INDIA
Govt finds four times more enemy properties since 2012: MC Analysis
Maharashtra has witnessed the count of enemy properties rise by nearly 9 times since 2018
BUSINESS
Private sector activity slows to 14-month low of 57.9 in January
India’s economy is likely to have performed better in the third quarter after growth slumped to a seven-quarter low of 5.4 percent in Q2
BUSINESS
America’s renewable power generation increased faster during Trump’s first term: MC analysis
Analysis shows that renewable sources, except hydel projects, grew faster during Trump’s first term in office.
INDIA
India third-largest source of illegal immigrants in US, with 6.6% share in 2022: Pew Research
In Washington for the Trump's inauguration, external affairs minister S Jaishankar has said India has always been open to the “legitimate return” of undocumented Indians
BUSINESS
Ten years on, Sukanya Samriddhi scheme’s base is widening, poorer states gaining in participation
UP has 4.5 million accounts under the scheme with an 11 percent share, compared with 1.6 million by March 2019 and 25,766 in 2015
INDIA
Obama did better than Trump on removals; Indians more affected during Trump years
While an average of 340 Indians were removed during Obama’s years, Trump’s term witnessed the number rise to 1,250 per year. Trump removed twice as many more people than Biden did during the four years of his first term
BUSINESS
India’s halal trade in meat, medicines and make-up expanded to nearly $5 billion in 2023
India’s share in imports to OIC in the halal categories rose to 7.1 percent in 2023 compared with 6.8 percent in 2022
BUSINESS
Freebies could aggravate decline of national capital’s spending on infra
While the government spent 1.1 percent of the Budget on capital outlay in 2013-14, the ratio of spending declined to 0.8 percent by 2023-24 and is likely to be lower at 0.5 percent in the current fiscal
BUSINESS
India's trade surplus with the US lowest among other nations, as President Trump starts tariff war
A Moneycontrol analysis shows that India may face the ire of the new US President as the average tariff gap, or difference between Indian and US duties, is 11.9 percent across over 3,000 products.
BUSINESS
Indian economy to grow at 6.5% in FY26 and FY27: IMF
The World Bank had projected the economy to grow 6.7 percent over the next two fiscal
BUSINESS
RBI Bulletin: India must join larger trade deals, boost infrastructure to tackle global risks
RBI paper argues for measures like building strategic buffers, forging bilateral swap agreements, and engaging with multilateral institutions to reduce geopolitical risk-related disruptions
BUSINESS
Budget 2025 may keep capex target largely unchanged: MC Poll
Nearly all economists in the MC poll agreed on a need to push manufacturing, but opinion was divided on expanding production-linked incentive schemes to other sectors
BUSINESS
Budget 2025 should provide a boost to consumption, say economists in an MC poll
The majority of economists in a survey cite slowing consumption as a primary concern, say there is a case for rationalisation of income tax rates.
BUSINESS
MC Poll | Govt may set fiscal deficit target at 4.5% in Budget 2025-26, say economists
Nominal growth to be pegged at 10.4 percent as per MC Poll median of 13 economists
BUSINESS
Chhattisgarh, MP lead Ayushman Bharat registrations, Tamil Nadu tops in hospitalisation
As of January 13, 360 million people, 26 percent of the country's population, had been issued Ayushman cards. Chhattisgarh had a coverage of 76 percent
BUSINESS
Pay commissions have had their impact on finances with double-digit growth in wage bill
Pay commissions have seen a rising difference between between maximum and minimum pay. While the difference had declined to 10.2 times by the fifth pay commission, it had increased to 11.4 times by the sixth pay commission and 12.5 times by the seventh pay commission
BUSINESS
Housing and urban affairs budget rose five-fold in a decade: MC Analysis
Analysis indicates a shift in spending patterns as well. Pradhan Mantri Awas Yojana has emerged as the top category in the ministry’s budget, with allocation rising four-fold post the pandemic.
INDIA
UP and Delhi are looking for helicopter rides, AP for tents and Kerala for next Kumbh: Google Trends
The searches from UP were also focused on Steve Jobs’ wife attending the Kumbh Mela, while the Delhi population wanted to know the temperature in Prayagraj.
BUSINESS
'Experiences' push is driving recreation services inflation
Data indicates that a low base and a spurt in demand for 'experiences' pushed recreation service inflation to a four-year high of 13.8 percent in December
BUSINESS
States' health spending rises 15% since FY20, while centre's share halves to 7%
While the government’s outlay on health doubled from Rs 30,000 crore to over Rs 62,000 crore between 2014-15 and 2019-20, growing 15 percent per annum, the growth rate slowed to 7 percent between 2019-20 and 2024-25
BUSINESS
Defence production up 2.6x since FY15, as India pushes for indigenisation
The share of old defence public sector undertakings has risen during this period. While old PSUs had a 54.6 percent of total production in 2016-17, it rose to 58.4 percent by 2023-24
INDIA
Kumbh tourism has been doubling every six years: MC analysis
More foreign tourists too visit UP during the Kumbh years. In 2019, the state witnessed a jump in foreign tourist arrivals to 4.75 million, of which 1.2 million came to the Prayagraj region—a seven-old jump from the previous year.
BUSINESS
Why retail inflation pinched less despite remaining above 5% in December
December marks the first time in 10 months that around 75 items witnessed deflation
BUSINESS
Pollution-control budget doubles, while environment spending tapers post-pandemic
In five of the past 10 years, the budget for the ministry of environment, forest and climate change has contracted even as pollution has worsened
