Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough.
A summary of sports events and persons who made news on Thursday
It is a classic case of extremes: The worst contraction in GDP along with the highest-ever levels of cash in the economy; and a severe dent in consumption together with strong growth in bank deposits and digital payments.
The report said that "we believe, institutions are more important than individuals" and ultimately what is important is the credibility and the independence of any institution and nothing else.
Quinton de Kock scored his highest Twenty20 international score of 59 to lead South Africa to a 20-run victory over Bangladesh on Thursday in the first game of the series.
Chefs from India's finest restaurants share recipes of their signature dishes for you to whip up in your kitchen. Avantika Bhuyan lists them.
Images from Sunday's ICC World Cup match between Bangaldesh and South Africa.
The New Zealand captain finished on 200 not out as his side posted a record score of 715 for six declared in their first innings - a lead of 481 runs.
In an online chat with readers Soumya Banerjee, CEO, Attano Media and Education Pvt Ltd, an interactive educational eBook store and Navin C Joshi, CEO, ENTRANCEi, a leading education services provider addressed queries on how to crack the medical entrance test for undergraduate programmes in India.
'He is a fearless cricketer and we (team management) want him to have that freedom'
Check out India's schedule on Day 4 of the Commonwealth Games in Gold Coast, on Sunday.
Economists praise Das for his pragmatism and willingness to face challenges head on. And in doing so with the finesse of an able administrator.
India lifted the Asia Cup trophy for a record sixth time after beating Bangladesh by a comprehensive eight-wicket margin in the weather-hit final at Sher-e-Bangla stadium in Mirpur on Sunday. Chasing a challenging target of 121 runs in the allotted 15 overs after rain resulted in two-hour delay in the start of the match, opener Shikhar Dhawan and Virat Kohli guided the men-in-blue home. After the early dismissal of Rohit Sharma, Kohli (41 not out off 28 balls) partnered Dhawan (60 off 44 balls) to stitch a match-winning partnership of 94 runs for the second wicket. India now has won the continental tournament most number of six times followed by Sri Lanka (5).
Economists caution that the underlying cause could be an alarming drop in demand -- something that's not good for economic growth.
The Civil Services Aptitude Test is on May 26.
'But the world would be much poorer without economics' contribution to understanding how societies function and without economists' suggestions as to how politicians might improve them. 'And economists themselves could do wonders by simply incorporating the country-specific factors in their econometric models rather than just applying them in toto," say Soumya Kanti Ghosh and Samir K Jha.
In an online chat with readers Soumya Banerjee, CEO, Attano Media and Education Pvt Ltd and Deepak Agarwal, Founder Director, AIETS, addressed queries on how to prepare for the SBI Bank PO exam.
In a statement e-mailed to the media by his lawyer Rebecca John, the disgraced Rajasthan Royals cricketer said, 'I have never indulged in any spot-fixing and I have always played cricket in the spirit of the game.'
Unheralded Bhawana Jat qualified for the Tokyo Olympics in the 20km race walk event after pulling off a shock win with a national record time at the National Championships in Ranchi on Saturday. The 23-year-old athlete, who hails from a poor farmer's family at Kabra village in Rajasthan's Rajsamand district, clocked 1 hour 29 minutes and 54 seconds, well inside the Olympic qualification time of 1:31:00, to win the gold.
'Vaccination is the only safe way to get immunity.'
Woman Grandmaster Bhakti Kulkarni and Grandmaster S P Sethuraman made history, winning the gold medal in the Asian Continental Women's and Open chess championship that concluded in Tashkent, Uzbekistan, on Friday.
More than 75 militia members from Korukonda Area Committee of Maoists on Saturday surrendered before the Visakhapatnam rural police on Saturday.
The WHO expert noted that measures taken in India such as the nationwide lockdown have had an impact in slowing transmission but the risk of an increase in cases looms as the country opens up.
'Given the 50 per cent or thereabouts increase in borrowing that has been announced, it is a reasonable estimate to say that at this time, an increase of 1.7-1.8 per cent on the 3.5 per cent budgeted fiscal deficit target is being anticipated,' Chief Economic Adviser Krishnamurthy Subramanian said on Friday.
The hosts were 451-4 at stumps on the second day at Seddon Park with captain Kane Williamson on 93 and nightwatchman Neil Wagner one not out, having built an imposing 217-run first innings lead.
India's chances of a medal went up in smoke as the team crashed to a heavy loss against Georgia in the seventh round of the World Women's Team Chess Championship in Chengdu, China.
Following is the schedule of the Indian contingent on the 11th day of the Asian Games in Jakarta on Wednesday.
Rohit Sharma slammed a quickfire 83 to power India to a comprehensive 45-run victory against Bangladesh in the first match of the Asia Cup T20 tournament in Dhaka, on Wednesday.
Their arrival itself was mired in drama and a mercurial Pakistan would look to bring the focus back on their cricket when they take on an enigmatic Bangladesh.
There has been criticism of the official statistics ever since MoSPI came out with new methodology to estimate the GDP on the base year of 2011-12 compared to earlier 2004-05.
If you are a retail investor, you can allocate a portion of the portfolio to the medium- to long-term debt fund category instead of gilt funds.
The legendary fight between David and Goliath in the Bible forms the backdrop of the story.
Sri Lanka's Kusal Mendis fell agonisingly short of a maiden double century but his career-best 194 propelled the hosts to 494 all out against Bangladesh in the first innings of the first Test on Wednesday.
Grandmaster Abhijeet Gupta won a silver by pocketing seven points out of nine games while Tania Sachdev turned out to be the best woman performer for India with a bronze medal in the Chess Olympiad, that concluded in Istanbul Turkey on Sunday.
A dominant India cruised into the final with three convincing victories in a row, but Bangladesh will also be high on confidence following their thrilling victory against Sri Lanka in their last league match.
If you have a question relating to cricket and did not know who to ask, bounce them off to Rajneesh Gupta.
Eager to keep their semi-final hopes alive, a desperate Bangladesh will have their work cut out when they take on a spirited Afghanistan in a do-or-die World Cup encounter in Southampton on Monday. England's defeat at the hands of Sri Lanka on Friday breathed air into Bangladesh's hopes of securing a semi-final berth and the 'Tigers' will be keen on making the most of the situation starting with a win over the bottom-placed Afghanistan.
Shakib has already submitted a letter to the BCB asking for a sabbatical and the board has complied with his demand.
Having done all the hard work with spectacular results, Indian players would look to hold their nerves in the final dash to finish at the podium in the World Women Chess Team Championships, in Mardin, Turkey.
The Indian eves came up with a spectacular performance to crush Armenia 3.5-0.5 in the fourth round and take the sole second spot in the World Team Chess Championship Mardin, Turkey.
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