Speaking with ANI, Pant said India's GDP growth is currently estimated at 7.4% for the ongoing fiscal year and is likely to moderate to around 6.9% in the next fiscal year. He cautioned, however, that these numbers are subject to revision as the base year for national income accounting will
The government is undertaking a revision of the base year for national accounts to better reflect structural changes in the economy, evolving consumption patterns, and the rapid expansion of the digital economy over the past decade, Saurabh Garg, Secretary, Ministry of Statistics and Progr
Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the markets regulator Securities and Exchange Board of India's (SEBI) proposal that observed that the banks be allowed to foray into non-agricultural derivatives.
Finance Minister Nirmala Sitharaman on Wednesday hit back at the Congress leaders who took a jibe at the government over the IMF's annual review of India's national accounts statistics giving the data Grade 'C' and asserted that the IMF report does not question the growth figures. She sai
According to a press release by the Ministry of Coal, this growth, as per the Index of Eight Core Industries (ICI) (Base Year 2011-12), underscores the pivotal role played by the coal industry in propelling the nation's economic progress.
Released by the Ministry of Labour and Employment (MoLE), the CPI for Agricultural Labourers now stands at 1258 points, while the CPI for Rural Labourers stands at 1268 points, both based on the 1986-87=100 base year.
New Delhi [India], November 8 (ANI/NewsVoir): Global construction technology leader Trimble (NASDAQ: TRMB) has announced its commitment to reduce absolute scope 1 and 2 Greenhouse Gas (GHG) emissions 50 percent by 2030, with 2019 as the base year. This is in line with the ambitious goals of
Mumbai (Maharashtra) [India], June 3 (ANI/BusinessWire India): Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, has announced its plans to reduce its absolute greenhouse gas emissions across Scope 1 and Sc
Mumbai (Maharashtra) [India], June 3 (ANI): Tata Consultancy Services (TCS) on Thursday announced plans to reduce its absolute greenhouse gas emissions by 70 per cent by 2025 (over 2016 base year) and achieve net zero emissions by 2030.
New Delhi [India], Dec 27 (ANI): India's manufacturing sector growth as measured by the Index of Industrial Production (IIP) with the base year 2011-12 has been consistently increasing over the past three years, the Lok Sabha was informed on Thursday.
New Delhi [India], August 4 (ANI): The Centre on Friday announced the revision of the base year to calculate the All-India Wholesale Price Index (WPI) from 2004-05 to 2011-12, as part of an exercise to capture structural changes in the economy and to improve the quality, coverage and represe
Kolkata [India], Jan. 7 (ANI): Terming the recent Gross Domestic Product (GDP) figures released by the Central Statistics Office (CSO) as a "jumla", the Congress Party has said the base year, used to calculate GDP, was changed in order to reach 7.1 percent and added that the govern