Page 31 - Indian Economy

Statsguru: Omicron's impact on India's booming exports to be watched

Some large segments like engineering and electronic goods are barely above 2019 levels

Explained: Why economically weaker section could become a taxing issue

The Centre's three-member committee has recommended incorporating tax database to determine the income status of beneficiaries

Worry about middle India

Middle India has not recovered from a series of shocks

Real GDP to grow at around 9.5% in FY22: SBI Ecowrap

The report comes a day after the National Statistical Office (NSO) released the First Advance Estimates of National Income for financial year 2021-22

Best of BS Opinion: Budget basics, troubled CM of a performing state & more

Here is the best of BS Opinion pieces of the day

Govt may rein in fiscal deficit at 6.8% of GDP: First advance estimates

The government was given this lever after the first Advance Estimates pegged GDP at current prices at Rs 232.15 trillion

FY22 GDP estimate on expected lines, but there can be a downward bias

The next fiscal year (FY23) will be the one to watch out for and assuming that there would be no more Covid shocks, growth would be more real

Strong start: Sensex sees the best first week of year in a decade

The markets began the first week of the new year on a solid note, hoping that rising cases may not lead to further lockdowns

India to overtake Japan as Asia's 2nd largest economy by 2030: IHS

Currently, India is the sixth-largest economy in the world, behind the US, China, Japan, Germany and the United Kingdom

Budget basics: How govt can break out of its straitjacket and raise revenue

There are two ways: deliver a rapidly growing economic pie or re-assess tax policy - reform of GST, closing corporate tax loopholes, suggests T N Ninan

Moving beyond a zero-sum approach

In many situations, acting for oneself as well as the group gets the best results

Indian economy to grow 9.2% in FY22, fastest in world :Govt data

Risks to the economy stem from an Omicron-led third Covid wave, which may upend growth revival across sectors, specially the contact-intensive services industries

India's GDP may grow 9.2% in FY22: First advance estimates

Advance estimates are released to provide the numbers to the finance ministry to work on the Budget for the next financial year

HSBC sees coronavirus surge slowing India's economic growth this year

Economic cost will be there, but hopefully it will just be about a third or lower than the economic cost of previous waves, HSBC economist Pranjul Bhandari said

Indices snap four-day rally on coronavirus surge, Fed's hawkish tone

The indices had risen in the previous four sessions on the back of positive macroeconomic indicators

India's high import tariffs negating PLI, impacting competition: ICEA

As India doubles down on local manufacturing, the country's import tariffs in the electronics sector are still way higher than China, Vietnam and other economies

Watch Budget with BS, a tri-weekly show starting today

The show will be aired at 6 pm on Tuesdays, Thursdays and Saturdays

Best of BS Opinion: The infrastructure push, protect Aravalli range & more

Here is the best of Business Standard's opinion pieces for Thursday

The infrastructure push

Higher expenditure will be needed to sustain recovery

The denominator effect of a higher-than-expected nominal GDP

Healthy revenues, failing disinvestment, and rise in nominal GDP may take fiscal deficit from the Budgeted 6.8% of GDP to anywhere between 6.9% and 7.3%