-VillageSquare.in People living in villages, who are migrating in large numbers to urban spaces in search of livelihoods, could be victims of our economic development or perhaps the dismal income growth of farm households is semi-deliberate to keep labor costs low Till about 1990 since Independence, our country followed what may be broadly termed an import-substitution strategy for economic growth. This meant high import duties and rigid non-tariff barriers on imports and...

-The Hindu Business Line New Delhi: India has demanded that the US withdraw its plea at the World Trade Organization (WTO) seeking authorisation to impose a retaliatory fine of $450 million annually on the country as it is now fully compliant with the dispute panel’s orders on removal of restrictions on poultry imports. “In view of the fact that India has brought itself into conformity with the recommendations of the DSB (Dispute...

-The Economic Times PUNE / NEW DELHI: Present weather conditions indicate possibility of a normal monsoon in 2017, although there is a chance of a weak El Niño — a weather phenomenon associated with poor rains in India — emerging towards the end of the rainy season in September, the weather office has said. However, the monsoon forecast may not remain comfortable if El Niño makes an early appearance. Having briefly emerged from...

-The Indian Express As per the methodology, since no direct data of expenditure is used, most of the GDP data is calculated based on output data The answer to the puzzling rise in Private Final Consumption Expenditure (PFCE) in the second advance estimate of GDP for 2016-17 despite the evident cash squeeze due to demonetisation may very well lie in the methodology used for calculating the new series of GDP. As per...

-Business Standard Data presents a rosy picture but fails to convince New Delhi: For anyone who understand, or at least deludes himself to believe that they understand, how the economy works, the latest data by the Central Statistical Organisation (CSO) on the quarterly gross domestic product (GDP) should come as a shock. Ever since the Prime Minister stunned the nation by announcing demonetisation on November 8 last year, economists of all hue...