Page 253 - Indian Economy

Retail inflation jumps to 6-month high of 6.3% on higher food, fuel prices

Breaches RBI's comfort level in May on the back of costlier food items

A new idea of India

The values the G7 espouses must be followed

DGTR puts up anti-absorption draft norms

The DGTR has framed the draft rules outlining the processes that will be followed for conducting the necessary investigations

Direct tax mop-up zooms 85% in spite of economic disruption due to Covid-19

Trend in contrast to moderation in GST collections last month

India's industrial output surges 134% in April on low-base effect

IIP for the mining, manufacturing and electricity sectors for April stood at 108, 125.1 and 174, respectively

Demonetisation, Covid-19 brought Indian economy to its knees: Kaushik Basu

Basu worries that a 'dispirited' India may be behind the country plummeting from one of the fastest growing economies towards the bottom of the heap in a short span of four years

What's the price of a life? A case for compensation to kin of Covid victims

The prospect of a compensation will incentivise reporting of deaths and ensure we get more accurate statistics. It will also act as pressure and force govts to control the situation, writes T N Ninan

Best of BS Opinion: Threat of third Covid wave, another Cong crisis & more

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

India's agriculture exports jump 17.34% to $41.25 billion in FY21

India is seeing growth in the export of cereals, non-basmati rice, wheat, millets, maize, and other coarse grains.

Economy poised to shrug off second wave

Hard-hearted as it may sound, there is no correlation between the loss of lives and national output

Indian labour market now in worst condition since Apr-May 2020: CMIE

The employment rate continues to worsen amid the second wave of Covid-19

UP govt favours GST cut on Covid items to facilitate patients: State FM

The panel looked into Covid-19 vaccines, drugs, and medicines for Covid-19 treatment and testing kits for coronavirus detection.

Minimum wage conundrum

Govt will need to strike the right balance

Faster Covid vaccination critical for economic recovery, says FinMin

Expects manufacturing, construction sectors to be in stress in ongoing qtr

10-year bond is no longer the rate signal for the economy, say experts

Most of the 10-year security is now with the RBI, and a segment of the bond market says the central bank must increase the liquidity of this segment

Quicker vaccination coverage critical for regaining growth momentum: FinMin

Quickening the pace and coverage of vaccination of people is critical for regaining growth momentum as economic activities are inextricably linked to the path of pandemic, the finance ministry said

TeamLease Services shares close nearly 6% higher after Q4 earnings

Shares of staffing company TeamLease Services on Wednesday jumped nearly 6 per cent after the firm reported a consolidated profit after tax (PAT) of Rs 19.64 crore for the quarter ended March 2021.

May retail inflation likely rebounded to 5.3% on higher food prices: Poll

Higher international prices for commodities including crude, edible oils and gold are clearly spilling over into consumer inflation, says an economist

India loses 5-7% of GDP due to corrosion: International Zinc Association

The association also stressed upon the need for immediate and appropriate measures by authorities to control further damage.

India's apparel industry expects robust external demand to drive growth

According to him, there is a pent-up demand for textiles and apparel, which was tepid a year ago owing to Covid-induced lockdowns