Indian Economy
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India’s latest GDP growth numbers are ‘mystifying’, says former chief economic advisor
Arvind Subramanian said that the implied inflation in the GDP numbers is 1% to 1.5%, while the actual inflation is between 3% and 5%.
Scroll Staff
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UPA government made economy non-performing, alleges Centre’s white paper
The Congress-led coalition’s leadership abandoned economic reforms after coming to power in 2004, the finance ministry alleged.
Scroll Staff
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Retail inflation jumps to 5.5% in November from 4.87% in October
The increase in price rise indicator was driven by food inflation, which increased to 8.70% from 6.61%.
Scroll Staff
Trending
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Why the exodus from Bhutan of young people and qualified workers is a worry for India
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Why did a Union minister say he would apply for Indian citizenship under CAA?
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Seven firms that failed drug quality tests gave money to political parties through electoral bonds
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Electoral bonds: What we know so far, what we will know soon – and what we may never know
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Why the Opposition is alleging that a WhatsApp forward from Modi is a poll code violation
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Retail inflation falls to four-month low of 4.87% in October
The price rise indicator was 5.02% in September, 6.83% in August and 7.44% in July.
Scroll Staff
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Core sector output drops to four-month low of 8.1% in September
Only fertiliser sector showed an increase in growth production at 4.2% in September from 1.8% in August.
Scroll Staff
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Wholesale inflation climbs to six-month high of -0.26% in September
The deflation has been attributed to a fall in prices of chemical and chemical products, mineral oils, textiles, basic metals and food products.
Scroll Staff
Video
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‘Time to forget about it’: Miriam Margolyes, who acted in ‘Harry Potter’ films, tells adult fans
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Watch: Protestors lie on the ground together along the seashore in Spain to represent Gaza victims
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Watch: From Sonu Nigam to Shilpa Rao, prominent singers sing ‘Yaaron Dosti’ in a tribute to KK
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Watch: Pilot makes a special announcement with baby daughter to celebrate her first flight with him
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Watch: Musicians Shantanu Moitra and Papon collaborate for this year’s Earth Hour India anthem
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Retail inflation eases to three-month low of 5.02% in September
Food inflation, which accounts for nearly half of the overall consumer price basket, moderated to 6.56% compared with 9.94% in August.
Scroll Staff
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India’s forex reserves fall to four-month low of $593.037 billion
Gold reserves decreased by $384 million to $44.00 billion at the end of the last week.
Scroll Staff
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JPMorgan to include Indian government bonds in its emerging markets index
Chief Economic Advisor V Anantha Nageswaran said that the decision shows that financial market participants have confidence about India’s growth prospects.
Scroll Staff
The Reel
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‘Adrishyam’ trailer: Eijaz Khan and Divyanka Tripathi Dahiya play undercover agents
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Prithviraj Sukumaran on what makes ‘The Goat Life’ special: ‘A deeply meditative character study’
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Start the week with a film: A riveting game of mind control in ‘The Manchurian Candidate’
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‘Crew’ trailer: Tabu, Kareena Kapoor Khan and Kriti Sanon play stewardesses involved in smuggling
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‘I wanted to land this film correctly’: Why actor Kunal Kemmu chose to direct ‘Madgaon Express’
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Household savings fell to nearly five-decade low in 2022-’23, shows RBI data
Annual financial liabilities of households increased by 5.8% of the gross domestic product, as against 3.8% in 2021-’22, as per the data.
Scroll Staff
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Retail inflation eases to 6.83% in August from 7.44% in July
This is the second consecutive month when the price rise indicator has remained above the tolerance band of the Reserve Bank of India.
Scroll Staff
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India ‘covering up reality’ of GDP numbers, claims Princeton economist Ashoka Mody
If more well-rounded numbers are taken into account, the country’s growth rate for the first quarter of 2023-’24 would come to 4.5% instead of 7.8%, he said.
Scroll Staff
The Field
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Archery: Deepika Kumari tops national selection trials for World Cup Stage 1 and 2
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Commonwealth Games: Malaysia to consider hosting a downsized edition in 2026; Singapore also in fray
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WPL 2024: From captain Meg Lanning to rising star Shreyanka Patil – The Field’s team of the season
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Wrestling: IOA dissolves ad-hoc committee; elected body to take charge of national federation
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Hockey: Harmanpreet Singh to lead 27-member Indian squad for Australia tour