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The Hindu
4 days ago
- Business
- The Hindu
Watch: India Q4 GDP growth: Higher than expected? What helped?
The Indian economy threw a surprise by growing mildly faster than expected by analysts in the 3 months ended March 2025. What helped the economy do this? And should we really cheer ourselves hoarse on India within striking distance of Japan in GDP numbers? Last week, the government said the Indian economy grew 7.4% for the quarter ended March 2025 – a rate that exceeded some expectations. A few days prior, four agencies – SBI Research, Morgan Stanley, Nomura and Barclays had estimated growth to be anywhere between 6.4 and 7.2%. The final figures showed full-year growth for FY25 at 6.5% far slower than the robust 9.4% seen the previous year. December last, the RBI had projected a slightly lower growth estimate of 7.2% for the final quarter. SBI Research points out that a sharp increase in indirect taxes helped nudge GDP growth figures upwards. In January, gross GST revenue rose 12.3%. February collections clocked 9.1% growth while March saw the numbers surge 9.9%. Let's now see which key sectors either spurred or dragged down growth. Script & Presentation: K. Bharat Kumar Production: Shibu Narayan


The Hindu
30-04-2025
- Business
- The Hindu
Watch: Whom does a trade ban hurt more – India or Pakistan?
Pakistan made a grand statement that it was suspending all trade with India in response to India's measures following the Pahalgam attack on tourists by terrorists. How much does Pakistan do in terms of trade with India? What difference would it make to India? Whom would it hurt more? Even before the Pahalgam horror unfolded, India-Pakistan trade had more than halved since 2018. Bilateral trade fell to $1.2 billion in 2024 from a peak of almost $3 billion 6 years prior. This followed a February-2019 terror attack carried out in Pulwama in Jammu and Kashmir by a suicide bomber resulting in the death of 40 CRPF personnel. In the April 2024 to January 2025 period, India exported about $500 million worth of goods to Pakistan, according to the Ministry of Commerce. Pakistan imported mostly pharmaceuticals, chemicals, sugar and auto parts, while India's imports from its neighbour stood at just $0.42 million. Script & Presentation: K. Bharat Kumar Production: Shibu Narayan


The Hindu
23-04-2025
- Business
- The Hindu
Watch: Can India benefit from US-China tug of war?
In the roller-coaster ride that Trump's tariffs have become, a sense of tiredness has crept into the companies trying to find ways to stay unaffected. China played ping-pong with the U.S. on reciprocal tariffs till it said it wasn't going to react anymore if the U.S. responded to its latest moves with more tariffs. The Asian country called the tariffs a 'joke'. Given current status, is there a way some sectors in India can benefit? Script & Presentation: K. Bharat Kumar Production: Shibu Narayan