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Tina Edwin

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Investment-led growth unlikely in the short-term despite sops from the government

BUSINESS

Investment-led growth unlikely in the short-term despite sops from the government

With sector capacity utilisation low in the private manufacturing sector, capital expenditure plans are on hold

Petroleum product subsidies fall 92 percent as govt withholds transfers to LPG scheme beneficiaries

BUSINESS

Petroleum product subsidies fall 92 percent as govt withholds transfers to LPG scheme beneficiaries

No transfers were made into the accounts of LPG subsidy scheme beneficiaries even though cylinder prices climbed nearly Rs 250 between November 2020 and July 2021

Scindia is right. ATF tax revenues of states are insignificant

BUSINESS

Scindia is right. ATF tax revenues of states are insignificant

Aviation minister Jyotiraditya Scindia urged states to reduce the value-added tax (VAT) on aviation turbine fuel (ATF). States have long resisted such calls.

Eicher Motors row: How much can a public company pay its top management, explained

BUSINESS

Eicher Motors row: How much can a public company pay its top management, explained

Institutional shareholders frowned on Eicher Motors’s decision to give managing director Siddhartha Lal a 10% pay raise, forcing the company to rework the proposal. So how much can these enterprises pay their top deck?

Central PSUs are increasingly hiring casual workers as regular employee numbers fall

BUSINESS

Central PSUs are increasingly hiring casual workers as regular employee numbers fall

The share of non-permanent workers and employees in CPSEs has rapidly increased since 2015-16 as more and more employees on the rolls seek VRS.

How India forex reserves climbed to more than $600 billion

INDIA

How India forex reserves climbed to more than $600 billion

Portfolio investment alone is not the reason for the rising pile of foreign exchange reserves.

Is demand for free foodgrain under PMGKAY slowing?

INDIA

Is demand for free foodgrain under PMGKAY slowing?

Data shows that the quantity of foodgrain distributed in May-July this year is lower compared with the same period last year when the country was locked down. What does that mean?

India is greying, and how

INDIA

India is greying, and how

The proportion of the elderly population is rising in states while the birthrate has been falling. States with good performance on various social indicators such as Kerala, Tamil Nadu and Himachal Pradesh are experiencing faster greying of their population.

Counting of women workers improves, yet many remain invisible in government surveys

INDIA

Counting of women workers improves, yet many remain invisible in government surveys

The PLFS 2019-20 reported a jump in the labour force participation rate for female workers even as the economy was slowing. Did more women start working or has the government survey refined how it counts female workers?

From shop floor to C-suite — economic liberalisation helped shatter many glass ceilings

BUSINESS

From shop floor to C-suite — economic liberalisation helped shatter many glass ceilings

The expansion of Indian businesses and the entry of MNCs in manufacturing and services opened up opportunities for women to excel.

Does India need a population control law? Data, survey say no

INDIA

Does India need a population control law? Data, survey say no

The number of babies being born in the country is almost at the level required to stabilise the size of the population. Any law to reduce child births at this point can lead to a rapid decline in the proportion of young people in the population.

What the increase in DA to 28% will mean for government employees

INDIA

What the increase in DA to 28% will mean for government employees

The 7th Pay Commission had classified all government employees into three categories – groups A, B and C. The actual increase at an individual level will be higher, as the base for calculating the revised dearness allowance will include grade pay that every government employee gets.

30 years of liberalisation: Per capita income, consumption expenditure have risen but neighbours have done better

BUSINESS

30 years of liberalisation: Per capita income, consumption expenditure have risen but neighbours have done better

As successive governments took the reforms forward, the size of the middle class grew, making India an attractive destination for foreign investors. Income rose and consumerism arrived.

Kerala badly needs investments from businesses, and not just from Kitex Garments

BUSINESS

Kerala badly needs investments from businesses, and not just from Kitex Garments

The Kerala government needs to find tax resources to pay for the welfare scheme instead of depending on borrowings. It can ill afford an incident such as the fracas with Kitex Garments.

India’s foodgrain mountain is rising and it is proving to be expensive

BUSINESS

India’s foodgrain mountain is rising and it is proving to be expensive

The current holding is about three times higher than the stocking norms for the central pool for the quarter beginning July 1.

India’s beef exports slide to 9-year low as Vietnam demand falls

INDIA

India’s beef exports slide to 9-year low as Vietnam demand falls

The rise and fall of beef exports seem linked to demand from the Southeast nation rather than domestic factors

Analysis: Why higher MSP alone won’t assure higher output of pulses and oilseed

BUSINESS

Analysis: Why higher MSP alone won’t assure higher output of pulses and oilseed

Small increases in acreage for pulses and oilseeds are not enough. And measures such as higher MSP to encourage the cultivation of pulses and oilseed have not helped bring down the area under paddy.

Why a US-like consumer-led recovery looks unlikely

BUSINESS

Why a US-like consumer-led recovery looks unlikely

Indian households may not join global peers in a spending frenzy

5 factors that led to a rise of corporate profit to GDP ratio to a 10-year high

BUSINESS

5 factors that led to a rise of corporate profit to GDP ratio to a 10-year high

The share of corporate profit in India’s gross domestic product (GDP) hit a 10-year high of 2.69% in the last financial year.

Charts of the Day: Kharif sowing of pulses likely to face free import headwinds

BUSINESS

Charts of the Day: Kharif sowing of pulses likely to face free import headwinds

There is a strong likelihood that the arrival of some portions of the imports and the early harvest in the mandis will coincide.

GDP data: Per capita income and consumption expenditure fall to 2018-19 levels

INDIA

GDP data: Per capita income and consumption expenditure fall to 2018-19 levels

The national accounts data show that the per capita income at current prices, also known as per capita net national income (NNI), for 2020-21 at Rs 1,28,829 was just a shade above the levels estimated for 2018-19.

GDP may have expanded 1-2% in Q4FY21, bettering official estimates

INDIA

GDP may have expanded 1-2% in Q4FY21, bettering official estimates

Rating agencies and brokerages estimate that the economy may have contracted by 7.5% or thereabouts rather than NSO's estimates of 8% in the January-March 2021.

Explained | Why edible oil prices are ruling high despite good crop and muted demand

BUSINESS

Explained | Why edible oil prices are ruling high despite good crop and muted demand

India’s production of oilseeds is too little to provide for the domestic demand and therefore is dependent on imports.

Explained | Why has the GST compensation gap widened and what does it mean for consumers

BUSINESS

Explained | Why has the GST compensation gap widened and what does it mean for consumers

The shortfall in GST revenues might rise to Rs 3 lakh crore and the compensation gap to Rs 2 lakh crore in the current fiscal.

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