India GDP

India GDP News

Will come out with point-to-point rebuttal: EAC-PM on ex-CEA Arvind Subramanian’s GDP claims

The Council pointed out several flaws in Subramanian’s analysis, arguing that he used questionable proxy indicators and his research did not allow for GDP increases on the basis of productivity gains.

China back as world's fastest growing economy as India's GDP growth falters

According to the 2017 World Bank data, China's economy has ballooned to 12.24 trillion US dollar and is nearly five times bigger than India's 2.6 trillion US dollar economy.

Advertising

Current account deficit widens to 2.5% of GDP in Q3

Current account deficit was at 2.1% of GDP in third quarter of 2017-18

Cloud over economic data invites questions about government’s sincerity

There seems to be a systematic pattern in distorting and/or withholding public information that could throw a harsh light on the government’s performance. This is the time for all democratically-minded people to raise their voice against the tendency.

GDP and its assumptions

New GDP back series does what the government needs it to — shows that growth during its term has been higher than during the UPA regime.

Lost opportunity

India missed the chance to usher in second generation reforms and free up private enterprise

Advertising

Fiscal Deficit: India could cut capex to meet target, says Moody’s

Moody’s had in November 2017 revised up India’s sovereign rating for the first time in around 14 years to Baa2 from the lowest investment-grade ranking of Baa3, with a stable outlook.

Higher than revised: Govt’s fiscal deficit at 3.53 per cent for FY18

The higher deficit is despite a reduction of `75,000 crore in expenditure from the RE level of Rs 22.18 lakh crore and a marginal upward revision in nominal GDP.

India Development Update: World Bank sees FY19 growth at 7.3 per cent, flags subdued private investment

The World Bank in its report expects growth to accelerate to 7.5 per cent for India for 2019-20 from 6.7 per cent in the current fiscal ending March 31.

India's GDP growth for financial year 2016-17 unchanged at 7.1 per cent

As per the new methodology followed by the CSO, GDP is calculated by adding product taxes to GVA at basic prices and removing subsidies.

Advertising