BUSINESS
Crude hovers around $110, India has a lot to worry about
Brent hit $100 per barrel on February 24, for the first time since 2014.
ECONOMY
Rising inflation hurts the poor in cities more than in rural areas
Food is the largest component of expenditure of the poor and therefore higher prices of vegetables and edible oils in urban areas increase the burden of inflation for those at the bottom of the pyramid in cities.
POLITICS
Deep in debt, Punjab can’t afford any new populist schemes, data shows
Punjab Polls | Sops announced by various political parties, if implemented, could push the state further into indebtedness unless new sources of tax and non-tax revenues are found.
BUSINESS
Why Budget 2022 is unlikely to stoke inflation
The government has estimated that inflation to stay within the tolerance band of the Reserve Bank of India, of 4-6 percent, while estimating nominal GDP growth at 11.1 percent.
BUSINESS
Budget 2022 | Share of taxes rise in government’s total receipts
Budget 2022: Much of the increase is attributed to a higher share of direct taxes— taxes on personal income and corporate income
BUSINESS
Budget 2022 at a glance – your definitive, quick guide to one and a half hours of FM speech
Finance Minister Nirmala Sitharaman on February 1 presented the Union Budget for 2022-23, which pegged the government’s fiscal deficit for the financial year at 6.4% of gross domestic product. Below is a quick guide to the budget.
BUSINESS
Spending on services fell 10% in FY21, say first revised estimates
Within services, spending on restaurants and hotels tanked 54% from the previous year to Rs 0.93 lakh crore as lockdown and restrictions curbed movement and hit business activity
BUSINESS
Economic Survey 2022: Measures to cool global inflation to affect capital flows, pressure exchange rate
India will need to be wary of imported inflation, especially from elevated energy prices, and likely withdrawal of liquidity by major central banks, the survey warns
BUSINESS
Futures trading ban has rarely cooled agri commodity prices. Will it do this time?
The ban, which will be in force for a year, is meant to prevent speculative transactions-led price volatility in the physical market for commodities.
BUSINESS
Explained: Why has inflation climbed, why the index varies from households’ view and where is it headed
Why your tolerance level for galloping prices is different from that of the RBI’s and other vital questions answered.
BUSINESS
Rebound in gold imports widens India’s trade deficit
The country imported nearly 300 tonnes of non-monetary gold in the second quarter of the current fiscal year as prices of the yellow metal cooled
INDIA
What the GDP numbers say about consumer demand and investment cycle
Growth will be sustained if consumption and investment continue to climb and government spending rises.
BUSINESS
Analysis: Q2 GDP back at the pre-pandemic levels
Almost all sectors other than trade, transport, hotels and communications are now at about the levels seen in July-September 2019-20 in terms of their gross value added.
HEALTH-TRENDS
Higher government spending on healthcare lowered per capita out-of-pocket expenses
The share of government expenditure on healthcare climbed to 1.35% of GDP in 2017-18, from 1.20% in the preceding fiscal year, marking an acceleration in spending when compared to the period between 2013-14 and 2016-17.
INDIA
UP population growth slowed without a law curbing large families
The National Family Health Survey suggests that the fall of TFR from 2.7 in 2015-16 was an outcome of significant improvements achieved on various social indicators, chiefly education and health.
BUSINESS
MSP policy has not benefitted most farmers
A majority of farm households are not aware of MSP and government procurement of foodgrain and other crops.
BUSINESS
Explained: Why the shipping container crisis will not end soon
In the pre-COVID days, the movement and turnaround of containers were pretty efficient. The pandemic changed all that. There are no easy fixes to the problem, and experts say that the crisis may persist for another year.
BUSINESS
Farm laws withdrawn: What Punjab and Uttar Pradesh mean for India’s agriculture
India’s agriculture sector has been growing slower than the rest of the economy. As a result, the share of agriculture in the national gross value added (GVA) has been contracting over the years.
BUSINESS
What October CPI numbers say about the cost of living
With companies raising prices of most manufactured goods to offset higher input costs, households are feeling the pain of rising inflation
BUSINESS
Explained: Why are some states resisting a VAT cut on petrol and diesel
The Union government had changed the central excise duty structure on fuels in the past few years to keep most of the revenues with itself.
BUSINESS
Canada, Australia embrace more Indians but US passport remains the most coveted
Over 1.56 lakh Indians gave up their citizenship in 2019. As many as 63,578 of them became US citizens, 31,329 Canadians and 28,470 were conferred Australian citizenship
BUSINESS
Decoded: Inflationary pressures faced by Corporate India
What has been the impact of rising inflation and limited pricing power on the profit margins of manufacturing companies? A report looking at the second-quarter earnings season.
BUSINESS
Why inflation will remain a worry for some months
Prices of food, fuel, and commodities are rising. What gives?
BUSINESS
Coal supplies shortfall alone didn’t create the power crisis
What led to the coal crisis? Was it only an unusual spike in demand?
