Monday, Aug 14, 2023
Journalism of Courage
EXPLAINED ECONOMICS NEWS
How to make Urea more efficient as a fertiliser, and why that’s needed
August 14, 2023 05:28 IST
Fortification of urea, DAP and other commodity fertilisers with micronutrients is the way forward for boosting crop yields and maximising the use efficiency of imported nutrients .
Floating rate loans: Why RBI wants proper lending conduct by banksPremium Story
August 11, 2023 21:08 IST
The RBI announced on Thursday that it will bring a framework of transparency and proper rules while resetting equated monthly instalments- (EMI-) based floating rate loans.
A lottery, gifts, or friend in trouble: What has prompted Customs to start a campaign against fraudPremium Story
August 12, 2023 07:07 IST
Retired government officials, armed forces personnel, and highly-educated men and women have fallen prey to scams related to payment of Customs duty, a senior Customs official said. The Ministry of Finance has also cautioned people against such fraud attempts.
RBI’s status quo: What it means and why MPC has kept interest rate unchanged
August 11, 2023 10:35 IST
Equated monthly instalments (EMIs) of home, vehicle and other loans are expected to remain steady for the time being. The inflation projection has been hiked from 5.1 per cent to 5.4 per cent for FY2024, with high food inflation.
Trends in Income Tax returns for 2022-23: Which states and income categories filed the most returns?Premium Story
August 11, 2023 10:35 IST
Spike in ITR filings by the biggest earners in 2022-23, low growth in the lowest income bracket; 6.81 crore returns filed in current year until August 6; Maharashtra top state in filing of returns during last four years.
ExplainSpeaking: Inflation has already stumped the common man. Is RBI next?Premium Story
August 8, 2023 08:55 IST
The key question for RBI, as it deliberates over the next three days, is: Does it expect this latest surge in inflation to be a temporary one or does it view this spike with the potential to fuel further inflation in the coming months?
Data protection Bill passed in Rajya Sabha: What it says about privacy, Centre’s powers, right to infoPremium Story
August 10, 2023 14:45 IST
The Bill has retained the contents of the original version of the legislation proposed last November, including those that were red-flagged by privacy experts. Here is what the final version looks like.
Why the licensing of laptops marks a further regression in India’s trade stancePremium Story
August 7, 2023 15:06 IST
India started hiking tariffs well before the largely post-pandemic mood of protectionism in the West kicked in. Also, even as it negotiates a record number of bilateral trade deals, India has chosen to stay out of important regional trading arrangements, including the RCEP.
How the Modi govt has come full circle on farm lawsPremium Story
August 9, 2023 19:32 IST
From the farm laws that tried to free agricultural trade, the Modi govt has reverted to controls and curbs. This is pretty much on the lines of an earlier short-lived experiment at decontrol, back in 1947-48 under Nehru.
How the online dispute resolution system announced by Sebi will workPremium Story
August 7, 2023 10:35 IST
The new system will harness online conciliation and online arbitration for resolution of disputes arising in the securities market.
The IPO market is hot, but here’s why you should think before rushing inPremium Story
August 4, 2023 22:05 IST
Since April this year, 12 companies have raised a total Rs 12,149 crore through IPOs, according to data compiled by Prime Database. Some of the successful IPOs include Mankind Pharma, Cyient DLM Ltd, Ideaforge Tech, and IKIO Lighting.
The new restriction on Personal Computers/laptop imports: Why the move, and its potential impact
August 4, 2023 11:08 IST
Import of laptops, tablets, all-in-one personal computers, and 'ultra small form factor' computers and servers falling under HSN 8741 will be ‘restricted’ and their import would be allowed against a valid licence for restricted imports, the notification said.
GST Council meet: Discussions on issue of online gaming, casinos, horse racing to be held
August 3, 2023 10:36 IST
The meeting to be held via videoconferencing will begin at 1600 IST to take a final call on the levy of 28 per cent GST on online gaming, casinos and horse racing.
Fitch downgrades US rating: How will this impact India and other markets?
August 3, 2023 10:35 IST
Global credit ratings agency Fitch has downgraded the credit rating for the United States to AA+ from AAA, its highest possible rating. What impact will this have on global markets?
Why has India’s gold demand declined in April-June quarter?
August 1, 2023 18:21 IST
In the second quarter of 2023, the demand for gold in India fell by 7% from last year, according to a report by the World Gold Council. Here are the factors that led to this.
ExplainSpeaking | The rise of Indian entrepreneurs: A reality checkPremium Story
August 1, 2023 13:19 IST
Contrary to the popular notion, the only category where Indian entrepreneurship is rising is the ‘self-employed’ one. That refers to jobs like taxi drivers, astrologers, etc., and reflects poorly on the broader economic conditions in India.
Monsoon and food inflation: a status checkPremium Story
August 1, 2023 10:31 IST
The July turnaround in rainfall has enabled a smart pick-up in kharif plantings, including of rice. But the threat from a strengthening El Nino, whose impact could extend to the rabi crop, remains.
Why SEBI is reviewing delisting norms, and may choose the ‘fixed price’ methodPremium Story
July 31, 2023 15:10 IST
The capital markets regulator has said it may allow companies to delist shares at a fixed price, as against the current 'reverse book-building' process.
Why did Mahindra & Mahindra’s shares fall after stake purchase in RBL Bank?
July 28, 2023 10:21 IST
Under the Reserve Bank of India rules, M&M can’t take over a bank. It can hold a maximum of 10 per cent in a private bank subject to RBI approval.
3rd largest economy in 3rd Modi term? Anatomy of India’s growthPremium Story
July 31, 2023 15:17 IST
This story is likely to continue even in the coming years. Despite India’s economy not growing as fast as it would like to (read 8%-9% per annum), even a more modest growth rate of 6% per annum will be enough for India to overtake Germany and Japan by 2027.
SEBI chief says instant settlement of trades in the works: What does it mean, and how will investors benefit?
July 25, 2023 18:08 IST
'Settlement' is a two-way process that involves the transfer of funds and securities on the settlement date. As of now, there is a lag between trade and settlement
ExplainSpeaking: Making sense of Rajasthan’s Minimum Guaranteed Income BillPremium Story
July 25, 2023 10:05 IST
It is important to note the exact wording of the title of the Rajasthan Bill, since it is crucial to understanding the essence of what the government is trying to do. It is “minimum guaranteed income,” not “minimum income guarantee”.
Govt hikes EPFO interest rate: Why it nudged for a below 8 per cent level earlier
July 25, 2023 09:57 IST
Over the years, the finance ministry has questioned the high rate retained by EPFO and has been nudging it to reduce it to a sub-8 per cent level. EPFO rate continues to be among the highest when compared with other savings instruments.
Ethanol+petrol: How to blend more and blend betterPremium Story
July 25, 2023 09:56 IST
Distilleries have diversified from molasses to a range of feedstocks, enabling blending rates with petrol to more than double to 11.75% in past five years. Modi govt’s differential pricing policy for ethanol has helped.
The dramatic transformation of India’s oil trade with Russia, in seven chartsPremium Story
July 25, 2023 22:08 IST
In a little more than a year since the war in Ukraine began, deep discounts offered by Russia have made it the biggest source of crude for India. This is the story of the biggest shift in India’s oil trade in recent history, told in seven charts.
