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Why India???s 7.8% GDP growth isn???t enough to celebrate
5+ day, 9+ hour ago (463+ words) Why India’s 7.8% GDP growth isn’t enough to celebrate Livemint Why India’s 7.8% GDP growth isn’t enough to celebrate This is a Mint Premium article gifted to you. India’s 7.8% June-quarter growth rate was celebrated by the government but met with scepticism from…...
'Fictional, loose figment of irrational tit-bits': SBI report refutes claims of missing nominal GDP data
5+ day, 12+ hour ago (564+ words) The narrative surrounding the supposed missing sums in the national accounts is a badly scripted piece of fiction devoid of any logic, according to the latest research report from SBI Ecowrap. The report stated that criticisms questioning adjustments in nominal…...
India???s GDP data is back in the eye of a storm: here???s what to make of this economy tracker
5+ day, 15+ hour ago (580+ words) The ongoing controversy over India’s GDP estimate for the first quarter (Q1) of 2026-27, from April to June, echoes what happened after its base year was reset in 2015 from 2004-05 to 2011-12. This time, the gauge’s base was updated to 2022-23 and its inflation-adjuster upgraded....
Smaller economy, PPI inclusion: Why India???s GDP is facing fresh scrutiny
1+ week, 7+ hour ago (217+ words) Smaller economy, PPI inclusion: Why India’s GDP is facing fresh scrutiny Livemint Over the last few days, Indiaâs gross domestic product (GDP) figures have come under fresh scrutiny for two reasons: downward revisions to past nominal values and a…...
India GDP grows 7.8%, but PM Modi urges less gold purchase, foreign travel: Does it help the economy? Expert weighs in
1+ week, 23+ hour ago (789+ words) India's economy grew 7.8% in the first quarter of fiscal 2026-27, beating expectations despite higher oil prices and global supply-chain disruptions. At the same time, the government has renewed its call for Indians to curb non-essential foreign travel, overseas weddings and gold…...
Neelkanth Mishra defends GDP data, calls criticism ‘egregiously wrong’ | Today News
1+ week, 3+ day ago (736+ words) Economist Neelkanth Mishra has strongly defended India's 7.8% GDP growth in the first quarter of the current fiscal, dismissing claims that the growth was inflated by the revision of the national accounts series as “ill-educated and egregiously wrong”. Neelkanth Mishra defends…...
Here???s why India???s 7.8% GDP growth figure isn???t final, and 2.6% misses the math
1+ week, 3+ day ago (473+ words) India’s latest gross domestic product (GDP) figures have drawn widespread scrutiny since the data was released on Monday. Official statistics said April-June growth was 7.8%, which was hailed as a “Herculean feat” by Prime Minister Narendra Modi, but former finance secretary…...
'7.8% growth but still import-dependent': Sridhar Vembu explains Modi???s Swadeshi push
1+ week, 4+ day ago (389+ words) Prime Minister Narendra Modi’s renewed appeal to Indians to avoid non-essential gold purchases, foreign travel and overseas weddings has sparked considerable debate on social media. Explaining the rationale behind the appeal, Zoho founder Sridhar Vembu said India needs to conserve…...
Centre defends GDP estimates, says revisions reflect updated data, methodology
1+ week, 4+ day ago (701+ words) The government on Wednesday defended its methodology for estimating national income and the robust June-quarter growth rate, saying revisions to 2025-26 GDP and divergence between price gauges reflect updated data and methods, rather than an attempt to mechanically inflate the figures....
Sitharaman meets World Bank chief Ajay Banga, discuss deepening cooperation
1+ week, 4+ day ago (355+ words) Washington, Sep 2 (PTI) Finance Minister Nirmala Sitharaman has met World Bank President Ajay Banga and discussed further strengthening the partnership between India and the international finance institution to deepen corporate, infrastructure and municipal bond markets. Sitharaman met Banga on the…...