BUSINESS
Factory activity recovers to eight-month high of 58.1 in March
GST collections end the year at an 11-month high of Rs 1.96 lakh crore, while UPI transactions come close to Rs 25 lakh crore
PODCAST
Beyond Averages: Would There Be A Clear Winner Between North And South India In The Delimitation Exercise?
The government and opposition are clashing again—this time over delimitation. With the process set to begin after the 2026 census, southern states, led by Tamil Nadu CM MK Stalin, are pushing back against population-based delimitation. Stalin is calling for a 25-year freeze while demanding a "fair" approach—but what’s fair for the South may not be for the North. Tune in as Ishaan Gera discusses the complexities of this debate with Ajit Phadnis, Associate Professor at IIM Indore, and Paras Jasrai, Senior Analyst at India Ratings & Research.
BUSINESS
India's economy ends financial year on strong note: Check how top metrics performed
GST collections rise to 11-month high, auto sales rise for most major manufacturers, UPI transactions surge to highest level
BUSINESS
US trade body cites MSP ‘distortion’, internet shutdowns and data localization in report
A comparison from the report under previous regime, released last year in March, found the US trade office raising the issue of agriculture subsidies and calling the system of MSP and public procurement as unfair.
BUSINESS
UPI transactions rise to record high of Rs 24.8 lakh crore in March
The average transaction value was also higher at Rs 79,903 crore a day, up 1.9 percent from February. Volumes rose 2.6 percent
BUSINESS
Majority of Indian youth spend 2 hours on mass media: MoSPI report
In 2024, 84.7 percent of Indian men in the 15-29 age group and 71 percent of women in the category used mass media, with each spending 120 minutes a day on the activity
BUSINESS
Reciprocal tariffs: Brazil, India, Vietnam face 'high risk' of Trump's actions, says Fitch
India is trying to sign a bilateral trade deal with the US to escape reciprocal tariffs. The US trade representatives are in Delhi for negotiations from March 25-29.
BUSINESS
India’s current account deficit remains unchanged at 1.1% of GDP in Q3FY25
India’s merchandise imports grew 6 percent in the third quarter to $186.7 billion, but a pick in demand helped exports rise to $109 billion and bring down goods trade deficit
BUSINESS
Core sector output falls to five-month low of 2.9% in February
GDP data released last month showed that manufacturing would likely grow 4.3 percent in FY25, compared with 12.3 percent in the previous fiscal
BUSINESS
April-February fiscal deficit lower at Rs 13.5 lakh crore, capex spending also slower at 80% of FY25 target
India's capex lagged at Rs 8.1 lakh crore, and with a month to go, Centre may have to spend Rs 2.1 lakh crore in March to reach the Budget target of Rs 10.2 lakh crore for FY25.
BUSINESS
Here's why smartphone exports may weather the Trump tariff storm
In 2024, India's smartphones exports to the US rose 50 percent. The country exported $20.4 billion worth of smartphones in the year
ECONOMY
Southern states' share in India's GDP has caught up with that of North, Central India: MC Analysis
In 1970-71, the share of northern states in the Indian economy was 40 percent higher than that of South India, which had a 24.6 percent share of India’s GDP. Five decades later, the share of southern states is nearly as much as the Northern and central parts of India.
BUSINESS
Trump tariffs: US' heavy dependence on some Indian imports may force re-think
Smartphones and turbo jets are among the fastest-growing exports from India
BUSINESS
Trump's auto tariffs: Nearly 16% of India's car, component exports headed to the US in 2023
Donald Trump's latest tariff announcement will likely hit Indian auto component makers harder that the car manufacturers
POLITICS
India would need over 1,600 parliamentarians if size of a constituency is limited to 1 million people: MC Analysis
Uttar Pradesh, Bihar, Rajasthan would only witness a slight gain in their seat share if constituencies are decided per the 1 million limit
BUSINESS
North leads in overall solar capacity addition, but South is closer to potential: MC Analysis
India plans to nearly triple the solar installed capacity to 280 GW by 2030, achieving nearly 40 percent of its potential.
BUSINESS
India’s energy intensity improved in FY24: Stats ministry report
Improvements in energy intensity over the last decade have helped save 399 million tonnes of emissions
BUSINESS
Venezuela’s share in India’s oil imports was declining before US sanctions
The South American nation had a 10.3 percent share in India’s imports in 2013, this declined to 5.6 percent by 2019 and further to 3.6 percent in 2020
BUSINESS
Delhi Budget: Expenditure to grow 44% to Rs 1 lakh crore in FY26, fiscal deficit to see a nine-fold rise
Delhi is expected to avert slipping into a revenue deficit in the coming fiscal, with a projection of revenue surplus rising to Rs 9,661 crore, owing to higher non-tax revenue, especially transfers from the Centre.
BUSINESS
Population-based delimitation to hit Tamil Nadu; Bihar under-represented if freeze continues
Bihar, Rajasthan and UP will be at least 10 percent under-represented if there is a freeze on delimitation; Tamil Nadu and Kerala are to lose more if population is a deciding factor
BUSINESS
Why M K Stalin is irked over delimitation amid a deep North-South population divide
he population share of southern states has likely shrunk from 24% in 1971 to 19.7% in 2023. West Bengal and Odisha have also seen their population share decline.
BUSINESS
India’s humble onion has gone places in past decade — from Middle East to Europe
Last week, the government removed the 20 percent export duty on onions it had imposed in September
BUSINESS
Private sector activity eases in March to 58.6; business confidence hits 7-month low
The HSBC Flash India Composite PMI has stayed above the 58 mark for the second consecutive month after dipping to 57.9 in January
BUSINESS
Stats ministry to tap GSTN, MCA, Udyam portal to launch business register
The effort, a first of its kind outside the Economic Census, is expected to help track the changes in the business environment of the country
