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19 Aug, 4 tweets, 4 min read
#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…
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…
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…
Rising inflation, slow vaccination, and a rampaging virus have dampened the outlook for most emerging markets across the world over the past couple of months.

#MintPlainFacts by @TauseefShahidi

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

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18 Aug
#MintLongStory | The business climate has rapidly changed for major Chinese phone manufacturers in India. But they have a plan...

(By @Goutam20)

Read here: livemint.com/companies/news…
Indian consumers are lapping up Chinese phones at a furious pace. Many models get sold out within seconds of a sale being announced on either Amazon or Flipkart.

#MintLongStory by @Goutam20

livemint.com/companies/news…
“Approval for all new government incentive schemes for which Chinese companies had applied have been put on hold too," the “fallouts" document noted.

#MintLongStory by @Goutam20

livemint.com/companies/news…
Read 4 tweets
Mint Profile picture
18 Aug
#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…
Read 6 tweets
Mint Profile picture
17 Aug
#MintLongStory | India can draw lessons from the turnaround models of other nations. For instance, UK Sport, which spent about ₹1,500 crore in 2019-20, was set up to increase UK’s Olympic medal count

(By Arjun Srinivas)

Read here: livemint.com/sports/news/wh… Image
The trajectory, though, was uneven. Between 2015-16 and 2018-19, the annual increase in budget allocation by the Centre on sports ranged from 3-10%.

#MintLongStory by Arjun Srinivas

Read here: livemint.com/sports/news/wh… Image
India, with a population of about 50 times Australia, spent 14% less. The dramatic transformation of UK as an Olympic behemoth offers hope for India.

#MintLongStory by Arjun Srinivas

Read here: livemint.com/sports/news/wh… Image
Read 4 tweets
Mint Profile picture
17 Aug
#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/… Image
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/… Image
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/… Image
Read 6 tweets
Mint Profile picture
16 Aug
#MintLongStory | The detection of carcinogenic compounds in commonly used drugs has plunged the global pharma industry into crisis mode. India’s drug regulator has done little to protect citizens

(By Priyanka Pulla)

Read here: livemint.com/science/health… Image
The suspension of ranitidine sales in multiple countries, which happened in 2020, is just one part of a much bigger crisis that has engulfed the global pharmaceutical industry.

#MintLongStory by Priyanka Pulla

Read here: livemint.com/science/health… Image
The crisis first crept up in June 2018, when the European drug regulator, the EMA, learnt that batches of a drug used to treat high blood pressure, called valsartan, had dangerously high levels of NDMA.

#MintLongStory by Priyanka Pulla

Read here: livemint.com/science/health… Image
Read 4 tweets
Mint Profile picture
2 Feb
#Budget2021 didn't make any changes to the slab rates or major deductions leaving choice between old and new regime much the same as last year.

A look at the tax you pay, if you are....

#BudgetWithMint #UnionBudget2021
A data analyst 👩‍💼
An Army officer 🪖
Read 7 tweets

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