Indian Economy & Business Analysis

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…

Against total receipt of Rs 27.1 lakh crore, central government is projected to spend nearly Rs 45 lakh crore in FY24. Other than interest payments, broad areas which account for…

The Budget proposal projects total expenditure of Rs 45 lakh crore against receipt of Rs 27.1 lakh crore for the year 2023-24 or FY24. This implies fiscal deficit of Rs 17.9…

The budget for the year 2023-24 presented by the finance minister today has been quite pragmatic with no populist measures taken. This was widely expected considering that it was the…

IDBI Bank has been in the news due to government’s plan to divest its holding. This follows bank’s revival after being under RBI’s PCA for an extended period of time.…

Cement Industry had been in the news recently with acquisition of Ambuja Cement and its Subsidiary, ACC, by Adani group. In another development, Dalmia Bharat announced agreement for acquisition of…

The world witnessed another year of crisis, after two harrowing Covid years. Global economy ws hit by Russia’s attack on Ukraine which disturbed the entire global economy, particularly food and…

The year 2022 was the third consecutive year of turbulence, hit by the Russian invasion of Ukraine after two horrible years of pandemic. While the economy gradually moved towards recovery,…

India’s GDP is projected to grow by 10.7% during Q3’FY23 over Q3’FY20 as per RBI’s latest state of the economy report. This is based on the performance of high-frequency indicator…

Steel industry has recorded significant turnaround since its worst around 2016-19 when several companies were making losses. Several of the companies defaulted, including Essar Steel and were sold-off through insolvency…