Monday, 24 January, 2022
Topic‪‪Gross domestic product‬

Topic: ‪‪Gross domestic product‬

Fiscal deficit for 2020-21 at 9.3% of GDP, lower than estimated by finance ministry

The government had initially pegged the fiscal deficit at Rs 7.96 lakh crore or 3.5 per cent of the GDP in the budget presented in February 2020.

Girls’ education is not a demand problem, it’s a supply problem — of schools, jobs, info

Early ideas about development were rooted in the idea that economic growth, measured by GDP, would lift countries out of poverty. But this model was gender blind.

China’s numbers show why GDP isn’t all it’s cracked up to be

Quarterly GDP isn’t very illuminating about the real-time direction of the economy or its velocity.

India’s GDP growth recovery gains strength but oil price rise & market rout remain worries

For oil-importing India, the combination of a weaker currency and surging oil prices is a threat not only for the current-account deficit, but also inflation.

Higher Q2 GDP numbers are good news, but matter little for the common man & real economy

Higher GDP numbers for Q2 are good news, but an improvement of 0.6 per cent over the previous quarter is practically within the range of statistical error

On Camera

YourTurn

Demonstrators attempt to enter the US Capitol building during a protest in Washington, D.C., U.S., on 6 January 2021 | Eric Lee | Bloomberg

Texas attack shows a long, violent struggle for America’s soul is inevitable

The shock of Covid 19—both economic and cultural—has strengthened the maniacal conspiracy culture with which the American Right is suffused.
A visual representation of the digital Cryptocurrency, Bitcoin alongside US dollars | Photo: Dan Kitwood | Getty Images via Bloomberg

Joe Biden administration set to put itself at centre of US cryptocurrency policy

An executive order is being drafted which will soon set in place a govt strategy empowering US federal agencies to assess risks and opportunities posed by the digital assets.

Defence

Chinese army has found missing 17-year-old boy from Arunachal, Defence Ministry PRO says

Indian Army had sought assistance from China's People Liberation Army to locate and return Miram Taron, who had gone missing on 18 January and was reportedly captured by PLA.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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