BUSINESS
OECD revises India’s FY25 growth forecast upward to 6.7%
Inflation is also projected to be higher at 4.5 percent compared with 4.3 percent projected in May
BUSINESS
The evolution of Make in India: 2014-2024
Job and export benefits have begun showing over the past three years
BUSINESS
Delhi witnessed highest gains in urban unemployment reduction; AP in salaried job addition
AP, Kerala and Karnataka have done better in adding salaried jobs in urban areas over the last seven years. Rajasthan’s urban unemployment increased, with the share of people in salaried jobs shrinking compared with 2017-18
POLITICS
Can BJP break into Jammu and Kashmir National Conference’s stronghold?
26 seats that go to polls today have traditionally been a stronghold of the JKNC. It had won 40 percent of seats in the region in 2014 and 75 percent in 2008
BUSINESS
ADB retains India's FY25 growth forecast at 7%
The multilateral institution expects inflation to grow faster at 4.7 percent compared with 4.6 percent in its April report
TRENDS
MC Daily Monsoon Tracker: Rain surplus remains above 5% as the monsoon enters last leg
Since June, 27 states have received normal or above-normal rainfall, while nine states are still seeing a shortfall
BUSINESS
Number of million-plus cities to jump 50% in 2024: SBI Research
The number of elderly people is also set to rise, with the elderly population crossing 150 million, an increase of 46 million from 2011
BUSINESS
Moody’s Analytics raises India’s 2024 GDP forecast to 7.1%; economy likely to grow 6.5% in 2025
Moody's lowered india's Inflation forecast to 4.7% for 2024 from 5% projected in June
BUSINESS
Women in salaried jobs in India down to a seven-year low: MC Analysis
The number of women in regular wage/salaried jobs in urban areas fell to the lowest level of 49.4 percent in seven years
BUSINESS
Unemployment rates decline across social and religious groups
Job gains among male scheduled castes, scheduled tribes, and other backward classes outpaced those of their female counterparts between 2017-18 and 2023-24
TRENDS
MC Daily Monsoon Tracker: Kharif sowing rises 0.8%, rainfall surplus dries out to 29-day low
Among the nine states experiencing deficit rainfall, Nagaland and Manipur had 32 percent deficit, followed by Arunachal Pradesh and Bihar at 30 and 28 percent
BUSINESS
Citizens can ask MPs for specific projects, rate and review work
To make it similar to modern apps, people can also rate and review ongoing and completed projects on the portal to give real-time feedback
INDIA
Moody's says India’s debt burden could rise to 99% of GDP by 2030, if...
Private sector solutions, like carbon pricing, could help mitigate costs to sustainable levels
BUSINESS
Unemployment rate unchanged at 3.2% in 2023-24 as female unemployment rises
Labour force participation for both men and women were at a seven-year high
BUSINESS
Want to bring down call drop rate to below 1-1.5%: Telecom Minister Jyotiraditya Scindia
Govt will start with a quarterly monitoring system, followed by monthly monitoring to bring down the call drop rate to below 2 percent and further to 1-1.5 percent, says Scindia
INDIA
5 states accounted for over half of country’s hospitalisations under Ayushman Bharat in 6 years: MC Analysis
The more populous northern states had just 28.8 percent share in overall hospitalisations under the scheme, while southern states had a 46 percent share
BUSINESS
Ayushman Bharat turns 6: How Modi's flagship scheme changed the healthcare landscape?
A Moneycontrol analysis shows that less populated states like Tamil Nadu and Karnataka accounted for 26.5 percent of the total hospitalisation. In comparison, states like UP and Bihar had a 6.1 percent share of hospitalisations
BUSINESS
Private sector activity slows down to 9-month low of 59.3 in Sept
Both manufacturing and services had held steady in the first quarter, with manufacturing recording a growth of 7 percent in Q1FY25 compared with 5 percent in the previous year
TRENDS
MC Daily Monsoon Tracker: Rainfall surplus narrows to its lowest in 28 days
Number of states facing rainfall deficit increases to nine from seven in the previous week
BUSINESS
Business cycle of south and west India more synchronised with country: RBI study
RBI paper notes that synchronisation has increased owing to common events like weather shocks and changes to global crude oil and commodity prices
BUSINESS
Cash transfer scheme for women can cost 1.7% of GDP to Haryana: MC Analysis
With parties offering freebies, cost of poll promises will be even higher as they provide cylinders for Rs 500, more jobs, higher health cover and guaranteed MSP on more crops
BUSINESS
India’s logistics push: Country to reduce costs to single digit by 2030
India’s standing on the logistics performance index has improved over the past decade but there still some work to be done. Take a look
ECONOMY
'No reply' to surveys jumps 100% in 5 years. Gated, urban communities more averse to respond
Non-response rate is higher for detailed surveys like Household Consumption Expenditure Survey, which are instrumental in determining consumer inflation and GDP statistics
ECONOMY
Stats ministry working on reforms to make data and surveys more robust, says Saurabh Garg
The statistics ministry is dividing surveys into several parts to avoid fatigue, relying on the use of technology, says the secretary
