BUSINESS
Core sector growth rebounds to 2% in September
The performance of eight core industries was lower in the first half of the current fiscal year compared with the growth numbers witnessed in H1FY24.
BUSINESS
Karnataka draws a fifth of its revenues from liquor taxes
The national average from large states in FY25 will likely be much lower at 13.7 percent
BUSINESS
Fiscal deficit for H1FY25 at Rs 4.75 lakh crore, 29.4 percent of the full-year target
Capital spending reached only 37.3 percent of the full-year target of Rs 11.1 lakh crore, compared with the 49 per cent it had achieved in the first half of FY24
BUSINESS
Only 21 Indian cities breathed better air on Oct 29: CPCB data
Delhi’s AQI was one of the highest in the country; Mumbai, Chennai and Kolkata witness satisfactory air quality
BUSINESS
Four cybercrime complaints are filed in India every minute
Cybercrime fraud earnings have soared to an average payout of Rs 5 lakh per fraud in 2023-24 from Rs 3.8 lakh in 2018-19
INDIA
Metros feel choked with AQI reading above 100, Chennai air quality at worst since start of Oct
While Delhi continued to witness “very poor” air quality with an AQI reading of over 300 for a second consecutive day, Mumbai’s AQI levels remained over 100 for a fifth day in a row
BUSINESS
Rural demand to remain robust, says finance ministry
Urban consumption to get a leg up from the festive season and improvement in consumer sentiments, finance ministry said in its September economic review
BUSINESS
India’s 2030 emissions journey is going better than the rest of the world
India’s per capita emissions, at 2.9 tonnes, were half of Brazil’s 6 tonnes, nearly a fourth of China’s, and a sixth of the US’s, at 18 tonnes per person in 2023.
BUSINESS
MC Analysis | Poll-bound Maharashtra battles slowing growth, falling capex, rising expenditure
Even though Maharashtra’s capital outlay has doubled at 2 percent of GSDP of what it was eight years ago, FY25 will mark the first year post-Covid when capital outlay is expected to contract
BUSINESS
Consumer affairs mulling action against FMCG giants for failing to display best-before dates on their online portals
The ministry also already sent notices to quick commerce and e-commerce companies. Companies are required to specify the use-by date for products meant for human consumption and mandates e-commerce entities to declare this information for all pre-packaged commodities sold on their websites.
INDIA
Delhi breathes 'very poor' air again, AQI for Mumbai and Chennai worst since start of Oct
All metros, barring Hyderabad and Kolkata, face an air quality index reading of over 100
BUSINESS
Stuck in time: India’s trade and investment from Germany have barely changed in last decade
In FY24, India exported $9.8 billion of products to Germany and imported $16.6 billion of goods
BUSINESS
Formal employment dips by double digits in August
Subscriptions to the EPF scheme decline by 15 percent to a five-month low in August
BUSINESS
Ola has done well in 2024, even as electric two-wheeler industry has underperformed: MC Analysis
The industry has undergone some rejigging with traditional makers returning to the fray; Ola has retained its top spot by a margin
BUSINESS
India and EU need to respect each other's sensitivities for a faster FTA: Piyush Goyal
I can’t open up our dairy sector; if they ask me to open up dairy, there is no FTA, Goyal says
INDIA
MC Pollution Dashboard: Air quality worsens across metro cities
Mumbai and Chennai had an AQI level of 102, while Hyderabad had an AQI reading of 111
BUSINESS
What UPI has done to change India’s digital payment landscape
The share of cash payments in private final consumption expenditure or India’s consumption spending, has declined from 80.6 percent in 2021 to 51.9 percent in the first quarter of 2024
INDIA
One in seven Indian cities faces poor air quality levels: CPCB data
The number of cities with poor air quality was also the highest on October 23 with citizens in 34 cities inhaling polluted air.
BUSINESS
India’s business activity rises 58.6 in October
The RBI and international organisations have retained India’s growth forecast even though high frequency data has pointed to a subdued second quarter
BUSINESS
After K-Pop and K-Dramas for Indian brains, Korean foods dominate Indian taste buds
Indian imports of noodles, pasta and other delicacies from South Korea stood at $12 million in FY24, rising from $1.5 million in FY20
SPORTS
India’s reliance on 6 sports excluded from CWG 2026 has been declining: MC Analysis
Hockey, badminton, squash, cricket, table tennis and wrestling, which accounted for 30 of India’s 61 medals in the previous edition, have been culled from the 2026 Glasgow Commonwealth Games
BUSINESS
MC Pollution Tracker: 32 cities have 'poor air', 4 have an AQI of over 300
Delhi's air quality continues to worsen. On October 23, its AQI reading was 349, the third straight day that it stayed above 300, which is considered 'very poor'
BUSINESS
IMF keeps India’s FY25 GDP growth forecast unchanged at 7%
Reserve Bank of India, in its latest review, kept the FY25 forecast unchanged at 7.2 percent, projecting 7.4 percent growth in the second half of the fiscal
BUSINESS
BRICS, accounting for nearly half of global population and a fourth of world GDP, gets underway
A Moneycontrol analysis of data from the International Monetary Fund shows that the group would account for nearly 30 percent of the global GDP by the end of the decade, representing half of the world
