Business Indian Subcontinent Industries Market Voice

National Statistical Commission members quit over disagreement with Modi government

In November last year, the NITI Aayog had come under fire for announcing the revised GDP data of the UPA years.    Now two independent members of the National Statistical Commission, P C Mohanan and J V Meenakshi, have resigned over disagreement with the government on certain issues, an official said Tuesday.   Mohanan was Read More…

America Business China Industries Market

Unprecedented GDP growth in China hits 28 year low

  China’s economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years.   Signs of further cooling in China which has generated nearly a third of global growth Read More…

Business Companies Industries Market

GDP growth in Q2 falls to 7.1%

India’s annual economic growth fell down to 7.1% in the July-September quarter of FY 2018-19 against 8.2% in the April-June quarter, according to government data released on Friday.   The GDP growth rate in the April-June quarter of 2018-19 was at 8.2% on strong performance of manufacturing and agriculture sectors.   “GDP at Constant (2011-12) Read More…