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The critics, the ministry said, should have looked at other data like purchasing managers indices, bank credit growth, increase in capital expenditure and consumption pattern to assess the growth.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) has released All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Comb

Retail inflation in India moderated to 6.83 per cent in August, offering relief to the Reserve Bank of India (RBI) and bond investors. However, experts remain cautious due to factors such as rising crude oil prices, poor monsoon, and risks to food inflation beyond vegetables.

Indias industrial output in July 2023 increased by 5.7%, up from 3.7% in June 2023, according to data from the Ministry of Statistics and Programme Implementation. The mining output for July 2023 rose to 10.7% compared to the previous year, while the manufacturing sector output grew by 4.6%. Electricity output also registered a growth of 8%.

This is the fourth instance of the consumer price index (CPI) was above the upper limit of the 4+/- 2 per cent band of RBI’s medium-term inflation target.

Industrial Output Rise India: Infrastructure/construction goods posted a growth of 11.4 % over 4.8 % expansion in the same period a year ago.

As nonprofits in India continue to lose their FCRA licences, the impact is being felt most by their staff, the people they serve, and society at large. When 70 Indian start-ups laid off 17,000 employees...

While GDP has grown better than expected, this was the driest August ever recorded. That does not augur well, unless the rain gods change their mind. Indias real estate sector is on the rise, but the gender gap in its workforce persists.

Helped by continued growth momentum, especially in the services and construction sectors, India's gross domestic product (GDP) accelerated to 7.8% in the April-June quarter (Q1) of the current financial year 2023–24.