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Pavitra Kanagaraj

Pavitra Kanagaraj is a data journalist. She uses public and private datasets to cover economy, women, and politics. Prior to HT, she did macroeconomic research at UNESCAP and ERF. She co-founded the Rethinking Economics chapter at JNU in 2021.

Articles by Pavitra Kanagaraj

At helm of G20, India is shifting narrative to women-led development

Under India’s presidency, there has been a shift in the narrative to foster conversations around women-led development, rather than just development of women

HT takes a look at the progress of past G20 initiatives and sheds light on the imminent challenges faced by women (File Photo)
Updated on Jul 15, 2023 05:04 PM IST

Wholesale prices contract for third consecutive month

The Wholesale Price Index (WPI) contracted by 4.12% in June reaching its lowest value since October 2015

Vegetable prices contracted by 21.98% while pulses and milk witnessed inflation rates of 9.21% and 8.59%. (PTI File)
Updated on Jul 15, 2023 04:42 PM IST

Inflation rises to 4.81% but factory output surprises positively with 5.2% growth

The latest number positively surprised analysts since it turned out marginally higher than the Bloomberg forecast of 5%

HT Image
Updated on Jul 13, 2023 12:51 AM IST

How did corporate India perform in the final quarter of 2022-23?

India’s GDP grew 6.1% in Q4 2022-23, as per official estimates, higher than the 5.1% forecast in Bloomberg's survey of economists. How did India Inc perform?

A look at how corporate India performed in the quarter ending March 2023
Published on Jun 27, 2023 11:40 PM IST

Price of wholesale goods at its lowest since November 2015, contracts by 3.5%

Wholesale Price Index (WPI) shrank by 0.9% in May from April, with prices contracting across all major subcategories which positively surprised analysts.

WPI reached an all-time high in the current series with a value of 16.6% in May 2022, and has been falling since then.
Updated on Jun 15, 2023 02:43 AM IST
By, New Delhi

Number theory: Charts that explain NDA govt’s tax performance

The centre’s Gross Tax Revenue, as per the provisional numbers for 2022-23, is Rs.30.5 lakh crore, marginally higher than the given in the Revised Estimates.

The centre’s Gross Tax Revenue (GTR), as per the provisional numbers for 2022-23, is Rs.30.5 lakh crore. (Representative image)
Updated on Jun 15, 2023 06:20 PM IST

Core sector output slows to 3.5% in April: NSO data

The eight core industries account for 40.27% of the Index of Industrial Production (IIP) for which April data will be released on June 12

The core sector expanded by 9.5% in April 2022. (Bloomberg file image)
Updated on Jun 01, 2023 01:49 PM IST

Number theory: Why Pakistan's current account surplus may be bad for the economy

While Pakistan has managed to put a lid on its external problems, its domestic economic crisis is far from over.

A labourer pulls a cart loaded with supplies to deliver to a nearby market in Karachi, Pakistan May 24, 2023. REUTERS/Akhtar Soomro
Updated on May 30, 2023 02:50 PM IST

Number Theory: The fiscal perspective on Congress' Karnataka guarantees

Congress' promises include cash transfers, subsidised food, LPG cylinders and electricity, and entail a significant fiscal allocation.

Congress' manifesto for Karnataka(PTI)
Updated on May 24, 2023 12:03 PM IST

WPI inflation falls to lowest in 34 months

Indian wholesale prices fell in April, the first time since July 2020, indicating easing price pressures.

WPI inflation falls to lowest in 34 months(Representative image)
Updated on May 16, 2023 01:30 AM IST
By, New Delhi

Karnataka elections: Average victory margin did not increase despite Congress’s big win

Congress won 31 ACs with a victory margin of less than 5% in 2023, marginally down from 32 ACs it won with a similar margin in 2018

Congress president Mallikarjun Kharge with former Karnataka CM Siddaramaiah and Karnataka Congress President DK Shivakumar during celebrations after the party's win in the Karnataka assembly elections, in Bengaluru on Saturday. (PTI)
Updated on May 14, 2023 12:40 AM IST

India services PMI for April climbs to 13-year high of 62

The seasonally adjusted Services PMI was up from 57.8 in March, supported by healthy inflows of new businesses and favourable market conditions

For representational purposes only. (Bloomberg Photo)
Updated on May 04, 2023 05:03 PM IST

Number theory: Britain’s economic decline in five charts

Here are five charts which explain how the British economy has been losing its importance over the long arc of history

Britain's Prime Minister Rishi Sunak reacts as he waves to the audience as the end of his speech during the Business Connect event in North London, on April 24, 2023. (Photo by Daniel LEAL / POOL / AFP)(AFP)
Updated on Apr 27, 2023 02:00 PM IST

How markets behaved in India over 2022-23

The Indian Rupee declined by 8.4% against the US dollar over the last fiscal, followed by Chinese yuan (8.3%), Korean won (7.9%) and Taiwan dollar (7.1%)

The Bombay Stock Exchange in Mumbai. (Bloomberg Photo)
Updated on Apr 07, 2023 03:35 PM IST

5 charts that capture the state of corporate governance in India

The third edition of Survey of Corporate Governance in India by Excellence Enablers – it is an initiative by former SEBI chairperson M Damodaran.

 How did the pandemic affect corporate governance standards in India?(MINT_PRINT)
Updated on Apr 07, 2023 06:06 AM IST
By, New Delhi

Number theory: Understanding the new American banking crisis

A latest study published to the Social Science Research Network on March 13 estimated that the individual US banks' assets have lost an average of 10% of their market value during the Fed's rapid rate-hike campaign, with the bottom fifth percentile experiencing a decline of about 20%.

A security guard stands outside of the entrance of the Silicon Valley Bank headquarters in Santa Clara, California, U.S.(REUTERS)
Updated on Mar 27, 2023 01:50 PM IST

Pakistan’s perfect storm: An economic crisis meets a political one

Pakistan’s news cycle has shifted from bailout negotiations with the IMF to pitched battles between former prime minister Imran Khan’s supporters and security forces

Data from Gallup Pakistan, an affiliate of a global survey research agency, shows that Imran Khan enjoys majority support across the country in the latest public poll held in the first 20 days of February. (AP)
Updated on Mar 23, 2023 12:34 PM IST
By, New Delhi

Wholesale inflation eases to 25-month low of 3.85% in February

The moderation in February was largely on account of a broad-based decline in the inflation rates of the three sub-categories of WPI -- primary articles, fuel & power, manufactured products – when compared to January

Vegetable vendors and customers at a wholesale vegetable market in Bengaluru. (Bloomberg File Photo)
Published on Mar 15, 2023 11:28 AM IST

Factory output up at 5.2% in January 2023

For the first 10 months of the fiscal year 2022-23, IIP growth was 5.4%, down from 13.7% in the corresponding period of the previous year. To be sure, the 2021-22 IIP had a strong base effect because of the lockdown in 2020.

IIP tracks activity in manufacturing, mining, and electricity generation, although the first has a share of over three fourth of the index
Published on Mar 11, 2023 12:12 AM IST

Number theory: How did Corporate India perform in the December 2022 quarter?

There are 2,109 non-financial companies in the Prowess database for which December quarter results are available along with quarterly results for the last five years.

A normal year-on-year comparison shows that the inflation adjusted sales of companies grew by 9% in the quarter ending December 2022.
Updated on Mar 10, 2023 12:01 PM IST

One year of the Russia-Ukraine war in five charts

February 24 marks one year since Russia invaded Ukraine. As the fighting continues and a diplomatic solution does not seem to be on the cards, what impact has the war had on the world.

People attend a vigil for Ukraine held on the anniversary of the conflict with Russia, at Trafalgar Square in London, Britain. (REUTERS)
Updated on Feb 24, 2023 12:19 PM IST

Number theory: The importance of Air India deal for France, Britain and the US

How important is the Air India-Boeing-Airbus deal for India’s trade relations with these three countries? Here are four charts that explain this in detail

A bird flies over a logo of Air India airlines at the corporate headquarters in Mumbai, India.(REUTERS)
Updated on Feb 17, 2023 02:38 PM IST

IIP growth declines to 4.3% in December 2022: NSO data

The manufacturing driven slowdown in IIP growth between November and December suggests that the dissipation of festive/pent-up demand could have played a role in industrial activity losing momentum, even as capital and infrastructure spending continue to support growth.

IIP tracks activity in manufacturing, mining and electricity generation, although the first has a share of over three fourth in the index (Reuters File Photo)
Updated on Feb 13, 2023 03:07 PM IST

A big picture analysis of India’s direct tax base

The share of both personal income taxes and corporate taxes in the gross tax revenue started growing at a fast pace as the Indian economy entered its high growth phase in the 2000s

The share of direct taxes had been increasing almost consistently in the period between 2000-01 and 2009-10. (Mint FIle Photo/Hemant Mishra)
Updated on Feb 07, 2023 06:43 PM IST
By, New Delhi

Number theory: Understanding the Union Budget’s tax calculations

In 2017, India moved to the GST regime. This led to a sharp fall in share of union excise duties in the Centre’s GTR as most indirect taxes, except those on petroleum products, moved to GST.

Representational image.
Updated on Feb 07, 2023 03:21 PM IST
By, New Delhi

Number theory: The role of taxes in the Union Budget

Among the most watched statistics in the Union Budget are previous year’s tax collections and projections for the next fiscal year. Here are five charts that highlight some important points as far as taxes and the forthcoming Union Budget are concerned.

Finance Minister Nirmala Sitharaman during Budget 2022.
Updated on Jan 30, 2023 12:25 PM IST

The role of taxes in the Union Budget

The Union Budget attracts a lot of attention from the salaried class in India due to the possibility of revisions in the income tax slab rates each year

Union finance minister Nirmala Sitharaman presents the Union Budget 2023-24 in the Rajya Sabha on the second day of Budget Session of Parliament on Wednesday. (ANI)
Published on Jan 29, 2023 11:55 PM IST

Number Theory: Four key questions that will matter for the economy in 2023

As the New Year begins amid renewed hope, what will 2023 hold for the economy — both Indian and global?

India continues to take proactive steps to reach their goal of $5 trillion economy. (HT file photo)
Updated on Jan 05, 2023 07:34 AM IST

Manufacturing PMI reaches 13-month high in December

The manufacturing PMI rose to 57.8 in December, from 55.7 in November.

The manufacturing PMI rose to 57.8 in December, from 55.7 in November.. (Representational/AFP)
Published on Jan 03, 2023 06:37 PM IST

Number Theory: Understanding the rejig in India’s food security programme

India’s Public Distribution System (PDS) after the enactment of the National Food Security Act (NFSA) promises 5kg foodgrain per persons at a highly subsidised cost of ₹3/kg for rice, ₹2/kg for wheat and ₹1/kg for cereals. The government will stand to lose this revenue after the decision to make PDS entitlements free.

Number Theory: Understanding the rejig in India’s food security programme
Updated on Dec 29, 2022 04:44 AM IST
ByRoshan Kishore and Pavitra Kanagaraj, New Delhi
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