Page 259 - Indian Economy

GST revenue shortfall: Centre may have to borrow Rs 1.58 trillion

Shortfall estimated at Rs 2.7 trn; Rs 1.1 trn may be met via cess collection

Economic impact of Covid-19 is huge, world won't be the same: PM Modi

Remarks come in the backdrop of rating agencies revising growth forecasts as the second wave has impacted economic recovery and increases the risk of long-term scarring

The coming long spell of demand drought

Looks like India's demand curve has shifted downwards for a couple of years at least, writes Shailesh Dobhal

Vaccination: The $5 trillion question

The answer to the question of how to vaccinate a billion Indians is perhaps to be found in basic economics

Inflation back on higher input prices, rural economy disruptions: Crisil

Higher input prices and disruptions to the rural economy have resulted in price pressures and inflation is back to haunt us, a rating agency said in its research report on Wednesday.

Limitations of India's Covid response

Economic recovery will remain feeble till the pandemic is convincingly controlled

India's Q4 GDP data likely to be better than estimates, say experts

However, for the full fiscal year, they see economy contracting 7-8%

Centre deciding Covid-19 jab quota leads to lower allocation, say states

But vax makers say centrally controlled allocation efficient

Borrowers' falling fleet use, cash flows to hit vehicle financers: Ind-Ra

Drop in collection efficiency to materially impact vehicle financers' asset quality, as rising fuel cost would reduce borrowers' ability to service debt

Govt assessing economic impact of second Covid wave for possible stimulus

The government has begun assessing the impact of the second wave of infections on different sectors and may look at providing support at an appropriate time to segments requiring fiscal help

India's GDP to grow at better-than-expected rate of 1.3% in Q4: SBI report

The estimate in SBI report compares with NSO (National Statistical Office) projection of a negative (-) 1 per cent

Barclays pegs India's FY22 GDP growth at 7.7% in bear-case scenario

Our pessimistic tail-risk scenario assumes another wave of infections and a two-month period of restrictions that disrupt economic activity, Barclays said

India attracts record FDI of $81 bn in FY21; Gujarat remains top recipient

Despite Covid shock, equity inflow grows 19%; Gujarat remains top recipient

Recovery tracker: Power generation lower than during May 2020 lockdown

This week power generation fell below the last year level indicating continued deceleration in economic activity from the lock­down

Icra pegs Q4 GDP growth at 2%; projects 7.3% contraction in FY21

Domestic ratings agency Icra on Monday forecast a 2 per cent GDP growth in the fourth quarter of 2020-21, and a 7.3 per cent contraction for the full fiscal year

Fiscal vs monetary policy, under uncertainty

Heightened uncertainty from a second wave is likely to increase the relative efficacy of fiscal vis-a-vis monetary policy

Mix of fiscal, monetary policies to mitigate economic downturn: RBI study

RBI study saying demand side channel needs to be complemented with a conducive monetary transmission mechanism from the supply side.

Best of BS Opinion: A recovery interrupted, RBI's disclosure dilemma & more

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

RBI's new restructuring package for small borrowers: Will it work?

The new restructuring package for small borrowers has little chance of taking off

Centre, states stare at Rs 2-trillion GST cess gap amid Covid-19

The GST compensation of states is expected to widen to Rs 2.5-3 trillion in FY22 as against the cess collection of Rs 1 trillion estimated in the Budget