BUSINESS
In Graphic Detail | The rise of gross tax revenue and the hiccups in between
‘In Graphic Detail’ is a special series of data stories covering the Union Budget's key elements over a short and long-term period
BUSINESS
5-fold growth in sales, ice-cream 'war' with HUL—here are highlights of RS Sodhi’s tenure at the helm of Amul
RS Sodhi, who stepped down as managing director of Gujarat Cooperative Milk Marketing Federation on January 9, joined the company as a senior sales officer in 1982
BUSINESS
In Graphic Detail | How government's capex got a boost in recent years
‘In Graphic Detail’ is a special series of data stories covering the Union Budget's key elements over a short and long-term period
BUSINESS
Tech layoffs in January exceed December total in just 5 days
Amazon, which is letting go of 18,000 workers, accounts for more than half of the figure for the month so far.
TECHNOLOGY
52% of Indian consumers increased usage of digital devices in 2022: Axis My India Survey
Facebook and WhatsApp were the most-used social media platforms, according to the India Consumer Sentiment Index released by Axis My India.
BUSINESS
About 55% of Indian households report increased spending, overall consumer sentiments on the rise: Axis My India Survey
However, the overall share of households with increased spending has marginally declined from the month before, according to the Indian Consumer Sentiment Index released by Axis My India.
BUSINESS
Oil prices remained volatile in 2022 driven by geopolitical tensions, demand worries
Prices surged to 14-year high of $140 per barrel in March but have now tapered off to around $80 per barrel.
BUSINESS
Crop insurance payouts declined 48% in FY22
Critics point to flaws within the scheme as the reason for the low amount of claims paid. Insurers blame delays in receiving crop loss data and the government’s share of the premium
POLITICS
In Charts | BJP’s win in Gujarat and the decline in NOTA
In 11 seats won by the BJP, the winning margin crossed one lakh. Votes for NOTA declined by more than 9 percent compared to 2017.
POLITICS
Gujarat Elections 2022: AAP’s entry spoilt Congress’ chances in several seats
While the Aam Aadmi Party secured five seats and a 12.92 percent vote share - giving it a national party status, data shows that in several seats, its presence directly impacted the vote share of Congress.
INDIA
Cybercrime cases are getting harder to solve for want of evidence, shows data
Jurisdictional issues, lack of resources and poor training make investigations harder, say experts. There are a lot of regulations for companies as far as finance, etc., are concerned. But when it comes to sensitive data such as medical data, there isn’t enough scrutiny, says a cybersecurity expert.
ECONOMY
Just 4 countries account for 54% of remittances to India, which will hit a record this year, shows data
The World Bank estimates that remittances to India will rise 12 percent to reach $100 billion this year, with the country retaining its position as the world’s top recipient of remittances.
BUSINESS
Alarming gender gap: Women form just a quarter of top Indian companies' staff
Top 50 Indian firms are way behind the global benchmarks on gender equality; IT companies fare better while auto and power are worse-off, shows an analysis by Moneycontrol. Covid-19 worsened the situation, with 47 percent of those women who were laid off dropping out of the workforce permanently.
SPORTS-TRENDS
FIFA World Cup Odds Tracker | Brazil continue as favourites to win the trophy
A brand-new tracker from Moneycontrol keeps you updated on the teams that bookmakers and analysts view as having the best chances of winning the World Cup.
ECONOMY
Negative credit conditions to make 2023 challenging for emerging markets: Moody's
Weak growth in advanced economies, persistent inflationary pressures, geopolitical tensions, as well as a subdued growth outlook for China are the reasons attributed for the negative outlook.
INDIA
Being 'worthy' of a wife keeps young men in urban India under pressure: Study
A surge in competition and societal expectations to earn higher incomes to be considered worthy of marriage has led to young men to increasingly feel that being hardworking and dutiful is no longer enough.
INDIA
Only 21.1% Indians see climate change as a pressing issue: Survey
Indians consider inflation as a bigger problem. Around 39.2 percent of the Indians surveyed believe that rising prices and fixing the economy are the most urgent issues
WORLD
CCP Congress: Xi expected to be re-elected while Chinese economy tumbles down
Although the Chinese president is all set to consolidate his political power further, economic data shows he has many challenges to tackle in his third term. Xi's zero-COVID policy has been blamed as one of the major factors for this slowdown.
ECONOMY
ICT services export, market sophistication helps India to move up in Global Innovation Index
India jumped six spots to be ranked 40th in this year’s edition of the index.
HEALTH-AND-FITNESS
Heart disease cases spike in India; Covid, WFH add to worry
The number of deaths from cardiovascular diseases in India rose by more than 68 percent in the last two decades. But lifestyle changes and daily workouts can help in keeping the heart healthy, say experts.
WORLD
Developing countries demand more climate finance as rich nations' $100-billion pledge remains a broken promise
Although developed countries say they are on track to fulfilling the 12-year-old pledge by 2023, analysis of available data suggests that their numbers may be inflated.
BUSINESS
Performance of wind assets cools but solar projects avoid gloom
As much as 53 percent of monitored wind assets could not achieve their estimated capacity in the last three years, shows a report by CARE Ratings.
ECONOMY
As Chinese economy contracts, G20 GDP falls 0.4 percent in Q2 2022: OECD
The GDP of India, South Africa, UK and US also saw contraction in the second quarter of 2022 compared to the first.
ECONOMY
CEPA may help double India’s exports to Bangladesh, narrow gap with China
Currently, India’s share in the total imports by Bangladesh is half that of China
