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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.

budget 2014

Dec 12, 2019, 06.15 AM IST

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BUDGET 2014

Employability of graduates jumps to nearly 50% in 2019 from 33% in 2014: Survey

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CGST collection during Apr-Nov stood at Rs 3.28 lakh crore against budge...

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  • The US sanctions imposed last year in a bitter dispute centred on Iran’s nuclear programme include an embargo on the oil sector whose sales Washington aims to reduce to zero in a campaign of “maximum pressure”.

    After unilaterally withdrawing from a 2015 nuclear deal between Iran and world powers in May last year, the US began imposing sanctions on Tehran, including on oil exports, which it aims to squeeze to zero in a campaign of "maximum pressure". Iran has suffered a sharp economic downturn, with a plummeting currency sending inflation skyrocketing.

    It is holiday time of the year again and many would be gearing up for getaways. Among the very new-age types of travelling, backpacking has become a hit. For your 2020 travel goals, follow these backpacking trails across India even as you save money.

    The budget for 2020-21 to be presented on February 1 is keenly awaited for the expected second wave of structural reforms for pulling out the economy from its over six-year low growth. In addition to expenditure secretary, the position of joint secretary, one of the key officials in the entire Budget-making process, is also vacant for almost three months.

    ​ In response to a question in the Lok Sabha, Irani presented the data according to which Madhya Pradesh was followed by West Bengal with 47,744 such children and Gujarat (43,658). The details of missing children were reported on web portals TrackChild and 'Khoya-Paya' which are used to track them.

    Going by the candidates' declaration of their age, it implies they have grown older by 1 to 13 years between the 2014 and 2019 polls.

    "A contract for manufacture of frigates under Project P 17A was signed in February 2015 with Mazagon Dockyards Limited (MDL), Mumbai valued worth Rs 45,000 crore while two frigates under Project P1135.6 are slated to be manufactured by Goa Shipyard Limited (GSL) under a contract signed in October 2018 worth Rs 14,100 crore," said Defence Ministry.

    “The forthcoming union budget will also provide better insight into further measures to be undertaken by the government and its impact on growth. Against this backdrop, the MPC judged that there is monetary policy space for further action, but it felt it appropriate to take a pause at this juncture.”

    New Delhi, Dec 03 (ANI): Indian Navy Chief Admiral Karambir Singh admitted that their defence budget has declined in recent years. “Navy's s...

    Das, while speaking at the postpolicy press conference on Thursday, said at a critical juncture where growth was slacking, it was of paramount importance that monetary policy and fiscal policy work in coordination to achieve the best results in the national endeavour to revive growth. The career bureaucrat entered the RBI headquarters last December.

    When the Goods and Services Tax (GST) was introduced on July 1, 2017 amalgamating 17 central and state levies, five commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of its purview given the revenue dependence of state governments on this sector.

    Shaktikanta Das said RBI is seeing some green shoots of growth revival in the economy.

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