'Revision of the base year for both CPI and GDP are long overdue.''The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.''We have since seen the......
India's GDP estimates for 2020-21 show that the economy is expected to perform much better than earlier projections by different agencies, indicating a sustained V-shape post-lockdown recovery,......
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......
'Given that the economy is going through a slowdown, further downward revisions of the 2019-2020 growth estimates cannot be ruled out,' notes A K Bhattacharya. Illustration: Dominic......
Inflation breached the upper end of the RBI's comfort level of 4 per cent plus-minus two percentage points. Illustration: Uttam Ghosh/Rediff.com Retail inflation, which accelerated to 7.35 per......