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Photo used for representation purpose only. India’s industrial output growth slowed to 4.9% in March from 5.6% in February, as per the National Statistical Office, with base effects from last March boosting the uptick as output had tanked 1.9% last year. Mining output slid to a 19-month low growth of 1.2%, while electricity generation rose…
Read More “Industrial output growth slows to 4.9% in March from 5.6%” »
Electricity generation rose 8.6% in march 2024 from a 1.6% contraction in March 2023. File | Photo Credit: The Hindu India’s industrial output growth slowed to 4.9% in March from 5.6% in February, as per the National Statistical Office, with base effects from last March when output had tanked 1.9%, boosting the uptick. Mining output…
As per the latest All India Household Consumption Expenditure Survey, the average monthly per capita consumption expenditure in Indian households rose by 33.5% since 2011-12 in urban households to ₹3,510, with rural India’s MPCE seeing a 40.42% increase over the same period to hit ₹2,008. File | Photo Credit: The Hindu For the first time…
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Reserve Bank of India Governor Shaktikanta Das. | Photo Credit: PTI The Reserve Bank of India (RBI) on February 8 projected GDP growth for the next financial year at 7% on the back of improved household consumption and upturn in private capex cycle. The real GDP growth is, however, lower than 7.3% estimated by the…
Read More “RBI pegs FY’25 GDP growth at 7% on improved consumption demand, private capex spends” »
‘The FY25 interim Budget carries forward the ethos of public capex a notch higher, thereby bolstering the government’s commitment to high quality spending’ | Photo Credit: REUTERS India’s economic recovery in the early post COVID-19 pandemic phase was distinctly underscored by a strong performance in exports and domestic investments. While exports benefitted from an easing…
Food inflation stood at around 10% in August. | Photo Credit: SUSHIL KUMAR VERMA India’s retail inflation is likely to have retreated below 6% in September after two months over the central bank’s tolerance threshold, thanks to cooling prices for most essential commodities and food items, barring pulses that are seeing a sustained uptick in…
Read More “Retail inflation likely eased in September, but may be higher than RBI hopes” »
Representational image only. | Photo Credit: The Hindu Manufacturing firms’ order books and output levels expanded at the fastest pace in nearly three years this August, as per the S&P Global India Manufacturing Purchasing Managers’ Index (PMI) that rose to 58.6 last month from 57.7 in July. A reading of over 50 on the index…
Read More “S&P Global India Manufacturing PMI signals August activity hit nearly three-year high” »
In recent years, the credibility of some of NSO’s data, especially the results of various household surveys traditionally carried out by the National Sample Survey Office have come under a cloud, with even top government officials questioning their approach and outcomes. File | Photo Credit: Reuters The story so far: The Ministry of Statistics and Programme…
Read More “Explained | Can the new data panel improve India’s statistics?” »
A Standing Committee on Statistics will review the framework and results of all surveys conducted under the aegis of the National Statistical Office. File illustration: Sebastian Francis The government has constituted a new internal oversight mechanism for official data, revamping a Standing Committee on Economic Statistics (SCES) set up in late 2019, soon after the…
Read More “Government forms new panel to review all NSO data” »
