@TanaySukumar

@TanaySukumar

Mint

@livemint

#MintPlainFacts | Billionaire Gautam Adani has pledged his entire stake in Ambuja Cements Ltd and ACC Ltd to foreign banks.

(Pragya Srivastava reports)

Read here: livemint.com/economy/data-r…

#MintPlainFacts | Interest rate hikes by the US Federal Reserve have been a key reason for the weakening of the rupee.

Read here: livemint.com/economy/data-r…

#MintPlainFacts | India's automobile sector, which has been grappling with low demand and raw material shortages, is expected to post its best-ever festive period growth in the coming season.

Read here: livemint.com/economy/data-r…

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Mint

@livemint

#MintPlainFacts | This week we look at the much-anticipated public offer of #LifeInsuranceCorporation of India, the voter turnouts in the ongoing state polls, and the political narratives being forged on Wikipedia’s pages

(By @TanaySukumar) | Read: bit.ly/34IAlHK

@TanaySukumar

#MintPlainFacts | Project inaugurations during electoral campaigns are all about timing. Uttar Pradesh completed a record ₹53,162 crore worth of infrastructure projects in the Dec quarter, a recent Mint analysis showed.

(By @TanaySukumar) | Read: bit.ly/34IAlHK

@TanaySukumar

#MintPlainFacts | After a long wait, state-owned insurer Life Insurance Corp. of India finally filed its draft papers with the stock market regulator on Sunday ahead of a public offer.

(By @TanaySukumar) | Read: bit.ly/34IAlHK

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Mint

@livemint

@shijith

#MintPlainFacts | With society becoming polarized and people living more of their lives online, one phenomenon that’s been growing is #Wikipedia vandalism.

(By @shijith) | Read: livemint.com/technology/kum…

@shijith

#MintPlainFacts | Religion is a hot topic in online discourse. The Wikipedia article about ‘Bhagavad Gita’ was among the most vandalised last year.

(By @shijith) | Read: livemint.com/technology/kum…

#MintPlainFacts | Wikipedia pages about thinkers and philosophers also got abuse.

In the article, one user removed the part about how the Hindutva icon saw Muslims and Christians as people who couldn’t be a part of India

Read: livemint.com/technology/kum…

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Mint

@livemint

#MintPlainFacts | A week from now, FM Nirmala Sitharaman will present the 2nd consecutive Union Budget with an eye on free-flowing spending taps to prop up the fragile economy.

But imminent bond redemptions in the coming years present one big hurdle.

livemint.com/budget/expecta…

Healthy tax collections, which are likely to continue into 2022-23, could provide some wiggle room to keep up the capital expenditure.

#MintPlainFacts: livemint.com/budget/expecta…

Loosening the fiscal deficit target to allow spending is no longer an option. Rather, Sitharaman will be expected to tighten it to rein in debt. More worryingly, a third of the additional spending is on account of subsidies.

#MintPlainFacts: livemint.com/budget/expecta…

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Mint

@livemint

#MintPlainFacts | The Centre’s struggles with disinvestment are hurting PSUs themselves. They are seeing more of their surplus being taken by the government and are having to endure a stagnation in market value

Read: livemint.com/economy/how-de…

#MintPlainFacts | On 10 August 2017, the Bombay Stock Exchange introduced the S&P BSE Bharat 22 Index. This index measures the stock performance of 22 companies that had seen different degrees of disinvestment by the Centre.

Read: livemint.com/economy/how-de…

#MintPlainFacts | During this period, PSUs, as a collective, have been distributing more of their net profits as dividends.

Read: livemint.com/economy/how-de…

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Mint

@livemint

#MintPlainFacts | The IMF will release its updated economic outlook amid Omicron spread. Q3 earnings for two major companies, Cipla and Maruti Suzuki, are also due this week.

Read: livemint.com/news/india/dat…

#MintPlainFacts | Like every year, the Padma awards of this year will be announced ahead of Republic Day. Since their inception in 1954, 321 Padma Vibhushan, 1,278 Padma Bhushan, and 3,223 Padma Shri titles have been awarded

Read: livemint.com/news/india/dat…

#MintPlainFacts | The International Monetary Fund (IMF) will release its updated forecasts on economic growth on Tuesday. This will be a revision of the October figures.

Read: livemint.com/news/india/dat…

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Mint

@livemint

@TauseefShahidi

#MintPlainFacts | Here’s a look at five factors that make #COP26 an event to keep an eye on, for both India and the world—and how to understand India’s attempt to chalk out fresh targets in its fight against climate change

By @TauseefShahidi, @niti_kiran

livemint.com/news/india/cop…

@TauseefShahidi

#MintPlainFacts | India itself has seen a 0.7°C increase in its surface air temperature during the last 120 years, a report by the ministry of earth sciences found in March.

By @TauseefShahidi, @niti_kiran

livemint.com/news/india/cop…

@TauseefShahidi

#MintPlainFacts | The US, the EU and Japan see that year by 2050, and China by 2060.

But India is yet to declare a target, despite being the fourth largest emitter. This puts it under the spotlight ahead of COP26...

By @TauseefShahidi, @niti_kiran

livemint.com/news/india/cop…

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Mint

@livemint

#MintPlainFacts | Last week, the Congress pledged to field women in 40% of the seats in the upcoming Assembly elections in Uttar Pradesh. At the outset, it could be seen as a way to boost the dismal representation of women in Indian politics.

livemint.com/politics/news/…

In the 1980s and 1990s, the gap was still around 9-10%.

But in the 2014 Lok Sabha elections, male voter turnout exceeded the female turnout only marginally. By 2019, the gap had almost closed.

livemint.com/politics/news/…

This was not simply a national-level trend: women outnumbered men in voter turnout across most states.

In 2014, this was true for 12 of 29 states, but the trend reversed in 2019, with women voter turnout exceeding men’s in 16 states.

livemint.com/politics/news/…

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Mint

@livemint

#MintPlainFacts | India’s economy appears to have faced hiccups in its recovery trajectory in September as global supply constraints and an upbeat domestic mood resulted in divergent trends.

Read here: livemint.com/economy/indias…

#MintPremium | The deterioration was driven by the consumption segment, even as the ease of living segment remained worrisome. In August, the tracker had reported its best performance in five months, with just seven indicators in red.

livemint.com/economy/indias…

In a report on 21 October, credit rating agency #ICRA noted that India's recovery had continued into the September quarter as the second covid-19 wave subsided, but turned “multi-speed".

livemint.com/economy/indias…

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Mint

@livemint

@TauseefShahidi

#MintPlainFacts | After languishing in the bottom half of Mint’s emerging markets tracker over the past few months, India has now moved to the third position among the 10 largest emerging markets, outranking Asian peers

(By @TauseefShahidi)

Read here: livemint.com/economy/as-vir…

@TauseefShahidi

In May and June, as India struggled to contain the second wave, several Asian peers experienced a robust economic recovery on the back of a rebound in global trade.

#MintPlainFacts by @TauseefShahidi

Read here: livemint.com/economy/as-vir…

@TauseefShahidi

The key differentiator for India remains a low covid case count. It is the decline in caseloads & the opening up of the economy that have allowed manufacturing activity to roar back to life...

#MintPlainFacts by @TauseefShahidi

Read here: livemint.com/economy/as-vir…

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Mint

@livemint

#MintPlainFacts | The government presents a mixed card in the first quarter on the two cornerstones of its fiscal strategy. On revenue collection, it exceeded expectations. On capital expenditure, it’s below expectations

(By Rangoli Agrawal)

Read here: livemint.com/economy/centre…

The Union government is off to its best revenue collection drive in five years, with collections touching 28% of its budgeted revenues for fiscal year 2021-22 (FY22) in the first quarter (April-June) alone.

#MintPlainFacts by Rangoli Agrawal

Read here: livemint.com/economy/centre…

The Centre has done well in receipts, but not on capital spending. On 30 June, the Centre directed ministries, with some exceptions, to limit their spending in the second quarter to 20% of the full-year amount

#MintPlainFacts by Rangoli Agrawal

Read here:livemint.com/economy/centre…

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Mint

@livemint

#MintPlainFacts | The online survey, which covered 10,285 respondents across 203 cities in the June-July period, shows that 41% respondents find the Prime Minister (PM) responsible for the covid tragedy.

(By Rahul Verma, Ankita Barthwal)

Read here: livemint.com/politics/news/…

The continued support for incumbents in the face of disaster may appear baffling at first. However, there are three important clues in the survey that help us make sense of this reaction.

#MintPlainFacts by Rahul Verma, Ankita Barthwal)

Read here: livemint.com/politics/news/…

The second wave did not impact people’s economic outlook significantly and hence they may have been willing to overlook the failures of politicians.

#MintPlainFacts by Rahul Verma, Ankita Barthwal)

Read here: livemint.com/politics/news/…

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Mint

@livemint

@KwatraNikita

Poorer respondents experienced a bigger drop in incomes during the pandemic, and are less hopeful about the future compared to their richer counterparts, the latest round of the Yougov-Mint-CPR Millennial Survey shows
@KwatraNikita
@TauseefShahidi

livemint.com/industry/human…

@KwatraNikita

@KwatraNikita @TauseefShahidi Even when jobs remained intact, incomes plunged. But it was the older cohorts who suffered bigger losses. A significant number of pre-millennials (55%) reported a loss in their income, largely due to salary cuts or declines in business profits

Read more -
bit.ly/3h5fKip

@KwatraNikita

While the economy has improved since then, the recovery has been uneven. 37% of respondents said that most people they knew had seen a recovery in incomes since the lockdown.

#MintPlainFacts by @KwatraNikita, @TauseefShahidi

Read here - livemint.com/industry/human…

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Mint

@livemint

#MintPlainFacts | The biggest party in the ruling NDA now leans less on allies than before, given its own size in the Lok Sabha, and the growth in its social base.

#BiharElections2020 #ElectionsWithMint

livemint.com/politics/news/…

#MintPlainFacts | As many as 15 political parties left NDA between 2014 and 2019 Lok Sabha elections. While this dented NDA’s strength in the LS towards the latter half of its term, BJP and NDA were able to recoup their losses and posted an even more impressive victory in 2019.

#MintPlainFacts | After 2019 elections, NDA has already lost 21 Lok Sabha seats, primarily due to the exit of the Shiv Sena.

It's possible that BJP may be able to attract new parties to join the alliance ahead of the next elections, just as it did ahead of the 2019 elections.

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Mint

@livemint

#MintPlainFacts | From high vacancies to shorter tenures to rising pendency, the Central Information Commission (CIC), India’s right-to-information (#RTI) appeals body faces a plethora of problems today.

Know more here: livemint.com/news/india/the…

#MintPlainFacts | In the first nine years since it was formed in 2005, the CIC was headless for all of 10 days. Since 2014, it has gone headless for 464 days. In each top appointment since, there has been a break, with the longest being in 2014 and 2015.

#MintPlainFacts | Rising case pendency at the commission suggests that the appeals body is in urgent need of more commissioners.

In October 2017, the CIC had 24,287 appeals and complaints pending before it. In October 2020, this figure had increased by 52% to 36,894.

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Mint

@livemint

@PoojaDante

The recovery in #economicactivity is gradually becoming more broad-based, with high-frequency indicators across Indian states picking up pace, Mint’s state recovery tracker shows.

Read today's #MintPlainfacts by @PoojaDante and @TanaySukumar here mintne.ws/3mLhAq9

#MintPlainFacts | Public mobility in the 6 largest state economies of India reached 79% of pre-#pandemic levels in October, the highest since March.

These states will matter the most in economic recovery as they make up half of India’s #economicoutput.

mintne.ws/3mLhAq9

Public mobility is one of the high-frequency indicators in the recovery tracker. Three other indicators, which serve as proxies for economic activity—electricity consumption, #GST collections, and vehicle sales—are also considered in the tracker.

livemint.com/news/india/wes…

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