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..
The Central Statistics Office (CSO) released estimates for GDP for 2015-16 last week, which recorded growth of 7.6% (at constant prices), the best in four years. The quarterly number at 7.9% is second best in last eight quarters.