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
INDIA
Delhi grapples with 'very poor' air quality for 12th straight day, AQI improves for other metros
Mumbai had an AQI of 141 compared with 150 average over the last week, while Chennai, Kolkata and Bengaluru all had AQI levels below 100
BUSINESS
India and ASEAN to benefit from Trump presidency, says Moody's
Trade and investment flows will be further diverted away from China, the rating agency says
BUSINESS
Pending litigation from government crosses 7 lakh cases: MC Analysis
Analysis indicates that 40 percent of cases were stuck at the tribunal level, while another third were stuck in the High Court
BUSINESS
Inflation likely to have scaled 14-month high of 5.9% in Oct: MC Poll of economists
High prices, volatility in forex markets dim hopes of a rate cut in December RBI monetary policy meeting
BUSINESS
Delhi air stays near-severe for 5th straight day, most metros record AQI above 100
Delhi’s AQI reading remained above 350 for a fifth consecutive day, with some stations in the national capital witnessing above 400 AQI
BUSINESS
The Olympic price tag: Hosting costs often far exceed gains, analysis shows
Analysis shows that in most Olympic Summer events, costs from hosting the event have far surpassed gains
BUSINESS
Trump 2.0 will have to deal with a rising India
With a growing share of US trade, imposing higher tariffs on Indian products will raise prices for US consumers at a time when Trump needs to deliver on containing inflation.
BUSINESS
Pricey vegetables keep thali prices up in October: CRISIL
Onion prices were up 46 percent, while the potato was 51 percent higher compared with the previous year
