Page 224 - Indian Economy

What's behind Indians' credit card spending surge in recent months?

India's credit card spending is back with a bang. What is driving the surge? Does this indicate a quick economic recovery? What are the lessons we can draw from this trend? Let us take a look

TMS, Ep 35: Credit card spend, JioPhone Next, markets and ethical hacking

What's behind the recent surge in Indians' credit card spending? Can JioPhone Next help make India '2G-mukt'? How is 'ethical hacking' different from hacking as we know it? Get all the answers here

Services PMI rises to over a decade high of 58.4 in October

Inflation at six-month high keeps business confidence muted but companies generate highest employment since pre-Covid period of February 2020

Is India's export growth 'sticky' enough to hit $400-bn mark this year?

It is less than necessary, an analysis of the composition of the export basket suggests

Samvat 2078: More bang than whimper for rupee, bond this new year

The rupee was at 74.61 to a dollar on November 13 - the beginning of Samvat. It ended at 74.46 to a dollar on Wednesday

Diwali cheer: Centre cuts excise duty on petrol by Rs 5, diesel by Rs 10

Experts said the increase in consumption and tax buoyancy will help offset excise duty cuts on fuels to an extent

Best of BS Opinion: Towards net zero, banking accountability, and more

Here are the best of BS Opinion pieces of the day

Modi socio-nomics starts to pay off

The transformational nature of his policies is becoming hard to ignore

Year-end dilemma: Hold or fold?

It will depend on an investor's view of the long-term potential of the economy

Recovery tracker: Workplace visits near normal, highest since March 2020

Traffic congestion has also increased for major cities in the latest week

Statsguru: Six charts show India's infrastructure projects in a slow lane

Among sectors, water, telecom and Railways faced the highest cost overruns

India's economy takes 'formal' leap as informal shrinks drastically: Study

15-20% of economy informal now as against 52% in FY18; digitisation, gig economy key drivers: Study

Indians' belief in country's economic future has diminished, says Rajan

He also stressed on the need for India joining international trade agreements

Credit growth gets festival boost in Sept led by retail, industry, agri

Growth in credit to the services sector decelerated to 0.8 per cent in September 2021 from 9.2 per cent in September 2020

Centre's fiscal deficit at 35% of budget estimates vs 115% a year ago

To be lower than budgeted 6.8%, say economists even when total expenditure is expected to exceed BE

Sept core sector growth drops to 4.4% YoY as rains affect infra activity

Core sector rose 16.6 per cent in the first half of the current financial year against a contraction of 14.5 per cent in the corresponding period of the previous year

Dilemmas after the boom: Market euphoria and an obvious disconnect

The likelihood is that the new Samvat will be a period when the market either corrects, or at the least digests the excesses of the year gone by, writes T N Ninan

Retail inflation for industrial workers eases to 4.41% in September

Food inflation stood at 2.26 per cent against 4.83 per cent of the previous month and 7.51 per cent during the corresponding month a year ago

Output of eight core sectors increases 4.4% in September

The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP)

Centre's fiscal deficit touches 35% of annual target at H1-end

For the current financial year, the government expects the deficit at 6.8 per cent of GDP or Rs 15,06,812 crore