Reporting that shows its working
Latest Five candidates file for Karnataka's West Graduates' Council seat, with both camps in the fray
Business desk
Markets, corporate results, labour, banking and the economy — read against the data rather than the noise.
India's largest telecom operator is preparing to open its subscription on 21 October and is expected to list within days. Behind the numbers is a bet that the public will pay a very high price for scale in Indian digital infrastructure.
The currency slid to 96.30 against the dollar, with capital outflows blunting what the Reserve Bank of India can do. Intervening to hold a level is not the same as defending it, and the difference shows up in India's import bill.
The French industrial-technology conglomerate is close to acquiring PTC for about $22.6bn — a deal that would bolt a leading industrial-software business onto its electrical-equipment empire.
Subhash Garg's intervention reopened an argument about national accounts that had been settled, on paper, since the last base-year revision. The government's own data has not changed. The measurement question has.
A 7.8% print for the April-June quarter has been treated as a triumph by the government and as suspect by critics. Both camps are looking at the same dataset — and disagreeing about which year it is measured from.
The seventh edition runs from September 8 to 11, and the theme has moved decisively from potential to deployment — the question on the floor is no longer what the technology can do but who is regulated to let it do it.
Capital formation doubled its growth rate in a quarter when rural demand slowed. That combination looks like capacity building. It also looks like a bet on demand that has not arrived.
Three numbers in every quarterly release describe the same three months. They are not interchangeable, and the most quoted one is the least direct.
The National Statistics Office put real GDP at ₹81.36 lakh crore. Real gross value added grew 8.2%; nominal GDP grew 10.3%.
The order gives Subhash Chandra personal relief under the insolvency law. The lenders, The Hindu reports, are left with a haircut of roughly 99%.
