Page 274 - Economy & Policy News

Flights to Kolkata from Bangladesh dwindling due to crisis, traders hit

According to officials at the Kolkata airport, the airline carried 7,391 passengers to Kolkata in July, which came down to 1,646 in November

Statsguru: Robust taxes ease burden of freebies on state governments

Often criticised as "revdi culture", these promises have become central to political manifestos across parties, as seen even in the recent Maharashtra and Jharkhand elections

UN climate summit in Baku leaves the developing world with crumbs

Unusually for a UN climate summit, COP29 was mainly about climate finance, and yet the finance mandarins were missing

GST collection rises by 8.5% to over Rs 1.82 trillion in November

In October, GST collections of Rs 1.87 trillion were the second-best GST mop-up with 9 per cent annual growth. The highest-ever collection was in April 2024 at over Rs 2.10 trillion

Petrol, diesel consumption rebounds in November on festival demand

While petrol sales had shown a year-on-year increase, diesel has been a laggard since monsoon and November was the first month that saw positive growth in consumption

Commercial LPG prices hiked by Rs 16.5, jet fuel costlier by 1.45%

This is the fifth straight monthly hike in commercial LPG price, negating the four monthly reductions prior to the current cycle that started in August

In scrutiny, you must find the courage to challenge the status quo: Adani

Adani acknowledged the scrutiny faced by his group in recent years, citing challenges such as the coal mine resistance in Australia and allegations of compliance issues in the US

Women should take benefits of schemes launched by Centre: Sitharaman

Finance Minister Nirmala Sitharaman was speaking at a credit outreach programme held in Madhubani, where loans to the tune of Rs 1,121 crore were provided to 50,294 beneficiaries by various banks

Women-centric welfare schemes account for 0.5% of India's GDP in FY25

The credit for the largest allocation in the budget for the cash transfer to women goes to Maharashtra, which has earmarked $5.4 billion, accounting for 1.1 per cent of the state's GDP

Govt pins growth hopes on Trump keeping crude prices low: CEA Nageswaran

He added that low crude oil prices would be a very important ingredient for India's growth prospects

Farm GVA recovers in Q2FY25 due to strong monsoon, shows govt data

Lays foundation for even better performance in coming quarters, opine experts

Q2 GDP numbers disappointing but not alarming, says CEA Nageswaran

He stressed that geopolitical conditions remained fragile and may continue to impact domestic inflation, supply chains, and capital flows

Capex contracted, revenue expenditure gained pace in October: CGA data

Experts feel that the government is likely to miss the target of Rs 11.1 trillion capital expenditure in the current financial year

GDP growth hits 7-quarter low of 5.4% in Q2 as manufacturing slows

Slowdown prompts calls for policy rate cuts in February

Govt capital expenditure drags down growth in investment, shows NSO data

An investment share above 30 per cent is considered important for driving economic growth

A look back at RBI Governor tenures as Shaktikanta Das' term nears end

Below is a list of RBI governors over the past two decades, their appointment announcements, and dates of joining

Q2 GDP growth at 5.4%: RBI rate cut in December? Unlikely, say experts

Bond yields fall 6 bps post GDP numbers

India's forex reserves drop by $48 billion in two months: RBI data

According to the latest data released by the RBI, in the week ended November 22, India's foreign exchange reserves declined by $1.31 billion to stand at $656.58 billion

Core sector growth at 3-month high, but remains subdued at 3.1% in Oct

On the other hand, the output of crude oil (-4.8 per cent) and natural gas (-1.2 per cent) contracted during the month

GST Council has turned into a rate-cutting panel: Ex-CEA Arvind Subramanian

'India's GST system remains highly complex. There is a need of simplification'