Annual Survey of Indian Industries – Part II
Recap – As per MOSPI survey, there are a total of 2.46 lakh factories in the country with Rs 49.7 lakh crore of capital invested (2019-20). While profits for these…
Annual Survey of Indian Industries – Part I
The results of Annual Survey of Indian Industries for the year FY21 and FY22 shows an increase of 30% and 56% in profits during the two years. This looks contrary…
The Progress Against Global Tax Evasion
Global tax evasion remains a challenge as per a report by EU tax observatory, an EU funded research body. The good news is that these evasions have come down significantly…
Analyzing RBI’s Balance Sheet – FY24
RBI’s balance sheet for the year 2023-24 (FY24) has expanded by a substantial 11.1% as per its annual report released recently. This is significantly lower than increase of 2.4% in…
Budget, FY25. Revenue & Expenditure Analysis – Part II
Against total receipt of Rs 32.1 lakh crore, central government is projected to spend nearly Rs 48.2 lakh crore in FY25. Other than interest payments, broad areas which account for…
Budget, FY25. Revenue & Expenditure Analysis – Part I
The Budget proposal projects total expenditure of Rs 48.2 lakh crore against receipt of Rs 32.1 lakh crore for the year 2024-25 or FY25. This implies fiscal deficit of Rs…
Budget 2024-25 Highlights
The full budget for FY24-25 has been a marked departure from the interim budget with strong focus on employment generation and boosting domestic manufacturing capacity. Some of the highlights of…
Analyzing GDP Growth – FY24
GDP (Gross Domestic Product) of Indian economy grew by 7.8% during Jan-March’24 quarter (Q4’FY24) and 8.2% in FY24, full year as per the data released by NSO (National Statistical Office).…
Global Trade – Analyzing the Performance
Global trade stood at $31.5 trillion in 2023, decline of about 2% over previous year as per the WTO (World Trade Organization) report. While the figure may look like a…
Inflation Analysis – FY24
India’s inflation based on WPI and CPI showed divergent trend for the year ended March’24 (FY24) but from different initial level. While CPI moved down to 4.85% in March’24 from…