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GDP CONTRACTION NUMBERS
WPI inflation surges to all-time high of 9.7% under new seriesIndia's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power...- CEA defends India's GDP data, says country does not use methodology changes to inflate growth numbersNageswaran responded to concerns raised by some economists over India's GDP estimates, stressing that GDP measurement is an estimate in eve...
- Elon Musk net worth tops combined wealth of next 4 billionaires after historic SpaceX debutSpaceX’s blockbuster stock market debut propelled Elon Musk’s net worth above $1 trillion for the first time. Strong investor demand pushed...
- India overhauls inflation framework with new Producer Price Index, revised WPIIndia is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...
- India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
- Who truly leads the AI industry now? Anthropic’s $965 billion valuation and Claude Opus 4.8 launch reignite the battle for AI supremacy beyond OpenAI’s early leadWho truly leads the AI industry now? As Anthropic reaches a $965 billion valuation and launches Claude Opus 4.8, the AI race enters a new p...
- More accurate data soon: Big missing link in India's economy dashboard finally gets set to go liveCome July, India will unveil its inaugural Index of Services Production to correctly assess the pulse of the country's critical services se...
- AI boom masks rising global energy risks, warns David RocheMarket veterans warn investors may be underestimating the long-term economic fallout from the Middle East energy crisis. While AI spending ...
- World finance chiefs head to IMF with a sense of déjà vuGlobal economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced ca...
- Bottles, flasks grow scarce in India as gas crunch hits glassmakersIndia's glass industry faces severe production disruptions due to Middle East conflict-induced energy shortages. Gas diversions to househol...
- Measures to address the war's fallout lie outside MPC's remit - GoI and RBI must step upThe Reserve Bank of India's Monetary Policy Committee meets amid a West Asian war. This conflict disrupts supply chains and raises crude oi...
- View: India's GDP growth numbers hide more than they revealThe economy sprang out of technical recession in Q3 FY2021, and expanded by a revised 0.5% after reporting two consecutive quarters of de-g...
- State GSDP numbers might undergo revision: SBIIn a report, it also said it found a “significant gap" between its estimates and revised estimates provided by West Bengal, Uttar Pradesh, ...
- Why Q2 GDP print should not make govt & RBI complacentA strong revival of consumption demand is important for the Indian economy as it has ripple effect on other sectors. Consumption is often v...
- Economists upgrade GDP forecasts after Q2 surpriseNomura raised its FY21 growth estimate to an 8.2% contraction from a 10.8% decline seen earlier “to reflect the Q3 (Q2FY21) outturn and fas...
- Will India’s GDP turn positive by Q4FY21? Here’s what analysts sayIndia's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction ...
- GDP Truth: No, India didn't do better than US didMany on Twitter seemed to have bought into the narrative that India performed better compared to its peers, contracting much less in the Ap...
- GDP growth at -23.9% in Q1; first contraction in more than 40 yearsAs per the NSO, gross value added (GVA) came in at -22.8 per cent. It is the worst economic contraction on record.
- Recovery in India’s GDP to be gradual, may call for further stimulus, say analysts"The GDP contraction numbers are much worse than expected and clearly shows the economic recovery expectations are slower than believed."
- Rising COVID-19 cases: Report says India's FY21 GDP to contract by 6 per centIf the global economy has to wait for a vaccine against the virus for a year, India's real GDP will contract by 7.5 per cent in FY21, Bofa ...
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