Page 5 - Indivjal Dhasmana

US recession fears hyped, but any slowdown may impact India's economy

The US economy expanded 2.8 per cent in the second quarter and 1.4 per cent in the first quarter of 2024

Purvodaya scheme for 5 states: Will the sun finally shine on the east?

A comparative look at the five states in the Purvodaya scheme

Andhra needs a little bit of hand-holding for next few years: Nara Lokesh

Lokesh discusses the state govt's plans to conduct a skill census, the target to create two million jobs in five years, and the importance of striking a balance between welfarism and economic growth

Govt changes stance on fiscal consolidation, prioritises debt reduction

Finance Secretary said the figure of 3% for fiscal deficit does not take into account the specific dynamics of a fast growing economy like India

Budget: Aided by RBI surplus transfer, FM improves fiscal consolidation

Capital expenditure remained unchanged, even as Sitharaman announced viability gap funding and a market-based financing framework for infrastructure

Need to create 8 million jobs a year until 2036, says Economic Survey

Nudges pvt sector on jobs, cautions on AI; sees GDP growing by 6.5-7% in FY25; makes a case for FDI from China

Finances of municipalities need overhaul as amenities crumble due to rains

Indivjal Dhasmana looks at finances of major civic bodies to analyse why they are underprepared perennially

Hopes in the balance: How much can the Budget do for the rural sector?

The government will have to tweak the demand for Mahatma Gandhi National Rural Employment Guarantee Act and may retain the demand for PM Kisan to not allow fiscal slippage

Budget Watch: FinMin confident of sticking to fiscal deficit of 5.1% of GDP

However, this path may not be as easy for the government to tread

Is India's economic growth really weak and could a repo rate cut boost it?

An external member of the MPC highlighted that India's economic growth is below potential, with weak consumption contributing to the slowdown

Mahayuti govt loosens purse strings within prudence to bring back voters

The Mahayuti govt in Maharashtra has treaded a populist path in the FY25 Budget in a bid to woo voters ahead of the Assembly polls but has shown fiscal prudence

7 yrs of GST: Avg monthly mop up surge by 87% despite certain challenges

With enhanced revenues, the stage seems set for GST 2.0

Why do Andhra Pradesh and Bihar deserve special economic packages?

UP, Chhattisgarh, Jharkhand, Odisha, Rajasthan and hilly states including northeastern region also suit some of those criteria

GST on crude oil, petrol and diesel boils down to revenue concerns

Despite Constitutional provisions, inclusion of petrol and diesel under GST framework remains a distant dream

Tale of two states: Bihar, Andhra Pradesh carry a high debt legacy

Bihar joins AP in taking fiscal stress in recent years, but lags far behind the southern state in prosperity

AAR rules 18% GST on infant food containing milk, other ingredients

Rajasthan authority for advance rulings observed that the primary product manufactured by the company is infant milk formula which includes cereals and protein supplements

Reforms for 'Viksit Bharat' may not fall prey to new coalition government

But, in coalition, the focus may go off specific policies such as labour codes and privatisation

Tax dispute intensifies over marketing and ad expenses of MNC subsidiaries

The tax authorities argue that these AMP expenses incurred by MNC subsidiaries enhance the value of trademarks or brands owned by the foreign parent entities

Election turnout 35 million more this time compared to 2019: SBI Research

Expects sovereign rating upgrade by 2026-27

10 years of Telangana: Is India's newest state limping or marching ahead?

Being revenue surplus, which indicates that the state exceeds its current receipts for its current expenditure, Telangana has been generous with its social welfare schemes