BUSINESS
Poll promises could cost over Rs 35,000 crore extra in Maharashtra in the coming fiscal: MC Analysis
The cost of implementation of poll promises could be Rs 9,000 crore or 0.2 percent of the state GDP if the schemes are implemented in the last quarter of FY25.
INDIA
MC Pollution Dashboard: Over a third of Indian cities breathe in 'poor' air for 4th straight day
Nearly 5 percent of Indian cities had very poor air quality with AQI levels above 300, while 30 percent had poor air quality with AQI levels between 201 and 300
INDIA
Maharashtra elections: Mahayuti won 84% of seats in constituencies with more women voters
In 134 seats where the number of women voters was higher than the state average of 47.82 percent, the Mahayuti alliance won 83.6 percent
ECONOMY
MC Poll | Indian economy likely slowed to a 6-quarter low of 6.5% in Q2 this fiscal
The 10 forecasters in the November Moneycontrol poll predicted the economy would grow 6.8 percent in FY25, with forecasts ranging from 6.6 percent to 7 percent
INDIA
Are farm fires declining?
Data from two different sources shows that the government needs different approaches to record farm fires
INDIA
MC Pollution Dashboard: Delhi AQI at 460, a third of Indian cities have poor air
With an AQI of 29, Aizwal had the cleanest air on November 19 among the cities for which data is available
COMMODITIES
Gold prices at Rs 74468.00 on November 18, 2024, up 1.62% from previous day: MCX Data
Prices are 22.71% higher, according to Moneycontrol analysis
BUSINESS
Can states afford Rs 4,000 per month in unemployment benefit payments?
MC analysis shows that the unemployment benefit will likely push nearly all states beyond the 3 percent limit prescribed by the finance commission for the fiscal deficit if they cannot fund the transfer or make cuts in other departments
BUSINESS
MC Analysis | Poll promises to add at least Rs 30,000 – 70,000 cr to Maharashtra's finances
Maha Vikas Aghadi’s plan to increase cash transfers to Rs 3,000 from Rs 1,500 per month is expected to add another Rs 44,000 crore to the exchequer, while the free bus rides and unemployment benefits will increase the spending by Rs 22,000 crore
INDIA
Delhi’s air quality remains severe for second consecutive day, primary classes moved online
Chandigarh also had 'severe' air with AQI crossing 400 for the first time since October
BUSINESS
India in a sweet spot with solid growth and moderating inflation: Moody’s Ratings
Inflation should moderate toward the RBI’s target in the coming months as food prices ease amid higher sowing and adequate food grain buffer stocks, says the rating agency
BUSINESS
Trump’s tariff war with China to benefit India and the rest of the world
A Moneycontrol analysis shows that only a fifth of India’s $25 billion in additional exports to the US between FY24 and FY19 came from traditional products like medicines and jewellery, while the rest was due to the opening of new avenues like smartphones.
BUSINESS
Maharashtra's decline from being fiscal surplus to a fiscal deficit state
A higher fiscal deficit, lower capex spending, and rising revenue spending have contributed to a decline in Maharashtra's fiscal situation. Economists say the state needs to return to capex spending
BUSINESS
Wholesale inflation scales 4-month high of 2.4% in Oct on simmering food prices
WPI trajectory follows consumer inflation which rose to a 14-month high of 6.2 percent in October
INDIA
Delhi’s air quality turns 'severe' for the first time this season
Nearly a third of the cities in the country have poor or worse air with AQI above 200
BUSINESS
Growth needs to be priority for new govt in Jharkhand, fiscal position much better than other states
The state’s GDP is expected to expand by 9.8 percent in FY25, lower than the national average of 10.5 percent and Bihar’s gross state domestic product increase of 13.5 percent
BUSINESS
MC Analysis | India to have 4 trade partners in $100-bn bracket by 2030
US and China are the only two countries with over $100 billion trade. The number of countries with over $50 billion worth of trade with India is also set to increase to nine from four in FY24, with Australia, Singapore, Indonesia, and Saudi Arabia joining the group
INDIA
Air quality worsens across India, only 5% cities show AQI below 50
Chandigarh and Patna had worse air quality compared with the national capital, which had an AQI level of above 300 for the fourteenth consecutive day
BUSINESS
RBI to pause in December as inflation and Trump change the status quo: Economists
Economists noted that inflation would likely be higher than the 4.8 percent target set by the RBI for the third quarter of the fiscal year, which will lead the MPC to hold the policy rate for the eleventh consecutive time at its December meeting
BUSINESS
Retail inflation rises to 14-month high of 6.2% in October
Inflation had inched up to a nine-month high of 5.5 percent in September as food inflation rose to 9.2 percent from 5.6 percent in the previous months
BUSINESS
Industrial output rebounds in September with 3.1% growth
The rise follows expansion in core sector activity, which rose 2 percent in September against a 1.6 percent contraction in August
BUSINESS
China's trade surplus with India and Southeast Asia has tripled in a decade
A study of China’s growing trade surplus underlines a shift by the people's republic away from the US and EU and changing terms of trade with others.
BUSINESS
Agricultural growth likely to cross 4% in FY25, inflation to ease from November, say economists
Prospects for good rabi output to provide further impetus for FY26, say economist. India's agriculture growth declined to 1.4 percent in FY24
INDIA
Despite spending Rs 7,000 crore, Yamuna in Delhi is no better than before: MC Analysis
In June, the BOD levels or pollution levels were 42 times more in Asgarpur, where Yamuna exits Delhi compared with Palla where it enters
