Retail inflation zooms to over 6% in May prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
GDP estimates: Experts say economy to perform better than earlier projections
The first Advance Estimates (AE) by the National Statistics Office (NSO) has projected a contraction of 7.7 percent in the real GDP during 2020-21.
0 claps
Share on
India s GDP estimates for 2020-21 show that the economy is expected to perform much better than earlier projections by different agencies, indicating a sustained
V-shape post-lockdown recovery, experts said.
The first Advance Estimates (AE) by the
National Statistics Office (NSO) has projected a contraction of 7.7 percent in the real GDP during 2020-21. This was better than the projections by certain international agencies like the IMF and World Bank.
India s Apr-Nov fiscal deficit at over 135% of budgeted target
By IANS |
Published on
Thu, Dec 31 2020 21:42 IST |
0 Views
Share. . Image Source: IANS News
New Delhi, Dec 31 : India s budgetary fiscal deficit for the April-November 2020-21 period stood at Rs 10.75 lakh crore, or 135.1 per cent of the budget estimates (BE).
The 2020-21 deficit the difference between revenue and expenditure had been pegged at Rs 7.96 lakh crore, as compared to the revised deficit of Rs 7.66 lakh crore for the last fiscal.
As per the Controller General of Accounts (CGA) data released on Thursday, the fiscal deficit during the corresponding months of the previous fiscal was 114.8 per cent of that year s target.
COVID-19 crisis: Retail inflation may stay elevated in short-term, say experts
Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors
PTI | December 18, 2020 | Updated 15:14 IST
After unseasonal rains, supply disruptions and pandemic-induced woes pushed retail inflation well over the Reserve Bank s comfort zone in 2020, the scenario is likely to stay that way at least in the short term as economic recovery slowly gains foothold. For most part of this year, pricier food items pushed the retail inflation, based on Consumer Price Index (CPI), higher in the range of 6.58-7.61 per cent, except for March when the reading was 5.91 per cent.
NEW DELHI, Dec 18: After unseasonal rains, supply disruptions and pandemic-induced woes pushed retail inflation well over the Reserve Bank’s comfort zone in 2020, the scenario is likely to stay that way at least in the short term as economic recovery slowly gains foothold.
For most part of this year, pricier food items pushed the retail inflation, based on Consumer Price Index (CPI), higher in the range of 6.58-7.61 per cent, except for March when the reading was 5.91 per cent.
Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors.