Statistically Speaking

RBI’s bank lending survey for Q4 of 2023-24

06 Apr 2024 03:33 AM IST

Today, the Reserve Bank released the results of 27th round of its quarterly Bank Lending Survey1, which captures qualitative assessment and expectations of major scheduled commercial banks on credit parameters (viz., loan demand as well as terms and conditions of loans) for major economic sectors2. The latest round of the

Reserve Bank MPC preview: What to expect

05 Apr 2024 02:44 AM IST

Yet another unexciting MPC meet is lined up this week. “We think the RBI’s tone will slowly tiptoe to ‘Gracklish’ from the usual ‘Hawk-Dove’ signaling, implying a non-committal stance and limited definite forward guidance ahead,” says a research report ‘RBI MPC Preview’ by Emkay Global Financial Services. The fluidity of

Booming real estate results in higher recoveries of stressed assets: Study

05 Apr 2024 02:40 AM IST

Recovery in key infrastructure sectors has cast a positive impact even on the stressed assets in these industries as is reflected in marked improvement in realisation of such assets in real estate, roads, power and steel, according to an ASSOCHAM- CRISIL Ratings study. Recoveries in real estate topped the list,

Estimating food demand and supply in the future

04 Apr 2024 01:30 AM IST

According to a report by the Niti Aayog Working Group, food demand comrises the direct demand as food and the other uses such as seed, feed, and raw material for processing and other industries.The availability of food comprises domestic production, carry-over stock and imports, says the report titled ‘Crops Husbandary,

UPI transactions up 56% in H2 2023: Report

04 Apr 2024 01:27 AM IST

Worldline on Wednesday unveiled its India Digital Payments Report for H2 2023 (July-December 2023) which captures a series of noteworthy trends and shifts within the digital payments landscape. The report reveals that UPI remains dominant in the payment system and is rapidly expanding its reach beyond India. The report said

Energy reserves and potential for generation

03 Apr 2024 01:40 AM IST

Energy reserves are part of the energy resources that, based on technical, economic and other relevant (e.g., environmental) considerations, can be recovered and for which extraction is justified. The exact definition of reserves depends on the kind of resources in focus. Globally, the United Nations Framework Classification for Fossil Energy

Changes in consumer preferences for food

03 Apr 2024 01:34 AM IST

India is envisioned to be in the league of developed nations by 2047, the centenary year of its Independence. To realize this vision, the economy has to grow at an accelerated rate of about 8% per year or so, from the 6.34% realized in the recent decade. In 2047, India’s

Declaration of stock position of wheat is now mandatory

30 Mar 2024 03:48 AM IST

In order to manage the overall food security and to prevent hoarding and unscrupulous speculation, the Government has made it mandatory for traders/wholesalers, retailers, big chain retailers and processors in all states and union territories to declare their stock position of wheat on the portal (https://evegoils.nic.in/wheat/login.html) from 1 April, 2024

India joins the race to mine the deep sea

29 Mar 2024 02:35 AM IST

The Centre has recently submitted two applications to the International Seabed Authority (ISA) for approval of two plans of work for exploration in the international seabed area (the Area) of the Indian Ocean. One application has been submitted for the exploration for polymetallic sulphides in the Indian Ocean Ridge (Carlsberg

Deaths from terrorism up 22% at 8,352 in 2023

29 Mar 2024 02:33 AM IST

This is the eleventh edition of the Global Terrorism Index (GTI), which provides a comprehensive summary of the key global trends and patterns in terrorism since 2012. The GTI report is produced by the Institute for Economics & Peace (IEP), using data from Dragonfly’s TerrorismTracker database and other sources. In

Housing sales in top 7 cities record 14% yearly rise in Q1 2024

28 Mar 2024 03:56 AM IST

Housing sales have risen 14 per cent, while average prices are up 10-32 per cent across seven major cities during the January-March period of this year, as demand continues to be strong, according to Anarock. The sales of residential properties increased in Mumbai Metropolitan Region (MMR), Pune, Bengaluru and Hyderabad,

Risks of fewer job creation exist: ILO

28 Mar 2024 03:46 AM IST

The economic slowdown is expected to finally catch up with job creation in 2024. Some of 2023’s labour market resilience may have resulted from the fact that employment is typically a lagging indicator, so weaknesses in job creation are more likely to unfold some time after economic growth slows. Thus,