Page 235 - Indian Economy

India's power consumption up 18.6% to 129.51 billion units in August

India's power consumption grew 18.6% in August to 129.51 billion units and remained higher than the pre-Covid level due to improved economic activities amid the easing of lockdown curbs by states

Manufacturing growth falls in Aug on Covid curbs, rising input costs: PMI

The index for manufacturing fell to 52.3 in the month from 55.3 in July, forcing companies to pause their hiring efforts

India asks utilities to import coal amid short supply as demand spikes

CHENNAI (Reuters) -India has urged utilities to import coal as coal-fired electricity generation surged in Asia's third largest economy after an easing of coronavirus-related curbs, with several power plants on the verge of running out of fuel.

Economic policies have failed, situation at 1991 level: Rahul Gandhi

Former Congress president Rahul Gandhi on Wednesday mounted yet another attack on the government over rising fuel prices and inflation and said the situation is at the 1991 level.

Morgan Stanley maintains India GDP growth estimate of 10.5% for FY22

Morgan Stanley on Wednesday maintained its estimate of India GDP growth at 10.5 per cent for FY2022 versus the general consensus of 9.2 per cent

India's August power output rises 16.1%, coal-fired power by 23.7%

India's electricity generation rose by 16.1% in August compared with a year earlier, lifted by a 23.7% jump in coal-fired power generation that led to a coal shortage at utilities across the country

Indian factory growth slipped in August, job cutting returned: Survey

Indian factory activity expanded at a slower pace last month as persistent pandemic-related weakness weighed on demand and output, forcing firms to cut jobs again, a private survey showed

Low base drives up India's GDP growth to record 20.1% in Q1FY22

Growth yet to get back to pre-covid level, CEA sees it happening next year

Digital, co-lending to drive credit business this festive season

The RBI had revised norms last year to bring clarity in risk sharing and credit underwriting in co-lending tie-ups

India's core sector output grows 9.4% in July on the back of low base

Except crude oil, 7 sectors have shown an uptick YoY

Apr-Jul fiscal deficit narrows to 9-year low, reaches 21.3% of FY22 target

Non-tax revenues such as dividends from RBI and public sector banks yielded Rs 1.39 trillion

Low base pushes up India's economic growth way ahead of others in Q1 FY22

Q1 GDP data: India's economic growth closer to UK's

Why GDP expansion by 20.1% in Q1 of FY22 is misleading

Distorted base of last year's stringent nationwide lockdown obscured devastation of second wave of Covid-19 that came with staggered state-wise curbs in Q1 of current fiscal

Consistent performer: Despite high base, agri sector clocks growth

Rain in August this year was 24.1 per cent less than the normal

Economy to see robust growth on back of structural reforms, capex push: CEA

GDP data re-affirms govt's prediction of an imminent V-shaped recovery, says K V Subramanian

Economic growth may not hold if private spend dips, say economists

Economists say revival will hinge on govt spending, policy support

Two years lost

Second wave damped hopes of recovery in Q1

Why we still need economic planning

The book makes theoretical and empirical arguments to show why India still needs planning even more than before

Does the economy need more people?

In the age of technological disruptions and climate change, the case for a young and fast-growing population driving India's economy is growing weaker

Off track: Declining operating ratio shows Railways' poor financial health

Railways' accounts reveal it spent Rs 98 to earn Rs 100 in 2019-20. Business Standard analysis shows accounting practices mask the actual operating ratio