Page 22 - Economy & Policy Analysis
Russian supply cuts, low discounts top India's woes from soaring oil prices
That leaves Indian state oil companies caught in the crosshairs of higher oil prices, supply cuts, impending elections and growing losses
 "Russian supply cuts, low discounts top India's woes from soaring oil prices")
Madhya Pradesh 2023: Comparing state's economic parameters under BJP, Cong
Business Standard analyses the state's progress in the key economic parameters under current govt and sees if it was any better than the previous five years of the Digvijaya Singh govt
 "Madhya Pradesh 2023: Comparing state's economic parameters under BJP, Cong")
Statsguru: LPG price cut may reduce retail inflation rate by around 30 bps
Consumption of LPG has accordingly been going up over the years. Production was close to consumption in the early 2000s. This has since changed with an increased shift towards clean cooking fuel
 "Statsguru: LPG price cut may reduce retail inflation rate by around 30 bps")
Cost overruns ebb, yet delays persist in half of major infra projects
Key hurdles: Land acquisition, technical approval, green go-ahead
 "Cost overruns ebb, yet delays persist in half of major infra projects")
Govt projects in fast lane: Record completion rates hit decade high
Key hurdles: Land acquisition, technical approval, green go-ahead
Monsoon break threatens kharif crop yields; may delay rabi sowing
Standing crop in MP, Rajasthan, Gujarat, Maharashtra, Karnataka, among others face acute moisture stress
 "Monsoon break threatens kharif crop yields; may delay rabi sowing")
Statsguru: Six charts show China's economic recovery is weakening
The country has previously depended on debt-fuelled infrastructure spending to power growth. Indebtedness weighs heavier when growth slows down
 "Statsguru: Six charts show China's economic recovery is weakening")
Work in progress: How's India's G20 presidency is building consensus
As the heads of G20 states come together for a meeting in Delhi in September, it is useful to know why the Modi government was keen on being the bloc's president and if it has succeeded in the role
 "Work in progress: How's India's G20 presidency is building consensus")
BRICS Summit 2023: Will adding more bricks to a divided house help?
Whether BRICS becomes the voice of the Global South or remains a divided house without any coherent agenda will be keenly watched
 "BRICS Summit 2023: Will adding more bricks to a divided house help?")
Economy likely to expand by around RBI's projection of 8% in Q1, FY24
Various analysts that Business Standard spoke to put GDP growth in the range of 7 to 8.5 per cent for Q1 of FY24
 "Economy likely to expand by around RBI's projection of 8% in Q1, FY24")
How and why the revenue dept is tightening its grip on charitable bodies
The CAG, in a 2022 report, estimated the loss of potential revenue from charitable bodies at Rs 18,800 crore between the assessment years 2014-15 and 2017-18
 "How and why the revenue dept is tightening its grip on charitable bodies")
Statsguru: Rising relevance of Brics in global merchandise export market
It was at 20 per cent in 2022 compared to 5 per cent in 1992. They also account for a quarter of the world's economy
 "Statsguru: Rising relevance of Brics in global merchandise export market")
Privacy and penalty: Managing business with new data protection law
Stringent legal obligation to prevent breaches has companies reviewing their security practices
 "Privacy and penalty: Managing business with new data protection law")
Improved spatial rain distribution aids crops, shows CRISIL DRIP index
Crop-wise, DRIP scores are better for most crops except pulses and rice relative to the previous year
 "Improved spatial rain distribution aids crops, shows CRISIL DRIP index")
Prices in India are rising faster than many large economies, EM peers
Dozen states have reported higher inflation numbers than the all-India figure of 7.44 per cent
 "Prices in India are rising faster than many large economies, EM peers")
Statsguru: Nearly four out of five Indians are literate, shows govt data
One key reason for India's low growth is said to be low merchandise exports, which helped propel countries such as China and South Korea to prosperity
 "Statsguru: Nearly four out of five Indians are literate, shows govt data")
Fierce competition among new drug brands for share of India market
The competitive intensity is high between brands, at a time when volume growth in the domestic pharma market is on a slow lane
 "Fierce competition among new drug brands for share of India market")
Mining an opportunity: Firm, transparent laws key to attract investments
Recent laws opening critical minerals to private mining raise hopes that the lessons of privatisation of coal and iron ore have been learnt
 "Mining an opportunity: Firm, transparent laws key to attract investments")
US Fed hike on expected lines; RBI to take a balanced view: Analysts
The 0.25 per cent hike in interest rates by the US Fed was on expected lines, analysts said on Thursday, expecting its Indian counterpart to take a balanced view in its policy formation going forward
 "US Fed hike on expected lines; RBI to take a balanced view: Analysts")
Dilemma of multilateral finance: Scaling up capital from pvt sector crucial
A critical way to serve this need is to create a "third funding mechanism". That means drawing in money from the private sector in addition to the corpus that signatory governments and trusts provide
 "Dilemma of multilateral finance: Scaling up capital from pvt sector crucial")