Market Prices

The dollar index touched its lowest since mid-August, making bullion less expensive for overseas buyers.

Excl: India Chief Statistician explains Q1 GDP numbers

Even as the country's first quarter gross domestic product (GDP) was seen slowing from 7.5 percent to 7 percent, the number had a few economists befuddled.

Keen to provide employment nos to aid monetary policy: CSO

In an interview to CNBC-TV18, TCA Anant, chief statistician, CSO says the new method of calculating the GDP captures the underlying value added to goods and services better than the older series.

Why govt is wary of focusing too much on new GDP nos

The new methodology that the Central Statistics Organisation has put out to calculate the country‘s gross domestic product (GDP), in which growth is being as distinctly higher than was previous calculated, has led to doubts even within the Finance Ministry over how much they can be relied upon.

New method: GDP grew 7.5% in Q3; full year seen at 7.4%

After moving to a new method of calculating the country‘s gross domestic product (GDP), the government today said it expects economic output to grow at 7.4 percent this fiscal year (2014-15), compared to 6.9 percent in the previous year.

GDP forecast based on market price, not factor cost: IMF

To be comparable across countries, the IMF world economic outlook projections are done at market prices, which differs somewhat from the factor cost definition used by the government and most analysts.

Oil Secy hopes cabinet decision on Cairn-Vedanta deal soon

India's oil secretary on Monday said he hopes cabinet will soon take a decision on a multi-billion dollar Cairn Energy deal to sell majority of its stake in Cairn India to Vedanta Resources.