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...
Early data indicate sales would include nearly $15.2 billion offline sales & $11.8 billion online sales on platforms like Amazon, based on Redseer, a market consultancy.
'Mood of the Consumer' survey by LocalCircles finds 10% consumers are planning to spend over Rs 50,000 while 21% will spend between Rs 10,000-50,000 on discretionary purchases.
I was in Islamabad when Mark Tully broke the news of Zulfikar Ali Bhutto being hanged. I held it against him—he could have tipped me off. But he was a journalist before he was a friend.
Premier David Eby, the leader of the minerals- and gas-rich province of British Columbia, spoke with executives at Tata Steel and Reliance Industries on a trade mission to India.
President Murmu has also conferred Kirti Chakra on Major Arshdeep Singh of 1 Assam Rifles for eliminating armed cadres when patrol led by him came under fire along Indo-Myanmar Border last May.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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.