Articles by Pavitra Kanagaraj
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
Updated on Mar 23, 2023 12:34 PM IST
Pavitra Kanagaraj, 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
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.
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.
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.
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
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.
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
Updated on Feb 07, 2023 06:43 PM IST
Pavitra Kanagaraj, 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.
Updated on Feb 07, 2023 03:21 PM IST
Pavitra Kanagaraj, 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.
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
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?
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.
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.
Updated on Dec 29, 2022 04:44 AM IST
Roshan Kishore and Pavitra Kanagaraj, New Delhi
Number Theory: Decoding the push for a global minimum tax
The Council of the European Union approved a directive to introduce a 15% minimum levy on large multinational businesses to eliminate tax avoidance and end a race to the bottom in corporate taxation on December 15.
Updated on Dec 27, 2022 07:06 AM IST
Dec 16 horror: How courts, cops dealt with rapes since 2012
An HT analysis uses the Crime in India (CII) reports from the National Crime Records Bureau (NCRB) to answer these questions in detail in three charts
Updated on Dec 16, 2022 11:49 AM IST
Pavitra Kanagaraj, New Delhi
WPI eases to 21-month low of 5.85%
While the numbers point to an ebbing of inflationary pressures, and could result in the Reserve Bank of India’s Monetary Policy Committee moving to a neutral stance when it meets in February, the increase in wheat prices could present a challenge in coming months.
Updated on Dec 15, 2022 05:17 AM IST
Pavitra Kanagaraj, New Delhi
Number theory: Understanding inflation and the IIP numbers
The National Statistical Office (NSO) released the numbers for Consumer Price Index (CPI) for November and Index of Industrial Production (IIP) for October on December 12. CPI growth fell to 5.88% in November, and IIP contracted 4% in October. What is the larger macroeconomic takeaway of these numbers?
Updated on Dec 13, 2022 10:51 AM IST
Seat share vs vote share: Congress’s victory maths in Himachal
While the Congress’s seat share to vote share ratio has increased significantly from 0.74 to 1.34 between 2017 and 2022, the BJP’s has fallen sharply from 1.33 to 0.85.
Updated on Dec 09, 2022 04:07 PM IST
Number Theory: What do corporate results tell us about the economy?
After bouncing back from the second wave of the Covid-19 in the quarter ending September 2021, inflation-adjusted sales rose continuously for the subsequent three quarters till June this year.
Updated on Dec 07, 2022 02:37 PM IST
Women and the menace of intimate partner violence
The gruesome case involving 26-year old Shraddha Walkar, allegedly killed by her partner Aaftab Amin Poonawala has brought to fore the menace of intimate partner violence in the country.
Updated on Nov 18, 2022 03:28 PM IST
Pavitra Kanagaraj, New Delhi
Number theory: Economic importance of G20 as India takes its presidency
At the closing session of the G20 summit in Bali, Indonesia, Prime Minister Narendra Modi officially took over the presidency of the group and promised to make it a “catalyst for global change” at a “time when the world is simultaneously grappling with geopolitical tensions, economic slowdown, rising food and energy prices and the long-term ill-effects of the pandemic”.
Updated on Nov 17, 2022 03:32 PM IST
The challenges ahead of Lula’s 3rd term in Brazil
An HT analysis of Brazil’s official statistics sheds light on these imminent challenges ahead for Luiz Inacio Lula da Silva
Updated on Nov 14, 2022 04:28 PM IST
Number Theory: Is there a China angle to India’s trade deficit?
Numbers from the Centre for Monitoring Indian Economy (CMIE) database for the April-August period show that India’s trade deficit in 2022-23 is the highest even if one were to take out the petroleum product sub-component from the country’s merchandise trade.
Updated on Sep 22, 2022 11:01 AM IST
Pavitra Kanagaraj, Hindustan Times, New Delhi
Number Theory: Which are India’s safest (and most unsafe) cities?
The 2021 Crime in India (CII) report published by the National Crime Records Bureau (NCRB) shows that Kolkata had the lowest crime rate among 19 major cities in India, and Delhi had the highest.
Updated on Sep 19, 2022 01:41 PM IST
Number Theory: Should India privatise its public sector banks?
Whether or not the government privatises PSBs, private banks have been operating in India for a long time.
Updated on Aug 26, 2022 12:13 PM IST
Pavitra Kanagaraj, Hindustan Times, New Delhi
What does the latest IMF forecast mean for the world and India?
The International Monetary Fund on July 26 released an update to the April 2022 edition of its World Economic Outlook
Updated on Aug 01, 2022 12:07 PM IST
Number Theory: The economic legacy left behind by Shinzo Abe
Shinzo Abe’s administration set itself a target of taking Japan’s nominal GDP to 600 trillion yen by 2020. This target has not materialised even in 2022, when Japan’s nominal GDP was 557 trillion yen.
Updated on Jul 23, 2022 04:51 AM IST
Five charts that summarise UN’s population report
India will become the most populous country in the world next year, overtaking China, the United Nations Department of Economic and Social Affairs said in its 2022 World Population Prospects (WPP) report released on Monday.
Updated on Jul 12, 2022 10:42 AM IST
Political economy of inflation across advanced economies
The first of this two-part data journalism series looked at various aspects of inflation in advanced countries and underlined the differences between inflation in the US and Euro area economies. This part will look at the political economy around inflation in this region.
_1653283450507_1657526643454.jpg "In a sharp downward revision from its April forecast of 3.7%, the IMF now expects the US economy to grow at 2.9% in 2022.(Li Ying/Xinhua/picture alliance )")
Updated on Jul 12, 2022 10:22 AM IST
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