There are other metrics too, such as e-way bills, mobility measures and power generation, all of which are used to support the national accounts figures, not replace them
Goyal said monetary-fiscal coordination has worked well and stimulus has been adequate but not excessive
Here is the best of Business Standard's opinion pieces for Friday
Savings in some departments may come to govt's aid
Latest live news: Health ministry says 27 districts need to be 'monitored very closely' for coronavirus positivity rates.
For the current financial year too, the brokerage anticipates growth to be higher than the consensus forecast of 8.4-9.5 per cent
The next policy in February will be come post the Budget announcement. It will be crucial as the state of the economy will be clear as will the action taken by the government to counter Omicron impact
The key message from the December meeting is that monetary policy remains fully geared towards growth
The current account balance is widely expected to turn into a deficit at around one per cent of GDP during 2021-22
Several WHO advisory groups have met over the last couple of days to evaluate the emerging evidence, says Tedros Adhanom
India's GDP grew by 8.4% in the second quarter of this financial year, a major rebound from an economic contraction last year. Let's look at what the growth numbers mean for India's economic recovery
What do Q2 GDP numbers say about economic recovery? Will Twitter come of age with Parag Agarwal? Is IT sector set to dazzle the markets? What are primary and secondary markets? Find all answers here
India will achieve its fiscal deficit target of 6.8% of gross domestic output in FY22, says K V Subramanian
While India's economy still has to recover compared to the pre-Covid economic activities at a reasonable rate, the story around the world is no different
The structure of each country's GDP was different, with different components driving up growth, even before the pandemic
In 2020-21, pulses production went down by 6.65 per cent between the first and fourth advance estimates
With economic activities returning back to normalcy post the second wave of pandemic, this is the fourth consecutive quarter of positive growth after a two-quarter contraction witnessed last year
While rising vaccine coverage and fuel tax cuts will boost confidence and re-invigorate demand, the spectre of higher prices may contain the consumption recovery in H2FY22
While the non-services segments are expected to accelerate in Q3 and Q4, the omicron effect can play a role in guiding growth of services
The Reserve Bank of India has pegged growth for the same period at 7.9%