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The Ministry of Statistics and Programme Implementation is expected to release four estimates of GDP data from next year, with the aim of boosting the quality of economic data. This is most likely to eliminate the markets confusion.
In India, labor unions have a history dating to the British colonial era in the late 19th century. The All India Trade Union Congress, AITUC, which grew to be the country's union was established in 1920. The IRC introduces concepts of negotiating union as part of a federal law.
At 7.2% growth, the GDP data surpassed everyone since most estimates, including RBI’s, were closer to 7%. But the most inconvenient part of the GDP data is the weakness in the growth rate of Private Final Consumption Expenditure.
The story of infrastructure development in India, from Sher Shah Suri to the present day, is a testament to the dynamic and evolving nature of infrastructure
Latest government data estimates April 2023 CPI inflation at 4.7%—an 18-month low—due to a base effect. March inflation figure was revised lower to 5.6%, bringing the retail inflation within RBI’s comfort zone of 4%(+/-2%) for two consecutive months. , Economy News, Times Now