BUSINESS
Over 80% of US goods exported to India attract less than 20% tariff: MC Analysis
Analysis shows that reducing duties in these categories may not yield much either and could only increase US imports to India by $5 billion, even if it corners the entire market
BUSINESS
Wage growth slowest in five years: MC Analysis
While the Indian economy grew at 9.7 percent in nominal terms in the first quarter of FY25, wages of regular wage/salaried earners increased 5.3 percent, compared with 7.8 percent in the first quarter of FY24
INDIA
Student suicides increased by 6% annually between 2018-22: NCRB data
A Moneycontrol analysis shows that students suicides grew by a compounded annual growth rate of 6.4 percent between 2018-2022, as per National Crime Records Bureau data, compared with 4.1 percent growth witnessed between 2013-17
BUSINESS
Rajasthan, Kerala and Odisha dominate R&D spending by states: MC Analysis
Rajasthan spends fourfold the national average on research and development while Kerala spent thrice as much in FY24, whereas states like Tamil Nadu and West Begal lag behind the national average
INDIA
Delhi air worsens to 'severe plus', AQI crosses 450
Rohtak in neighbouring Haryana,too, had an AQI of above 400, as most of the national capital region breathed 'very poor' air
BUSINESS
Covid prompts further focus on health R&D spending by states: RBI report
R&D spending from states accounted for just 0.1 percent of the GDP, with nearly half going to health in 2024-25 Budget up from 40 percent in 2021-22
BUSINESS
States need to rationalise subsidy spend, says RBI study
It has also called for rationalising centrally sponsored schemes, saying they are taking resources away from states and diluting the spirit of cooperative fiscal federalism
BUSINESS
MC Analysis | Richer states better at capex utilisation in first 7 months of FY25
In the first seven months of the fiscal year until October, states spent just over a third of their FY25 capex budget, compared with 39.2 percent during a similar period in the previous fiscal year
INDIA
Delhi air worsens, heading towards 'severe plus'; 70 cities have AQI of over 200
Not just Delhi, other NCR towns too are struggling. Delhi's AQI was at 445, Gurugram 400 and Ghaziabad and Noida both had readings of 359
BUSINESS
India’s economy to grow a tad faster in FY26 at 6.6%: Ind-Ra
Ind-Ra believes India is facing monetary, fiscal and external tightening. While it expects monetary conditions to ease now, the fiscal and external tightening is expected to continue in FY26 as well
BUSINESS
Indian cricket league’s gender pay gap for top players better than US and European counterparts
The gap between top players' salaries at nearly 14 times in male and female cricket leagues, was lower than US basketball and English and European football leagues
ECONOMY
Pilot for China-like less-than-a-minute nod to e-commerce exports soon to take off: DGFT
Government partnering with Shoprocket, DHL and Cargo Service Centre to start the pilot for less than a minute clearance of e-commerce exports
INDIA
MC Pollution Dashboard: Delhi chokes again, AQI crosses 400 after 24 days
Of the 257 cities that reported air quality data, Delhi and Ghaziabad had AQI readings of above 400
BUSINESS
India has given less in foreign aid post-pandemic but has gotten more diverse: MC Analysis
In FY25, the government plans to give out just Rs 4,884 crore as compared to Rs 5,427 crore spent in the previous fiscal
BUSINESS
Potato prices simmer at 4-year high, all veggies on the boil this winter
This winter you are paying 67 percent more for potatoes, 85 percent more for garlic, 48 percent more for cauliflower and 44 percent more for cabbage
INDIA
MC Pollution Dashboard: Not just Delhi NCR, a quarter of the country feels choked
Eight cities had an AQI above 300, while another 51 had an AQI of 201-300 on December 16
BUSINESS
New industrial growth numbers to have 2022-23 as base year
The new series is expected to be available in the last quarter of FY26, when the government also plans to release new growth and consumer inflation numbers
BUSINESS
India needs to look at GVCs in critical areas to ensure resilience against shocks: Department of commerce's Rajesh Agrawal
While it is not easy to compete with a manufacturing sector that’s 20 years ahead, the good news was that consumers across the world were getting tired and they want change, says Agrawal
BUSINESS
Wheat and rice lose weight in crop basket, fruits and veggies weigh more
Until 2013-14, fruits and vegetables had a lower share of contribution than cereals but the trend has changed with the share of fruits and vegetables at 28.2 percent shooting past cereals. India’s exports of fruits like bananas have grown 15 times in the last decade, garlic exports have soared 10 times, and chili exports have more than doubled since 2011-12
BUSINESS
Wholesale inflation eases to 1.9% in Nov as food prices cool off
Consumer inflation declined to 5.5 percent in November compared with a 14-month high of 6.2 percent in the previous month
BUSINESS
Business activity scales 4-month high, HSBC Flash PMI hits 60.7 in Dec
Manufacturing and services activity had both dipped in November, with manufacturing falling to a joint 11-month low
BUSINESS
More taxes will drive capital away, says CEA Anantha Nageswaran
PRICE Household Surveys show that post Covid, the recovery has been more egalitarian, says CEA
BUSINESS
Earnings disparity among states highest for agricultural workers in rural areas
In the case of agricultural work, the gap between states paying the lowest and highest amount per day was still 3.3 times in 2023-24, slightly lower than 3.8 times in 2014-15
BUSINESS
Delhi’s cash transfer scheme risks pushing Delhi into revenue deficit
Delhi risks doubling its subsidy bill if the Aam Aadmi Party goes through with its promise of doubling the cash dole to Rs 2,100 per month for women beneficiaries . MC Analysis shows that Delhi will add another Rs 10,000 crore to the FY26 budget
