Tag: India GDP

India’s outlook for next fiscal positive: Finance Ministry

March 22, 2024 admin

Strong growth accompanied by stable inflation and external account and progressive employment outlook will help the Indian economy close the current financial year on a positive note. Representational file image. | Photo Credit: Reuters The Finance Ministry on March 22 said with an uptick in private investment and inflation trending down, India’s outlook for the…

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Wrong to assess economic activity on GDP alone: Finance Ministry

September 15, 2023 admin

September 15, 2023 10:35 pm | Updated September 16, 2023 08:31 am IST – NEW DELHI “Indian GDP data are not seasonally adjusted, and they are also revised multiple times before they are finalised three years after the close of the relevant financial year,” the Finance Ministry said. File | Photo Credit: PTI The Finance…

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Data | The problems with the Prime Minister’s economic claims

August 29, 2023 admin

Official rhetoric on India becoming a $5 trillion dollar economy has resumed, with the Prime Minister’s remarks at the BRICS conference last week. However, these claims are riddled with problems. | Photo Credit: Reuters Addressing the BRICS Business Forum Leaders’ Dialogue at Johannesburg last week, Prime Minister Narendra Modi said, “Soon, India will become a…

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RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

August 10, 2023 admin

The Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged, RBI Governor Shaktikanta Das said in Mumbai on August 10, 2023. | Photo Credit: Emmanual Yogini The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%. Consequently,…

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