Page 220 - Indian Economy

What $650 billion can buy

India's stock of external commercial borrowing, for instance, is in excess of $200 billion

Coal India aims at Rs 40,000-50,000 cr capex in 4-5 years: Chairman

Coal India Ltd on Wednesday said the company is aiming at investing Rs 40,000-50,000 crore as capital expenditure in the next 4-5 years.

Nippon India MF bets big on riskier company bonds as economy recovers

Many companies have used the pandemic stimulus to clean up their balance sheets. "This is giving us the comfort to invest in quality non-AAA papers," said Amit Tripathi of Nippon India MF

Goldman Sachs, others raise India's FY22 GDP growth forecast

Those at Morgan Stanley, too, are upbeat on the region's growth rate. Vaccination, easing of Covid-led travel restrictions and releasing pent-up demand, they believe, will help economic recovery

Explained: Why does India fail to attract foreign investments in oil & gas?

The scenario reflects the larger uncertainties in global fossil fuel investments and India's whimsical policy environment

FY22 fiscal deficit may be better at 6.6% on stronger tax buoyancy: Fitch

Revenue Secretary Tarun Bajaj has said the government's tax collection kitty will surpass budget estimates this financial year on the back of good direct and indirect tax mop-up.

Govt to exceed tax collection target in FY22: Revenue secy Tarun Bajaj

The government has budgeted a 9.5 per cent growth in tax collections at Rs 22.2 lakh crore for 2021-22 fiscal (April-March). In the last fiscal, the mop-up was Rs 20.2 lakh crore.

Hopes from India's free trade deals need not be high

Globally, there are over 350 Preferential Trade Agreem­e­n­ts (PTAs) or Free Trade Agre­e­ments (FTAs) or Regional Trade Agreements (RTAs). Most of them are defunct

A Pyrrhic victory for protesters

PM's retreat on farm laws conceals what is actually going on

Every country must worry about data sovereignty, says IBM Chairman Krishna

Eager to help India develop the workforce that it needs for a digital revolution, IBM is betting big on small towns for its R&D centres

Best of BS Opinion: Survival of the friendliest, seeds of a bleak future

Here is the best of Business Standard's opinion pieces for Saturday.

The seeds of a bleak future

This episode of legislating bad laws and rolling back, means those issues will not be addressed for fear of sparking another agitation, writes Devangshu Datta

Survival of the friendliest: One of India's transformations under Modi

The concept is relevant in an India where hate speech flourishes, where legislated and street violence can be unleashed against a chosen community, or those too weak to resist, writes T N Ninan

Global Value Chains and trade statistics: Why do they matter?

Global value chains and their linkage with the trade statistics may lead us to interesting conclusions on inconsistency between trade statistics and modern trade

Survival of the friendliest: One of India's transformations under Modi

The concept is relevant in an India where hate speech flourishes, where legislated and street violence can be unleashed against a chosen community, or those too weak to resist, writes T N Ninan

Rakesh Mohan, Krishnamurthy Subramanian sing divergent tunes on PLI scheme

Vijay Kelkar bats for single 12% GST rate

Recent reforms will lay foundation of higher growth: CEA Subramanian

Chief Economic Advisor (CEA) Krishnamurthy Subramanian on Thursday said the recent reforms initiated by the government will lay the foundation of higher growth

Retail inflation for farm, rural workers marginally down in October

Retail inflation based on consumer price indices for farm and rural workers eased marginally in October against September 2021. Point to point rate of inflation based on the CPI-AL (Consumer Price Index-Agricultural Labour) and CPI-RL (rural labour) stood at 2.76 per cent and 3.12 per cent in October 2021 against 2.89 per cent and 3.16 per cent, respectively, in September, 2021, a labour ministry statement said. Retail inflation based on CPI-AL and CPI-RL were 6.59 per cent and 6.45 per cent respectively during the corresponding month of the previous year (October 2020). Food inflation for farm and rural workers stood at 0.39 per cent & 0.59 per cent in October, 2021 compared to 0.50 per cent & 0.70 per cent respectively in September 2021 and 7.96 per cent & 7.92 per cent respectively during the corresponding month of the previous year. The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers for the month of October 2021 increased by

Time to harvest the tailwind in exports

The current high tide in global trade offers an opportunity for India to get its exports strategy in order before growth dips again

EAC-PM members say a real rate of growth of 7%-7.5% in FY23 seems likely

Other than an element of the base effect, the contact intensive sectors and construction should recover in 2022-23, say EAC-PM members