States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
Corporate India posts 25% profit surge in Q4 FY26, but rising costs squeeze marginsCorporate India's March quarter net profit surged 25.3%, driven by non-operating factors, masking operating challenges like rising input co...
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
AI Shock: IT valuations fall near levels seen during subprime crisisIndian IT exporters' valuations have plummeted to near 2008-09 subprime crisis levels, trading at 15-18 P/E multiples. This sharp decline, ...
Direct tax mop-up misses FY26 target; Collections rise 5%India's direct tax collections saw a modest rise in FY26. However, the total mop-up missed the revised target by ₹81,000 crore. Both corpor...
RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...
Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
IT cuts mid-tier, expands AI-smart entry level in new hiring playbookIndia's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers ar...
HUL margins hit by input costs despite volume growthHUL's volume growth exceeded expectations, driven by home care and beauty segments. However, rising input costs pressured margins, leading ...
India’s tax buoyancy slump is a warning for fiscal policyIndia's tax revenue growth has slowed significantly in FY26. This creates a challenge for the government balancing economic support and fis...
India needs 1.2-1.5 tax buoyancy to achieve 6.5-7pc growth: EYIndia needs to maintain a tax buoyancy of 1.2-1.5 to achieve 6.5-7% growth, according to an EY report. The government should increase the t...
Buoyant global rates to support domestic steel prices amid possible moderation in demand: ICRADomestic steel rates are likely to remain elevated on the back of favourable international price trends despite a possible moderation in de...
Eyeing top 50: Insolvency resolution, cross-border trade, contracts in focusStates might be facing a revenue gap of up to Rs 1.23 lakh crore after withdrawal of GST compensation.
Discom losses to have adverse impact on state government finances: RBIStates have to balance aspirational policy choices against two major operating constraints: generating adequate revenue within the Legislat...
Demonetisation as a Parrondo’s ParadoxThe stakes were always stacked up high against demonetisation, and odds in the game were largely skewed towards a failure.
Why wood floatsWood floats on water as per principle of buoyancy defined by Archimedes - that the water displaced equals the weight of the wood. This is t...