Indian Economy & Business Analysis

GDP (Gross Domestic Product) for quarter ended Dec’20 (Q3’FY21) recorded a marginal growth of 0.4% as per the data released by MOSPI (Ministry of Statistics and Programme Implementation) today. Even…

Chairman of the Fifteen Finance Commission called state distribution companies (discoms), “The Elephant in the room”, in an interview recently. Indeed, discoms are in a dire state, operating with AT&C…

FCI (Food Corporation of India) must be heaving a sigh of relief with revised allocation of Rs 3.44 lakh crore during FY21 as subsidy against initial allocation of Rs 78,000…

The report of 15th Finance Commission (FC), constituted every five years, was tabled in the parliament on the day of the budget. The Finance Commission is an important constitutional body…

Against total receipt of Rs 19.8 lakh crore, government is projected to spend nearly Rs 34.8 lakh crore in FY22. Other than interest payments, broad areas which account for maximum…

The Budget proposal projects total expenditure of Rs 34.8 lakh crore against receipt of Rs 19.7 lakh crore during the year 2021-22 or FY22. This implies fiscal deficit of Rs 15.1…

The budget for the year 2021-22, presented in the Parliament today, wasn’t quite the ‘never before’ budget as stated by the Finance Minister a few days back. To qualify for…

The Economic Survey, tabled in the Parliament today, makes a sombre reading with narrative woven around the ‘once in a century’ pandemic. The Survey projects the economy to shrink from…

Inauguration of a natural gas pipeline by the Prime Minister recently is an important milestone for India’s quest for cleaner fuel options. The pipeline would help increase the capacity utilization…

The year saw significant corporate events particularly in the financial services sector. Yet, there were some who managed to make the most of the crisis executing record number of deals.…