INDIA
Metros breathe easy, AQI slips below 200 after 2 months
Delhi’s air quality improved dramatically to 186 on December 9 from 302 the previous day
BUSINESS
Kerala tops the states in rural worker wages; poorer states close the gap with rich ones
The average daily wage of a rural worker in Kerala at over Rs 700 was thrice that of Madhya Pradesh, the state that paid the least
BUSINESS
MC Analysis: States spend over half of their agricultural budget on crop cultivation
In 2022-23, states decided to spend over half of the budget on agriculture and allied activities on crop cultivation. While crop output has been on a decline, share of spending on crops has witnessed an increase
INDIA
Delhi feels choked again with Dec 8 AQI back above 300, most cities breathe in poor air
An AQI between 201 and 300 is defined as poor air quality, while AQI levels above 301 is characterised as very poor air
BUSINESS
India's first capex survey results to arrive by March 2025
The survey comprises around 5,500 enterprises, representing around 80 percent of the industry in capex spending
BUSINESS
India to release monthly unemployment rate data from February-March 2025
Both urban and rural unemployment data will be released monthly. The earlier plan was to release numbers related only to urban workforce participation.
BUSINESS
MC Analysis | RBI sticks to the trend of revising inflation forecast upwards in Dec MPC
On December 6, the Reserve Bank revised its inflation forecast to 4.8 percent, up from the 4.5 percent projection it had maintained until the October meeting
INDIA
More cities breath easy, 133 have an AQI below 100
Among the metros, Delhi’s air quality improved further to 165. Chennai, Hyderabad and Bengaluru had AQI readings of below 100
BUSINESS
India’s new CPI basket to have 2024 as base
The first set of data to be released on February 12, 2026, in the new inflation series will have 2024 as the base
BUSINESS
RBI has acted within a meeting or two of the Fed’s rate decision, but usually during hikes
Over the last two decades and 114 policy meetings, the RBI has followed the Fed only 16 times.
ECONOMY
Stats ministry to soon release results of time use and capex surveys
The two-part capex survey will have one section on investments made in the past year, and the other on investment expectations for the next two years. The time use survey will capture the trends on unpaid and paid workers across gender
INDIA
Delhi air gets better with AQI below 200 for the first time in nearly 2 months
The national capital’s AQI declined to 178 its lowest level in 53 days compared with 268 the previous day and over 300 a week ago
BUSINESS
MC Analysis: GST data shows Assam, Odisha outpace Maharashtra, Gujarat in collections growth
Bihar and Uttar Pradesh trumped the likes of Gujarat in growth in GST collections with an 11.1 percent increase.
BUSINESS
India's growth to average 6.8% over next three years on strong investment and infra spend: OECD
The organisation revised India’s FY26 growth forecast to 6.9 percent, up from the 6.8 percent projected in the September outlook.
INDIA
MC Pollution Dashboard: Over 30 cities have good air, Delhi too is improving
Among the cities with an AQI of below 50, Mizoram’s capital Aizwal had the lowest reading at 23
BUSINESS
India’s services activity slows to 58.4 in November
India’s services sector had held steady in the second quarter, despite GDP growth dipping to a seven-quarter low of 5.4 percent
BUSINESS
Trump effect? Chinese yuan dips 2.6% in a month, rupee depreciates 0.7% since US election
The rupee had depreciated 0.95 percent in the 10 months till November 5 and fell a further 0.73 percent within a month of Donald Trump’s election.
BUSINESS
Vietnam's iron and steel exports to India soar by 90% in H1FY25
China's share of India’s total steel imports rose to 16.1 percent from 13.4 percent earlier
INDIA
MC Pollution Dashboard: December brings relief, air quality improves in most cities
The number of cities with good air quality rose to 28 for the first time in over two weeks, with AQI of over 10 percent of the cities staying below 50
BUSINESS
Consumption steady in November, manufacturing activity a worry
November also marked a second consecutive month of over Rs 1.8 lakh crore collection under GST regime
BUSINESS
BRICS currency would not have been possible given trade imbalances
Excluding China, BRICS countries have negligible trade with each other
BUSINESS
India's growth may dip below 7% for the first time in four years, economists say
As per Moneycontrol's calculations, a 7 per cent growth in the remaining two quarters will put India’s GDP at 6.5 per cent.
INDIA
MC Pollution Dashboard: Delhi air quality improves, AQI dips to lowest level in 33 days
Chennai’s AQI was 24, one of the lowest among Indian cities. Bengaluru, Hyderabad, and Kolkata also had AQI levels below 100 on December 1
BUSINESS
Stats ministry plans to cover district-level data in surveys for smarter decision-making
The ministry has been working with state-level statistics bodies to strengthen their architecture for district-level data
