The GDP growth numbers released on Friday (August 29, 2025), showing that growth in Q1 of this financial year stood at 7.8%, came as a pleasant surprise at a time when most of the commentary has been about the factors holding growth back. For instance, even the Reserve Bank of India, as recently as August…
Michael Patra | Photo Credit: Corporate investments are the missing links in the Indian economy which had a three-year average annual growth rate of 8.1% in fiscal 2024, according to former RBI deputy governor and economist Michael Patra. India spends among the lowest per capita on physical infrastructure ($90), Dr. Patra said. “We need to…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Gross GST collection increased 6.5% to over ₹1.86 lakh crore in August on higher domestic revenues, as per government data released on Monday (September 1, 2025). Gross Goods and Services Tax (GST) mop-up was ₹1.75 lakh crore in August 2024. Last month, the collection…
Foreign Institutional Investors offloaded equities worth ₹8,312.66 crore on August 29, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated 10 paise to close at an all-time low of 88.19 (provisional) against the U.S. dollar on Monday (September 1, 2025) amid Indo-U.S. trade deal uncertainties and higher dollar demand from importers. …
Congress general secretary in charge of communications, Jairam Ramesh. File | Photo Credit: The Hindu The Congress on Monday (September 1, 2025) slammed the government over the GDP numbers for April-June 2025, saying they have led to “irrational exuberance” and the “Trump tariff shock” is simply not reflected in them, as its real consequence will…
Healthcare decisions, perhaps more than any other, show the complex equation of trust, access and value for money. Add to that the factor of geographical distance for NRIs, and the decision becomes even more nuanced. For millions of NRIs, this decision is now shaped by the realities of rising healthcare costs abroad and the assurance…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Last week, we explored the basics of blockchain, the engine of cryptocurrencies. Now, we move on to the next layer in the chain. Since blocks can be added one after another in the blockchain, the next logical question is who adds blocks and how the…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Many appear to be interested in buying government bonds. You can buy such bonds by placing bids through your brokerage account. The intention to invest in such bonds is not surprising, given that they are credit-risk-free. In this article, we discuss the factors you must…
How did the Income Tax Department complete the “mammoth” task of rationalising and simplifying the huge Income Tax Act 1961 in just about six months, and then implementing the Select Committee’s voluminous suggestions in just one month? By cramming in 75,000 man-hours of work in that time and even putting probationers on the job, that’s…
The Hindu has learnt from various export promotion bodies that the liquidity crunch is a major concern for exporters as they have already bought the stock that they would have exported to the U.S. under normal circumstances. | Photo Credit: Getty Images/iStockphoto The Government has come up with an “action plan” to respond to the…
