The State of Working India 2018 highlights important aspects of India’s labour market. read more

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

India, which had been riding an unprecedented boom before the crisis, was also hit badly by the 2008 contagion which originated in Wall Street and swept across the world. read more

On malfeasance and corruption in the NPA problem, former RBI governor Raghuram Rajan said: “Undoubtedly, there was some, but it is hard to tell banker exuberance, incompetence, and corruption apart.” read more

While a final conclusion on employment growth should wait for 2017-18 NSSO data, rosy estimates based on selective assumptions do not inspire much confidence . read more

The biggest reason for this is the employment-income mismatch in agriculture. While the share of agriculture in India’s GDP has been coming down, its share of employment has been relatively constant. read more

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4%. read more

Moody’s had in May cut India’s 2018 growth forecast to 7.3 per cent from the previous estimate of 7.5 per cent, saying the economy is in cyclical recovery but higher oil prices and tighter financial conditions will weigh on the pace of acceleration. read more

In a statement, the MoSPI said the estimates in the report on the back-casting of GDP series are not “official estimates”. read more

Almost 60% of GDP comes from private spending, according to estimates from New York-based CEIC Data Co, with the pick-up helping to fuel growth of more than 7% this year, making India the world’s fastest-growing major economy. read more

The trade deficit in June 2018 is the highest since November 2014 when the gap was $16.86 billion. read more

While purchasing managers’ index shows expansionary trend, the data on new investment announcements continue to disappoint. read more

Congress spokesperson Manish Tewari said the Indian economy has been on a downward spiral, and added that the Narendra Modi government does not understand that social disharmony and economic progress do not go together. read more

Chidambaram alleged that there was distress in various sections of society, including farmers, who were not getting remunerative prices of their produce, and the youth due to joblessness. read more

India keeps its economic growth forecast for the current fiscal unchanged at 7.5%, buoyed by turnaround in manufacturing and pick up in investment. read more