Page 14 - India Economy

'Economy shifting to different plane', India needs big banks: Sitharaman

The National Asset Reconstruction Company, cleared by the cabinet 10 days ago, should not a be called "bad bank", Finance Minister tells banks association.

India's income divide narrows, wealth divide persists: Survey data

The top 10 per cent among the country's households own more than 50 per cent of the assets.

'Bad bank' and development finance institution are Modi govt's bad legacies

Over years, the two institutions will become agents of uncertainty as the government tries to make them work to avoid adverse criticism.

Amazon, Microsoft, Cisco swoop in on $24 billion India farm-data trove

Govt signs preliminary agreements with the three US titans and a slew of local businesses, seeking to reform agriculture industry.

Ford leaves India, prompting question about capital intensity and industry

The higher the capital intensity the fewer the number of companies an industry is able to support.

India's economy bounced back more than it went down during Covid: PM Modi

Modi said that when big economies of the world were busy defending themselves during the pandemic, India was engaged in reforms

India merchandise exports to grow 33% to $98.45 bn in Q2 of FY22: Exim Bank

Non-oil exports will grow 28.3 per cent, says the institution as it attributes growth to low-base effect.

India's school lockdowns have robbed a generation of upward mobility

A thriving edtech market caters mostly to the needs of the wealthier segments of the population, writes Andy Mukherjee.

Statsguru: Where flagship welfare schemes of Modi govt stand after 7 years

Business Standard looks at eight key schemes of this government

August service activity grows at fastest pace since pandemic began

The IHS Markit Services Purchasing Managers' Index rose to 56.7 in August - its strongest pace since the pandemic hit the country in March 2020.

GDP: The base matters but it is not the only thing that matters

Economic recovery is taking place: you can argue over its pace but denying it altogether is being wilfully blind.

Build smart infrastructure to improve ease of access: DEA Secy Ajay Seth

Economic Affairs Secretary Ajay Seth on Thursday underlined the need for building smart infrastructure to improve ease of access

Jobs lost, wages cut: India's world-beating GDP masks pain of the pandemic

An economy that performs well below potential for too long will suffer a permanent loss, writes Andy Mukherjee.

LIVE: After Centre's warning, Karnataka tightens curbs on Kerala passengers

Covid-19 live updates: India administers more than 12 million doses Tuesday; Uttar Pradesh grapples with mystery fever as Covid cases fall.

Sticky, low consumer sentiments could spoil recovery

The persistence of poor consumer sentiments has ramifications on the sustainability of India's recovery from the sharp fall in 2020-21

Asset monetisation plan must meet 3 prerequisites to succeed

Whether or not the government succeeds will depend on how successfully it controls the bureaucracy involved in the scheme.

Jerome Powell speech unlikely to stir India markets, deter foreign inflows

On the contrary, flows into India may surge if the Covid situation remains in control, say experts

For growth and investments, Modi's green new deal might actually work

If the government can reduce investment risk in greener sectors and make them attractive investment propositions, it might well turn around its economic record.

Not just tycoons, India's asset monetisation plan must treat all fairly

Australia has lessons for India's plan on managing a fair deal for taxpayers and ensuring public utilities work and are affordable.

It's 'extremely critical' for MPC to maintain credibility: Jayanth Varma

Central bank is risking making inflation entrenched with its easy money policy, says dissenting member of Monetary Policy Committee.