Once seen as a spokesman of the government on internal security matters, Sriprakash Jaiswal was on Wednesday elevated to Cabinet rank and retained in the coal ministry. A three-time Lok Sabha member from Kanpur, Jaiswal's elevation to the Cabinet rank comes at a time when elections are scheduled in Uttar Pradesh, where he served as the state unit chief of the Congress. He has shed the portfolio of statistics and programme implementation.
New chief statistician T C A Anant said on Monday hiking fuel prices was a better option than keeping them artificially low and widening the fiscal deficit, even as the Opposition organised a nationwide strike against the government's decision on Monday.
Wholesale price-based inflation, which dipped to sub-zero levels following the impact of the global crisis, has started firming up and rose to 7.3 per cent in December, 2009.
While long-term debt increased by 9.5 per cent to $230 billion, short-term debt registered a sharp increase of 26 per cent to $66 billion.
The number of mobile phone subscribers in China hit a record 416 million at the end of April, the Ministry of Information Industry said in Beijing.
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
A look at six indicators shows all of them have collapsed from positive growth in April to contraction in September.
Mumbai police commissioner Param Bir Singh told reporters that a national TV news channel, facing flak over its attack on Mumbai police and Maharashtra government in the Sushant Singh Rajput death case, was also involved in the TRP racket.
Industry growth has started picking up in recent months fueling suggestion from RBI and other analysts for partial roll back of stimulus measures taken to ward off the impact of global economic slowdown last year.
The committee has termed the Employee Provident Fund Organisation's data on number of pensioners subscribed to the Employee's Pension Scheme, 1995 as 'inflated and imaginary'. Top officials of the labour ministry and the provident fund organisation were unable to explain how calculations for pensionary liability were arrived at without knowing the number of pensioners in the country.
Discrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method.
According to latest statistics of the Home ministry, the seven forces -- the CRPF, the Border Security Force, the Indo-Tibetan Border Police, the Seema Sahastra Bal, the Central Industrial Security Forces, the National Security Guard and the Assam Rifles -- have lost 1,067 men in combat or counter-insurgency operations over a period of three years. But more than thrice -- as many as 3,611 personnel -- have died due to illnesses.
Advocating the move, home ministry officials said most of the developed countries change the security features of their currency notes every 3-4 years and therefore, it is absolutely necessary for India to follow this policy.
Advance estimates of national income growth released today by the Central Statistical Organisation (CSO) project it at 7.2 per cent in 2009-10, pegging it a notch below earlier forecasts of the Reserve Bank of India (7.5 per cent) and finance ministry (7.75 per cent). With economic growth back on track the government may initiate a phased withdrawal of the fiscal stimulus package.
The projected gross domestic product figure for the current fiscal, as put out by the advanced estimates of the Central Statistical Organisation, is lower than the Reserve Bank of India and the finance ministry's forecasts.
Secretary of State Mike Pompeo said he was taking action against an unspecified number of Chinese officials, including from the ruling Communist Party, under a US law that calls on China to let Americans visit Tibet.
Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.
Mobile phone manufacture in India started only in 2006.
A PhD from Chicago-Booth and a top-ranking IIT-IIM alumnus, Krishnamurthy Subramanian is one of the world's leading experts in banking, corporate governance and economic policy
Are breakthroughs on this imminent, asks Ajit Balakrishnan.
India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. Amid overall decline in economic activities, some respite was provided by the agriculture sector and utility services like power and gas supply, which have been projected to post positive growth during the current fiscal ending March 2021.
These dedicated COVID-19 facilities will have a capacity of 1,06,719 isolation beds and 12,024 ICU beds reserved for such patients in the country.
The government on Monday admitted in Rajya Sabha that almost half of 951 central sector projects are delayed resulting in cost overrun to the tune of over Rs 40,000 crore (Rs 400 billion).
The Congress, Left parties, Trinamool Congress and some others were in the forefront of this attack on the government, which is set to garner around Rs 7,900 crore through the decision.
Rs 7 lakh crore will be invested to develop for over 80,000 km of highways including Bharatmala project in the next five years
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.
Leading indicators suggest economic activity has been disrupted after demonetisation.
'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'
'China wants to change the status quo of India's Northern Border and proves that it can do whatever it wants in what it perceives as its own territory,' states Claude Arpi.
RBI Governor Raghuram Rajan has noted the contradiction.
The GDP has been estimated at Rs 126.54 lakh-crore (Rs 126.54 trillion).
National Sample Survey Organisation, a division within the ministry of statistics, has been roped in to collect price data for the new series and a dry run is on the anvil in the next couple of months. The new series will have 2004-05 as the base year, as against 1993-94 in the present mode and will reflect a consumption basket that is relevant in today's scenario, thereby making inflation data more reliable. The new series will have 2004-05 as the base year.
Home Office figures earlier this year showed Asians were twice as likely to be killed in stabbing or "bottling" incidents than a decade ago, The Independent newspaper reported.
The recent assessment of tiger population is based on determining spatial occupancy of tigers throughout potential tiger forests and sampling such forests using camera traps in a statistical framework, Minister of State in the Ministry of Environment and Forests S Regupathy said in a written reply. However, the minister said this assessment is not comparable to the earlier total count using pugmarks owing to several shortcomings.
The Survey adopts an unfettered approach in thinking about the appropriate economic model for India. This endeavour is reflected in the sky blue cover of the Survey, Chief Economic Adviser Krishnamurthy V Subramanian said.
The new numbers show India's economic growth rate averaged 6.7 per cent during the Congress-led United Progressive Alliance regime as compared to 7.3 per cent under the present government. Previous numbers had put the average growth rate during the 10-year UPA rule at 7.75 per cent.
The Gross National Income (GNI) at 2011-12 prices is now estimated at Rs 112.13 trillion as against Rs 112.14 trillion estimated earlier for 2015-16.
