Data on the new series given by a panel on real sector statistics shows that GDP grew by 10.23 per cent in 2007-08 and 10.78 per cent in 2010-11. There are some years for which the new figures show a deceleration in growth as well. The new series has 2011-12 as the base year while the earlier series had 2004-05 and 1993-94.
While consumers will be paying a higher upfront cost for smart metering, the share in the efficiency gains could more than offset this higher spend
Officials say that such a list, to be updated on a real-time basis, will serve as a ready reckoner in identifying those committing multiple economic offences
Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.
A representative of the Confederation of ATM Industry said ATM players were not consulted about the move and they received the news via media platforms.
The review will not only present data, trends but also list out the achievements of the Narendra Modi government
Centre working on open-ended lease agreement to enablesale of property at the end of the agreement period
The ICICI board is looking to the retired petroleum secretary to provide 'maturity and sagacity'.
Performance-based incentives were recommended by the 13th Finance Commission, but omitted by the 14th Finance Commission
While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.
The reason for the EPE's relatively low volume of traffic may lie in the lack of adequate safety measures, especially after sundown. Barring intermittent patches, the highway has no street lights.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
The minister without portfolio is recovering well after his kidney transplant and has started walking in his hospital room.
India will be the global host this year for World Environment Day, with the theme "Beat Plastic Pollution".
A realistic approach towards tax and stock taking is necessary, rather than the old narrative of bringing all petroleum products under GST and playing the blame-the-state game.
Can welfare schemes truly transform from being flagship to flag-bearers for a government that is looking to get a second term in 2019?
The chargesheet was filed against Nirav Modi and 23 others.
It is all about a C and C model -- of choices and consequences -- for women. Women make choices about their lives and for each of them there will be consequences, Shell India Lubricants MD Mansi Madan Tripathy tells Jyoti Mukul.
"Under different scenarios, we see the impact of higher crude prices ranging from $25 billion to a maximum of $50 billion on the oil import bill. The increase in the oil import bill will also affect the current account deficit," economic affairs secretary S C Garg said in a conference on Friday.
Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier.
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