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Economists treat India's new GDP like China's, devise own ways to gauge growth

Feb 05, 2016

Economists treat India's new GDP like China's, devise own ways to gauge growth

Doubts about the accuracy of India's gross domestic product figures persist a year after its statisticians unveiled new readings they say better capture value addition down the goods and services supply chain. #Economy #India #China #GDP #Arun Jaitley #Economists #new methodology
The birthday letter Narendra Modi didn't write to Raghuram Rajan

Feb 05, 2016

The birthday letter Narendra Modi didn't write to Raghuram Rajan

In the letter he didnt write, PM Modi hopes Rajan would some day join his government #Economy #GDP #RBI #WPI #Raghuram Rajan #GST #capital outflow #CPI #PM Modi
Rajan's about-turn on GDP: Why central bankers should be clear on what they speak

Feb 01, 2016

Rajan's about-turn on GDP: Why central bankers should be clear on what they speak

the governor possibly didn’t intent to question the accuracy of India’s GDP numbers or the method of calculating GDP. But, clearly, his comments did appear to do so and spread confusion #RBI #Economic growth #Raghuram Rajan #GDP calculation #new GDP
Why UDAY, 7th Pay Commission are ticking time bombs on states' finances

Jan 30, 2016

Why UDAY, 7th Pay Commission are ticking time bombs on states' finances

What will the double whammy of the UDAY (Ujwal Discom Assurance Yojana), the central government’s financial turnaround scheme for state power distribution companies, and pay revisions of government employees do to the finances of state governments? #GDP #fiscal deficit #Icra #power sector #discoms #Piyush Goyal #7th Pay Commission #State Finances #GSDP #UDAY #SDL
Ahead of Budget, RBI's Rajan warns of debt-driven growth, reminds of fiscal road map

Jan 30, 2016

Ahead of Budget, RBI's Rajan warns of debt-driven growth, reminds of fiscal road map

Ahead of the Budget, RBI Governor Raghuram Rajan on Friday warned against generating economic growth through additional debt saying that any deviation from the fiscal consolidation path will hurt stability of the economy. #GDP #Debt #NewsTracker #Economic growth #fiscal deficit #stocks #Raghuram Rajan #Modi #Union Budget 2016 #Budget & Economy
True reforms must transform lives of citizens, says PM Modi

Jan 29, 2016

True reforms must transform lives of citizens, says PM Modi

The prime minister also highlighted the achievements that his government witnessed so far till the last year. #Economy #Corruption #GDP #Narendra Modi #Poverty #TheySaidIt #fertiliser
GDP growth for 2014-15 marginally revised down to 7.2%

Jan 29, 2016

GDP growth for 2014-15 marginally revised down to 7.2%

Government has marginally revised downward the economic growth for 2014-15 to 7.2 per cent from the earlier estimate of 7.3 per cent after factoring in latest data on agriculture and industrial production. #GDP #revised #GVA #new base year #FY2014-2015 #fiscal 2015
Foreign investors eye India's cheap stocks after big global sell off

Jan 29, 2016

Foreign investors eye India's cheap stocks after big global sell off

the Indian markets have been whipsawed this month in the risk-off trade in response to elevated threats from low oil prices and slumping China, but foreign investors now see a real opportunity to come in and start buying beaten down Indian stocks. #India #Stock market #GDP #RBI #Narendra Modi #ETF #foreign investors #Seth Freeman #EM Capital Management LLC