Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

-The Hindu Housing prices have increased in the first quarter of 2018-19 compared to the same period in 2017-18, according to the Reserve Bank of India's latest House Price Index (HPI) release. HPI is an indicator of change in housing prices. This means that if the HPI has increased, house prices have increased on an average, and vice versa. It takes into account the average price of houses per square metre, size...

KEY TRENDS   • In 2018, India's Human Development Index (HDI) ranking was 129th (HDI value 0.647) among 189 countries and UN recognized territories, while China's ranking was 85th (HDI value 0.758), Sri Lanka's 71st (HDI value 0.780), Bhutan's 134th (HDI value 0.617), Bangladesh's 135th (HDI value 0.614) and Pakistan's 152th (HDI value 0.560) *8    • In 2017, India's Human Development Index (HDI) ranking was 130th (HDI value 0.640) among 189 countries, while China's ranking was 86th (HDI...