Why high GST collection is bad taxation and bad economics
The hype over high GST collection hides the falling corporate tax and rising oil tax, both of which put higher burden on the poor, keep consumption demand low and drag growth down
india economy
December 2021
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April 2020
Covid-19 scars on economy will take time to heal: IMF's Gita Gopinath
IMF expecting advanced economies to reach pre-pandemic output by 2022, emerging economies to fall short.
Agri rebound pushing swift recovery, crude price a concern: FinMin
FPI flows remain robust with India reporting the highest inflow among emerging market economies, says the monthly economic report for September.
We know what we went through last summer
After a stellar earnings season in Q4 of FY21, India’s growth engine seems to have lost its steam in the June quarter because of the second wave of the Covid-19 pandemic.
How a circular economy can make India resilient
The pandemic has exposed gaps in the notion of development across global markets. India now needs to rely on a circular economy, by laying emphasis on people, planet, and profits.
Q2 GDP: In recession but on the road to recovery
Economists say the full fiscal year is likely to see contraction in GDP growth at 8%.
RIL Q4 net profit down 37%
Despite a weak business outlook, RIL looks well-poised to progress on its debt reduction plans with Jio Platforms likely to see another Facebook-like deal and a rights issue.
‘Restart economy sooner than later’
India is likely to recover faster than the rest of the world from the economic turmoil caused by Covid-19, with new opportunities presenting themselves, says Biocon chairperson.
India Inc. forecasts revenue decline, job losses, pay cuts
A FICCI-Dhruva Advisors survey finds that unless the government immediately intervenes with a large relief package, large sections of industry are at risk of permanent impairment.
Dependence on China will continue: Harsh Goenka
Unless the government throws a big lifeline, many Indian businesses may become insolvent in the aftermath of the Covid-19 pandemic, the RPG Enterprises chairman says.
