An analysis by the Congress — days after the Narendra Modi government completed four years — on whether the management of the economy has helped the people of the country.
RBI’s move comes as central banks in emerging markets step up action to counter capital outflows and weaker currencies that threaten to drive up inflation.
According to a Goldman Sachs analysis of the inflation facet that most threatens each Asian economy, exchange-rate depreciation has an outsize impact on India's.
Data showed a positive change in India’s economy after Modi tweaked the GDP calculation, but those gains got eroded after 2016's sudden cash clampdown.
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.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
Illogical conclusion. If there is unutilised capacity in the economy, it would continue to grow even when no new investment is taking place. These two do not move in tandem.
More clarity when the GDP figures are released … To some, it would appear that the GDP figures add to the fog.
Illogical conclusion. If there is unutilised capacity in the economy, it would continue to grow even when no new investment is taking place. These two do not move in tandem.