (friendship) between the two nations.

“Dosti” (friendship) –Senator the Hon Penny Wong, Minister for Foreign Affairs, has defined a new success mantra for the Australia-India relationship at the recent AIBC Australia India International Business Summit 2022 “Our relationship is built on many things, but fundamentally, it is built on shared interests. And it is why we think of our relationship …

The AIBC Australia India International Business Summit 23-25 August 2022 celebrated “dosti” (friendship) between the two nations. Read More »

AIBC hosts Indian Minster of Parliamentary Affairs, Coal and Mines of India in Sydney

The Australia India Business Council Ltd was delighted to host the Indian Minister of Parliamentary Affairs, Coal and Mines of India, Shri Prahalad Joshi on his visit to Sydney, NSW, Australia. We also thank the Minister’s acknowledgement of the Australia India Business Council. The AIBC is keen to facilitate people-to-people connections for business-to-business outcomes.  Link: https://twitter.com/JoshiPralhad/status/1544923594245144576?s=20&t=gJ7ENmJAYhH4rzRs4ezdiw Malik Irfan …

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Ecowrap-Income Inequality In India Has Been Declining Since Fy17, The Big Bang Year Of Formalisation, Pandemic Has Not Altered This Trend

We are glad to enclose a copy of SBI Ecowrap report titled “INCOME INEQUALITY IN INDIA HAS BEEN DECLINING SINCE FY17, THE BIG BANG YEAR OF FORMALISATION, PANDEMIC HAS NOT ALTERED THIS TREND“ for your perusal. Poverty and inequality are ever debatable issues and have received much attention lately amidst the COVID-19 pandemic. Though our official poverty ratios are …

Ecowrap-Income Inequality In India Has Been Declining Since Fy17, The Big Bang Year Of Formalisation, Pandemic Has Not Altered This Trend Read More »

Peak Repo Rate Seen At 5.5-5.75%, Above Pre-pandemic Level By August: Msp Hike For Kharif Crops (Monsonn/ Autumn Season) To Increase Inflation By 15-20 Bps

As widely expected, RBI’s Monetary Policy Committee unanimously decided to increase policy Repo rate by 50 bps to 4.90% while also remaining focused on ‘withdrawal of accommodation’ to ensure that inflation remains within the target going forward, all the while supporting growth. RBI has retained its real GDP growth forecast for FY23 at 7.2% with …

Peak Repo Rate Seen At 5.5-5.75%, Above Pre-pandemic Level By August: Msp Hike For Kharif Crops (Monsonn/ Autumn Season) To Increase Inflation By 15-20 Bps Read More »

At Least 59% Of The Increase In Inflation Is Because Of Geo Political Conflict: Futile To Blame Central Banks

Inflation continues to be a bugbear and it looks unlikely that it will correct anytime soon. The latest inflation numbers however reveal that while in the rural areas, the impact has been disproportionately higher for food prices, in urban areas it is disproportionately higher as far as fuel price impact and pass through is concerned since …

At Least 59% Of The Increase In Inflation Is Because Of Geo Political Conflict: Futile To Blame Central Banks Read More »

EXPECT REPO HIKES IN JUNE AND AUGUST TOO: 75 BPS RATE HIKE IN FY23 LOOKS IMMINENT

We are glad to enclose a copy of SBI Ecowrap report titled *”EXPECT REPOHIKES IN JUNE AND AUGUST TOO: 75 BPS RATE HIKE IN FY23 LOOKS IMMINENT**”*for your perusal. The off-cycle meet of MPC announcing hike in benchmark Repo rate by 40 bps and another 50 bps hike in CRR kept the broader markets on …

EXPECT REPO HIKES IN JUNE AND AUGUST TOO: 75 BPS RATE HIKE IN FY23 LOOKS IMMINENT Read More »