Page 185 - Indian Economy

Top headlines: Action to aid post-Covid recovery, Tatas to offer ESOPs

Business Standard brings you top headlines of the day

Record number of companies registered in FY22 despite Covid

Showing resilience India has registered 1.67 lakh companies in the financial year 2021-22 (April-March), according to a report by Ministry of Corporate Affairs (MCA)

PM Gati Shakti crucial for India to become $5-trn economy: Gadkari

The PM Gati Shakti National Master Plan (NMP), is important for achieving the prime minister's dream of making India a USD 5 trillion economy by 2024-25, Union minister Nitin Gadkari said on Wednesday

BS Number Wise: Indian states are living dangerously on subsidies

Their tax revenues can't keep up with their largesse: it's a policy that risks putting them in economic peril

Should purchasing power parity of $3.2 be made India's formal poverty line?

Experts have some reservations about the methodology used to arrive at the number, and that the poverty figures under the existing PPP of $1.9 per person per day have been understated

Need to address rising food costs and energy security concerns: India at UN

The impact of the situation in Ukraine is being felt beyond the region with increasing food and energy costs, especially for many developing countries

IMF slashes India's FY23 GDP growth forecast to 8.2%

The IMF's projection of India's retail inflation is now at 6.1 per cent, higher than the Reserve Bank of India's (RBI's) forecast of 5.7 per cent

India's policy challenges will hinder net-zero progress, says Moody's

Many of the country's large private companies have announced net-zero targets that are well ahead of Indian authorities' goals

Govt setting up 75 digital banks this year, says FM Nirmala Sitharaman

Sitharaman is in Washington DC to attend the annual spring meeting of the International Monetary Fund and the World Bank

PLI scheme with a return for the government

Despite the massive opportunity cost of the PLI scheme, there is considerable enthusiasm amongst the proponents of the scheme

FM meets IMF chief; discusses impact of geopolitics on global growth

Congratulating India on its successful vaccination programme to control spread of Covid-19, Georgieva also appreciated New Delhi for extending relief to other vulnerable countries to fight pandemic

IMF praises India's resilient economy, highlights structural reforms taken

The IMF MD Kristalina Georgieva lauded India's well-targeted policy mix that has helped the Indian economy remain resilient in her meeting with Finance Minister Nirmala Sitharaman in Washington DC

Today headlines: Economy to feel pinch; IAMAI vouches for lower age consent

Business Standard brings you top headlines of the day

Wholesale inflation in March surges to second highest since 2004

This surge comes as commodity prices harden amid the Russia-Ukraine offensive

Economy to feel pinch of higher commodity prices: CEA V Anantha Nageswaran

'Employment generation is both a near-term and long-term priority', said Nageswaran

Stocks slip on earnings setback, inflation data; Sensex falls 1,172 points

Besides weak earnings, investors had to digest negative macroeconomic data on the inflation and GDP outlook front

Indian economy not immune to negative externalities, says RBI report

Spurring private investment key for sustainable growth the report adds

Live: Delhi Capitals allrounder Mitchell Marsh tests positive for Covid-19

Live news updates: Marsh is the third member of the Capitals contingent to test positive.

Mkt hasn't adequately factored in risks to growth: Nomura's Saion Mukherjee

If inflation-related issues get more structural and last longer, rates can continue to surprise further on the upside, leading to contraction in valuation multiples: Saion Mukherjee

WPI-based inflation zooms to 14.55% in March on rising fuel, food prices

WPI inflation last month was 13.11 per cent on hardening of prices of crude oil and non-food items