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Sunday, April 28, 2024
TopicGDP

Topic: GDP

GDP grew 6.1% not 6.8% last fiscal but rose to 8.3 % in demonetisation year

National Statistical Office Friday revised India's GDP growth downwards for two financial years while increasing economic growth in year of demonetisation.

Congress is trying to corner BJP on economy, one press conference at a time

Congress is holding daily press meets to target Modi govt over economic downturn. Rahul Gandhi is likely to go on a tour to address issues related to public.

It’s time to lower expectations from the economy, and not try to do too much in the Budget

India is paying the price for trying to do too much in past Budgets, and sectors that have been bled white, such as telecom and govt companies, are worst hit.

In Modi’s India, Kashmir’s economic catastrophe makes no dent in collective conscience

At 5%, but India’s economy is still growing. Now imagine if output were to decline, what would the streets look like? That is what Kashmir is going through.

Global debt-to-GDP ratio hit an all-time high last year

The US general government debt to GDP rose to about 102% of GDP while government debt in China grew at its fastest annual pace since 2009.

How India has become an economy facing stagflation from one that was a world-beater

At the heart of India’s problems is a slump in consumption following a combination of policy missteps. Now, stagflation is looming.

Modi govt plans to further ease FDI rules for insurance, aviation

Finance Ministry has suggested increasing limit on FDI in insurance companies to 74% from 49% and allowing foreign airlines to own Indian carriers.

India’s budget could widen to 3.8% of GDP

The Modi government is facing a revenue crunch as economic growth slows, putting pressure on the budget.

Give up Facebook for a month and help economists fix GDP

A new paper by MIT researchers can help economists get a better measure of the extent to which new, free technologies are reshaping the economy.

Nirmala Sitharaman must get GDP estimate right in Budget 2020 — it should be about 5%

All Budgets face resource restraints, but this one will have to confront them in their full severity. Modest growth figure will force govt to make hard choices.

On Camera

Instagram reels on stoicism are the new rage — they can battle burnout and bigotry

The Romans’ version of stoicism is rapidly picking popularity on Instagram — Marcus Aurelius, Epictetus, and Seneca are some names that get thrown at you when you fire up your screen.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.