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- Core sector growth rises to 12.1% in October November 30, 2023All eight sectors of the index recorded a rise in October, with four of the eight sectors registering double-digit. Electricity production rose to its highest level of 20.3% in October, double the 9.9% growth witnessed in the previous month.
- CEA Nageswaran hints at upward revision of FY24 GDP estimate after big Q2 surprise November 30, 2023After Q2 GDP growth figures exceeded expectations, Chief Economic Advisor V. Anantha Nageswaran suggested that given the present trajectory India might be underestimating rather than overestimating its GDP growth projections. The government has set a GDP growth target of 6.5% for the fiscal year 2024. The economy recorded a growth of 7.6% in the September qu […]
- EPFO outreach to central board of trustees to build consensus on contentious issues November 30, 2023The first round of meetings, held twice with the central provident fund commissioner on November 9 and 14 and with labour minister Bhupender Yadav on Tuesday, saw the tripartite body discussing more than a dozen EPFO staff-related issues as the retirement fund body struggles to resolve administrative, human resources as well as infrastructure challenges, a C […]
- Q2 GDP growth data: Indian economy grows at 7.6% in Sept quarter, beats analysts' expectations November 30, 2023
- India's Q2 GDP growth slows to 7.6%, yet trumps analyst expectations November 30, 2023A median poll of 10 economists by the ET had showed the economy clocking growth figures of 6.7%, 20 basis points more than that of the RBI estimate for the quarter. A Reuters poll of economists estimated India's GDP growth at 6.8% in the July-September period, easing from the previous quarter's 7.8%.
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