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India may soon change the way it measures economic growth

The government is considering moving to the chain base method of calculating gross domestic product.

India inc

Dec 12, 2019, 12.34 AM IST



Indices reflect financial performance of India Inc, not GDP: Mukesh Agarwal

Mukesh Agarwal, CEO, NSE Indices, explains what is causing the di...

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  • From Washington through European capitals to Moscow, Beijing and Tokyo, the world is taking a more relaxed view of Pakistan. At the same time, the view about India is taking a beating. Apart from major powers and the developed economies, almost all of India’s neighbours are also willing to carry on business as usual with Pakistan. Why?

    ByteDance Inc is testing a new music app in India and Indonesia as it tries to pull off another global sensation.

    Only 34 lakh of the about 1.34 crore people with disabilities (PwDs) in the employable age have a job in India, according to Equiv.in, a recruitment platform that cited government data for the numbers. That is an unemployment rate of more than 70%.

    The bill will "alleviate sufferings of many who faced persecution for years" PM Modi wrote on Twitter. Modi also expressed gratitude to all members of RS who voted in favour of the bill. Rajya Sabha approved the bill, completing the legislative procedure for giving Indian citizenship to non-Muslim migrants from Pakistan, Afghanistan and Bangladesh.

    The S&P index recorded 23 new 52-week highs and one new low, while the Nasdaq recorded 73 new highs and 42 new lows.

    The carmaker will employ about 10,000 people at the site, which will occupy an area equivalent to 420 soccer fields, the newspaper said, citing initial plans for the factory, which shows a complete production line as well as testing facilities. Construction is set to start next year.

    Mac Pro's price has left users in shock.

    During a delegation-level meeting with Japan's Minister of Economy, Trade and Industry Hiroshi Kajiyama, Singh highlighted the investment made by Japan in the northeastern region, especially in the infrastructure sector. Both India and Japan have developed special bonding under the leadership of Prime Minister Narendra Modi

    The agency, however, has maintained a BBB- rating for India, which is its lowest investment grade rating. Anything below this grade would adversely impact India’s benchmark 10-year bond yields, which are already on a performance slump. Economic affairs secretary had on Dec 3 tweeted that S&P has reaffirmed sovereign rating at BBB- with stable outlook.

    In the hour-long meeting, Commerce and Industry Minister Piyush Goyal conveyed to Japanese Trade and Industry Minister Hiroshi Kajiyama that "market access for India's goods and services with partner countries is very important but despite commitments in CEPA from Japan, market access for India's goods and services remains elusive".

    The Russian case is an opportunity for India to put its house in order. While at one level many saw it coming and were ready for it, activists and analysts have welcomed the move as a stern message to dope cheats. No country has the right to play foul and get away is the sentiment and to think that many worthy athletes had to miss out because dope cheats.

    Being the single largest oil producer, we believe that if you want to play on the oil price and want to have exposure through a company, Saudi Aramco will provide a good lead because it is going to be a very low cost producer. That in turn gives the company enough leverage to carry out any amount of price increase.

    Consumption of refined fuels, a proxy for oil demand in Asia's third largest economy, totalled 18.77 million tonnes in the month, preliminary data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Wednesday.

    The government on Tuesday set out the roadmap to get India to break into the top 50 countries in the World Bank’s Ease of Doing Business rankings with Prime Minister Narendra Modi brainstorming with ministries.

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