Page 9 - Himanshi Bhardwaj

States spend just 55% of annual capex target by February: CAG data

Twenty-two states spend just over half of their FY26 capex target by February, lagging behind the Centre, while revenue spending and tax collections show steadier progress

IIP growth rose to 5.2% in February as manufacturing output climbs

Industrial output growth edges up to 5.2% in February, led by manufacturing recovery, while electricity and mining output show mixed trends amid global pressures

Unincorporated sector establishments increased 8% last year, shows survey

India's unincorporated sector saw nearly 8% growth in establishments and over 6% rise in employment in 2025, with GVA expanding 10.87%, reflecting steady expansion

Expedite WPI base year revision, says Parliamentary panel report

Committee asks DPIIT to align WPI with revised GDP, CPI and IIP series, and roll out producer price indices to improve price measurement and data accuracy

India Inc to pull back on capex by 16.5% in FY27, says NSO Survey

Private sector capex intentions decline 16.5 per cent to Rs 9.55 trillion in FY27, reflecting a cautious investment outlook despite modest rise in per-enterprise spending

Capex pours into 3 states, yet efficiency blooms elsewhere: Report

UP, Maharashtra, and Gujarat dominate capital expenditure, while Karnataka and Telangana lead in capital efficiency, highlighting divergence in investment patterns across states

Super-rich tax may address inequality, says former CEA Kaushik Basu

Kaushik Basu says progressive taxation on very high incomes can reduce inequality without weakening enterprise, while experts stress restoring trust through jobs and welfare systems

Green industrial push 'strategic necessity', says EAC-PM chairman

EAC-PM Chairman S Mahendra Dev says geopolitical tensions and energy shocks highlight need for green industrialisation to ensure energy security and sustain growth

India blends sustainability with growth in twin-track model: Mospi

Mospi bulletins highlight gains in sanitation, electrification and inequality reduction as India aligns economic expansion with environmental sustainability under SDG framework

FY27 funds won't be enough to meet targets under key programmes: Mospi

Mospi flags FY27 fund shortfall despite years of underspending and large surrenders, as a parliamentary panel highlights gaps in utilisation and fiscal planning

Unemployment rate eases to 4.9% as urban hiring picks up: PLFS data

Urban hiring activity picks up after winter lull as overall unemployment rate falls slightly in February, according to the latest PLFS monthly bulletin

WPI inflation at 11-month high of 2.13% in February, shows govt data

Factory-gate inflation rises to an 11-month high in February, driven by higher prices of primary goods and manufactured products, while fuel and power remain in deflation

West Asia war cloud over India's economic 'sweet spot' as oil prices rise

Rising crude prices and trade disruptions from the West Asia war are prompting economists to trim India's growth forecasts, threatening the economy's recent "sweet spot"

Retail inflation rose to 3.2% in Feb on higher food, precious metal prices

India's retail inflation rose to an 11-month high of 3.21% in February as food prices and precious metals gained

Iran war: Fiscal pressures on govt may mount next FY, say experts

A prolonged West Asia conflict could strain India's fiscal position through higher fertiliser subsidies, rising import costs and weaker revenue growth

Crisil projects 7.1% growth for India in FY27, flags West Asia crisis

Crisil projects India's economy to grow 7.1 per cent in FY27 on consumption and investment, but warns West Asia tensions and trade frictions pose downside risks

Centrally funded infrastructure projects log 16.4% cost jump in January

Centrally funded infrastructure projects reported a 16.4% cost jump in January, with revised estimates climbing to ₹39.2 trillion across 1,702 projects, even as overruns eased sequentially

States spent only 51.8% of capex budget till January, shows data

States spent only 51.8 per cent of their combined FY26 capital expenditure budget during April-January, trailing the Centre's capex pace, according to CAG data

Enhancing maturity of accounts of local bodies to get priority: CAG

CAG Sanjay Murthy says improving local body accounts and standardising how states report fiscal transfers is essential as Finance Commission grants expand and accountability demands grow

India's IIP growth eases to a three-month low of 4.8% in January

India's industrial output growth slowed to 4.8% in January, a three-month low, as manufacturing, mining and electricity softened, though several segments continued to post healthy gains