Indian Economy seems to have braved the impact of demonetisation reasonably well, as per the figures released by MOSPI today. GDP records a growth of 7% for quarter ended Dec’16, lower than 7.3% in Q2 but still far better than the decline projected. However, this may still be too early to take things for granted … Continue reading Indian Economy's Performance – Life after Demonetization..
Gross Domestic Product (GDP) of the economy recorded growth of 7.3% for quarter ended Sept’16 (Q2’17) as per the data released by MOSPI today. While the figure is slightly better than Q1, the numbers do not appear to inspire confidence for a variety of reasons. The highlight for the quarter is growth of 3.3% in … Continue reading Indian Economy – Sept'16 Performance..
Two successive droughts and a bountiful rain this year has brought back the agriculture economy into the mainstream agenda. Record area sown this kharif season and hopes of a bumper crop provides lot of relief to the policy makers and to the whole country. Yet, agriculture sector continues to receive step motherly treatment with corporate … Continue reading Agriculture Sector – Will It Get Its Due.??
The GDP for Q1’17 has recorded growth of 7.1%, sharply lower than 7.9% recorded in Q4’16, as per the data released by Central Statistics Office (CSO) on Wednesday. However, in terms of Gross value added (GVA), growth rate at 7.3% is only marginally lower than 7.4% of Q4’16. Further, GVA for manufacturing, financial services group & public … Continue reading Demystifying GDP Growth..
The IMD’s (Indian Metrological Department) prediction of monsoon being 106% ± 5% of LPA has brought only cheers, but even tears of happiness on this good news for the nation, so deeply dependent on monsoon and having faced the wrath of Rain Gods for two consecutive years with serious deficit in monsoon. So much so, … Continue reading Rain, Rain; Come soon…