Page 4 - Himanshi Bhardwaj

Fabian socialism held India back after 1991 reforms: A Greenspan view

In his 2007 memoir, Alan Greenspan praised India's reforms but argued that lingering socialist policies and bureaucracy were holding back its economic potential

India's core sector growth slows to seven-month low of 0.5% in May

Coal output contracted 9.3 per cent in May, marking a 10-month low, while growth in petroleum refinery products slumped to a 42- month low of -8.7 per cent

Hospital births rise, but medical care before death elusive: Report

While 95.4 per cent of births now take place in hospitals, nearly half of all deaths occur without qualified medical attention, highlighting a gap in end-of-life care

Saibal Chattopadhyay named chairperson of National Statistical Commission

Former IIM Calcutta director succeeds Rajeeva Laxman Karandikar as head of the apex body overseeing India's core statistical activities

18 states overshot fiscal deficit ceiling in FY25, shows CAG report

The CAG's review of state finances showed 18 states exceeded the 3 per cent fiscal deficit ceiling in FY25, while combined state liabilities continued to rise over the decade

New series: Wholesale inflation surged to 3-year high of 9.7% in May

The government also released India's first Producer Price Index under the new series, with producer inflation tracking wholesale prices closely

Unemployment rate in May rose to 11-month high of 5.5%, shows PLFS data

The labour force participation rate fell to an 11-month low in May, while the worker population ratio also declined, indicating softer labour market conditions

Wholesale price index's old base retires today: Here's the story it tells

As India shifts to a new WPI base year, the outgoing series reflects a turbulent period marked by deep deflation, record inflation and sharp fuel price swings

Retail inflation rises to 3.93% in May as food, transport costs increase

Retail inflation accelerated to 3.93 per cent in May, nearing the RBI's target, as higher food and transport costs offset the favourable base effect

States see slower FY27 start, capex utilisation at 1.85% in April

States made a slow start to FY27, with capital expenditure utilisation falling below 2 per cent in April despite higher budgeted infrastructure spending

Gradual progress: India's women gain access, not assets, finds NFHS

NFHS data show sharp gains in financial inclusion, digital access and decision-making, but progress in paid work and property ownership remains comparatively slow

GDP estimate discrepancies will disappear after revisions: Mospi secy

Mospi is overhauling India's statistical system with new indices, AI integration and sharper data tools, aiming for higher accuracy, speed and granularity in economic data

West Asia conflict, El Nino conditions may drag FY27 growth to 6.5%

India's GDP growth is expected to slow to 6.5% in FY27 as oil prices, geopolitical tensions and weak monsoon prospects weigh on economic activity

India can return to over 7% growth path in FY28: CEA V Anantha Nageswaran

West Asia crisis may weigh on FY27 outlook, says Nageswaran

Digital adoption raises productivity, aids formalisation: SBI Research

SBI Research says greater ICT adoption among informal enterprises boosts labour productivity, accelerates formalisation and improves access to formal credit

Commerce ministry to launch PPI and a revamped WPI series on June 15

The new PPI framework is being built on supply and use tables, which officials said makes it more consistent with national accounts and reduces double counting

India's industrial output grows 4.9% in April under new base year series

India's industrial output rises 4.9% in April under new IIP series, driven by manufacturing and capital goods growth

New IIP series shows stronger growth in industrial output, shows data

General IIP growth rises to 6.7 per cent in 2023-24 under the 2022-23 base, compared with 5.9 per cent in the old series, and remains higher at 6.4 per cent versus 4 per cent in 2024-25

DPIIT set to unveil new WPI series, launch Producer Price Index

The revised wholesale price index will adopt 2022-23 as the base year, while the Producer Price Index is set to be introduced as a new inflation measure

West Asia conflict fallout: India's GDP growth likely slowed in Q4

India's economic growth likely moderated in the March quarter as supply-chain disruptions and weaker high-frequency indicators tempered momentum, though overall activity remained resilient