Ishaan Gera

Union Budget 2023-24 ready reckoner: A fiscally prudent approach

The Centre stuck with fiscal prudence, project­ing a decline in fiscal deficit to 5.9 per cent of GDP in FY24

Economic Survey: GDP growth expected to reduce, but govt finances improving

Private investment is picking up, and IT services exports remain resilient

State budgets are spending more, putting in more money for development

Centre's expenditure on non-development categories like salaries, pensions payments has increased

Banking, between the lines

An arcane subject like banking has been brought to life in 'Roller Coaster' with all the elements of a fictional account-the characters, drama, and intrigue

Statsguru: Six charts show average variation in the Budget estimates

In the ten years between 2012-13 and 2021-22, the government has been able to meet its Budget Estimate (BE) only four times

Indian economy expected to grow 7%: How GDP forecasts changed in 3 years

The average variation in value added is 1.5 percentage points between the first and last estimates

By March, we'll be closer to pre-Covid levels: ESAF Small Finance Bank MD

Thomas says the bank expects to bring the microfinance portfolio down to 60 per cent of its book

A question of quota: How to determine who is 'economically weak'

Determining who is 'economically weak' will shape the success of the reservation policy

Statsguru: States' finances are improving, debt likely to shoot up

When the Union government announced Budget for 2022-23, it had projected revenue to be 8.5% of GDP. A Business Standard analysis of latest report on state finances showed that states are catching up

Kerala mask mandate precautionary measure, no major rise in cases: Experts

They say there is no major rise in cases, and state just following WHO guidelines

Statsguru: Six charts show faltering consumer protection in India

While pendency rates in consumer courts are better than the usual courts, an analysis found that one in five of the 2.5 million cases across consumer forums were pending

India may be in better economic shape to create a rupee trade zone

But the China factor could play spoiler

As India's EV market picks up, rich states lead the race in sales

Electrics and hybrids account for 1 per cent and 5.7 per cent share of total car sales, respectively

Rates are out of tune for higher-income levels, need revisions

India is somewhere in the middle when taxation for the upper-income bracket is considered, but leaving tax rates untouched can translate into a heavier tax burden on the population

More SC, ST, OBC judges in district, subordinate courts than higher courts

Lower judiciary not well-represented in proportion to the population in some states like Odisha and West Bengal

India's GDP growth estimates may be revised by one percentage point

The average variation in growth may be as high as a percentage point over the last six years

Statsguru: Six charts explain banking sector revival amid rising rates

In March 2021, the GNPAs for SCBs were at 7.5 per cent of the total outstanding loans

Mind the North-South gap

Nilakantan RS' book explores the multidimensional gap between the two halves of India

Daily vaccination rates in India surge two-fold amid global Covid scare

This despite an infection rate of about 150-200 cases a day; Vaccine makers say there are sufficient stocks to meet rising demand

As Covid-19 cases fall, Indians drag feet to get their booster shots

Less than 30,000 booster doses daily in December, vaccine coverage flat for two months