New Delhi: Indian economy in the financial year 2013-2014 grew 50% faster than earlier thought, the government said on Friday after changing a formula, a reminder of the challenges that unreliable statistics present to Indian
New Delhi: A change in base year for computing national accounts pushed up the economic growth rate for 2013-14 to 6.9 per cent, while earlier estimate on the basis of old series was 4.7 per
New Delhi: Unlike the quantitative measurement system of goods and services produced through GDP (Gross Domestic Product), government of India is soon to come out with a unique survey to measure qualitative development of its
Mumbai: The country's Gross Domestic Product (GDP) is likely to grow at a rate of 6.4 per cent on the back of pick-up in investment cycle in 2015, says a report."With the new government at
Mumbai: Finance Minister Arun Jaitley today said the ballooning subsidy bill needs to be lowered by rationalising the dole-outs.Stating the government should not be doling out pre-poll populist measures that increases the subsidy bill, Jaitley
Reserve Bank of India Governor Raghuram Rajan, on Tuesday, said the government's target of reducing the current account deficit (CAD) to $70 billion or 3.7 per cent of the gross domestic product (GDP) in 2013-14
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