-The Hindu Various ratings agencies had predicted such a slowdown in the second quarter due to the impact of rising oil prices on input costs, and also due to the effect of the rupee devaluation. New Delhi: Second-quarter GDP growth slowed to 7.1%, from 8.2% in the preceding three-month period, official estimates released on Friday show. Gross Value Added (GVA) growth eased to 6.9% in July-September, from 8%. The GDP expansion in the...
More »SEARCH RESULT
Total Matching Records found : 28809
IAF charges Kerala Rs. 291 crore for airlifting, ration goods during floods
-The New Indian Express The state urgently requires Rs 706.74 crore to clear the liabilities including Rs 290.74 crore charged by the Centre. THIRUVANANTHAPURAM: The Indian Air Force has asked the state government to pay Rs 290.74 crore as aircraft charge for holding rescue operations during mid-August flood and for supplying ration materials. Making the statement in the Assembly, Chief Minister Pinarayi Vijayan said the State Disaster Response Fund (SDRF) has a sum...
More »The demand for a special Parliament session on the agrarian crisis makes sense
-Hindustan Times Political parties should come clear on what they think is the best way to address the farm crisis Delhi will witness yet another farmers’ protest on November 29 and 30. However, this protest is very different from the others in terms of the nature of demands. Farmers’ groups are demanding a special session of parliament to discuss two private member bills, namely The Farmers’ Freedom from Indebtedness Bill, 2018,...
More »Revised back-series GDP data poses a problem for SBI -- how did we really perform? -Mahua Venkatesh
-ThePrint.in SBI report says bank’s performance will have to be rewritten based on the new data and this can be contentious due to questions over credibility. New Delhi: The Narendra Modi government’s revised set of back-series GDP data, which slashed the average rate of growth during the UPA regime, pose “reconciliation problems regarding micro and macro data interpretation”, a State Bank of India (SBI) report said Thursday. A careful data interpretation will be...
More »As institutions change, so does data credibility
-Livemint.com An economy’s resilience and sustainability is best measured through its institutional strength The official back data on India’s gross domestic product (GDP), released by the Central Statistical Office (CSO) on Wednesday, runs the risk of denting the market’s trust and conviction in official data released by government agencies. The new data release contradicts the earlier findings of a committee set up by National Statistical Commission to develop a methodology for deriving...
More »
