Indian Economy & Business Analysis

India’s inflation based on both WPI and CPI continued its downward trajectory, reaching a level of 1.3% and 5.7% for March’23, the last month of FY23. However, annual average still…

The US banking industry witnessed three failures in March and a fourth was rescued with capital support from other banks. Another European bank, among largest global banks, was rescued through…

Periodic labour force survey (PLFS) for the period July’21 to June’22 (FY22) shows a decline in unemployment rate (UR) over previous years. However, amidst the continued sluggishness in economic performance,…

Inflation is core of any discussion on economic & policy issues as any increase in price affects the entire nation. This also prompts economists to strive to find as precise…

Indian economy has grown by 4.4% during Oct-Dec’22 quarter (Q3’FY23) as per the data released by NSO today. Growth rate significantly lower than 6.3% in Q2’23 and 5.4% in Q3’FY22.…

Crude oil refining industry in India has carved a niche for itself despite huge dependency on crude oil imports, price volatility and above all, an economic imperative to keep the…

Tata Steel reported losses for the latest quarter ended Dec’22. Coming soon after an exceptional FY22, this shows the vulnerability of its international business which overshadows the strong domestic financials.…

National highways have received much attention in the recent past with the commissioning of some big-ticket projects. The sector had lost way around 2015 when several companies failed to execute…

Tax exemptions for the corporate sector have become a curse considering the huge amount of tax being forfeited by the government. More so, since the large corporates are claiming more…

The budget proposal projects a decline in fiscal deficit (FD) from 6.4% of GDP in FY23 to 5.9% in FY24 whereas revenue deficit is projected to decline more sharply from…