Page 4 - Himanshi Bhardwaj

India's CAD could exceed 1% of FY26 GDP as external risks intensify

Economists forecast India's current account deficit (CAD) will exceed 1% in FY26, citing capital outflows, U.S. tariffs, and a widening trade deficit, despite strong services exports and remittances

Unincorporated sector employment down 2% in Q1FY26 on seasonal trend

The number of workers across rural and urban unincorporated enterprises fell to 128.6 million in April-June 2025 from an all-time high of 131.3 million in January-March 2025

Govt spending and exports likely to begin unwinding in Q2, says BMI

BMI said any export front-loading that continued post-June has likely been cut short by the rise in US 'reciprocal' tariffs, first to 25 per cent on July 31, 2025, and then to 50 per cent on August 27

GST rate reforms: Oppn-ruled states call for additional levy for 5 yrs

At a consultative meeting in the capital, ahead of the GST Council's meeting on September 3-4, these states supported the Centre's proposal for rationalisation

BS Infra Summit: Open more sectors to private investment, say experts

Experts warn India's infra push risks delays without better planning, funding models, and PPP reforms to match rapid growth

BS Infra Summit: How lending trends in 2010s created bad loan crisis

The paper notes that the problem was not just weak lending choices; core project risks were built into the model

Artisans, weavers bodies urge Centre to scrap GST on textiles, handicrafts

Artisans and weavers seek zero GST on handlooms and handicrafts citing sectoral distress, while the fertiliser industry urges GST rate cut on inputs and refund of blocked tax credits

Mfg GVA grew 11.9% in 2023-24, shows Annual Survey of Industries data

The top ten industries accounted for 71 per cent of the manufacturing GVA in FY24, with a handful - basic metals, motor vehicles, chemicals, food products and pharmaceuticals - dominating

Corporate fraud in India: A case of the 'trusted insider' dominance

While cybercrime headlines dominate the global conversation around corporate fraud, in India, fraud creeps in through procurement files, travel vouchers, vendor agreements, and unchecked authority

Nudging more states to mandate procurement through GeM, says CEO

In 2024-25, about 10.5 per cent of the total government procurements worth ₹5.42 trillion carried out through the GeM portal were from States

Thali costs fall in July, defying seasonal trends, says Crisil report

Key meal ingredients' prices, however, continued to trend lower from a year ago

Integrating services into production can create more jobs, says CSEP

Services like construction, transport, and distribution play a significant role in supporting job creation in the manufacturing sector, the paper, based on empirical estimates, concluded

India's top 18 states' revenues to grow 7-9% in FY26, says Crisil report

Crisil forecasts 7-9% revenue growth for India's top 18 states in FY26, driven by GST, liquor sales, and Centre support, with slower growth than the 10% decadal average

New elevator code may raise prices by 2-5%: Kone Elevator India MD

Customers can absorb price hikes, he added

EPFO posted record net member addition in May at 2 million, shows data

New subscriber enrolment swelled notably: about 0.94 million fresh employees joined EPFO in May, representing an 11 per cent increase over April

Cost overruns in infra projects may have hit ₹2.89 trillion in June 2025

The combined original cost across all sectors stood at ₹26.86 trillion while the anticipated costs now touch ₹29.75 trillion - an 11 per cent jump

May look at lateral entry for state science secys, says Jitendra Singh

In June, Singh had said the Centre had not abandoned the lateral entry route in the civil services, and said the Centre remains open to lateral entries

Thali prices drop in June 2025, driven by lower vegetable and broiler costs

The price of a vegetarian thali fell 8 per cent in June 2025 compared to the same month last year, driven by a sharp drop in vegetable prices

NITI Aayog backs port hubs and fund for chemicals to curb imports

While India is a major exporter of chemicals, it is also heavily reliant on imports, resulting in a $31 billion trade deficit in the sector in 2023

Delhi fuel ban sparks more fear than seizures on Day 1 of crackdown

Dealers urge wider NCR clampdown for end-of-life vehicle ban to have impact