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
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.
