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Cooling crude may ease inflation heat, give RBI room to stay on pause despite WPI surge: YES BankIndia's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crude oil prices and a stable rupee of...- 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...
- India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
- India’s wholesale inflation at multi-year high of 3.88% in March; up from 2.13% in FebruaryIndia’s wholesale price inflation rose to a 12-month high of 3.88% in March from 2.13% in February, exceeding expectations, while retail in...
- India’s growth looks strong on paper, but demand tells another storyThe recent rebasing of India's GDP has ignited a lively discussion among economists. Although official statistics indicate a boost in genui...
- Rebased GDP series sharpens view of India’s economyIndia’s new GDP base revision sharpens economic measurement by using updated data sources like MGT-7 filings, GST data, ASUSE and PLFS. It ...
- United Spirits Q1 Results: PAT zooms 82% YoY to Rs 477 crore; revenue falls 18%The company had posted a net profit of Rs 261.10 crore in the corresponding quarter of the previous financial year.
- Robust top-line growth, resilient operating margins in extremely volatile, inflationary environment: USL MD Hina NagarajanThe company, however, said the performance was strong after numbers are rebased to account for Pioneer Distilleries merger and adjusted for...
- Rebasing CPI necessary for better inflation targeting: RBI paperThe government needs to expedite its work on the revised consumer price index (CPI) which may help the central bank manage inflation expect...
- Government should expedite rebasing CPI: RBI paperThe current indices are derived from the consumption expenditure survey (CES) conducted during 2011-2012, long before Inflation targeting w...
- Pakistan: Govt fudges national accounts to paint rosy economic picture, says reportRebasing doesn't make countries or people richer; it is just about updated data for policymakers to make informed public investment and tax...
- This crypto token zoomed over 8,50,00,000% within a week! Here's whyThis token commands a market capitalisation of more than $3 billion
- Up 67,000% in just 24 hours! Cryptocurrency's mind-boggling rally raises red flagsThe new cryptoverse has delivered about 67,000 per cent return in the last 24 hours. The digital token is commanding a market cap of $1.5 b...
- GDP base revision to take hit as Household Consumer Expenditure Survey gets delayedCovid has thrown a wrench into India’s plan to move to the chain base method to estimate GDP.
- Cipla to target industry-leading growth from Q2 onwards: Umang VohraIn South Africa, our private market business is up. It is growing faster than the market.
- Better life index versus GDP measurementGrowth rates prior to the 2011 are rebased series and have been revised downwards.
- View: There are more questions than answers on back series GDP dataThe assumptions the CSO had to make to recast the ‘back-series’, has left it open to questions.
- Indian Coast Guard to re-base ICGS Rajkamal, six interceptor boatsCoast Guard ship Rajkamal and six interceptor boats will be re-based in the Andaman and Nicobar Islands for enhancing security of new Coast...
- RBI may cut rates further on the back of lower inflation: Radhika Rao, DBS Bank'One aspect that we would be watching very closely is how the RBI interprets the rebased GDP number that came out recently.'
- New WPI more elaborate; inflation to come down: MontekThe Planning Commission said the new Wholesale Price Index (WPI) released on Tuesday is a better reflection of changes in consumption patte...
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