Economy - general
India’s industrial production growth accelerates to 7.1% in December
12 Feb 2018
Manufacturing activity showed signs of pick-up with an 8.4 per cent growth in December, with the industry group ‘manufacture of other transport equipment’ showing the highest growth rate of 38.3 per cent
Mumbai world's 12th richest city with 28 billionaires, $950 bn in wealth
12 Feb 2018
Mumbai, with 28 billionaires and a total wealth of $950 billion, came 12th in New World Wealth's list of top 15 wealthiest cities globally, ahead of Toronto, Frankfurt and Paris
Poor GST implementation hurting India’s image, warns HC
10 Feb 2018
Seeking a reply from the government by 16 February, the Bombay High Court observed that the GST regime is ‘not tax-friendly’ and is ‘hurting the image, prestige and reputation of the country’, at a time when it is trying to attract investments
SC terms Ayodhya case as a land dispute, adjourns case to 14 March
09 Feb 2018
While tradition holds that the town was the birthplace of Lord Ram and that the Baber’s tomb was built on the spot of his inception, the activists want the apex court to deny both Hindus and Muslims access to the 2.77 acres of disputed land
Andhra grinds to halt as all parties back bandh against Budget
09 Feb 2018
Perhaps uniquely, the shut-down or bandh, originally called by the Left parties, was supported across the political spectrum, including the ruling Telugu Desam Party and even the state unit of the Bharatiya Janata Party. The Congress, the YSRCP, and the Janasena also supported the bandh
RBI keeps policy rates unchanged amidst a spike in inflation
07 Feb 2018
The Monetary Policy Committee of the central bank today decided to keep the repo rate unchanged at 6 per cent and the reserve repo rate at 5.75 per cent, while holding the Bank Rate at 6.25 per cent, citing inflationary pressures
Budget 2018: old habits die hard
01 Feb 2018
The present NDA government has been trying to deglamorize the Union Budget since the beginning of its term. It has been trying to keep most of the major policy initiatives outside the budget speech. But as they say, “Old habits die hard” — so, today was no different, says Alok Singh, BOI AXA Investment Managers
Centre may extend time limit for resolving bankruptcy cases
27 Jan 2018
The government is considering a proposal to extend the time limit for the bankruptcy resolution process by up to 60 days, following recent changes in the Insolvency and Bankruptcy Code that have led to a reset of the process in many cases
India lags behind Pak, Bangla, Nepal in inclusive development
23 Jan 2018
India was ranked 62nd among 74 emerging economies on World Economic Forum's Inclusive Development Index, well behind all its BRICS peers and even Pakistan, Bangladesh, Sri Lanka and Nepal
India’s richest 1% corner 73% of country’s resources: survey
22 Jan 2018
The situation is grimmer globally, where 82 per cent of the wealth generated last year went to 1 per cent, while 3.7 billion people that account for the poorest half of population saw no increase in their wealth
GST Council slashes rates on 29 goods and 53 services
18 Jan 2018
The council, however, left a decision on bringing petrol and diesel under GST and the issue of simplifying the returns filing process to the next meeting
82% of Indian kids are in school, but 25% can’t even read time!
18 Jan 2018
Taking Prime Minister Narendra Modi’s constituency Varanasi as a test case, a survey found that while 82.4 per cent of teenagers are in school, basic arithmetic, geography and computers are a mystery to many of them
GST Council meeting may try to douse the fuel price fire
17 Jan 2018
The BJP-led government has cut excise duty only once during its tenure-but raised it nine times between November 2014 and January 2016, and there is a case for lowering the central levy before states reduce the VAT on fuels
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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