Page 30 - Economic Recovery

Economic recovery fizzling out? Core sector output shrinks 2.6% in November

Impact on IIP likely even as some economists believe consumer goods might tone it down to some extent. Core sector accounts for 40.27% of IIP

Happy 2021. Break out the innovation

Indian industry must drive our economic recovery through innovation and exports

It's a mystery why economists persist with imperfect methods of economics

The most important part of economics is its method. In the first of a three-part series of columns, T C A Srinivasa Raghavan looks at how it is going about its business now as opposed to the past

Our economy will grow at 10% in 2021-22 in real terms: NITI Aayog

India's economy will grow at 10 per cent in real terms and by the end of next year it will reach pre-Covid-19 level, NITI Aayog Vice-Chairman Rajiv Kumar said

Retail inflation for industrial workers eases to 5.27% in November

Retail inflation for industrial workers eased to 5.27 per cent in November compared to 5.91 per cent in October, mainly due to lower prices of certain food items. "Year-on-year inflation based on all items stood at 5.27 per cent for November, 2020 as compared to 5.91 per cent for the previous month (October) and 8.61 per cent during the corresponding month of the previous year," a labour ministry statement said. It said that the food inflation stood at 7.48 per cent in November as against 8.21 per cent in the previous month. Food inflation was at 9.87 per cent in the year-ago period. The retail inflation measured in terms of all-India CPI-IW (Consumer Price Index for Industrial Workers) for November increased by 0.4 points and stood at 119.9 points. The maximum upward pressure in the current index came from Food & Beverages group contributing (+) 0.25 percentage points to the total change. At an item level, prices of Rice, Arhar Dal, Fish Fresh, Milk, Mustard Oil, Soyabean Oil, ..

India's April-November fiscal deficit tops 135% of full-year target

Net tax receipts were 6.88 trillion rupees, while total expenditure came to 19.06 trillion rupees

Novel coronavirus shook, rattled and rolled the global economy in 2020

The International Monetary Fund estimates the global economy to have shrunk by 4.4% this year compared with a contraction of just 0.1% in 2009, when the world last faced a financial crisis

Big stimulus works, but fiscal policy burdened by politics is a problem

For all the pre-pandemic talk about central banks being out of ammunition, ​​​​​​they were able participants in the nascent recovery

On path to recovery, here's how Covid has changed the world economy forever

Measured by output, the world economy is well on the way to recovery from a slump the likes of which barely any of its 7.7 billion people have seen in their lifetimes

2020, the year that was: Coronavirus shadow may not go anytime soon

Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021

India eyes asset sales to partly fund higher spending next year: Report

India had aimed to raise more than $28 billion this fiscal year by selling stakes in companies such as Bharat Petroleum Corp Ltd, Container Corp of India and others

World shares edge higher as hopes turn to stimulus, Covid-19 vaccines

World shares edged higher as some markets wrapped up trading for 2020, anticipating a dose of fresh support for the US economy

Muzzling critics, mishandling defaults: The big mistakes China made in 2020

Many good things can be said about China. Wearing a mask isn't a political debate. Bureaucrats take virus testing so seriously that some measures go overboard

Corporate India expects quick turn around in 2021, says report

2020 has been one of the most challenging years as several businesses collapsed due to the global pandemic. As recovery takes root, many in India Inc expect a quick turnaround in demand cycle in 2021. As per a joint report by Bain & Company, Google and AWE Foundation, demand will be back to pre-lockdown levels in just three months from now.

From the brink to recovery, India's retail sector pins hope on 2021

India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-Covid business in the first half of the new year

Businesses continue to see improvement in performance: FICCI survey

The opening up of economy and implementation of a broad set of measures under 'Atmanirbhar Bharat' package have led to a continuous improvement, the survey said

India struggled to balance virus containment with economic growth: JPMorgan

India, Indonesia and the Philippines have struggled to balance virus containment with the need for economic growth

We want to make India a superpower: Defence Minister Rajnath Singh

India has the potential to become a superpower and it needs significant achievements in the fields of education, health and industry to make the cut, Defence Minister Rajnath said

Hiring set to bounce back in 2021 while key industries recover: Naukri.com

Hiring activities will bounce back in the coming year as major industries are recovering from the impact of Covid-19, according to a Naukri.com survey

Businesses improving, India Inc expecting better results in 2021: Survey

The findings are from a joint survey conducted by FICCI and Dhruva Advisors showed on Monday