BUSINESS
Consumer price index base to be revised to 2024; producer price index to be expedited
WPI, CPI estimates are over a decade old
BUSINESS
Private capital formation slows down amid caution over cheaper imports: Economic Survey
With healthy balance sheets, banking and financial sector was well poised to cater to growing financing needs
BUSINESS
PLI scheme expansion will help lower trade deficit
India’s current account deficit reduced to 0.7 percent of the GDP in FY24, from 2 percent in the previous year, the Economic Survey said
BUSINESS
India must strike right balance in goods and capital imports from China: Economic Survey 2023-24
India slipped seven ranks to 15 in the World Investment Ranking in 2023
BUSINESS
Short-term inflation outlook benign, says Economic Survey
The central bank expects headline inflation to be 4.5 per cent in FY25 and 4.1 per cent in FY26, the survey says
BUSINESS
India needs to add 7.9 million jobs annually till 2030, says Economic Survey 2023-24
The total additions to the workforce at 46.7 million in 2023-24 were the highest since 1981-82, with the rate of growth at 6 percent also outpacing the previous three decades
EDUCATION
Doha sticks to 'my place, my choice' motto, tops overseas centres in NEET score
Southeast Asia had better performance, albeit with fewer students, with a clearing rate of 3.1 percent, while Middle East’s clearance rate was 2.9 percent.
EDUCATION
North West outsmarts rest of India with most students scoring above 600 in NEET
Rajasthan has the highest percentage of students securing 600 plus, with nearly 8 percent among the total appearing candidates scoring well
TRENDS
MC Daily Monsoon Tracker: Rainfall deficit narrows further to 1%
Ten states faced deficient rainfall conditions, 16 have got normal rainfall until July 21
TRENDS
MC Daily Monsoon Tracker: Rainfall deficit narrows to lowest level in 10 days
India’s rainfall deficit fell to lowest level in 10 days, but eastern and north-western parts of the country continue to suffer
TRENDS
MC Daily Monsoon Tracker: Twelve states face deficient rainfall conditions
India’s rainfall deficit stays over 2 percent level for a third consecutive day
BUSINESS
MOSPI reconstitutes committee to advise on price index revisions
At present, the base year and basket of goods considered by India is over a decade old, with both CPI and WPI following 2012 as the base year
BUSINESS
Fruits and vegetables, processed cereal exports jump 9% in Q1FY25
APEDA looking at 25 focus products to boost trade
BUSINESS
Business sentiment sees further improvement in first quarter of FY25: NCAER-NSE Survey
Firms reporting optimal capacity utilisation jumped to 98 percent, the survey found.
BUSINESS
Portal to address non-tariff issues within 2-3 months: Commerce ministry
Taskforce will look at resolution strategy of issues arising for Indian exporters
BUSINESS
Spatial spread of monsoon needs to correct for food inflation to cool, say economists
Rajasthan pulses sowing down 4 percent from normal, rice sowing lowest in UP compared with normal, according to agriculture ministry data
BUSINESS
What will be Economic Survey’s outlook on growth?
IMF recently revised India’s growth forecast to 7 percent from 6.8 percent projected earlier
TRENDS
MC Daily Monsoon Tracker: Reservoir deficit widens as rainfall deficit increases
India’s rainfall deficit crossed the 3 percent level for the first time in two weeks
BUSINESS
Why are Kerala, Andhra Pradesh vying for Karnataka firms?
A Moneycontrol analysis shows that Karnataka’s factories perform better than Andhra Pradesh and Kerala; value added per firm in Karnataka is at least double that of the two states
BUSINESS
Fiscal deficit at 5% of GDP for FY25, nominal growth at 11%: MC Economists Poll
Budget will provide a push for rural economy; economists cite jobless growth and muted consumption as primary concerns
TRENDS
MC Daily Monsoon Tracker: Rainfall deficit hits highest with 28% shortfall in precipitation
Eight states experienced more than 30 percent deficit in rainfall on July 17, with Chandigarh experiencing over 50 percent deficit
BUSINESS
Mango tastes sour this summer as wholesale price sizzles at Rs 48.5 a kg, up 20.7%
India’s favorite fruit, mango, cost 37 percent more in June than last year. Overall, Indians paid more for fruits and will continue to for the next few months. WPI in fruits doubled to 10.14% in June
BUSINESS
ADB keeps 7% growth forecast unchanged for Indian economy in FY25
The Asian lender projected the economy to grow faster at 7.2% in FY26; inflation to decline to 4.6% in FY25 and 4.5% in FY26
TRENDS
MC Daily Monsoon Tracker: Sowing 10% higher this year as monsoon stays in normal range
India experienced a rainfall deficit of 1.94 percent as of July 16. The number of states receiving deficient rainfall declined to 11, while eight states are experiencing excess and largely excess rainfall
