INSUBCONTINENT EXCLUSIVE:
India GDP Data 2020-21: The country's GDP grew by 1.6 per cent in the last quarter of fiscal 2021The Indian economy is likely to grow by
8.7 per cent in the current fiscal year 2021-22, projects domestic brokerage firm Motilal Oswal
The firm trimmed its projection of the real gross domestic product (GDP) growth for the current fiscal from 11.1 per cent to 8.7 per cent
However, the economic growth forecast for the next fiscal year 2022-2023 was revised from four per cent to 5.4 per cent
previous financial year 2021, recording its worst-ever performance in over four decades
index or WPI over the consumer price index (CPI), according to Motilal Oswal.The real GDP is a measure of a country's output in terms of
The real GDP takes the nominal GDP and adjusts for inflation or deflation accordingly, by comparing and converting prices to a base year's
It is calculated by dividing the nominal GDP by the deflator
The policy instrument for the Reserve Bank of India (RBI) is the consumer price index, even though the GDP deflator is more closely linked
interest rates for the sixth time in a row, continuing with its accommodative stance to revive the economy
notable trends in the current financial year 2022 are as follows:RBI has announced higher dividends to the government by Rs 40,000 crore.An
additional fertiliser subsidy of Rs 14,008 crore announced by the governmentPradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) valued at Rs
the second wave of the pandemic.
