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Business News > Mint Authors > Rhik Kundu

Rhik Kundu

Senior Assistant Editor

Rhik writes about the Indian economy and its crucial indicators. He is constantly navigating corporates, decoding policies, and dabbling with everything in between.

ARTICLES BY RHIK KUNDU

Allocations to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) are likely to be similar to estimates in the interim budget.

Budget 2024: MGNREGS unlikely to see higher allocation

3 min read . 07:00 AM IST

Over 50% of India's imports from the ASEAN comprise coal, palm oil, and other raw materials. (Bloomberg)

India wants a relook at zero tariff imports in ASEAN FTA review

3 min read . 06:15 AM IST

The advisory council will advise the commission on Terms of Reference and other related subjects of relevance, the finance ministry said in a statement on Tuesday. (Reuters)

Sixteenth Finance Commission constitutes advisory council

1 min read . 09 Jul 2024

Food inflation, which accounts for almost 40% of the overall consumer price basket, has consistently stayed above 8% since November.

Moody's keeps India's 2024 economic growth forecast unchanged at 6.8%

2 min read . 09 Jul 2024

Manufacturers are being invited to make investments for white goods, especially air conditioners and LED lights. (HT)

Centre reopens application window for AC, LED light parts under the PLI scheme

1 min read . 08 Jul 2024

In the past few years, inconsistent monsoon patterns have impacted agriculture, leading to shortages and food price inflation. (Bloomberg)

Budget 2024: Agriculture likely to see major announcements

3 min read . 08 Jul 2024

Union Budget 2024: Finance Minister Nirmala Sitharaman will present her seventh Budget on July 23. (ANI / Rahul Singh)

Budget 2024: Finance Minister Nirmala Sitharaman closes budget consultations

1 min read . 07 Jul 2024

A file photo of tunnel construction for Mumbai Metro Line 3 in May 2018, Photo: ABHIJIT BHATELKAR/MINT

JICA issues final tranche of loan for Mumbai Metro Line 3 Project

1 min read . 05 Jul 2024

Keir Starmer became prime minister after the Labour Party's landslide victory in the UK election, defeating Rishi Sunak's Conservative Party. Photographer: Chris J. Ratcliffe/Bloomberg (Bloomberg)

India-UK free trade agreement on track despite Labour Party's win

2 min read . 05 Jul 2024

Consumption of durable goods and non-durable goods, which also contracted during the pandemic have recovered.

Consumer demand bounced back in FY23 but is slowing now

3 min read . 04 Jul 2024

Improving ease of doing business and cutting red tape in claiming tax refunds are also high on the government’s priority in Budget. (Image: Pixabay)

Budget 2024: Govt plans duty reforms, tax tweaks to boost local manufacturing

3 min read . 04 Jul 2024

In April-June 2024 (Q1 FY25), gross GST collection stood at ₹5.57 trillion, up from ₹5.06 trillion a year ago.

Revenue of India’s top 18 states likely to grow at 8-10% in FY25: Crisil

2 min read . 03 Jul 2024

The pick-up in services growth follows a rise in manufacturing PMI, which rose to 58.3 in June from a three-month low of 57.5 in May. (Mint)

India's services PMI recovers in June on rise in domestic, international orders

2 min read . 03 Jul 2024

Implemented in June 2015, PMAY-U is one of the major flagship programmes under the housing ministry to provide all-weather pucca houses to eligible beneficiaries in urban areas. (Photo: Mint)

Centre may tweak criteria for middle-income groups for urban housing scheme

3 min read . 03 Jul 2024

If positive trends persist, international trade in 2024 could reach almost $32 trillion, though it is unlikely to surpass the record levels seen in 2022, UNCTAD said. (AFP)

Global trade turned positive in Jan-Mar: UNCTAD

2 min read . 02 Jul 2024

The GST collections during May stood at ₹1.73 trillion.

June GST mop-up swells 7.7% to ₹1.74 trillion

1 min read . 01 Jul 2024

India's manufacturing regained its spark in June underlying favourable demand conditions and increasing business. (Pixabay)

India's manufacturing recovered in June amid strong demand, record hiring

3 min read . 01 Jul 2024

India imports most of its petroleum requirements in the absence of major domestic petroleum-producing sources. (AFP)

Netherlands continues to be top destination for India’s petroleum exports

2 min read . 01 Jul 2024

The FATF has placed India in its ‘regular follow-up category’ after an evaluation during 2023-24. (PTI)

India shares distinction with four G20 nations in FATF report

2 min read . 28 Jun 2024

Production growth across the eight core industries in FY24 stood at 7.6%, the slowest in three years. (AFP)

India’s core sector growth slows to 6.3% in May, as refinery, steel output ease

2 min read . 28 Jun 2024