Page 3 - Abhishek Waghmare

Inflation remains a big worry ahead as country reels under Covid shock

Massive Urban spike foreseen, food price volatility may worsen as monsoon approaches; decade high wholesale inflation may put further pressure, but favourable base effect may have tempering effect

States may need Rs 30,000 cr to vaccinate 70% of those in 18-44 age group

Centre's support and private sector participation may relieve some of the load

Second wave: How locked down are we as caseload is worse than before

India is clocking close to 300,000 new infections a day, and the death toll is going past 2,000 per day.

Centre surpasses its revenue targets but higher food subsidy cancels gains

While govt made Rs 1.16 trn more revenue, it spent Rs 1.18 trn more on food subsidy too. But it can be said that the govt used the gains it made to settle FCI arrears once and for all

Domestic auto sales in India go below 2015 levels amid Covid-19 crisis

The situation was not very different globally

Most poll-bound states, save Tamil Nadu, kept testing low till elections

Covid-19 testing usually speeds up when local reports indicate a rising positivity rate. But Kerala and Assam dragged on till polls were over, while in West Bengal testing is still disastrously low

Clean slate: Govt clears FCI's liabilities to National Small Savings Fund

The government made the cash infusion before the financial year 2020-21 ended, letting FCI begin FY22 on a clean slate in terms of unsecured loans

Economic recovery on rough patch, second Covid-19 wave may dampen prospects

Gaps in recovery have been surfacing after the resurgence in new cases due to Covid-19 second wave, but the moderation in the pick-up seems to have begun well before.

Second Covid wave: Fatalities threaten to be worse this time, shows data

Deaths due to Covid-19 usually happen two to three weeks after the diagnosis of the disease, according to research and doctors' accounts

Statsguru: India continues to fail its women as Covid-19 made things worse

India's economic participation and opportunity index was rising till 2012

Pune steps up Covid-19 vaccination drive but stares at supply shortage

Worst affected district in the second wave, Pune struggles to fulfil vaccine capacity

India's fiscal deficit for April-Feb hits 76% of revised estimates

The government expects to earn revenues of Rs 1.85 trillion in March 2021, 40 per cent lower than what it earned in the year-ago period

Tamil Nadu parties raise pitch on household income support, flirt with UBI

Going to polls, all competing parties in the state have announced cash support in some form or the other. States' initiatives usually land up in the Centre's kitty of welfare schemes later

How LDF's handling of three crises could shape the poll narrative in Kerala

The electorate is most likely to rate the govt on its response to the flood, its management of the economy after GST, and its recent response to Covid-19

Looking back at lockdown: Second Covid-19 wave dims demand recovery hopes

After unlock, demand improved month-on-month till December, when it hit a speed-breaker

StatsGuru: Second Covid wave ominously worse than the first in India

The 14-day average of new daily cases has risen from the low of about 1500 to over 5000 in less than a month, about four times fast than the time taken for this jump in the first wave

Households saved less in Q2, spent on discretionary items: RBI bulletin

The flip-flop in flows of financial savings was not very different in advanced economies, where net financial savings rose sharply in Q1 and declined in Q2

Poll-bound states spend heavily this year amid ambitious Budget projections

But their Budget numbers are inclined to be overstated due to substantial revisions in revenues and grants shared by the Centre

Covid-19 surge in Maharashtra linked to delay in testing, shows data

Other big states see an uptick in cases as vaccination gathers pace at the other end

Statsguru: Bond market pressure is getting reflected in the stock market

Bond markets are showing signs of nervousness, and yields on the 10-year government bonds are on the rise