TRENDS
MC Daily Monsoon Tracker: Rainfall deficit narrows to lowest level in 10 days
India’s rainfall deficit fell to lowest level in 10 days, but eastern and north-western parts of the country continue to suffer
TRENDS
MC Daily Monsoon Tracker: Twelve states face deficient rainfall conditions
India’s rainfall deficit stays over 2 percent level for a third consecutive day
BUSINESS
MOSPI reconstitutes committee to advise on price index revisions
At present, the base year and basket of goods considered by India is over a decade old, with both CPI and WPI following 2012 as the base year
BUSINESS
Fruits and vegetables, processed cereal exports jump 9% in Q1FY25
APEDA looking at 25 focus products to boost trade
BUSINESS
Business sentiment sees further improvement in first quarter of FY25: NCAER-NSE Survey
Firms reporting optimal capacity utilisation jumped to 98 percent, the survey found.
BUSINESS
Portal to address non-tariff issues within 2-3 months: Commerce ministry
Taskforce will look at resolution strategy of issues arising for Indian exporters
BUSINESS
Spatial spread of monsoon needs to correct for food inflation to cool, say economists
Rajasthan pulses sowing down 4 percent from normal, rice sowing lowest in UP compared with normal, according to agriculture ministry data
BUSINESS
What will be Economic Survey’s outlook on growth?
IMF recently revised India’s growth forecast to 7 percent from 6.8 percent projected earlier
TRENDS
MC Daily Monsoon Tracker: Reservoir deficit widens as rainfall deficit increases
India’s rainfall deficit crossed the 3 percent level for the first time in two weeks
BUSINESS
Why are Kerala, Andhra Pradesh vying for Karnataka firms?
A Moneycontrol analysis shows that Karnataka’s factories perform better than Andhra Pradesh and Kerala; value added per firm in Karnataka is at least double that of the two states
BUSINESS
Fiscal deficit at 5% of GDP for FY25, nominal growth at 11%: MC Economists Poll
Budget will provide a push for rural economy; economists cite jobless growth and muted consumption as primary concerns
TRENDS
MC Daily Monsoon Tracker: Rainfall deficit hits highest with 28% shortfall in precipitation
Eight states experienced more than 30 percent deficit in rainfall on July 17, with Chandigarh experiencing over 50 percent deficit
BUSINESS
Mango tastes sour this summer as wholesale price sizzles at Rs 48.5 a kg, up 20.7%
India’s favorite fruit, mango, cost 37 percent more in June than last year. Overall, Indians paid more for fruits and will continue to for the next few months. WPI in fruits doubled to 10.14% in June
BUSINESS
ADB keeps 7% growth forecast unchanged for Indian economy in FY25
The Asian lender projected the economy to grow faster at 7.2% in FY26; inflation to decline to 4.6% in FY25 and 4.5% in FY26
TRENDS
MC Daily Monsoon Tracker: Sowing 10% higher this year as monsoon stays in normal range
India experienced a rainfall deficit of 1.94 percent as of July 16. The number of states receiving deficient rainfall declined to 11, while eight states are experiencing excess and largely excess rainfall
BUSINESS
IMF keeps global growth forecast unchanged at 3.2% for 2024
IMF flags upside risks to inflation, which have raised prospect for higher-for-longer rates
BUSINESS
IMF raises India’s FY25 growth forecast to 7% from 6.8%
Higher growth from previous year and improving private consumption prompt upward revision
BUSINESS
Why China's slowdown is not India's headache?
As China's growth slid to 4.7 percent in Q2 2024, economists said that a Chinese slowdown could marginally impact global growth but impact on India will be limited
BUSINESS
Revival in rural economy still a quarter away; monsoon, inflation, budget to play key roles: Experts
Recovery contingent on monsoon, lower inflation and Budget
TRENDS
MC Daily Monsoon Tracker: Sixteen states face normal rainfall conditions
Twelve states received deficient rainfall and another six faced excess and two experienced large excess rainfall
BUSINESS
Inflation hurt poorer states more than rich ones post pandemic
At 5.9%, average inflation in the five poorest states in the country, between January 2022 and June 2024, was higher than 5.78% logged by the five richest states in per capita terms
TRENDS
MC Daily Monsoon Tracker: These seven states face rainfall deficit of over 30 percent
India experienced 2.14 percent rainfall deficit as of July 14
TRENDS
MC Daily Monsoon Tracker: Twenty states and UTs face abnormal rainfall conditions
India experienced 2.1 percent rainfall deficit as of July 13
TRENDS
MC Daily Monsoon Tracker: Reservoir levels stay 10% below normal as rainfall deficit widens
India experienced 2.8 percent rainfall deficit, as number of rainfall deficit states rose to 12
