The job of breaking the back of inflation is left to the government's proactive supply management strategies, for now
Railway freight was up last week after rail traffic resumed in the state of Punjab after a month-long shutdown due to the farmers' agitation against the new farm laws
Lay out a credible fiscal consolidation plan, reverse tax buoyancy decline, and boost non-tax revenues
The data for East Asia & Pacific, excludes high income countries such as Japan, South Korea, Taiwan, Hong Kong, Australia, and New Zealand
Usually, in the June quarter, the GDP shrinks by about 3-4 per cent compared to the previous quarter. This is because there is seasonality in the GDP series
The Covid-19 pandemic chipped away nearly one-sixth of India's real output in H1
Q2 numbers encouraging, but outlook is still fairly uncertain
The improvements are expected to continue, with some analysts seeing the country returning to growth as soon as this quarter
Economists in a Reuters poll forecast gross domestic product in Asia's third largest economy to shrink 8.8% in the September quarter
Household appliances like washing machines, refrigerators, television sets and air conditioners will get expensive by at least 3-5%
As Q2 will be the second quarter of economic contraction, India in all probability has entered a technical recession for the first time since quarterly GDP data began being compiled
For states staying within the fiscal deficit targets is important, but not by cutting back on expenditure
China's role as lender has complicated relief efforts
We are usually wrong in our predictions about the economy and market, especially since we bring in our own biases to fill the vast gaps in our information. And yet, we cannot help but predict
This makes India most indebted major economy in the emerging markets after Brazil and Argentina and worse off than Bangladesh and Pakistan
A bigger danger is that instead of taking corrective action, politicians may double down on past mistakes and seek salvation in autarky
Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon. T N Ninan explains why
Here's a selection of Business Standard opinion pieces for the day
India should learn from Bangladesh's resilience and growth