New Delhi: The Ministry of Statistics and Programme Implementation (MoSPI) reduced the number of estimates and the timeline for releasing final estimates for GDP by one year, by doing away with the third revised estimate. The ministry will now release five GDP numbers instead of six, with the final revision coming nearly two years from … Read more
While the smallcap and midcap indices have already been hitting new peaks every other day, it took the twin triggers of exit poll and GDP data for Nifty to scale above its previous peak of 20,222 hit on September 15 today. While the Q2 GDP growth rate at 7.6% surpassed all expectations, Street favourite BJP … Read more
Manufacturing activity in India grew at its fastest pace in 10 months in November, driven by strengthening demand and improving market conditions amid tentative signs of an improvement in hiring activity, a private survey showed on Wednesday. Companies scaled up input buying, which in turn led to the second-quickest accumulation in stocks of purchases in … Read more
Statistician Pronab Sen analyses the Q1 GDP data. Edited excerpts from his interview to ET Now’s Tamanna Inamdar: Tamanna Inamdar: Some are saying 20.1% GDP growth is good, some are calling it great and some are saying it’s really nothing much. What is your take? Pronab Sen: At the end of the day, what matters … Read more
The economic toll from a deadly second wave of Covid-19 that swept through India last quarter doesn’t appear to be as bad as feared, with analysts still seeing the nation pulling off the world’s fastest growth this year. A better-than-expected manufacturing performance and a milder hit to services, combined with a robust pace of vaccinations, … Read more
BJP should change the course of its campaign in West Bengal if it wants to increase its vote share in the state. Synopsis Last time BJP announced implementing CAA, defeat for the party in the Delhi assembly elections followed. Having won all seven parliamentary constituencies in Delhi in the May 2019 elections on the ‘Sabka … Read more