-PTI/The Telegraph In December 2021, the retail inflation stood at 5.66 per cent Retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the first time in 11 months in November as softening prices of food items brought relief but the central bank may wait for more data before pausing hikes in interest rates. As per the data released by the National Statistical Office (NSO) on Monday, the consumer...
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Number Theory: The state of the Indian economy in four charts -Roshan Kishore
-Hindustan Times What do the latest numbers, analyst forecasts, and high-frequency data tell us about the state of Indian economy? The National Statistical Office (NSO) released GDP numbers for the quarter ending September 2022 on November 30. GDP growth for the second quarter is 6.3%, which is exactly what the Monetary Policy Committee (MPC) of the RBI projected in its September resolution. What do the latest numbers, analyst forecasts, and high-frequency data...
More »India's Economy Grows 6.3% In September Quarter
-PTI/ NDTV.com The gross domestic product (GDP) had expanded by 8.4 per cent in the July-September quarter of 2021-22, according to data released by the National Statistical Office (NSO). New Delhi: India's economy grew 6.3 per cent in the July-September quarter, down from 13.5 per cent in the previous quarter, according to the official data released today. The gross domestic product (GDP) had expanded by 8.4 per cent in the July-September quarter of...
More »Urban unemployment improved to best level in July-September -Abhishek Jha
-Hindustan Times Data also suggests that at least some of the improvement could be because of an increase in poor-quality jobs, a trend seen regularly since the Covid-19 pandemic India’s headline urban unemployment rate reached its lowest-ever level in the quarter ending September 2022, according to the quarterly bulletin of the Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO) on November 24. However, the bulletin’s data also suggests...
More »Valuable waste: NSO report shows cattle dung is more ‘precious’ than fodder -Prabhudatta Mishra
-The Hindu Business Line The gross value of output of dung increased 6.8% to ₹34,825.75 cr in 2019-20 from ₹32,598.91 cr in 2011-12 The gross value of output (GVO) of cattle dung estimated at ₹34,825.75 crore is more than the total value of the fodder that the cattle population consumes. Not only fodder but there are also 128 other items including maize, mustard, onion, potato, eggs, soyabean, tea, coffee and cashew nut...
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