Page 164 - Indian Economy

Bang for their buck: Behind corporate India's asset efficiency

Businesses are doing better two years after the pandemic began, but not everyone is sailing smoothly

India's July fuel demand rises 6.1% year-on-year, reveals ministry data

Consumption of fuel, a proxy for oil demand, totalled 17.62 million tonnes in July, down 5.7% from 18.68 million tonnes in June

Private sector should invest in technology, boost R&D to help economy: CEA

Chief Economic Advisor V Anantha Nageswaran on Monday said the private sector needs to invest more in technology and research and development, and pay the MSME suppliers on time to help the economy. Stating that Indian economy cannot remain exempt from the global challenges but it remains resilient and is poised for a rebound as the banking system is better, inflationary issues are peaking out and ongoing recovery is healthy, the CEA said. It is to our credit so far that we have managed to keep the impact at more manageable levels so far. But it should require continuous vigilance, continuous action and discipline for policymakers, he said while speaking at a virtual meeting with the Calcutta Chamber of Commerce. Citing examples of several economies facing very high inflation, Nageswaran said India is in a relatively better position and the majority of its sectors are doing quite well despite market volatility and inflation. Nageswaran emphasised the need to focus on R&D and ...

Rains key to consumer sentiments now

The recovery of consumer sentiments in rur­al India in July is likely a reflection of the improved economic prospects of the agricultural sector

Jobs and growth: A way out

Economic development tends to go hand in hand with urbanisation

The employment-income crisis

Reforms of the education and skill continuum could usher in an Indian miracle

New terms of trade

Policy establishment should build capacity

Recovery tracker: Higher power generation, improved freight numbers

Power generation gap widened over 2019

Latest RBI survey shows household inflation expectations eased 80 bps

Households' 3-month, one-year inflation expectations fell 50 bps, 60 bps

PSBs recover Rs 6.42 trn NPAs, written off loans since from FY15 to FY22

From FY16 to FY21, the central government has infused Rs 3.36 trillion of capital in PSBs, while banks have raised an additional Rs 2.99 trillion from the markets

Rupee falls as strong US jobs data rekindles fear of aggressive Fed hikes

The Federal Reserve has already raised interest rates by 225 basis points since March 2020

India at 75: The Executive tops the list of worst-performing institutions

There is an "us vs them" approach to governance that has permeated all the services that constitute the Executive

Statsguru: Six charts explain why India's trade deficit is widening

The IMF revised India's growth downward, and data from the commerce ministry show that the trade deficit is widening

Exporters meet Piyush Goyal, flag concerns on demand from Western nations

According to preliminary data released by the commerce ministry on Tuesday, merchandise exports declined to a five-month low of $35.2 billion in July

MPC retains inflation forecast for FY23 but highlights external uncertainty

The projections of inflation for FY23 are based on the assumption of an average crude oil price of $105 per barrel and a normal monsoon

Need to address gap due to India's jobless growth, says Anand Mahindra

On inflation, he said that though it's a concern from the business angle, it can nevertheless provide a minimum threshold of returns on productive assets

The record of 75 years: How will India be more whole-heartedly admired?

If India addresses its institutional and policy failures, reduces its inequalities and addressing its iniquities over the next 25 years, that would truly make it an Indian century, writes T N Ninan

Developments in Taiwan will not impact India, says RBI Governor Das

The Governor said Taiwan accounts for only 0.7 per cent of India's overall trade and the capital flows from the island are also not very high.

Lack of clarity on GST paid on liquidated damages may lead to litigation

There is fear that entities may be asked to reverse ITC or pay back refunds, experts say

RBI Monetary Policy 2022: RBI MPC, Key points, changes, Repo Rate history

RBI surges repo rate by 50 bps to 5.4%; 10-year-old bond yields up by 10 bps to 7.25%. Here are all the key points and changes in RBI MPC in August 2022 you need to know.