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

Number theory: Will global growth winter outlast this winter season?

The World Bank expects global GDP growth to plummet to 1.7% in 2023 after a tepid 2.9% in 2022. While the situation is expected to improve in 2024, global growth will still be just 2.7%.

 The latest World Bank report has a made a downward revision of 1.3 percentage points and 0.3 percentage points to its growth forecasts for 2023 and 2024 compared to June 2022. (REUTERS/Johannes P. Christo/File Photo)
The latest World Bank report has a made a downward revision of 1.3 percentage points and 0.3 percentage points to its growth forecasts for 2023 and 2024 compared to June 2022. (REUTERS/Johannes P. Christo/File Photo)
Updated on Jan 13, 2023 01:51 PM IST
By, New Delhi

Number Theory: Bihar’s socio-economic landscape; known and unknown facts

Even though India stopped conducting a detailed caste census after 1931, the census does count the Scheduled Caste (SC) and Scheduled Tribe (ST) population separately.

The Bihar government has said that it hopes to complete the entire process of caste census by the first half of this year. (HINDUSTAN TIMES)
The Bihar government has said that it hopes to complete the entire process of caste census by the first half of this year. (HINDUSTAN TIMES)
Updated on Jan 11, 2023 07:25 AM IST

Number Theory: Why Jan 2023 feels colder than last year

Large parts of north India are reeling under numbing cold with the mercury remaining below the freezing point at most places in Jammu and Kashmir. Is this winter really colder than what is normally the case? An HT analysis of the India Meteorological Department’s (IMD) gridded database can answer some of these questions.

A cold wave is declared in the region when the minimum temperature is 4.5 degrees or more below the normal mark, or when it drops to 4°C or lower. (Sanchit Khanna/HT Photo)
A cold wave is declared in the region when the minimum temperature is 4.5 degrees or more below the normal mark, or when it drops to 4°C or lower. (Sanchit Khanna/HT Photo)
Published on Jan 10, 2023 07:33 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)
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

Number Theory: Tracking employment data in ’22 as jobs return 2 yrs after Covid

Since the Covid-19 pandemic started in 2020, economies all around the world have learnt that they must balance lives and livelihood to survive.

Number Theory: Tracking employment data in ’22 as jobs return 2 yrs after Covid
Number Theory: Tracking employment data in ’22 as jobs return 2 yrs after Covid
Updated on Dec 30, 2022 04:12 AM 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
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

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.

Number Theory: Decoding the push for a global minimum tax
Number Theory: Decoding the push for a global minimum tax
Updated on Dec 27, 2022 07:06 AM IST

India’s vaccine coverage stagnant for over a month amid surge in cases abroad

India has made remarkable progress in vaccinating people against Covid-19 since the beginning of the immunisation drive in January 2021. However, since September, when a free window for boosters was discontinued, it has faltered in this initiative.

(Representational image/Reuters Archive)
(Representational image/Reuters Archive)
Updated on Dec 15, 2022 04:58 AM IST
By, New Delhi

Number theory: How parties used social media in Gujarat elections

Digital campaigns are expected to play an increasingly important role in Indian elections as more Indians start using social media. An analysis of social media use in the recently concluded Gujarat elections, however, shows that all parties do not attach equal importance to this medium of campaign.

Representational image(PTI)
Representational image(PTI)
Updated on Dec 14, 2022 10:49 AM IST
By, 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?

Representational image(AFP)
Representational image(AFP)
Updated on Dec 13, 2022 10:51 AM IST

Number Theory: Has winter arrived early in Delhi this year?

There is no temperature threshold, which defines winter officially. While IMD calls the December-February period as winter, these are not the coldest months (at least in terms of maximum temperature) in all of India.

Although it might have felt like an early winter during the day in Delhi, that is not really the case at nights when minimum temperature is recorded. (Hindustan Times)
Although it might have felt like an early winter during the day in Delhi, that is not really the case at nights when minimum temperature is recorded. (Hindustan Times)
Updated on Dec 06, 2022 03:48 PM IST

Number Theory: What is behind the relatively cleaner air in Delhi this November?

Delhi’s average Air Quality Index (AQI) for November was 321.

Number Theory: What is behind the relatively cleaner air in Delhi this November?
Number Theory: What is behind the relatively cleaner air in Delhi this November?
Updated on Dec 02, 2022 12:33 PM IST

Number Theory: The state of the Indian economy in four charts

What do the latest numbers, analyst forecasts, and high-frequency data tell us about the state of Indian economy?

The state of the Indian economy in four charts(Pradeep Gaur/Mint)
The state of the Indian economy in four charts(Pradeep Gaur/Mint)
Updated on Dec 01, 2022 03:23 PM IST

Number Theory: Prez Murmu’s concerns about criminal justice system are spot-on

An HT analysis of prison statistics for 2021 released earlier this year suggests that the President’s comments about how the criminal justice system is biased against the poor and underprivileged are backed by data.

Number Theory: Prez Murmu’s concerns about criminal justice system are spot-on
Number Theory: Prez Murmu’s concerns about criminal justice system are spot-on
Updated on Nov 30, 2022 01:51 PM IST

Number Theory: Understanding the key numbers behind China’s latest Covid surge

Over the past week, the Covid-19 outbreak in China has dominated headlines. Following a record surge in cases, all major cities, including Beijing and Shanghai, have been put under some form of lockdown, forcing people to hit the streets in a rare outburst of public anger against the government.

A healthcare worker in protective gear assists residents at a Covid-19 testing station in Shanghai, China, on Monday, Nov. 28, 2022. (Bloomberg)
A healthcare worker in protective gear assists residents at a Covid-19 testing station in Shanghai, China, on Monday, Nov. 28, 2022. (Bloomberg)
Updated on Nov 29, 2022 02:15 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.

Representational image(Unsplash)
Representational image(Unsplash)
Updated on Nov 18, 2022 03:28 PM IST
By, 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”.

G20 Summit.(AFP)
G20 Summit.(AFP)
Updated on Nov 17, 2022 03:32 PM IST

Number theory: Gujarat’s economic inequality challenge

An analysis of the 2017 assembly results shows that the BJP’s losses were not confined to the poorest regions of the state, suggesting that there isn’t a complete correlation between economic well-being and support for the party in the state.

Representational image(AFP Photo)
Representational image(AFP Photo)
Updated on Nov 16, 2022 11:42 AM 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

Brazil's Luiz Inacio Lula da Silva speaks during a meeting with members of the government transition team in Brasilia,(Reuters)
Brazil's Luiz Inacio Lula da Silva speaks during a meeting with members of the government transition team in Brasilia,(Reuters)
Updated on Nov 14, 2022 04:28 PM IST

Number Theory: The past, present and aftermath of EWS reservation policy

In a 3-2 verdict, a five-judge constitution bench of the Supreme Court upheld the 103rd constitutional amendment, which gave a 10% reservation for Economically Weaker Sections (EWS) of social groups hitherto not entitled to reservations earlier

It is important to understand the context in which the Bharatiya Janata Party (BJP)-led government announced EWS reservations in January 2019. (Representative image/HT Archive)
It is important to understand the context in which the Bharatiya Janata Party (BJP)-led government announced EWS reservations in January 2019. (Representative image/HT Archive)
Updated on Nov 08, 2022 04:28 PM IST

Number Theory: India’s balancing act at the climate summit

Data from the World Resources Institute of Climate Watch (CAIT) dataset shows that India was the third-largest emitter of greenhouse gases (GHG) in absolute terms in 2019, after China and the United States.

It needs to grow at a fast pace to uplift millions, a by-product of which is more emissions. (REUTERS)
It needs to grow at a fast pace to uplift millions, a by-product of which is more emissions. (REUTERS)
Updated on Nov 07, 2022 02:54 PM IST

Number Theory: Five charts which explain the electoral contest in Gujarat

The Election Commission of India (ECI) announced elections to the legislative assembly of Gujarat on November 3. These elections will be held in two phases on December 1 and December 5 and the counting of votes will be on December 8.

Number Theory: Five charts which explain the electoral contest in Gujarat(AFP)
Number Theory: Five charts which explain the electoral contest in Gujarat(AFP)
Updated on Nov 04, 2022 02:10 PM IST
ByPayoja Ahluwalia

Number Theory: Which way forward for the Indian economy now?

The National Statistical Office (NSO) will release GDP numbers for the September quarter at the end of this month.

Which way forward for the Indian economy now?(Pradeep Gaur/Mint)
Which way forward for the Indian economy now?(Pradeep Gaur/Mint)
Updated on Nov 03, 2022 06:06 PM IST

Number Theory: Will GM mustard be a game changer for the edible oil sector?

India’s biotech regulator, the Genetic Engineering Appraisal Committee (GEAC) has approved the commercial cultivation Dhara Mustard Hybrid-11 (DMH-11), a genetically modified (GM) variety of mustard.

FILE PHOTO: Women carry fodder for their cattle through a mustard field on Earth Day, amid concerns about the spread of the coronavirus disease (COVID-19), on the outskirts of Srinagar April 22, 2020. REUTERS/Danish Ismail/File Photo (REUTERS)
FILE PHOTO: Women carry fodder for their cattle through a mustard field on Earth Day, amid concerns about the spread of the coronavirus disease (COVID-19), on the outskirts of Srinagar April 22, 2020. REUTERS/Danish Ismail/File Photo (REUTERS)
Updated on Nov 02, 2022 03:11 PM IST

A 4-chart cheat-sheet on India’s challenge of economic inequality

What is India’s basic economic inequality challenge?

Representational image
Representational image
Updated on Oct 14, 2022 11:05 AM IST

Number theory: Is clean air now a warning of worse air quality days later?

Delhi has experienced some rare days of good air this week. The good air on two days was the result of unprecedented rain – the fourth highest since 1901 for the first 11 days of October – but it also serves as a warning of a coming peak of air pollution, an HT analysis of past rain, air quality, and active fires data shows.

A layer of smog over India Gate during the early hours of the morning on Kartavya Path in New Delhi, India. (HT Photo)
A layer of smog over India Gate during the early hours of the morning on Kartavya Path in New Delhi, India. (HT Photo)
Updated on Oct 13, 2022 11:58 AM IST

Number Theory: Festive mobility numbers are both good and bad news

An HT analysis of latest Google Mobility Data shows that festivals have likely led to a big push to consumer spending.

Idols of Goddess Durga being displayed by the Durga Puja committee at Red Road during the Durga Puja Carnival before the immersion, in Kolkata on Saturday. (ANI Photo)(Utpal Sarkar)
Idols of Goddess Durga being displayed by the Durga Puja committee at Red Road during the Durga Puja Carnival before the immersion, in Kolkata on Saturday. (ANI Photo)(Utpal Sarkar)
Updated on Oct 11, 2022 12:13 PM IST

Number theory: The state of the Indian economy, in four charts

That the Indian economy is doing better than the rest of the world is beyond doubt.

The state of the Indian economy, in four charts(Pradeep Gaur/Mint)
The state of the Indian economy, in four charts(Pradeep Gaur/Mint)
Updated on Oct 05, 2022 11:42 AM IST

Number Theory | Donation trends - A look at how India gives

A report by the Centre for Social Impact and Philanthropy (CSIP) at Ashoka University has prepared estimates of donations by Indian households.

The report estimates total donations in India by households – this does not include corporate philanthropy – between October 2020 and September 2021 to be around <span class='webrupee'>₹</span>23,700 crore.
The report estimates total donations in India by households – this does not include corporate philanthropy – between October 2020 and September 2021 to be around 23,700 crore.
Updated on Oct 01, 2022 04:48 AM IST
ByPayoja Ahulwalia, New Delhi
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