Asit Ranjan Mishra
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Past articles by Asit:
Fitch Solutions pares down 2022 household spending forecast for India to 7%
With India's economy expected to fully recover in 2021, we believe that more conventional growth patterns will return in 2022. Economic growth will be underpinned by consumer spending, easing unemployment, and continued investments in the country's infrastructure sector, thus creating more jobs → Read More
How will PM Gati Shakti expedite infra projects?
Prime minister Narendra Modi on Thursday unveiled the PM Gati Shakti-National Master Plan for multimodal connectivity that he first spoke of from the ramparts of the Red Fort on Independence Day earlier this year. Mint explains. → Read More
Indian economy can sustain 7.5-8.5% growth for next decade: Sitharaman
We are looking at close to double digit growth this year and this would be the highest in the world, says Nirmala Sitharaman → Read More
Govt to spearhead non-core asset sales
By FY25, the government is looking to raise a sum of ₹6 trillion from the sale of state-owned assets → Read More
Government allows free hand to departments for spending in second half of FY22
The finance ministry on Friday withdrew its earlier diktat for the September quarter → Read More
OECD pares FY22 growth forecast for India to 9.7%
OECD data showed India is the worst hit among major economies, with its real GDP in June quarter 15% less than pre-pandemic forecast while relative to December quarter of 2019, its GDP is around 7% less → Read More
India sees opportunity as World Bank audit finds China fraud in Doing Business ranking
The World Bank has discontinued publishing its much sought-after Doing Business ranking after an external audit unearthed undue interference from its senior staff in changing rankings of specific countries. → Read More
India urges East Asian countries to lower non-tariff barriers to trade
Anupriya Patel said at a difficult time when the world is already reeling under lockdowns and supply chain disruptions, such restrictive barriers created by certain countries added to the existing vulnerabilities, which was not in the interest of the regional trade → Read More
Factory output gathers pace, grows 7.2% sequentially in July
Mining, manufacturing, electricity grew 19.5%, 10.5% and 11.1%, respectively, from a year earlier → Read More
Govt notifies RoDTEP rates, guidelines
The government has set aside ₹12,500 crore for the new export promotion scheme → Read More
India set to fast-track FTAs with six nations
Commerce secretary BVR Subrahmanyam said about 20 FTAs are under negotiation → Read More
India seeks review of WTO e-transmissions moratorium
India said imposition of customs duty will help generate revenues for developing countries → Read More
Parliamentary panel bats for revival of IPR appellate body
The Centre had abolished the tribunal in April, saying it only added another layer of litigation → Read More
WPI inflation eases to 12.07% in June after record rise in May
Food inflation in June decelerated to 3.1% from 4.3% a month ago, while fuel inflation eased to 32.8% from 37.6% a month ago despite the recent increase in prices of petrol, diesel and cooking gas items → Read More
Retail inflation eases marginally in June
Even though elevated inflation will put pressure on the Reserve Bank of India, it is expected to maintain its policy rates unchanged in its upcoming monetary policy review in August to protect nascent economic recovery from the devastating impact of the coronavirus pandemic → Read More
Factory output grows 29.3% in May on low base
Maintaining a rapid pace on vaccination and quickly bridging health care infrastructure gaps across both urban and rural areas would emerge as the most sustainable stimulus for durable recovery of the Indian economy → Read More
Bangladesh boom fuels Indian exports
Exports to Bangladesh grew 11% in the previous fiscal year even as India’s overall exports contracted 7% because of the pandemic, according to government data. → Read More
India ranks 43 on competitiveness index
The annual ranking, by Switzerland-based Institute for Management Development, assesses the extent to which a country promotes the prosperity of its people by measuring economic well-being → Read More
Exports rise 46% to $14.1 bn in June so far
During the first half of the month (1-14 June), exports grew 46.4% from the year-ago period to $14.1 billion..Exports are expected to support growth in FY22 by providing a cushion against the sharp correction in domestic demand. → Read More
Vaccinating 700 million adults by September key to revive economy: Finance Ministry
With around 120 days left to 31 September 2021, around 9.3 million vaccinations are required per day to achieve the herd immunity → Read More