Agricultural growth and higher government consumption spending means private consumption will support growth this fiscal. However, weak urban demand and elevated food inflation will limit its overall impact, leading to a slowdown in the pace of economic momentum. RBI may cut interest rates only towards end of the financial year
The US has never been so overhyped, relative to the rest of the world
Sanghnomics: In August, violence against Hindus in Bangladesh under Muhammad Yunus' government sparked concerns in India. Despite strong economic ties, India must carefully navigate sanctions, as China's influence grows in Bangladesh
The U.S. and E.U. are creating additional trade barriers for China. The move may hurt developing countries like India as China may resort to heavy dumping of goods on India and other developing countries
Out of the GVA growth of 5.6 percent in Q2, the contribution of services was 4.1 percentage points. The rest of the economy contributed the balance 1.5 percentage points. That’s how lopsided growth was in Q2
While real GDP growth fell from 6.8 percent in Q1, FY 25 to 5.4 percent in Q2, the urban unemployment rate improved from 6.6 percent to 6.4 percent, according to the quarterly PLFS survey
Growth in non-food bank credit outstanding has been slowly decelerating and it has come down from 13.6 percent in August to 11.5 percent in October and further to 11.15 percent by mid-November
In spite of all the efforts put into Make in India and the Production-Linked Incentive (PLI) programmes, the share of manufacturing in total GVA in the September 2024 quarter was lower than in the September 2014 quarter
The merger will strengthen Aster’s position in Hyderabad and South India, but it also faces certain challenges.
Weighed down earlier by corruption allegations, the sweep in the bypolls proved the CM is still the most popular political leader in the state. The outcome has thrown BJP and JDS into disarray. But what Karnataka needs now is a government that is sharply focused on governance
While Q2 growth is at a 7-quarter low, growth is likely to pick up during the second half of the fiscal year. And with inflation still much higher than the target, there is unlikely to be a shift in focus from inflation to growth during the MPC’s meeting next week
Green finance is an urgent necessity, not a distant goal. Despite misconceptions, it offers substantial economic and environmental benefits. Financial institutions must embrace comprehensive ESG strategies, assess green opportunities, and collaborate to drive sustainability, ensuring long-term growth and impact
A look at some articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams for your weekend read
The rule of law is undisputedly one of the most fundamental requirements of the democratic state. And, one ingredient that is essential for enforcing the rule of law is an independent judiciary. That independence can be realised by judges and no one else. As Justice BV Nagarathna said, it’s the “personality” of judges which will determine the extent of judicial independence and autonomy
Until three years ago, being a specialist like a microfinance lender or catering exclusively to affordable housing or consumer loans helped, especially in raking premium valuations. Today, being a jack of all trades is helping lenders position themselves better amidst concerns emerging in various pockets of the financial services sector
The pattern leading to Sambhal warrants scrutiny, for it has the potential to irreparably degrade India’s societal ozone layer and related internal security fabric. Mohan Bhagwat’s sage counsel in June 2022 must be heeded by those entrusted with the governance of the country
The idea that putting more data into a bigger model will deliver smarter systems is starting to break down
RSSFACTS: The RSS has played a key role in restoring democracy, despite repression. In Contrast, the Congress Party has taken several controversial actions like curbing free speech through the First Amendment, imposing Emergency, and bypassing judicial rulings
Most monopolies in the technology world have been reduced to dust by startup business ideas using newer technologies. A push to divest it may spur Google to invest further in AI to diversify its business lines
Higher delinquencies lead to higher provisioning and credit costs, thereby affecting their bottom line
The sharp jump in fake 500-rupee currency notes came in the year 2021-2022 when the number doubled to 79669 mpcs from 39453 mpcs in the previous fiscal year
As AI continues to reshape lives and livelihoods, the world trade body pitches for the watchdog role to monitor its impact on global trade
Housing finance continues to win among investors and unsecured lending is an untouchable.
Financial institutions are at the front lines of fighting fraud, but they can’t do it alone
The incoming administration’s "drill, baby, drill" demand will fall on deaf ears unless rising prices encourage more production
