The IIM-Bengaluru and University of Kent study looked at consumption patterns of households in major states before & after elections and found a spike in the expenditure on some key items ahead of the vote.
Oil is India’s biggest import and elevated prices along with a weaker rupee will widen the trade deficit, fuel imported inflation and squeeze government finances.
The central bank's Department of Economic and Policy Research has flagged considerable volatility in initial estimates of GDP and questioned the veracity of official data.
India’s multiple...
The report points out that though the phase after 2014 has been labelled a period of rural distress, the gap between average growth in rural wages and rural inflation is not so significant.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
A next generation extended stand-off air-to-surface missile test fired by IAF, ROCKS has been designed & manufactured by Israeli defence major Rafael, keeping India’s needs in mind.
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