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Slash fuel tax, raise MGNREGS outlay to spur flailing consumption, suggests Crisil

The Hindu Bureau It moots income support for low-income households hit by COVID-19 shock

BPCL to invest ₹10,000 crore in six new city gas networks

PTI Total committed CGD investment now stands at ₹22,000 cr.

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Explained | Why are oil prices high, and any relief in sight?

AP Energy costs have been one of the main drivers of what’s become the highest inflation in a generation.

‘India can make $300-bn electronics by 2026’

Special Correspondent Challenges must be overcome: report

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SEBI tightens norms for MD at listed firms

BPCL to invest ₹10,000 crore in six new city gas networks

Slash fuel tax, raise MGNREGS outlay to spur flailing consumption, suggests Crisil

ABSTRACT Economy

The illegal carry trade in China

Explained | Why are oil prices high, and any relief in sight?

‘India can make $300-bn electronics by 2026’

Crisil calls for tariff cuts to spur exports

‘Lower duties needed on inputs, raw materials to stop importing inflation’

Government should prevent K-shaped recovery: Raghuram Rajan

Ex-RBI Governor says Indian economy has ‘some bright spots and number of very dark stains’

Government should prevent K-shaped recovery: Raghuram Rajan

Mr. Rajan said that he would love to see a five- or ten-year vision for India as well as a plan for the kinds of institutions and frameworks the government intends to set up

India’s reliance on Chinese goods surged in 2021

Shipments of finished electronics to intermediate chemicals from China rose sharply, lifting imports to a record $97.5 bn

Data | Why are petrol prices steady

The retail price is linked to the international crude oil prices and that is why it changes every day

People can soon invest in infra projects: Gadkari

Minister says SEBI nod awaited to allow investments of at least ₹1 lakh in projects

U.S., India should set bold goals to achieve $500 billion in bilateral trade, says new USIBC president

Atul Keshap, the new president of the influential U.S. India Business Council, a veteran American diplomat, has served in various capacities during his career with the U.S. State Department.

Start-ups raised a record $24.1 billion in 2021: study

Two-fold rise from pre-COVID levels, according to a new study by NASSCOM and Zinnov.

Sri Lanka settles sovereign bond payment as reserves dwindle

The island nation is in its worst crisis in decades, with people facing shortages of essentials like milk powder, cooking gas and kerosene

India set to shift diet to soft oils as Indonesia curbs palm oil

Indonesia supplies 60% of India's palm oil imports

India Ratings pegs FY23 GDP growth at 7.6%

Agency expects fiscal deficit at 5.8-6%

States to get ₹47,541 cr. via tax devolution

The Centre will on Thursday release an advance instalment of tax devolution to the States amounting to ₹47,541 crore, the Finance Ministry said.

Momentum in India's favour, need to prevail over COVID: Deloitte CEO on economic development

“India will lead others in terms of growth of large economies.”

India’s oil production continues to decline

Output dropped 2% in December

Economic recovery is yet to attain durability, says ICRA

‘Early data for Jan. is weak following reimposition of curbs to check third wave’

Cost of States’ debt funds surges to 7.24%

States are shelling out more for debt funds, with the weighted average cost for their debt auctions hardening by 9 basis points to touch 7.24%, the

Oil rises past 7-year high on supply fears

Brent jumps to highest level since October 2014; analysts see shortfalls pushing prices to $100 a barrel

India extends another $500 million LoC to Sri Lanka for emergency fuel import

India on Tuesday extended a $500 million-Line of Credit (LOC) to Sri Lanka for urgent fuel imports, days after providing $900 million relief to the

Third wave to dent Housing Finance Companies' asset growth by 200 bps

Crisil sees more organic consolidation

Exports target of $650 billion within this fiscal achievable: Goyal

Commerce and Industry Minister Piyush Goyal informed that during the current month till January 15, exports have touched $16 billion.

‘Third wave undoes last year’s resumption gains’

Nomura cites fresh curbs as index falls

China’s economy grows 8.1% to $18 tn

Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook

Third wave of COVID-19 has airlines industry looking at ₹20,000 crore net loss

Domestic air traffic has already plummeted 25% in the first week of January

Oxfam report says over 16 crore more people forced into poverty in two years of pandemic

Study showed that the pandemic has set gender parity back from 99 years to now 135 years, with women collectively losing $800 billion in earnings

Budget | FADA seeks GST rate cut on two-wheelers

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2022-23 in Parliament on February 1.

ATF price hiked by 4.2%

This is the second increase in rates this month.

Explained | Why is India challenging WTO verdict on sugar?

When did Australia, Brazil and Guatemala file a complaint and what are the rules?

India’s trade with China crosses $125 billion, imports near $100 billion

Data show continued demand for a range of Chinese goods, particularly machinery

WPI inflation eases to 13.56% in December; food items, veggies see price rise

WPI inflation has remained in double digits for the ninth consecutive month beginning April.

What is social constructivism

Understanding one of the key strands in IR theory

U.S. consumer inflation soared 7% in past year, most since 1982

Rising prices have wiped out the healthy pay increases, that many Americans have been receiving, making it harder for lower-income families to afford basic expenses

Retail inflation rises to 5.59 % in December

Food inflation rose to 4.05 % in December.

Households expecting higher inflation affects bank savings: RBI paper

Sentiment shapes consumption patterns, savings: RBI paper

Retail sales rise 7% over pre-pandemic level: RAI

‘Pace of growth drops on COVID wave’

Income tax returns filing deadline for corporates extended till March 15

The deadline to file tax audit report and transfer pricing audit report for 2020-21 fiscal too has been extended till February 15.

Indian economy to see 9.5% growth this fiscal: Arvind Virmani

Mr. Virmani noted that COVID-19 pandemic hit economic recovery and pushed for tax reforms.

Third wave set to delay multiplex recovery: Crisil

‘Big ticket movie releases postponed indefinitely’

Startups can play important role to socialise, democratise availability of healthcare: Goyal

“Entrepreneurs should focus on strengthening the Make in India programme”

GST evasion: notices issued, but ‘no record of outcome’

DGGI reply to RTI query cites action on evasion of ₹9,359 cr.

‘India to surpass Japan as Asia’s 2nd largest economy by 2030’

IHS Markit sees consumption spending doubling over a decade to $3 tn by 2030

NSO estimates FY22 GDP growth at 9.2%

COVID-19 could impact final numbers, says the National Statistical Office.

Inflation hits record of 5% in 19 countries using the euro

The rise was led by a surge in energy prices, according numbers released Friday by the European Union's statistical office.

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Indian Navy Chief Admiral R. Hari Kumar with his German counterpart Vice admiral Kay-Achim Schönbach, at South Block in Delhi.

43K | German Navy Chief resigns over remarks in India on Ukraine, Russia

A drone follows a man riding a motorised surfboard in Dubai, United Arab Emirates. The UAE has banned the flying of drones in the country for recreation after Yemen’s Houthi rebels claimed a fatal drone attack on an oil facility and major airport in the country. File photo

15K | UAE shoots down 2 ballistic missiles fired by Houthis over Abu Dhabi

Brendan Taylor: ‘The same men stormed into my hotel room and showed me a video taken of me the night before doing cocaine and told me that if I did not spot-fix at international matches for them, the video would be released to the public’

10K | Former Zimbabwe batter Brendan Taylor admits receiving money from Indian businessman for spot-fixing

B-61, AJMER-280603 - JUNE 28, 2009 - Ajmer : Devotees from Pakistan offer a Chadar at the shrine of Khwaja Moinuddin Chishty during the 797th Urs in Ajmer on Sunday. PTI Photo

9K | In a first, Pakistani Hindu leader proposes flights for pilgrims to India instead of Wagah road route

9K | False dichotomy: On merit versus reservation

Mansukh Mandaviya, Union Minister of Health and Family Welfare, digitally launched the revamped website on Monday

9K | Revamped CGHS website and mobile app launched

Prime Minister Narendra Modi unveils the hologram statue of Netaji Subhash Chandra Bose at India Gate, in New Delhi on January 23, 2022. Youtube/PMO

9K | PM Modi unveils hologram of Netaji at India Gate; NGMA to make statue to replace it

People take home free colour TVs in Salem, Tamil Nadu. File photo

7K | ‘Irrational freebies’ by political parties irk Supreme Court

Tedros Adhanom Ghebreyesus,WHO's director-general, laid out an array of achievements and concerns in global health over issues like reducing tobacco use, fighting resistance to anti-microbial treatments, and risks of climate change on human health

7K | WHO chief warns against talk of 'endgame' in pandemic