Tuesday, October 26, 2021

Questioning CSO data is jumping the gun, say experts, wait for revision

June 18, 2020 2:52:50 pm

Economists believe that as data gets refined in coming months, it is likely that these numbers are revised.

Third quarter FY16 revision helped GDP, note ban impact at 1%: Analysts

June 18, 2020 2:54:47 pm

The Central Statistics Office (CSO) put the growth rate for October-December 2016 period at 7 per cent, compared to 7.4 per cent in the second quarter and 7.2 per cent in the first quarter.

Third quarter was substantially impacted by demonetisation: Arun Jaitley on GDP

June 18, 2020 2:55:09 pm

Arun Jaitley said, "GDP number belies exaggerated claims by many that rural sector was in distress and agriculture growth at record high."

Silver lining is surprise after dark slowdown cloud

March 1, 2017 4:10:51 am

Soumya Kanti Ghosh, Group Chief Economic Advisor of SBI, said that the steep downward revision of the third quarter of FY’16 has, in turn, led to higher growth in the third quarter of FY’17.

April-January FY 17: Fiscal deficit goes past full-year target

March 1, 2017 1:38:40 am

The April-January net tax collection was Rs 8.16 lakh crore, which was 75 per cent of the revised estimate (RE) for the full year

‘Remonetisation almost complete’: Consumption concerns; Shaktikanta Das says period of impact over

March 1, 2017 1:29:16 am

‘Any adverse effect on consumption is not likely to spill over to next year’

Cash to remain king for Swiss; central bank rules out note ban

March 1, 2017 12:29:09 am

It has been speculated for some time that Switzerland may have to do away with cash, especially high value banknotes, to get rid of its tag of being an alleged 'safe haven' for black money stashed by foreigners including from India

Despite demonetisation, India’s GDP growth stays 7 per cent: Govt data

June 18, 2020 2:58:03 pm

India GDP growth: The Economic Survey for 2016-17 had projected India’s GDP growth rate to reduce by 0.25-0.5 per cent in 2016-17 owing to cash squeeze in the economy following demonetisation.

India deserves a better rating: OECD on India’s growth rate

February 28, 2017 7:22:32 pm

Gurria said rating agencies have become "so overtly cautious" as they "don't want to be caught being overtly aggressive."

Demonetisation effect: India’s GDP growth slows to 7 per cent in Oct-Dec

June 18, 2020 2:58:49 pm

India GDP growth rate: The Reserve Bank of India (RBI) and the Economic Survey had projected India to grow at 6.9 per cent and 6.5 per cent in current fiscal.

Positives of note ban to be felt from April: Shaktikanta Das

February 28, 2017 5:53:29 pm

Das was speaking at the launch of OECD's Economic Survey for India.

Stocks move down, GDP data release casts shadow

February 28, 2017 5:36:33 pm

The 30-share index, which had lost 80.09 points in the previous session, fell further by 69.56 points, or 0.24 per cent, to 28,743.32