The GDP growth is estimated to come at the "deceptively high" level of 20 per cent for the April-June 2021 quarter but is far below the same in the pre-COVID times, rating agency Icra said on Wednesday. Icra said the low base of the last year, when the GDP had contracted by close to 24 per cent, "conceals" the impact of the second wave of COVID-19 infections. Economic activity is boosted by robust government capital expenditure, merchandise exports and demand from the farm sector, it said, estimating the GDP to grow by 20 per cent and the gross value added (GVA) will register a growth of 17 per cent for the June quarter.
The 24 hours walk is just the beginning of a moment to save the girl child. Dr Rajesh Shah has many things planned but for now his energies are focused on this 24-hours walk.
Here are some tips to help you crack the Staff Selection Commission Combined Graduate Level Examination.
'The kind of situation we are seeing...we don't believe that this can happen in a settled democracy like India'
Niti Aayog vice-chairman Rajiv Kumar said that the two major constraints being faced by the investors are less availability of finance and high interest rates.
India Inc said policymakers should take doable steps to revive fixed investments and production of capital goods
The recent release of the updated index for comparing the value of currencies across countries - generally known as purchasing power parity, or PPP - will have far-reaching implications.
The pace of retail price rise in January 2016 is the highest since 6.46 per cent in September 2014.
The panel said that vacant posts in the CBI are not being filled up at the required pace and recommended that "every effort should be made to fill up vacancies at the earliest".
Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India's GDP grew by 8.5% in the financial year 2010-11 and not at 10.3% as previously estimated.
Anand Rayate, senior IAS officer and state coordinator for the Talathi Recruitment Exam-2023, said the statewide test conducted with the help of IT major TCS started at 11 am, instead of 9 am scheduled originally, after the fault was rectified.
The greatest disconnect lies in the estimates of industrial growth.
If the real economy is indeed looking up, then it no longer needs hand-holding and fiscal laxity
Indian economy is witnessing stable growth momentum, says OECD.
Factory output measured in terms of the Index of Industrial Production had contracted 2 per cent in June last year, as per the data released by the Central Statistical Organisation.
The decline is attributed to lower salary growth and a rise in households' financial liabilities.
The cost of not vaccinating the entire population quickly will be far higher than bearing the entire cost of vaccination, points out Prosenjit Datta.
Impact of lack of significant investments in the last 4-5 years; inability of private sector to put in fresh capital with availing of loans becoming an issue due to rising NPAs of banks, along with demonetisation were mainly responsible for dampening growth, he said.
This is a terrible situation for a growing economy to be in, and the central bank would be expected to act to correct the situation.
It's high time we now turn the popular question on its head -- when there is no growth in jobs for several years, how can the real GDP grow at 7 per cent per annum, says Mahesh Vyas.
Indian economy's growth is expected to be "below trend" even as neighbouring China and most of the developed nations are expected to see better prospects, according to Paris-based think tank OECD.
Maybe the new methods of measuring GDP helped us get an accurate picture.
I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.
The average age of those who died was 80.3, and 90 per cent of the fatalities were aged 65 or over, the Hong Kong-based South China Morning Post reported.
Seeking to dispel the perception of gloom and pessimism, Finance Minister P Chidambaram on asserted in the Lok Sabha that rupee will correct itself and the growth will bounce back.
The biggest loss of jobs among salaried employees was of 'white-collar professional employees and other employees'. Among these are engineers including software engineers, physicians, teachers, accountants, analysts and so on, who are professionally qualified and are employed in some private or government organisation All the gains made in their employment over the past four years were washed away during the lockdown, reveals Mahesh Vyas.
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
The National Council of Applied Economic Research (NCAER) on Thursday lowered the GDP projection for the current fiscal to 4.7-4.9 per cent due to exchange rate depreciation.
The observation was made by a bench headed by Justice UU Lalit which was hearing a plea seeking adequate infrastructure across the country for providing effective legal aid to women abused in matrimonial homes and creating shelter homes for them.
Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.
The prime minister was speaking at an industry meet organised at ONGC Petro Additions Ltd's complex in Gujarat's Dahej.
Mr Modi must now work to win over the governor as a friend and learn to influence people credibly.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
The Economic Survey called for improving business environment.
Better living conditions must be an integral part of all political campaigns. But this will only happen if the public pressures the political class to understand the irreversibility of climate change and make the environment a crucial part of their manifestos.
Govt has drawn list of PSUs for strategic sale: Jaitley
Minister of state for personnel Jitendra Singh said it is a major step to place the right talent for the right role.
Growth in India is expected to remain strong and stable in 2015
'If deaths had been properly reported, it would have helped contain the pandemic.'
The Punjab government blames the slow growth on tax concessions in neighboring Himachal Pradesh and Haryana's proximity to Delhi.
