The central government needs to review inflation target in the face of global trends, according to Monetary Policy Committee (MPC) external member Ashima Goyal. The government decides the inflation target for the rate-setting panel for a period of five years. At present, the consumer price index inflation target has been kept at four per cent with a tolerance band of two percentage points on either side. At the time the inflation target was set, the global rate of inflation was much lower. However, given that prices in the rest of the world are on a rise, Goyal stated that long-term inflation target must be reviewed or else there would be no inflation gap between India and the rest of the world.
References | ||
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Unemployment Rate (30-DAY MVG. AVG.) Per cent |
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7.7 | +0.1 |
Consumer Sentiments Index Base September-December 2015 |
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89.0 | +0.2 |
Consumer Expectations Index Base September-December 2015 |
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89.2 | +0.3 |
Current Economic Conditions Index Base September-December 2015 |
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88.7 | 0.0 |
Updated on : 27 Mar 2023 12:00AM |
(Rs.trillion) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
New projects | 9.01 | 5.29 | 4.50 | 6.84 |
Completed projects | 1.34 | 1.17 | 1.39 | 1.69 |
Stalled projects | 0.43 | 0.54 | 0.08 | 0.01 |
Revived projects | 0.33 | 0.29 | 0.16 | 0.68 |
Implementation stalled projects | 0.09 | 0.29 | 0.28 | 0.11 |
Updated on: 28 Mar 2023 9:28AM |
(% change) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
All listed Companies | ||||
Income | 20.8 | 40.1 | 25.2 | 16.5 |
Expenses | 19.8 | 41.4 | 26.9 | 16.4 |
Net profit | 31.6 | 21.2 | -1.2 | 6.5 |
PAT margin (%) | 8.8 | 7.2 | 7.6 | 8.3 |
Count of Cos. | 4,707 | 4,750 | 4,703 | 4,512 |
Non-financial Companies | ||||
Income | 24.8 | 50.1 | 27.8 | 14.9 |
Expenses | 25.7 | 52.9 | 31.2 | 15.5 |
Net profit | 10.1 | 8.4 | -21.4 | -9.1 |
PAT margin (%) | 7.6 | 5.7 | 5.5 | 6.0 |
Net fixed assets | 2.0 | 4.1 | ||
Current assets | 15.0 | 19.0 | ||
Current liabilities | 11.6 | 10.4 | ||
Borrowings | 3.6 | 12.4 | ||
Reserves & surplus | 11.2 | 6.8 | ||
Count of Cos. | 3,407 | 3,441 | 3,431 | 3,333 |
Numbers are net of P&E | ||||
Updated on: 28 Mar 2023 9:28AM |
(% change) | FY20 | FY21 | FY22 |
---|---|---|---|
All Companies | |||
Income | 0.6 | -1.1 | 26.6 |
Expenses | 0.3 | -3.3 | 25.6 |
Net profit | -2.9 | 73.9 | 63.9 |
PAT margin (%) | 2.1 | 4.5 | 6.7 |
Assets | 8.9 | 10.8 | 10.0 |
Net worth | 4.9 | 11.9 | 14.2 |
RONW (%) | 3.5 | 7.0 | 11.2 |
Count of Cos. | 32,302 | 31,154 | 17,502 |
Non-financial Companies | |||
Income | -1.0 | -2.1 | 30.8 |
Expenses | -0.8 | -4.0 | 30.4 |
Net profit | -19.7 | 61.6 | 61.4 |
PAT margin (%) | 2.3 | 4.0 | 5.8 |
Net fixed assets | 11.5 | 2.5 | 2.4 |
Net worth | 2.3 | 10.5 | 14.7 |
RONW (%) | 4.8 | 7.7 | 12.2 |
Debt / Equity (times) | 1.1 | 1.0 | 0.8 |
Interest cover (times) | 1.9 | 2.5 | 3.8 |
Net working capital cycle (days) | 74 | 81 | 62 |
Count of Cos. | 25,547 | 24,467 | 14,565 |
Numbers are net of P&E | |||
Updated on: 27 Mar 2023 9:58AM |