-Livemint.com Yet again, two measures of india’s economy— ‘gross value added’ and ‘gross domestic product’—have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released Tuesday. Mint explains: What is the difference between GVA & GDP? Gross value added (GVA) adds up the value of all goods and services produced in an economy after deducting the input...

-The Telegraph Downward revision was expected as omicron variant and start of Russia-Ukraine war hit Q4: Economist New Delhi: Growth in the fourth quarter of 2021-22 (January-March) slowed to a crawl at 4.1 per cent, reflecting just how enfeebled the economy had become because of weakening demand and a broad-based surge in prices that sent inflation to an eight-year high at 7.79 per cent in April. The slowdown meant that the fourth quarter...

-The Hindu Can Aadhaar be the one-stop solution for all identification requirements? Does it safeguard the privacy of its various beneficiaries? The story so far: Two days after issuing an advisory asking people to refrain from sharing photocopies of their Aadhaar Card, the Unique Identification Development Authority of india (UIDAI) opted to withdraw the notification. It stated that the action was to avert any possibility of ‘misinterpretation’ of the (withdrawn) press release,...

-Business Standard Turkey's decision comes at a time when international buyers have been looking to secure supplies of wheat Turkish authorities have denied permission to indian wheat consignment over phytosanitary concerns, prompting a ship to initiate its return journey on May 29, traders were quoted as saying by S&P Global Commodity Insights on Tuesday. According to S&P Global Commodity Insights report, the MV Ince Akdeniz loaded with 56,877 tonnes of durum wheat is...

-The Telegraph india Meteorological Department has predicted 33 per cent probability of normal rainfall and 16 per cent probability of above normal rainfall Monsoon rains this year are likely to be well distributed with most parts of india expected to receive normal or above normal rainfall, the national weather agency said on Tuesday, predicting rainfall quantum to be 103 per cent of the long-period average. The india Meteorological Department (IMD) predicted that the...