Macro Economy

Experts say power consumption has returned to pre-Covid-19 levels with spurt in commercial, industrial activities; would see robust growth in coming months

Core sector output shrinks 4.6% in Feb

Unfavourable base effect to blame; expected to improve next month

India’s economic output in 2021 likely to remain below 2019 level: UNESCAP

The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) said on Tuesday that India’s economic output in 2021 is expected ...

Domestically produced gas price likely to see upward revision come April

From April 1 the price of domestically produced gas is expected to rule higher on the back of an upward trend across different international hubs, ...

Privatising two PSBs: Ind-Ra warns of rating impact if govt cedes control

The move “could lead to material negative migration of long-term issuer ratings, and ratings on Tier 2 instruments of the banks”; impact to be more if govt privatises weaker banks

India’s goods exports likely to be 8-10% lower in 2020-21, says Goyal

Services exports, except hospitality and tourism, may also decline by not more than 10%

Arvind Panagariya wants India to have a more liberal trade regime

‘When high protection applies to products accounting for a large part of imports and low protection to products that the country hardly imports, the effect of a given average tariff is more pernicious than when the opposite is the case’

India ranks highest in workplace satisfaction: JLL HPI Index

Overall, tech workers (53%) and young professionals aged 25 to 34 (37%) make up the majority of High Performers

CBIC clarifies on GST refunds related to deemed export, zero-rated supplies

The Central Board of Indirect Taxes and Customs (CBIC) has come out with a clarification on GST refunds related to deemed export supply and ...

Industrial production contracts 1.6 per cent in January

India's industrial production contracted by 1.6 per cent in January, official data showed on Friday.According to the Index of Industrial Production ...

3.8 lakh contract workers registered on Rlys’ Shramik Kalyan portal

Indian Railways’ Shramik Kalyan e-application, which was developed and launched on October 1, 2018, has seen registration by 15,812 contractors and ...

Cement set for big growth in FY22 on infra, realty revival

Demand seen coming back in South and West

Tight global supplies to continue driving India’s maize exports till May

USDA, FAO project tight supplies, lower end stocks

Record high fuel prices: Auto LPG 40% cheaper alternative, says IAC

Consumers looking for alternative fuels amid rising petrol and diesel prices can go for Auto LPG which is almost 40 per cent cheaper, IAC said on ...

Online and offline retail could fetch $8 billion in incremental GST by 2030: Report

National Retail Trade Policy will create a conducive environment for retail: Niti Aayog

Coal India approves 32 mining projects so far this fiscal

Projects will entail an estimated incremental capital of around ₹47,300 crore

Ind-Ra: FY22 power sector outlook negative with discoms facing stress

Power demand, however, has started improving post opening-up of the economy from September 2020

Industry wants GST rate cut on branded snacks, commonly used food items

Says merging of GST slabs should be done with caution

MSMEs register growth due to offtake of government schemes: TransUnion CIBIL

MSME ‘Growth Index climbed to 114 in Sept 2020 from 111 in June

PMI for services in February expands the fastest in one year; touches 55.3

Still, employment dropped

India’s exports in February decline marginally by 0.25 per cent

Trade deficit widens as imports rise 6.98 per cent during the month

Core industries output sees marginal 0.1% rise in January

Steel, fertilisers and electricity rise; coal & cement contract

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