Oil imports account for 3.1% of gross domestic product, and according to Nomura, every 10% rise in oil prices worsens India's current account by 0.4 percentage point
As cities grow, the most important component of planning, its "spine", should be transportation, to connect the periphery and enable movement within the city
Indian IT firms are not uniform entities. Specialised companies, such as Persistent or KPIT, have constructed moats based on deep domain knowledge and long-standing customer relationships
From BharatiyaGPT to tribal language apps, AI is reshaping how India preserves, decodes and revitalises its ancient knowledge systems
Several elements have been introduced in the new series. For instance, the functions of multi-activity enterprises have been segregated, which will provide a clearer picture
The beginning of what could be a multi-decade journey has been made. It will be a slow, consistent process, not a hasty one that may cause disruptions
While survival is no longer at stake, confirmation bias continues to shape our behaviour - especially as investors
Here are the best of Business Standard's opinion pieces for today
Sankar brought Kolkata (then Calcutta) to life from the corridors of the Calcutta High Court to the bustling streets of Chowringhee
The political discourse seems to be poised on the precipice of a Himachali-non-Himachali tirade brought on by quarrelling policemen
The IEEPA tariffs were probably already illegal under World Trade Organization (WTO) rules, as they violated the principle of equal treatment
To be fair, for Complan, Vaibhav is a good pick, for sure. But would sacrificing school exams, and, in a manner of speaking, putting studies on the backburner, go down well with ordinary parents?
If the Pakistanis think they can do better than the Americans, an Indian partisan can again say, go ahead, make my day
The significance of these figures becomes even more striking when viewed against the backdrop of numerous methodological changes and use of new data sources in the base revision exercise
One way to look at the new series is as a shift from a grainy image to a higher-resolution one. The scene itself does not suddenly change, but the blur is reduced
Overall, the 2022-23 base revision represents a substantive statistical reset
Here are the best of Business Standard's opinion pieces for today
In a world where sustainability norms are increasingly shaping market access, staying out of the conversation is no longer a strategy
The 16th Finance Commission throws up a transition challenge for states facing strict fiscal limits
As subsidies and cash transfers surge, the Supreme Court and Finance Commission warn that unchecked freebies risk straining state finances and long-term growth