Page 89 - Indian Economy

A balanced response to inflation

A large across-the-board increase in interest rates is a cure worse than the disease

India's Dec factory output growth at 10-mth low of 0.4% on Covid disruption

Manufacturing output contracted 0.1% while mining and electricity grew at 2.6% and 2.8%, respectively

Checked inflation even when Covid hit us, says FM Nirmala Sitharaman

CPI inflation at 6.2% now, was 9.1% during 2008 financial crisis, she says

Exports: Has white-collar success trumped India's blue-collar viability?

If India were trading in only goods, a massive deficit of about $150 bn would have forced down the rupee's value, making Indian manufactured goods cheaper in export markets, writes T N Ninan

Budget brings stability, inflation less than that during 2008 crisis: FM

There is no question of a slowdown or recession, said Sitharaman, as she cited an estimated 9.2 per cent GDP growth in the current fiscal year ending March 31

Internet connectivity in rural India growing at fast pace: Sitharaman

Rural internet user base is growing three times faster and is likely to surpass the urban user numbers soon, said Finance Minister Nirmala Sitharaman in the Rajya Sabha

Govt contained inflation at 6.2% despite biggest contraction in economy: FM

Sitharaman said that the government is also encouraging startups which resulted in creation of many unicorns during the pandemic.

India's internet economy poised to be $1 trn economy by 2030: RedSeer rpt

The expansion is being fueled by a rapidly increasing internet penetration rate, high-speed internet access, and increased online shopping and digital content consumption

Spurious macroeconomic analytics

The expenditure specific multipliers that are being cited to proclaim this Budget as expansionary have no analytical foundation.

Centre's GDP deflator forecast for FY23 is 3-3.5%: FM Nirmala Sitharaman

Based on Sitharaman's statement, the finance ministry's own real GDP projection is closer to that of the Reserve Bank of India

Monetary policy meeting: We are not behind the curve, says RBI

The rates - whether repo or reverse repo - present a particular stance. They are reflective of the stance adopted by the RBI, said RBI Governor Shaktikanta Das

Railways on divergent tracks: Gap between forecasts and reality is widening

The gap between forecasts and reality is widening for India's largest public-sector operator

India among top 5 economies for ease of starting new business: Survey

As many as 83 per cent believe that there are good opportunities to start a business in their area - second globally

Consumer confidence showing gradual improvement, says RBI survey

The survey also covered employment scenarios, overall price situation and own income and spending from 5,387 households across these cities

Top headlines: Das says cryptos have no underlying value; M&M Q3 net surges

Here are the top headlines on Thursday

Capital gains tax regime needs to be tweaked: Revenue secretary Tarun Bajaj

Revenue secy says rates and holding periods should be streamlined

Budget 2022: Some musings

The worrisome issue of fiscal consolidation remains a major concern

Lion's share of unspent balances is with social sector ministries: CGA data

Merely bumping up money to spend will not lead to faster utilisation; CGA has identified a host of reasons for balances lying idle, not least of which is the pandemic

Top headlines: 'OMCs' margins to improve'; 1st phase of UP polls tomorrow

Here are the top headlines on Wednesday

FY23 capital outlay plan for CPSEs projected to dip 1.21% year-on-year

Govt to shift part of CPSEs debt to itself as it infuses more equity