Tuesday, 18 January, 2022
TopicGDP

Topic: GDP

GDP surged under UPA because it purchased growth at a high price

UPA’s growth trajectory via higher spending policies led to high retail inflation, falling public and private investment, and subsequent slowdown in growth.

‘Politicisation of GDP back-series data unfortunate’

Sudipto Mundle, who led the committee that released the revised data, talks to ThePrint about the furore that followed.

Defence forces to Kerala’s rescue, and the furore over a hug

The best cartoons of the day, chosen by editors at ThePrint.

Revised GDP data shows why Narendra Modi can’t let go of falling rupee

In the absence of reliable jobs data, all that was missing from the Congress' attack was clinching proof that his policies were growth-unfriendly.

Modi govt: Don’t quote report that showed higher GDP growth under UPA than NDA

Report by government-backed panel has pegged average growth under UPA at 8%, higher than that during 4 years under NDA.

Chidambaram lashes out at Modi govt for changing GDP base year to show higher growth

Congress leader rebuts NITI Aayog vice chairman’s claim that Modi govt has surpassed UPA-era growth despite being handed over economy in bad shape.

RBI retains 7.4% GDP forecast for 2019

Various indicators suggest India's economic activity continues to be robust, says RBI in its monetary policy statement.

Per capita income, human development rankings puncture holes in India’s GDP rise story

GDP per capita of $1,940 shows the average Indian is less prosperous than those in some of our neighbouring countries.

Double-digit earnings growth yet again for Indian equities, suggest analysts

Actual earnings that reinforce forecasts will help justify hope among analysts about market prospects despite headwinds.

Divergent numbers pose a question: What’s the truth about India’s economic outlook?

Nikkei India numbers show an expansionary trend, while CMIE data indicates a continuing fall in economy.

On Camera

YourTurn

The plea was earlier dismissed by the High Court | Manisha Mondal/ThePrint

Modi govt will have to wait on All India Judicial Services. Top judiciary main opposition

AIJS aims to draw better talent to the district and subordinate judiciary but the higher judiciary does not want to give assertion over the lower courts.
A Life Insurance Corporation building in Kolkata, India | Bloomberg

Inside the all-out campaign to prepare for LIC’s mega IPO

A knock-out listing could see LIC raise as much as $10 billion from the IPO with a minimum dilution of 5%. That would make it the third biggest globally involving an insurer.

Defence

HAL likely to be in fray for Navy’s NUHs after defence ministry junks Coast Guard chopper deal

Last week, the Defence Acquisition Council scrapped the Coast Guard programme to buy 14 twin-engine helicopters under Buy Global category. Other projects under review now.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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