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  • Revision of GDP, IIP estimates 'not weakness but strength' of the system, says Statistics Secretary Saurabh Garg

    In case of factory output, the NSO regularly sensitizes source agencies to engage with production units regarding timely submission of data. If the initial response rate by the production units is good, the magnitude of subsequent revisions reduces significantly.

  • Govt plans fewer GDP estimates to avoid confusing markets

    Govt plans fewer GDP estimates to avoid confusing markets

    The move comes after numerous controversies over India’s data with market watchers often describing the numbers as inadequate or even confusing due to sharp and unexpected revisions.

  • Fed's 2023 GDP projections point to imminent recession: Jeremy Siegel

    Fed's 2023 GDP projections point to imminent recession: Jeremy Siegel

    Jeremy Siegel suggests that the US economy is headed for a recession, with negative job growth predicted for the next nine months and an increase in the unemployment rate to 4.6 percent

  • OECD backs demonetisation, projects FY17 GDP growth at 7%

    OECD backs demonetisation, projects FY17 GDP growth at 7%

    The Organisation of Economic Cooperation and Development (OECD) has supported India‘s demonetisation drive, asserting that immediate impact of the move on Indian economy will be transient.

  • FRBM panel studying GDP and tax numbers to submit report soon

    FRBM panel studying GDP and tax numbers to submit report soon

    A government panel, set up to review the working of FRBM Act, is looking into GDP estimates along with revenue numbers and is expected to submit its report soon.

  • Index of Industrial Production - January FY14: CARE Ratings

    Index of Industrial Production - January FY14: CARE Ratings

    Cumulative growth in Apr-Jan FY14 was nil (0 percent) as against positive growth of 1 percent in the corresponding period of the previous year. "To reach of growth rate of - 0.2 percent for the full year as per the GDP estimates, growth has to average 1.1 percent in the next two months", says CARE Ratings.

  • Mkt break down unlikely; no positive cues either: Tulsian

    Mkt break down unlikely; no positive cues either: Tulsian

    In an interview to CNBC-TV18, SP Tulsian of sptulsian.com gives his views on the market's performance. The Nifty today ended trade at 5938 down 20 points.

  • Eco to grow by 8.6% in 2010-11; inflation a concern: CSO

    Eco to grow by 8.6% in 2010-11; inflation a concern: CSO

    Chief Statistician TCA Anant said had the GDP estimates been calculated on the 7.4% (before it was revised to 8% resulting in higher base) one would find out that the growth rate would have been over 9% for 2010-11.

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