Economic Affairs Editor @bsindia. Ex-@livemint. @natpress fellow. Observer of real, reel and surreal life. DM open for scoops/ideas. Views personal. ଓଡ଼ିଆ.
India’s fertiliser subsidy bill could rise to ₹3.4 trn in FY27, double the Budget estimate of ₹1.7 trn, as higher global fertiliser prices and supply constraints increase costs.
@Armilu#India#fertiliser#subsidy
https://t.co/lMnOVVHNfa
“GDP estimate discrepancies will disappear after revisions”
Dr. Saurabh Garg, Secretary, MoSPI, in an interview with Business Standard, highlighted that, while GDP discrepancies in recent estimates have increased, they are expected to reduce to zero by the final revised estimates. He emphasized ongoing advancements in India's statistical system through supply-use tables, revised District Domestic Product guidelines, upcoming city-level estimates of key indicators, and the integration of AI to strengthen the country's statistical infrastructure.
For related updates and official information, please visit MoSPI’s official website.
https://t.co/COjZExnr1j
#NSO #MoSPI #OfficialStatistics #DataForDevelopment #EconomicStatistics #NationalAccounts #GDP #EvidenceBasedPolicy #StatisticalInnovation #DataDrivenGovernance #IndiaGrowthStory #TransformingStatistics #DigitalStatistics #AtmanirbharBharat
@PMOIndia@Rao_InderjitS@_saurabhgarg@PIB_India@PibMospi@mygovindia@NITIAayog
The @GoIStats has introduced a series of new indices and updated existing ones over the past two years under Secretary @_saurabhgarg.
In an interview with Himanshi Bhardwaj and @Armilu, Garg discusses the future direction of India's statistical system and the challenges ahead.
https://t.co/mm3VZed2zS
Google which is cash surplus, just announced an additional capital raise of $80 bn.
Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together.
It’s a wake up call to all companies to invest into the future, whatever the present maybe.
Now that IPL is done and dusted, time for India to focus on business of business.
In April 2026, India's wholesale inflation vaulted to a staggering 8.3% from March's 3.9%, creating a sharp divergence with a relatively steady retail inflation of 3.5%.
Details by @Armilu 👇
https://t.co/Q6AXwJMPW9
#WholesalePriceIndex#WPIInflation#CPIInflation#WestAsia
Govt flags crypto system as High risk.
63 URLs blocked.
85 platforms disabled.
52 PMLA proceedings.
₹29 Cr penalties on 4 exchanges -- KuCoin, Binance, Coinbase,Bybit.
And only 1.39 lakh out of 6.45 lakh crypto traders reported income in ITRs. I report
Customs duty hikes on #gold and #silver are likely to increase imports of precious metals from the #UAE through the #FTA route, amid rising duty arbitrage with other countries.
@Armilu
https://t.co/dJZUadHnxv
DPIIT Secretary Amardeep Singh Bhatia said the government is ready to roll out a broader "Made in India" branding framework after a successful pilot in steel.
Details by @eauhona & @Armilu 👇
#DPIIT#MadeInIndia#Steel#FTA#Manufacturing
https://t.co/Rtq2w81zlW
Govt notifies final rules under four #labourcodes. Weekly working hours capped at 48, with flexibility in daily hours. Overtime to be paid at twice the normal rate, while daily wage workers retain an 8-hour normal workday threshold.
@eauhona@Armilu
https://t.co/Ogx8sqxVby
A US trade court struck down Donald Trump's 10 per cent global tariffs, adding fresh uncertainty to India-US trade negotiations and tariff policy.
Details by @Armilu 👇
#UnitedStates#DonaldTrump#Tariffs#IndiaUSTradeDeal
https://t.co/Zrstwvf0Y6
#Haryana saw the fastest growth in unincorporated non-agricultural #employment among major states in 2025, while #Gujarat recorded the sharpest decline, according to ASUSE data. #UttarPradesh added the highest number of informal sector jobs during the period.
https://t.co/mVJ4pwYfAj
A day after the government announced the fifth edition of the Emergency Credit Line Guarantee Scheme, @pnbindia MD and CEO Ashok Chandra spoke to @Armilu in a virtual interaction on what lies ahead for the banking sector.
https://t.co/tCrVkPsQnA
A day after the results of five Assembly elections were announced, @rajivmemani, president of the @FollowCII and regional managing partner of EY Africa-India region, speaks with @Armilu on the challenges and opportunities facing #IndiaInc.
https://t.co/XxmoyqQsWm
Bloomberg News has won the 2026 Pulitzer Prize for Illustrated Reporting and Commentary for “trAPPed,” a graphic novel depicting the psychological ordeal of a woman in India held under “digital arrest” for eight days, subjected to 24/7 surveillance in a widespread and ruinous scam. https://t.co/4u5ZXmvW4f
🎨: Anand RK
Expenditure Secretary V. Vualnam warned that oil import disruptions and fuel tax cuts are straining India's budget, though fiscal discipline remains a priority.
Details by @Armilu 👇
#ExciseDuty#CrudeOilPrice#WestAsia
https://t.co/KQ9OCz6M36
#Take2WithBS | The #US government has revived Section 301 investigations into #India over excess capacity and forced labour concerns, raising risks of #tariffs and tighter compliance for key export sectors
@Armilu
https://t.co/v50gAXV8wh