Page 198 - Indian Economy

Vistara to ramp up manpower to 5,000 this year, says CEO Vinod Kannan

The airline, which currently has 50 planes, aims to have 70 planes by the end of 2023 after taking into account some aircraft that will be returned to lessors

Fiscal dominance, growth and inflation

Because of fiscal dominance, growth itself may be necessary for monetary independence and price stability

Alternative growth path

Raghuram Rajan's idea must be debated

India's giving inflation room to grow to boost growth, but that may bite

India's wholesale price index, which tracks goods at factory gates, rose almost 13% from a year earlier in January.

BS Number Wise: Smart City Mission is slow and slipping

Plan to develop 100 urban centres is unable to meet deadlines or fully use funds but keeps adding new projects to its list

India has third-largest ecosystem for start-ups: Nasscom Official

'The number of start-ups is growing significantly in the country with ten per cent being added every year'

India's fuel demand expected to grow 5.5% next fiscal: Govt estimates

India's fuel demand is likely to grow 5.5 per cent in the fiscal year beginning April 1 as economic activity picks up after devastation caused by the pandemic

Need to separate individual from institution: FM Nirmala Sitharaman

Sitharaman is in the country's financial capital on a two-day post-Union Budget customary visit

Health care Budget: Finance secy says it is responsibility of states

According to the budget proposals for FY23, the government is planning to spend about Rs 83,000 crore on healthcare, the same as it did in FY22

Women reluctant to join company boards, says FM Nirmala Sitharaman

The remarks come even as the statutes mandate top 1,000 companies to have at least one independent woman director.

$14 bn remitted by Indians in Apr-Dec as Covid-19 restrictions ease

Travel, studies abroad lead the surge as Covid-19 restrictions ease

Recovery tracker: Retail and recreation visits at record high as cases drop

Improvement in traffic, power generation and other indicators; daily Covid-19 case load below 25,000

Signs of economic recovery

Consumer sentiment has been, by far, the most sluggish economic indicator in the post-lockdown recovery story so far

At 9.2%, India among fastest-growing large economies: Niti Aayog CEO

The Indian economy is growing at 9.2 per cent and is expected to grow at similar rates in the coming years, Niti Aayog CEO Amitabh Kant said on Monday. While referring to the government's production linked incentive (PLI) scheme for sunrise sectors, Kant said it will add USD 520 billion to India's output in the next five years and make India a part of the global supply chain. "Today India is witnessing unprecedented levels of economic development and technological disruptions. The economy is growing at 9.2 per cent and is expected to grow at similar rates in the coming years, making us one of the fastest-growing large economies in the world," Kant said at an AIMA event. The country has taken several measures to maximise efficiency and several reforms have been taken by the government in that direction such as GST, Insolvency & Bankruptcy Code, lowering of corporate taxes, etc, he noted. This will help make India a global manufacturing champion and manufacturing hub, Kant ...

Govt aims sustained recovery; infra spends will have multiplier effects: FM

The government wants to push innovation and the support to help the startups will continue, Sitharaman added.

Services exports may reach $325 billion in fiscal year 2023: SEPC

SEPC chairman said by the end of the ongoing fiscal year, services exports would reach about $250 billion

An Egyptian statue, the hijab debate, and a case for women in public space

Studies show that tribals, Muslims and Dalits have the highest proportion of poor. Equipping women in these communities to be employed is a societal good and an economic imperative, writes T N Ninan

Retail inflation for farm and rural workers rise to 5.49%, 5.74% in January

Retail inflation for farm workers and rural labourers rose to 5.49 per cent and 5.74 per cent, respectively in January mainly due to higher prices of certain food items

Unemployment falls in UP, on the rise in Punjab and Goa, shows data

PLFS data also shows Uttarakhand and Punjab's poor performance between 2017-18 and 2019-20

Rupee gains 39 paise to 74.67 against US dollar amid Ukraine dialogue

At the interbank forex market, the local unit opened at 75.03 against the greenback and witnessed an intra-day high of 74.60 and a low of 75.05