Page 247 - Indian Economy

'Distress sale': Indians offload gold heirlooms as Covid deepens pain

With fewer banks around, people in rural areas rely on gold in times of need as it can be easily liquidated

Industrial output up 29.3% in May due to low base, drops 8% sequentially

In May last year, IIP had shrunk 33.4% due to imposition of a nationwide lockdown to contain the spread of the Covid-19

Adani sees Indian economy growing to $15 trillion in two decades

The Indian economy was worth $2.89 trillion before the pandemic, which wiped off over 7 per cent of the total economy.

Middle class consumption will create $15 trn Indian economy: Gautam Adani

Group's focus is on creating long-term sustainable value, says businessman

Best of BS Opinion: Bad loan resolution, Covid-19 vaccines, and more

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

Diminished role for commerce ministry in export promotion may continue

With the Commerce Minister holding the additional charge of the Textiles Ministry, it is likely that more funds will be diverted to encourage exports of labour intensive textiles.

Agriculture, engineering products set to propel export growth in Q1

Robust demand from key markets, rally in commodity prices help bring buoyancy

Did central planning end in July 1991?

Government picking winners is alive and well

India poised for double-digit growth this fiscal, says Niti Aayog VC

The Indian economy has been adversely impacted by the coronavirus pandemic and the recovery has been relatively sluggish

Reserves remove doubt on ability to act: RBI Governor Shaktikanta Das

Economic activities are expected to improve further going into July or into the second half, says Governor Das

New 10-year bond at 6.1% signals RBI's tolerance for higher yields

Bond dealers welcome move, say this would help correct distortion in the yield curve

Hasty withdrawal of easy policy can undo gains: RBI Guv Shaktikanta Das

Inflation is showing signs of stickiness, but it is only a "transitory hump" that should moderate in the third quarter, he said.

Manufacturing trouble: Covid robs Moradabad's Brass City of its polish

SMEs struggling, recovery slow; rise in key raw material cost hurting exporters

Oil on the boil

Domestic production of oil and gas has been lagging

After the latest hike, LPG is now costlier than electric cooking in Delhi

A 14.2-kg domestic LPG cylinder costs Rs 843.5 in the national Capital

Leasing of warehousing space slumps 23% across 8 cities in FY'21

Leasing of warehousing space fell by a maximum of 42 per cent in Ahmedabad and Pune during the last fiscal at 3 million sq ft and 2.8 million sq ft, respectively.

India seeks more cooperative, integrated future for Indian Ocean region

India on Tuesday said that it is seeking a more cooperative and integrated future for the Indian Ocean region through the overall development of the ocean or blue economy

India coming out of 2nd wave; will see strong economic recovery: Jaishankar

India will witness a strong economic recovery and contribute to being an engine of growth for the global economy, External Affairs Minister S Jaishankar said

Finance ministry begins an independent survey on faceless scheme

The survey will cover about 200,000 scrutiny cases, which will include complex cases as well

Govt may make Bureau of Indian Standards must for public procurement

The development comes in the backdrop of the government's focus on increasing manufacturing and production of goods in the country