)
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.
India has "eliminated low-income poverty (which is based the purchasing power parity or PPP of $1.9 per person a day)", the lead author of the paper said
A deep dive into why Kashmiri Pandits don't seem too happy with a slew of relief measures provided by the Centre and the states sheltering them
The Tamil Nadu government has set up an advisory council on the fiscal powers of the state and the Centre with special reference to the goods and services tax (GST)
The scheme also offers better returns than other most other investment avenues
In the case of the labour codes, apart from the states, the Centre too is required to frame rules
A feeble impact is already being felt, and if the conflict stretches way beyond March, it could have implications on growth, inflation, fiscal deficit and current account deficit
This is owing to elevated oil and commodity prices
The share in India's total exports declined from 2.16 per cent in FY15 to just 1.3 per cent in the first 10 months of the current financial year.
Petrol and diesel are costliest in Mumbai at Rs 111.67 and Rs 95.85 a litre, respectively.
Up 80 paise a litre; domestic gas cylinder now dearer by Rs 50
There are several reasons for the lack of uniformity, such as depreciation of other currencies, essential nature of crude imports and global fluctuations in energy prices
Up more than Rs 1 trn over RE for FY22, to help govt rein in fiscal deficit at 6.9%
While Covid hit services exports harder than manufacturing, the share of the former in global services exports seems to support the call experts have made in favour of the sector
Experts allege that auditing and investigating officers were not adjudicating the notices judiciously and were retaining the demands made in them
The new governments in Goa, Manipur, and Uttarakhand will have to create jobs for their people to bring down the unemployment rate to the national average.
Prime Minister Narendra Modi emphasised the government's economic measures and social welfare steps had put India on track in these circumstances
The incoming govts will have to work on creating more job opportunities to bring these states' unemployment rates close to the national average, besides containing inflation and meeting poll promises
The metric, in fact, rose to as much as 8.44% last May, when second Covid wave was on; analysts cite huge demand-supply gap, rising staff costs for state of affairs
Former RBI governor C Rangarajan believes it would be 13 per cent, though his projection came before the war
Crude oil production contracted 2.4 per cent in January, the pace which is the highest in six months