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Subramanian, in a paper, said India’s economic growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17 due to a change in methodology.

PM advisory body’s caustic rebuttal on GDP rate row, says more coming

Jun 12, 2019 16:24

Subramanian, in a paper, said India’s economic growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17 due to a change in methodology. read more

The ministry said the Base Year of the GDP Series was revised from 2004-05 to 2011-12 and released on January 30, 2015 after adaptation of the sources and methods in line with the SNA 2008.

Government rejects ex-CEA’s contention on GDP; says right methodology followed

Jun 11, 2019 22:08

The ministry said the Base Year of the GDP Series was revised from 2004-05 to 2011-12 and released on January 30, 2015 after adaptation of the sources and methods in line with the SNA 2008. read more

The Gross Domestic Product (GDP) at constant prices (2011-12) had grown at 7 per cent in October-December quarter of the previous financial year.

GDP growth 6.6% in Q3, slowest in five quarters

Feb 28, 2019 18:01

The Gross Domestic Product (GDP) at constant prices (2011-12) had grown at 7 per cent in October-December quarter of the previous financial year. read more

The four of the six members of the monetary policy committee voted to cut rates while all six voted for a change in the stance.

RBI makes surprise cut in interest rate, home loans could get cheaper

Feb 07, 2019 11:56

The four of the six members of the monetary policy committee voted to cut rates while all six voted for a change in the stance. read more

The government justified the recall of old, high-value banknotes on grounds that it would help unearth black money and fake currency and curb terror financing. Later, it said the move would help shift India to a less-cash economy by promoting digital...

Panel may seek study on impact of demonetisation

Jan 21, 2019 07:02

The government justified the recall of old, high-value banknotes on grounds that it would help unearth black money and fake currency and curb terror financing. Later, it said the move would help shift India to a less-cash economy by promoting digital... read more

The RBI official said there has been a decline in counterfeit notes post-demonetisation and whatever is in circulation at present is “very crude counterfeiting”.

May need more currency as GDP size increasing, says RBI official

Jan 17, 2019 16:37

The RBI official said there has been a decline in counterfeit notes post-demonetisation and whatever is in circulation at present is “very crude counterfeiting”. read more

The government has budgeted to contain fiscal deficit at 3.3 per cent of the GDP in the current fiscal, lower than 3.5 per cent in 2017-18.

Govt to meet fiscal deficit target of 3.3%: Arun Jaitley

Dec 22, 2018 20:33

The government has budgeted to contain fiscal deficit at 3.3 per cent of the GDP in the current fiscal, lower than 3.5 per cent in 2017-18. read more

Gita Gopinath co-authored the research paper titled ‘Cash And The Economy: Evidence From India’s Demonetisation’.

Note ban slowed down GDP by 2% points in Q4 2016, says economist Gita Gopinath

Dec 19, 2018 08:23

Gita Gopinath co-authored the research paper titled ‘Cash And The Economy: Evidence From India’s Demonetisation’. read more

India to increase public health spending to 2.5% of GDP: PM Modi

Dec 12, 2018 12:14

It said the outlook on Indian banks was stable due to the strength of the economy and weak but steady asset quality.

Expect India’s real GDP to grow 7.2% in FY 18-19, says Moody’s

Dec 03, 2018 08:54

It said the outlook on Indian banks was stable due to the strength of the economy and weak but steady asset quality. read more

Economic reforms have failed to address the asymmetry between agriculture’s high share in employment and low share in GDP.

Why resolving India’s farm crisis is important

Dec 01, 2018 12:20

Economic reforms have failed to address the asymmetry between agriculture’s high share in employment and low share in GDP. read more

Falling food inflation and stagnant core inflation could pose dual challenge for government in an election year

Not much relief for govt in CPI data

Sep 15, 2018 15:47

Falling food inflation and stagnant core inflation could pose dual challenge for government in an election year read more

Govt hails structural reforms after manufacturing boost.

At 8.2%, GDP grows at its quickest pace in 2 years

Aug 31, 2018 23:33

Govt hails structural reforms after manufacturing boost. read more

A DBS report said Asia’s 10 major economies, including India, will grow robustly but cautioned that factors such as unemployment in the youth would be social and political challenge.

India, 9 other Asian economies to pull ahead of US in terms of GDP by 2030: Report

Jul 22, 2018 10:57

A DBS report said Asia’s 10 major economies, including India, will grow robustly but cautioned that factors such as unemployment in the youth would be social and political challenge. read more

According to the 2011 census, 45% of India’s total workers are employed in the non-agricultural sector. This number excludes those who work as either cultivators or agricultural labourers

Breaking down India’s non-agricultural workforce

Jun 18, 2018 09:13

According to the 2011 census, 45% of India’s total workers are employed in the non-agricultural sector. This number excludes those who work as either cultivators or agricultural labourers read more