Most economists opine that the current framework of retail price inflation at four per cent with plus and minus two per cent has augured well, as per a report in Business Standard. According to them, it is imperative that the inflation band be retained to anchor inflation expectations and for overall macroeconomic stability. However, Madan Sabnavis of Care Ratings has called for target to be changed to five per cent, plus or minus two per cent. Economists also pitched for monitoring core inflation and said that the Monetary Policy Committee should be given leeway to choose target. Former chief statistician Pronab Sen has suggested that core inflation should be targeted at three per cent plus minus one per cent. The inflation targeting monetary policy framework came into force in 2016 and its next review is due before 31 March 2021.
References | ||
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Unemployment Rate (30-DAY MVG. AVG.) Per cent |
|
7.4 | +0.3 |
Consumer Sentiments Index Base September-December 2015 |
|
57.5 | 0.0 |
Consumer Expectations Index Base September-December 2015 |
|
58.9 | 0.0 |
Current Economic Conditions Index Base September-December 2015 |
|
55.2 | 0.0 |
Updated on : 18 Apr 2021 12:00AM |
(Rs.trillion) | Jun 20 | Sep 20 | Dec 20 | Mar 21 |
---|---|---|---|---|
New projects | 0.96 | 1.40 | 1.16 | 1.40 |
Completed projects | 0.26 | 0.73 | 0.83 | 0.62 |
Stalled projects | 0.11 | 0.08 | 0.31 | 0.14 |
Revived projects | 0.68 | 0.29 | 0.11 | 0.13 |
Implementation stalled projects | 0.09 | 0.07 | 0.15 | 0.30 |
Updated on: 18 Apr 2021 8:28PM |
(% change) | Jun 20 | Sep 20 | Dec 20 | Mar 21 |
---|---|---|---|---|
All listed Companies | ||||
Income | -27.6 | -6.3 | 1.6 | 6.2 |
Expenses | -27.9 | -10.3 | 0.1 | 4.5 |
Net profit | -40.3 | 47.2 | 57.9 | 12.4 |
PAT margin (%) | 5.3 | 8.3 | 8.5 | 21.1 |
Count of Cos. | 4,400 | 4,400 | 4,371 | 22 |
Non-financial Companies | ||||
Income | -37.4 | -10.5 | 0.2 | 6.1 |
Expenses | -37.7 | -14.2 | -0.7 | 5.2 |
Net profit | -56.0 | 31.5 | 54.6 | 9.1 |
PAT margin (%) | 4.5 | 8.1 | 8.9 | 20.7 |
Net fixed assets | 5.9 | 2.5 | ||
Current assets | 0.7 | 0.5 | ||
Current liabilities | -2.7 | 5.1 | ||
Borrowings | 8.3 | 6.4 | ||
Reserves & surplus | 4.2 | 5.7 | ||
Count of Cos. | 3,265 | 3,265 | 3,251 | 17 |
Numbers are net of P&E | ||||
Updated on: 18 Apr 2021 8:28PM |
(% change) | FY19 | FY20 | FY21 |
---|---|---|---|
All Companies | |||
Income | 13.3 | -0.1 | -8.7 |
Expenses | 13.6 | -0.1 | -9.8 |
Net profit | 15.4 | -10.8 | 0.2 |
PAT margin (%) | 2.1 | 2.1 | 9.5 |
Assets | 9.6 | 7.7 | 0.3 |
Net worth | 8.5 | 4.3 | -0.5 |
RONW (%) | 3.8 | 3.6 | 9.3 |
Count of Cos. | 30,693 | 29,280 | 30 |
Non-financial Companies | |||
Income | 13.9 | -2.0 | -9.4 |
Expenses | 14.1 | -1.7 | -10.7 |
Net profit | 21.7 | -20.9 | 0.7 |
PAT margin (%) | 2.9 | 2.4 | 10.2 |
Net fixed assets | 5.5 | 8.8 | 0.0 |
Net worth | 8.1 | 2.0 | -0.7 |
RONW (%) | 6.4 | 5.0 | 10.6 |
Debt / Equity (times) | 1.0 | 1.0 | 0.1 |
Interest cover (times) | 2.3 | 2.0 | 18.8 |
Net working capital cycle (days) | 71 | 70 | 47 |
Count of Cos. | 24,568 | 23,344 | 23 |
Numbers are net of P&E | |||
Updated on: 11 Apr 2021 5:03PM |