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Indivjal Dhasmana, a senior associate editor at Business Standard, writes on macroeconomics, taxes, and political economy. He has over three decades of experience in various journalism. He currently heads the economics data team at Business Standard.
Indivjal Dhasmana, a senior associate editor at Business Standard, writes on macroeconomics, taxes, and political economy. He has over three decades of experience in various journalism. He currently heads the economics data team at Business Standard.
Indian investment commitments of over $330 billion in the US could boost outward FDI flows, potentially challenging Singapore's position as the top destination for Indian investments.
India's core sector output grew 7.9% in September, but crude oil, natural gas and fertilisers continued to lag, with all three recording negative Y-o-Y growth in the first half of FY27.
Manufacturing and mining goods lead the increase, though prices remain below the FY23 base-year level
In its over 75-year journey since national accounts data has been available, the economy has delivered at least an eight per cent growth rate in seven years
Central tax collections rose 6.5% in April-August, trailing the 9% FY27 Budget target, as major tax receipts declined sharply in August.
RBI's MPC faces a rate-hike dilemma as inflation remains within target even as robust economic growth and demand pressures strengthen the case for tighter policy
Foreign direct investment by China into the US and job creation by their MNEs in each other's economy have also been declining recently
National Sample Survey findings reveal significant divergence between combined and demographic-specific joblessness figures across key districts
As many as 1.5% of the total 584 districts had a rate exactly at 3.1%. Papum Pare in Andhra Pradesh had the highest UR at 16.1 per cent.
The Narendra Modi government has offered about 1.19 million jobs through 19 Rozgar Melas since October 2022, with government workforce projected to reach 3.62 million by March 2027
India and China seek stronger economic ties, but trade imbalance, border tensions and limited Chinese investment remain key hurdles
The break-up of these calculations is complicated since many manufactured products are inputs for other manufactured products
The base year change from 1999-00 to 2004-05 led to a 6% rise in nominal GDP numbers of Q1FY08
Manufacturing prices fell in Q1 even as real growth outpaced nominal growth, pointing to deflationary pressure unlike agriculture and services
India's GDP grew 7.8% in Q1FY27, below 8.2% GVA growth as subsidies restrained net indirect tax growth, widening the gap between the two measures
Even at seven per cent, the GDP growth rate in the first quarter would be a four-quarter low, though higher than 6.8 per cent in the year-ago period.
Disaggregated figures for the top five categories showed month-on-month volatility.
India needs sustained 9.25% annual growth to become a developed economy by 2047, but low investment and a prolonged lower-middle-income phase remain key challenges
After months of elevated tomato prices, onion inflation is set to emerge as the biggest driver of food inflation in July, while potato and tomato prices ease
While overall education services saw retail price inflation below 4% in the first half of the current calendar year, tuition fees at higher education levels remained in the range of 3.5% to around 4%