While consumers feel the petrol pinch directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use
Imputed Q4 GDP seen falling 1.1%; Services to catch up with mfg; Tall growth of 30% in govt spending needed; Investments better than expected, show revised numbers
Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market
In a situation without Covid-19, India was envisioned to have a strong power demand in the coming decade
Rise in both exports and imports signals recovery is strengthening: Experts
Finance Commission finds inconsistencies in GST, bats for change, simplification and a three-rate structure
Small savings, which will chip in a record Rs 4.8 trillion, breathe life into stimulus
Taxes on individual incomes will now bring more revenue to the government than taxes on corporate profits
The Survey batted for a bold fiscal expansion to make the economic recovery more broad-based
India will not face the problem of debt sustainability even in the worst of scenarios till 2030, the Survey observed.
Rising corporate profits and relatively unaffected salaries may help continue this trend giving a positive impetus to government spending
Efficacy of fiscal deficit is limited by revenue deficit - the lower the latter, the bigger the space for capex
About 13.5 per cent of casual workers (who probably earned daily or weekly but had steady incomes) became self-employed in that period
This year, while housing finance has improved, preliminary data shows that NBFC flow to the commercial sector is lagging
Collection hit a record in December 2020, crossing Rs 1.15 trillion, in a sign that faster recovery could really be on its way
This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1
This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1
This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1
This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1
In the current financial year, the flow towards capex has slowed down a bit, due to the need to spend financial resources elsewhere