Bharat Petroleum Corporation Ltd. refinery in Mumbai. File. | Photo Credit: Reuters Healthy growth in shipments of petroleum products, electronic goods and chemicals helped India’s merchandise exports rise 23.04% in September, while the trade deficit narrowed to $30.21 billion year-on-year due to a dip in imports of precious metals. However, when compared to August, the […]

The overall Labour Force Participation Rate (LFPR), for persons aged 15 years and above, remained at 55.5% in September, compared to 55.6% in August. | Photo Credit: Getty Images/iStockphoto The Unemployment Rate (UR) in the country stood at 5% in September, stable compared to August, according to the Periodic Labour Force Survey (PLFS) conducted by […]

Finance Minister Nirmala Sitharaman said on Monday that India-U.S. trade talks have reached a “plateau” and further concessions from either side might be difficult. To begin with, those celebrating India extracting a great trade deal from the U.S. miss the point. While a deal with some relaxations may be better than no deal, we have […]

A litre of E20 petrol consists of 80% motor gasoline and 20% anhydrous ethanol. According to a press release by the Ministry of Petroleum and Natural Gas, India first introduced it on February 6, 2023, when public sector oil marketing companies (OMCs) began selling it at select outlets across the country. E20 promise E20 has […]

India’s Phillips curve is found to be flat, while households’ inflation expectations remain consistently higher than the RBI’s projections; this suggests that inflation targeting can lower output and employment without a commensurate reduction in inflation Source link

Robert E. Hall and Michael Woodford, the 2026 Nobel economic sciences laureates | Photo Credit: nobelprize.org Most people view macroeconomics as a result of the mechanical tweaking of some variables to alter other variables. For example, if aggregate consumer demand is down, there is immediately a call for lower interest rates and higher government doles. […]

Corporate investment, as a share of GDP, has been declining in India for some time now (Chart 1). This trend raises an important question: what explains this prolonged decline? A few things stand out in Chart 1. Corporate investment in India took off in 2004, when it jumped almost four percentage points, from 6.5% to 10.3%. After […]

Every day Sreeni wakes up at 4.30 am and checks on his mother. If she is unsteady on waking up, he will assist her to the raised toilet and wait outside as she independently uses it, assuring her that help is just outside. There is a schedule of medicines, clearly sorted and kept by her […]

Cashless. The word conjures up scenes of walking out of a hospital with a light step and a lighter heart. No bulky files, no submitting a claim and no chasing reimbursements. And certainly, no waiting anxiously. Yes? Yes and no. Cashless is one of those words in insurance that have come to mean more than […]

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto In this digital era, cash is gradually losing its sheen while digital payments are rising. Yet, in certain high-value transactions such as property purchases, business deals and loan repayments, cheque continues to hold its ground. A cheque is a bridge between a promise and […]