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The Index of Core Industries (ICI) has finally joined the country’s other economic metrics in becoming up-to-date and representative of the economy. The other metrics such as the national accounts, Consumer Price Index (CPI), Wholesale Price Index (WPI), and the Index of Industrial Production (IIP) were updated earlier this year, although even those were after…
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As the resolution process of the West Asia crisis drags on, an increasing number of economic metrics are exposing key weaknesses in the Indian economy. Many of these existed before the crisis broke out in late February and are now becoming apparent as the economy faces stress. The latest data on the Index of Eight…
Read More “Evident distress: On a war, Index of Eight Core Industries data, indicators” »