Neelkanth Mishra of the World Bank defended India's 7.8% GDP growth, asserting that claims questioning its accuracy are incorrect.
Opposition parties and some experts have questioned the government's latest GDP data. Mint examines the allegations and whether there is any merit to the concerns.
In July 2019, Garg took voluntary retirement from service, a day after he was moved to the Power Ministry in a broader reshuffle just three weeks after the presentation of the Union Budget. Garg's scheduled retirement was in October 2020.
Soumya Kanti Ghosh spoke to NDTV on the GDP growth data.
India recorded 7.8% GDP growth in Q1 FY27, but former finance secretary Subhash Chandra Garg questioned whether the figure reflects the exact reality.
Commerce Minister Piyush Goyal defended the 7.8 per cent quarterly GDP growth number.
Prime Minister Narendra Modi termed the 7.8% GDP growth a "herculean feat"
The RBI revised its FY27 GDP growth forecast to 6.7%. PM Modi emphasized India's 7.8% real GDP growth in Q1 FY27, urging for local consumption and to avoid non-essential spending, noting the importance of conserving foreign exchange for continued growth.
‘Why were last year’s GDP figures revised down?’ Congress cites ex-finance secretary Subhash Garg Telegraph India 'Ministers don't manufacture data': Goyal hits out at critics for questioning GDP figures The Times of India 7.8% GDP growth: PM Modi’s message on spending, ‘Swadeshi’ and self-reliance explained The News Minute If GDP is robust, then...
Congress questions methodology behind the latest GDP figures, with Jairam Ramesh alleging that 'statistical gymnastics’ concealed the underlying weakness of the economy
India's resilient economy defies foreign scepticism, with Q1 GDP growth outpacing expectations at 7.8%, driven by strong investment and fiscal improvements. Despite geopolitical tensions and oil price concerns, India's growth fundamentals show promise.
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India's 7.8% real GDP growth in Q1 FY27 reflects resilience despite global uncertainties and West Asia tensions, CEA V Anantha Nageswaran said. Manufacturing, services, exports and consumption remained strong, while fiscal risks have eased.
The stronger performance in Q1 of this year as compared to last year has been driven by the manufacturing sector as well as some broad services categories such as utilities, financial services, real estate, IT, and public administration and defence.
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India’s GDP growth likely to stay strong at 7-7.2% in FY27 despite global risks: Report Moneycontrol.com India’s economy set for 7-7.2% growth in FY27 despite global headwinds: EY The Times of India Why India is expecting GDP surprise after best Q1 for loan growth in over a decade The Indian Express India’s growth to stay at 7% despite global...
Breaking: US core PCE inflation holds steady at 3.3% in July as expected FXStreet Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July CNBC Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights AP News US inflation remains elevated as GDP growth outlook brightens Reuters US inflation holds at...
Monetary Policy Committee (MPC) unanimously decides to maintain the policy repo rate with a focus on sustainable disinflation and economic growth.
