The latest national income data released by the National Statistical Office last week have generated a fair amount of excitement as well as bewilderment. While the markets have cheered the NSO’s estimate of a robust 8.4% year-on-year growth in real gross domestic product in the October-December quarter, some economists have been hard pressed to reconcile the sharp differences of well …
India’s economy, as measured by the Gross Domestic Product as well as the Gross Value Added, grew 7.8% in the first quarter of the year. But the months ahead could prove to be more challenging with global headwinds that have hit goods exports and manufacturing already, combining with domestic pressures from the renewed spurt in inflation and the likelihood of …
The National Statistical Office’s provisional estimates of national income for the 12 months ended March and quarterly GDP estimates for the fourth quarter posit a picture of an economy that sustained momentum last year despite headwinds. Gross value added numbers for the fourth quarter point to a broad-based uptick in growth from the preceding three months, with the umbrella utility …
