Page 13 - Arup Roychoudhury

India's Covid-19 fiscal stimulus was relatively small, say experts

With the latest round of repo rate hike by the Reserve Bank of India (RBI), all the pandemic rate cuts have now been reversed

Health care may feature in PM Narendra Modi's Independence Day speech

August 15, 2022, will mark the 75th year of India's independence

PM pushes states to boost GST collection at NITI governing council meet

Crop diversification discussed most extensively in NITI governing council meet

NITI governing council meet: PM, CMs to discuss crop diversification & NEP

The PM and CMs are also expected to devote considerable time to agriculture and related subjects, including measures to lower import dependency on several food items

Bumper GST collections could lead to compensation windfall for states

Extending compensation is a topic that has remained a sticking point in India's federal structure, with not only opposition states but also BJP-governed states speaking about it

India's services PMI at 4-month low of 55.5 in July amid high inflation

The domestic market remained the key source of sales growth as international demand for Indian services worsened further, the survey said

Govt eyes ending schemes, including PAHAL, with wasteful expenditures

The PAHAL scheme, launched in 2013, is aimed at reduce diversion and eliminate duplicate or bogus LPG connections

Supreme Court observation on freebies is judicial overreach, say experts

The SC had sought a reply from the Centre till the next hearing on August 3

Centre's revenue receipts rise just 5% to Rs 5.7 trillion in June quarter

April-June fiscal deficit at 21.2% of Budget Estimates

Fiscal deficit expected to follow previous years' trend in June quarter

Centre's capex outlay may touch 20 per cent of full-year target in Q1 at Rs 1.5 trillion

Centre's capital expenditure outlay in Q1 could be close to Rs 1.5 trillion

It is in the July-September quarter (Q2) of FY23 that capex is expected to pick up, when a bulk of the long-term capex loans to states are expected to be expended

PSU debt serviced by a state to be brought under its FRBM limit: Govt

Such borrowings shall be considered as those availed by the state itself for the purpose of issuing consent under Article 293(3) of the Constitution, says FM Sitharaman

Let India export foodgrains from public stock: FM Sitharaman at G20

Says India could help in reducing hunger or food insecurity

June WPI-based inflation cools to 15.18% from May's four-decade high

June WPI inflation of 15.18 per cent comes on the back of a high base of 12.07 per cent for the same month in 2021

Global recession fears may ease inflationary pressures: Govt report

CAD will deteriorate if crude prices don't come down

India's retail inflation stays above 7%; IIP growth hits 12-month high

Electricity was the biggest driver of industrial output, rising 23.5%. Manufacturing output grew by 20.6%, while mining output grew by 10.9%

Singapore senior minister to deliver first Arun Jaitley Memorial Lecture

Annual lectures will be on economic issues affecting India and the global economy

India can reach 8% sustained growth: Ex-NITI Aayog vice-chairman Panagariya

'I fully support the capex push. I do not believe in sector specific interventions', said Panagariya

Real growth not possible without inclusiveness, says PM Narendra Modi

Speaking on social issues, PM said child stunting remained a major concern and India needed to address this on priority

What RBI's letter to govt on missing inflation target is likely to contain

Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and steps MPC will take to achieve it going forward