Explained Economics

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Explained: How will IndiGo’s three-door disembarkation process work; how will it help the airline and its passengers?

August 6, 2022 08:02 IST

Passengers on certain IndiGo flights will be able to leave the aircraft through three — instead of the usual two — doors. IndiGo says this will make the process faster.

Explained: The RBI’s latest round of rate hike, and how it will impact your loan EMIsSubscriber Only

August 6, 2022 09:24 IST

RBI Repo Rate Hiked: Inflation has peaked and is expected to soften — but there are a range of global challenges to negotiate. Monetary policy has to, therefore, act, Governor Shaktikanta Das said

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Explained: What Axis Bank’s acquisition of Citi consumer businesses will mean for customers, investorsSubscriber Only

August 6, 2022 08:29 IST

Axis Bank-Citibank deal explained: Axis Bank is acquiring Citibank’s consumer businesses for Rs 12,325 crore. How will it impact the customer? And how will it benefit investors in Axis Bank?

Union Finance Minister Nirmala Sitharaman speaking to media after 47th GST Council Meeting in Chandigarh on Wednesday, June 29, 2022. (Express photo Jasbir Malhi)

Explained: What lowering of e-invoicing turnover threshold under GST to 10 crore from Oct 1 seeks to achieveSubscriber Only

August 4, 2022 12:12 IST

The turnover threshold for e-invoicing has been halved to Rs 10 crore effective October 1 this year under the Goods and Services Tax (GST) regime. What does this signify?

Sajjid Chinoy at an Explained event in New Delhi. (Express Photo: Praveen Khanna, File)

Sajjid Chinoy: No free lunch when hit by global shock; defending Rupee has its tradeoffsSubscriber Only

August 3, 2022 08:36 IST

Sajjid Chinoy said with every one rupee depreciation of the dollar-rupee rate, inflation picks up by 8-10 basis points and even though the pass through effect of the exchange rate movement on inflation is higher than expected, it is not completely driving the inflation rate.

A total of 51.2 GHz of spectrum was sold of the total 72 GHz that was up for grabs – close to 71%.

Explained: As the 5G spectrum auction concludes, who bought what bands and why?Subscriber Only

August 2, 2022 18:14 IST

5G auction: How much spectrum was bought by the applicants? How did Jio, Airtel, Vodafone Idea and the Adani Group bid? How competitive was the bidding? What next?

The gross GST collections have risen 28 per cent (File photo/Representational)

Explained: 3 reasons why GST collections continue to surgeSubscriber Only

August 2, 2022 04:59 IST

Experts say that action against tax evaders, including steps being taken by state authorities, have resulted in better compliance and helped push the growth in GST collections along with economic recovery and higher inflation rate.

Every percentage point of GDP growth that happens in the coming years is likely to create even fewer jobs, thanks to technological advancements. (Express Archive)

ExplainSpeaking | Global bright spot or the one-eyed king: Making sense of India’s GDP growth projectionsSubscriber Only

August 2, 2022 18:53 IST

Employment data both from MGNREGA and the annual report of companies shows that even an 8.7% GDP growth rate in FY22 was not adequate to create enough jobs. Here’s why India’s K-shaped economic recovery has several ‘K’s within it.

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Explained: ITR filing deadline is over, this is what you need to know if you did not file your return by July 31

August 1, 2022 19:02 IST

You still have until December 31, 2022 to file ‘belated’ ITRs for FY 2021-22, along with a penalty of Rs 5,000 if your total annual income is more than Rs 5 lakh. If it is less than 5 lakh, the penalty will be Rs 1,000.

The Bombay Stock Exchange in Mumbai. (Express Photo: Ganesh Shirsekar)

Explained: Markets rising, should you invest for short-term gains?Subscriber Only

July 29, 2022 17:04 IST

Over the last six weeks, the Sensex with a return of 10.5% has been one of the best performers among key indices across the world. Why has it risen, and what can be expected?

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Explained: Why the govt plans to scrap the decades-old Coffee ActSubscriber Only

July 29, 2022 17:04 IST

The government is planning to replace the 80-year-old Coffee Act with the new Coffee (Promotion and Development Bill), 2022, which has been listed for the Monsoon Session of Parliament. Here's why

Explained: Why Facebook parent Meta saw first-ever fall in quarterly revenue, and what’s nextSubscriber Only

July 29, 2022 17:05 IST

Meta CEO Mark Zuckerberg said a major reason was the current economic downturn that impacted digital ad sales, Meta’s core business.

EXPLAINED ECONOMICS NEWS - Page 44