New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
If India wants 8% growth, private investment will have to substantially pick up, Ranade explains. But that can happen only if demand improves, which is contingent on wages increasing.
The highlight of Household Consumption Expenditure Survey 2022-23 is that the share of rural households' expenditure on cereals has fallen below 10% for the first time.
Ministry of Statistics and Programme Implementation’s Household Consumption Expenditure Survey 2022-23 puts the average MPCE in rural India has been Rs. 3,773 and in urban India has been Rs. 6,459.
Other key findings include spending on food falls in expenditure of rural households in 11 years. Report made after survey of 2.76 lakh-plus households across country.
Data in light of Advance GDP Estimates presents mixed picture of sales of passenger vehicles, improvement in indices capturing primary, capital & intermediate goods production.
New Delhi: A combination of stagnant or decreasing incomes, rising expenditure, a profusion of credit cards and ‘Buy Now-Pay Later’ (BNPL) offers has resulted...
Is there a place for a counter-bureaucracy, or a separate and competing bureaucracy to counterbalance the force of the executive’s bureaucracy, asked author MH Mody in 1980.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
Have they changed the weightage given to food because I think even in rural areas it has gone below 50. People should understand that this is very important otherwise we will have a very conservative RBI so I appreciate this.
Have they changed the weightage given to food because I think even in rural areas it has gone below 50. People should understand that this is very important otherwise we will have a very conservative RBI so I appreciate this.