Page 245 - Indian Economy

Came out of Covid unscathed; see huge growth potential: India Cements MD

Vice-chairman and managing director N Srinivasan, in an interview with Shine Jacob, talks about his company's limestone reserves, the controversies involving Chennai Super Kings, and more

The many paths to a greener future

Jayant Sinha and Anshu Bharadwaj note that India is demonstrating a new paradigm in which economic growth does not have to go together with the consumption of fossil fuels and increasing emissions

Ease vs cost of doing business in India

Business index rankings have become a substitute for addressing the fundamental constraints faced by entrepreneurs

India's economic fundamentals strong, recovery underway, says Deepak Parekh

Weak credit growth, however, remains the key laggard

ADB lowers India's economic growth forecast for this fiscal to 10%

Asian Development Bank has downgraded India's economic growth forecast for current financial year to 10 per cent on Tuesday, from 11 per cent projected in April, on account of coronavirus pandemic

Patchy monsoon rain raises growth and inflation worries for India

The monsoon has now revived, but the delay and poor precipitation will hurt the sowing of crops such as rice, cotton and soybeans.

BS Number Wise: One litre petrol takes 30% of Indians' average daily income

Fuel taxes give a bonanza to the government, but also dent the affordability for low income earners

Tax reduction, cost cuts buoys India Inc net by 105% in FY21: Report

This comes even though the topline declined 5 per cent

Rising fuel prices further dent stressed sectors of India's economy

Central and state governments have hiked taxes on fuels, pushing retail fuel prices to record highs in most of the country.

Around 10.9 million MSME borrowers gets guarantee support under ECLGS

Around 10.9 million MSME borrowers have been provided with guarantee support amounting to Rs 1.65 trillion as of July 2 this year under the ECLGS

Strong fundamentals, market size will attract foreign investments: FM

India's strong fundamentals and market size will continue to attract market-seeking greenfield investments, Finance Minister Nirmala Sitharaman said in a written reply to Lok Sabha

Private lenders seen trouncing state peers in India's economic recovery

Many shareholders will be on the lookout for indications that private lenders have enhanced already stronger buffers to give them more wiggle room to step up lending in an eventual recovery

Central banking conundrum

RBI should not continue to ignore inflation risks

Global growth boom may disappoint, says Morgan Stanley's Ruchir Sharma

Sharma, who is the author of bestsellers including "Breakout Nations" in 2012 and "The Rise and Fall of Nations" in 2016, isn't predicting a global bust

Soaring digital thermometer import shows Covid-19 pandemic reading

Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted

Markets priced to perfection; don't factor in third Covid wave: Jigar Shah

The markets are priced to perfection and do not take into account a third wave., says Shah

Covid resurgence, OPEC supplies hike could come to India's aid

The increase in Covid cases globally have made the oil market uncertain as it has the potential to erode demand quickly

Best of BS Opinion: Fuel price surge, the path to herd mortality & more

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

Wide-ranging reforms make India attractive destination for investment: FM

India's continuous wide-ranging reforms make the country an attractive destination for foreign investments, Finance Minister Nirmala Sitharaman said on Friday while addressing executives of top US companies. She also mentioned about stimulus packages announced recently; as well as strong, calibrated relief and reforms during COVID leading to sharp decline in new infections with ramping up of the vaccination programme. Addressing a round-table organised by the US India Business Council (USBIC) -- attended by representatives from prominent foreign firms like General Electric, Baxter Healthcare USA, Brambles, Marsh & McLennan, PepsiCo, amongst others, the Finance Minister said India and the US have set an ambitious target of achieving USD 500 billion in two-way trade. Continued macro-economic stability and resilience in economic recovery in the recent months, focus on infrastructure-led economic growth, and multi-sectoral opportunities for investors are some of key highlights shared .

High food inflation a worry, says Niti Aayog CEO Amitabh Kant

He also said the state governments must take the lead in instituting labour reforms and rationalising costs of power to the industry