scorecardresearch
Saturday, June 29, 2024
TopicEconomic indicators

Topic: economic indicators

India took pride in foreign spending. Under Modi govt, it has become a source of insecurity

Since October 2023, foreign transactions above Rs 7 lakh under Liberalised Remittance Scheme have attracted a 20% tax collected at source. It’s sending a signal to big spenders abroad: we are watching you.

Investors’ scepticism about India ignores ‘significant changes’ since 2014, says Morgan Stanley

In a report released this week, Morgan Stanley said India in 2023 has made significant progress on various economic metrics compared to where it stood in 2013.

GDP data this week will indicate FY23 outlook. But analysis shows growth still below pre-Covid yrs

Analysis of industrial & consumer data not included in usual ‘high-frequency indicators’ shows although demand seems to have recovered from pandemic, it remains weak.

‘Developed’ by 2022?

PM Narendra Modi wants India to become a developed country by 2022. But the country is so far behind on indicators that it looks impossible.

On Camera

America, your Natural History museum has a problem. ‘Hall of Asian Peoples’ is a hall of shame

Every day, the New York City’s American Museum of Natural History, a popular school trip destination, exposes children to racist depictions that enable hate crimes against Asian Americans.

Unproductive speculation, rising household debt — SEBI, RBI’s concerns about India’s F&O market

RBI said India’s rising retail participation in the F&O market may pose several challenges, and the stock of household debt is 'comparatively high' in relation to GDP per capita.

Base price of Rafale agreed upon, fighters for Navy to have India-specific enhancements

Navy team has already visited Ambala air station where IAF has kept one squadron of Rafales to understand commonalities of maintenance that can be pursued.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.