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
BUSINESS
Stats ministry’s five-year vision ready, likely to be unveiled in 2025
Artifical intelligence and machine learning to be a significant focus of the five year vision, along with focus on newer statistics
BUSINESS
Roti, kapda, makaan inflation stays sticky
Sequentially, inflation was higher in 16 of 23 sub-categories
BUSINESS
Industrial growth in October picks up to 3.5%, a three-month high
India’s core sector output had expanded 3.1 percent in October as compared to a revised 2.4 percent in September, as four of the eight sectors recorded a faster pace of growth
BUSINESS
Retail inflation eases to 5.48% in November from 6.21% in October
Consumer prices have remained above 5 percent for a third consecutive month
BUSINESS
7% growth rate fantastic, India mustn’t replicate China: Rabobank strategist Michael Every
Every also noted that India needed to strike more tactical alliances, rather than look for regional groupings to advance trade
BUSINESS
Trade openness key to improving growth prospects for India and South Asia: Franziska Ohnsorge, World Bank South Asia chief economist
Countries in the South Asian region, especially India, need to take advantage of this low-hanging fruit (trade) to unlock productivity, raise employment and growth and increase female labour force participation
BUSINESS
ADB lowers India's FY25 growth forecast to 6.5% after slowdown in Q2
The ADB projected slower growth for the next fiscal as well, with forecasts lowered to 7 percent from 7.2 percent it had estimated in September
BUSINESS
West Bengal, Telangana see biggest fall in share of national GST collections since 2019-20
GST collection figures show that the eastern state’s share in national GST collections decreased to 4 percent in 2024-25 (till November) from 4.6 percent in 2019-20
BUSINESS
Educated women have high unemployment in rural areas; schemes like Bima Sakhi can correct it
Periodic Labour Force Survey data shows women with secondary or above qualifications had an unemployment rate of 9 percent in 2023-24 compared with 0.1 percent for women who were not literate or had studied till primary classes.
BUSINESS
Survey to gauge debt, investment situation of households will only be available after 2026
The statistics and programme implementation ministry is expected to hold discussions on the process of the survey in 2025
BUSINESS
MC Poll | Inflation likely to have eased to 5.5% in Nov, industrial growth up at 3.6%
Despite the moderation, prices of essential commodities are expected to stay high, keeping inflation above 5 percent for a third consecutive month
