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Articles for Economy

Steady Increase In Private Gross Fixed Capital Formation Over Last Five Years: MoS Finance

The data, sourced from the Ministry of Statistics and Programme Implementation (MoSPI), highlights a steady increase in GFCF by private corporations, with a notable dip in 2020-21 due to the COVID-19 pandemic

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Green Transition Could Revolutionise Steel Industry In India: Govt Official

The official highlights the challenges faced by the steel and aluminium industries in balancing industrial competitiveness and sustainability, as they are major contributors to carbon emissions

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real estate
Real Estate To Contribute Over 15% To India’s GDP By 2047: Report

The rise in income level and increased interest towards home ownership has led to an enhanced stamp duty collection as the total stamp duty collection for the last 10 years stands at Rs 13.7 trillion across 23 states

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Essential Commodity Index Rises By 5% YoY In July: BoB Report

The Bank of Baroda (BoB) report notes a loss of momentum in the prices of several essential commodities such as rice, pulses and edible oil, especially mustard and sunflower oil

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Operating Margins Of Poly Yarn Manufacturers To Touch 7-8% In FY25: Crisil

Owing to curbs on cheaper imports, the segment is set to recover after a two-year dull performance

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Mining & Construction Equipment Sector Posts 5% YoY Growth In Q1 FY25: Icra

Icra expects a relatively moderate 5 to 7 per cent volume contraction in FY2025 and the construction sector gross value added (GVA) to expand by 7 to 7.5 per cent

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Strong Economic Fundamentals To Drive Growth Between 7.0% And 7.2% In FY25: Deloitte

As per Deloitte’s India economic outlook for August 2024, strong growth is progressively narrowing the difference between actual gross domestic product (GDP) and no–Covid-19 levels GDP in the coming years

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Editor's Letter: Prudent Growth Strategy

This issue of BW covers Growth. The budget proposals are filled with initiatives and measures aimed at making India a developed economy

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4.77 Cr MSMEs Register On Udyam Portal As Of July 2024

The number of registrations over the years reflects a robust growth trajectory, with 2.49 crore MSMEs registered in the fiscal year 2023-24 alone

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J&K To Emerge As Torchbearer Of India’s Future Growth Story: Jitendra Singh

The minister talks about the transformation that has happened broadly at the democratic, governance, development and security levels in Jammu and Kashmir after the abrogation of Article- 370 in 2019

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