Page 271 - Indian Economy

Economy since 2009: Fact and Fiction?

While many contemporary economists seem to have lost interest in economic history altogether, those born before 1980 have turned most unbecomingly partisan

Buy stocks on any decline to make a good return in FY21-22

Analysts revised the earnings estimate multiple times - from an EPS contraction in FY21 to the latest estimates of a around 15 per cent growth. Moreover, FY22 EPS is expected to grow further by 30%

Rational expectations

Evolving conditions would lead to adjustment in markets

Rupee logs over 4% gain this fiscal amid headwinds on economic front

Experts said sustained foreign fund inflows into India's listed stocks ensured a strong year for the Indian currency

Second Covid-19 wave: Night curfew pushes Patiala biz to the brink

The hospitality sector, which was gradually picking up after the lockdown, is one among many that is feeling the heat

Car buyers in India moving up value chain despite salary cuts, job losses

Maruti Suzuki India (MSIL), the market leader, has seen the contribution of mid- and top-end variants as the percentage of a model's sales mix goes up

Status check of PLI schemes that aim to make India world's factory

Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers

Govt may wait for clarity before announcing new foreign trade policy

The latest trade figures show that between April 2020 and February 2021, exports of merchandise and services stood at $439.64 billion

Best of BS Opinion: The missing foreign bogey, income volatility, and more

Here's a selection of Business Standard opinion pieces for the day

India's goods exports to stand at $290 bn in FY21, says Piyush Goyal

India's goods exports will stand at USD 290 billion for the financial year ending March, 7 per cent short of the shipments in the previous fiscal, Union Minister Piyush Goyal said on Friday. However, the minister said this was "great" considering the country has bounced back so quickly in a challenging year. India's goods exports stood at USD 313 billion in FY20. "As against about USD 313 billion of goods exports last year, we will end the year with almost 93 per cent of that, USD 290 billion. Now isn't that great," Goyal said while addressing the Times Network India Economic Conclave. Asked about big foreign firms which have made investments in India in the past year, the commerce and industry minister said Apple and Samsung have invested on a large scale in the country and expanded their facilities. Referring to the two firms, he said: "I believe they are looking at India as their prime production base to meet the needs of the world." He added that pharma companies are also lo

Centre chalks out four-point strategy to clear Suez Canal blockage

According to the government's assessment, total backlog at the waterway is likely to be cleared in a week' time

Suez Canal blockage likely to impact India's trade, say analysts

Great Eastern Shipping is still evaluating the impact, said a source close to the development

Income volatility: The new gorilla in the room

The consumption problem is one of high volatility in incomes

India's economy on path of gradual recovery: International Monetary Fund

India's economy is on the path of gradual recovery, real GDP growth, return to positive territory in fourth quarter of 2020, IMF's spokesperson Gerry Rice said

DFI goes back to the future: Will changes boost infra funding in India?

The Bill suggests that the government has learned from past mistake

Finance Bill amendment eases Mauritius funds' path for India shift

Experts reckon up to 10 per cent of such funds could shift to the IFSC

Welcome back, IBC

Govt should now focus on strengthening the NCLT

Indian economy's revival seen unabated despite Covid surge: Shaktikanta Das

India's revival of economic activity is expected to be "unabated", despite a rise in coronavirus infections in many areas and 2022 growth projections might not need to be cut, Das said

We got India as part of fragile 5, now among fastest-growing economies: FM

FM targeted the UPA over management of the economy during its rule and said NDA government had inherited India as part of "fragile five" and it has since become one of the fastest-growing economies

Amendments to the Finance Bill 2021 plug tax loophole in slump sale

Amendments to the finance Bill, 2021, say that fair market value (FMV) will be taken as consideration of the sale