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Friday, May 07, 2021

India economy

INDIA ECONOMY NEWS

After 7 years, deprivation, disease & death

April 25, 2021 9:24 am

The quality of governance has sunk to an abysmal low. The result is what we see around us — deprivation, debt, disease and death.

Q4FY21: India Inc set to end year on a high note

April 12, 2021 4:38 am

Revenues should grow to multi-quarter highs in Q4FY21 on the back of better volumes and higher prices. But profits would also get a boost from cost savings and better operating leverage, much like they have in recent quarters.

A post-Covid fiscal framework for India

April 07, 2021 8:48 am

Government should plan to gradually improve its primary balance. This would protect against the risk of the growth-interest differential turning unfavourable.

Localised lockdowns in second wave set to hit services recovery

April 01, 2021 7:37 am

High frequency indicators have begun to reflect some moderation due to administrative clampdown in a bunch of districts including Maharashtra and Gujarat.

Rakesh Singh: ‘Industry has started planning future investments; govt steps will help it grow bigger, better’

March 29, 2021 12:29 am

He said the Aatmanirbhar Bharat focus has provided clarity on what we need to make, the cost structures and how will these products be locally and globally competitive.

V-shaped recovery, GST collection over Rs 1 lakh cr each month due to steps during pandemic: Anurag Thakur

March 19, 2021 1:23 am

The minister said, “You see the GST collection figures for the last five months, it has crossed the mark of Rs 1 lakh crore every month. This happened due to the steps we had taken during Covid.”

The bad news from state budgets

March 18, 2021 9:15 am

States have spent less in this year, may focus on fiscal consolidation in the year to come. This belies hopes of a public-spending-led recovery.

Container shortages slow down exports growth in February

March 16, 2021 12:15 am

In February 2020, trade deficit was at $10.16 billion. Imports, too, rose last month, by 6.96 per cent to $40.54 billion, the data showed.

‘Economy looking at V-shaped recovery’: Anurag Thakur

March 14, 2021 4:21 am

Anurag Thakur further said the country’s foreign exchange reserves, which have been rising steadilyover the last few months, had touched all time high at $590 billion in January 2021.

Factory output slips back into negative, retail inflation rising

March 13, 2021 3:31 am

The sharp pickup in inflation is indication that the RBI may need to have another look at its accommodative stance going forward.