BUSINESS
As ‘reciprocal’ becomes the norm, EU may go beyond whiskey, wine in its push for lower tariffs
96% of India’s imports to the EU attract less than 10% tariffs, while 93% of imports from Indonesia and China attract are taxed at 0-10%
BUSINESS
Indian men are spending less time socialising, more on leisure and mass media
The number of men socialising and participating in community events and religious practices declined to 89.8 percent in 2024 from with 91.4 percent five years ago
BUSINESS
Women spent less time on unpaid domestic work in 2024 compared with 2019
Both men and women spent more time in caregiving services, with women’s share rising much faster to 3.3 percent of total time compared with 2.6 percent in 2019.
BUSINESS
Delhi, Bengaluru lag other metros in property tax collection
The national capital and India’s tech capital's property tax collections were just 0.3 percent of their GDP in 2022-23
BUSINESS
Consuming less edible oil is healthier for India's import bill too
The edible oil import in 2023-24 (November-October) was lower at $15.9 billion compared with $16.7 billion in the previous fiscal. However, India’s edible oil bill has risen by nearly 60 percent over the last five years.
BUSINESS
India to grow at 6.4% in FY25 and FY26: S&P Global Market Intelligence
In the near term, S&P noted that tax relief and the central bank’s monetary easing will help support domestic demand
BUSINESS
Before Tesla plans, Germany was already a top exporter of EVs to India: MC Analysis
Germany has been one of the two major exporters of electric cars to India besides China. In the first 11 months of 2024, of the 6,410 imported electric cars imported, 37 percent or 2,360 came from Germany
BUSINESS
More cuts on the anvil, 78% probability of RBI cutting rate in April: MC Poll
Nearly 90 percent of the 18 economists polled by Moneycontrol expect the MPC deliver a 25 bps, or a 0.25 percentage point, cut in April
BUSINESS
Private sector activity rises to six-month high of 60.6 in February
Services activity rose to 61.1 during the month from with 56.5 in January but manufacturing dipped further to 57.1 from 57.7
BUSINESS
Indian economy to grow at 6.3% in Q3: MC Poll
For the fiscal, economists have pegged growth at 6.4 percent, in line with the first advance estimates released in January
BUSINESS
Trade tensions to impact growth in Asia Pacific; India’s growth to slow to 6.4% in 2025: Moody’s
Growth across the region will likely slow with new tariffs and softening global demand, Moody’s Analytics report said
BUSINESS
Premium EV sales are rising in India, share in total EV sales tripled in two years: MC Analysis
Of the 90,354 EV four-wheelers registered across the country in 2024, 6.6 percent or 5,926 belonged to brands whose cars were worth over Rs 20 lakh
BUSINESS
Auto, pharma, semiconductor tariffs could have repercussions for over $400 bn trade: MC Analysis
While the move will undoubtedly impact China, Canada and Mexico, analysis shows that India, Israel, Malaysia and allies like Korea, Germany and Japan will also be affected
INDIA
Farmers share less than half in prices of perishable crops like fruits and vegetables: RBI study
The survey conducted during May-July 2024 found that farmers’ share in consumer prices ranged between 40 and 67 percent, with wheat being the item where they had the largest say in prices.
INDIA
Will 2025 see a summer of heatwaves?
A Moneycontrol analysis shows that India averaged 124 heat wave days between 2010 and 2023, compared with 93 witnessed during 2000-09 and 92 between 1990 and 1999
BUSINESS
Youth unemployment rises in urban areas in third quarter as manufacturing jobs decline
Youth unemployment increased to 16.1 percent during October-December 2024, compared with 15.9 percent in the previous quarter.
BUSINESS
Urban unemployment held steady in the third quarter at 6.4 percent: PLFS data
While male unemployment inched up to 5.8 percent in the October-December period from 5.7 percent in the previous month, female unemployment dipped further to 8.1 percent in Q3FY25 from 8.4 percent in the previous quarter and 8.6 percent in the year ago period.
BUSINESS
BJP's Delhi healthcare challenge: Enrol over 6 lakh families, raise health capex
NFHS-5 data shows that just 25 percent of the households in the national capital had one member covered under a health insurance scheme, while the corresponding ratio for Chandigarh was 32 percent
BUSINESS
India’s trade with Qatar has stagnated as China’s influence over Middle-Eastern country grows
In exports from Qatar, while India’s share has been stagnant, China’s has more than doubled since 2015
BUSINESS
Trump's Tariffs: Only 5% of Chinese exports heavily dependent on US, India's dependence level at 16%
A Moneycontrol analysis indicates that of the 55 countries with which the US has significant trade deficits, 24 had over 10 per cent or more of their trade items heavily dependent on the US.
BUSINESS
Sticky US inflation, weaker rupee could mean a sub-optimal RBI rate cut cycle, say experts
US inflation in January rose percent, the highest monthly increase in two years. Though prices have eased from around 5 percent in 2023, they are way higher than the Fed's 2 percent target
BUSINESS
Where does US run deficits and whom will reciprocal tariffs hurt more?
Cars were the primary category of deficit for the US, accounting for $160 billion in 2024, closely followed by computers, where the US has a deficit of $100 billion and mobile phones, which ran a deficit of $76 billion
BUSINESS
Over 100 countries secure from reciprocal tariffs as they run trade deficit with US
While the US had a merchandise trade surplus with 125 out of 222 nations in 2012, the number declined to 116 when Trump entered office for the first term.
BUSINESS
Wholesale inflation eased to 2.31% in January
Consumer inflation declined below 5 percent for the first time in five months in January
