-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...
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Stagflationary risk to India quite low compared to other countries: CEA
-PTI/ Business Standard V Anantha Nageswaran also ruled out recession hitting India, given its macroeconomic fundamentals Chief Economic Adviser V Anantha Nageswaran on Tuesday ruled out the risk of stagflation for India, saying the economy is better placed than other nations. Stagflation is the phase when an economy faces moderation in GDP growth as well as high inflation. "Compared to the experience of many developed and developing countries, India is somewhat better placed and...
More »YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
More »Journalists say Facebook is 'censoring' political content in India ahead of 2019 elections -Kanishk Karan
-Scroll.inSince August, media reports have highlighted suspension of accounts, marking of news stories as spam by Facebook.With the general elections in India due early in 2019, greater attention is being paid to the digital space, which many believe will have a deep impact on the polls. Much of this attention is focused on Facebook, which was heavily criticised for its conduct in the run-up to the 2016 United States presidential...
More »Is WPI useful in India anymore? -Barendra Kumar Bhoi
-The Hindu Business Line Using just wholesale price index as deflator could distort real GDP. Price indices for all inputs and outputs would work better Prior to the introduction of the all-India Consumer Price Index, popularly known as CPI combined (rural plus urban), the Wholesale Price Index (WPI) was the most useful price index in India. It measured the weekly rhythm of price movement in the country. Since 2009, WPI has been computed...
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