Even if no statistical jugglery is afoot, the "noise" in India's GDP numbers should be eliminated in order to hear the underlying music without distortion, writes T N Ninan

Economic growth, GDP

Business Standard

November was a blockbuster month for the Nifty index, which rose 5.5 per cent, the most since July 2022

Sensex, Nifty, stock market, BSE, NSE

The 15 per cent Y-o-Y growth in November came despite weak external conditions

Shares of Dixon Technologies sprinted 9.5 per cent and hit a fresh 52-week high of Rs 6,034.75 apiece on the BSE

Dixon Technologies

GST collections jumped 15 per cent to nearly Rs 1.68 lakh crore in November, the finance ministry said on Friday.
Goods and Services Tax (GST) mop-up was over Rs 1.45 lakh crore in November 2022.
"The gross GST revenue collected in the month of November 2023 is Rs 1,67,929 crore, out of which CGST is Rs 30,420 crore, SGST is Rs 38,226 crore, IGST is Rs 87,009 crore (including Rs 39,198 crore collected on import of goods) and cess is Rs 12,274 crore (including Rs 1,036 crore collected on import of goods)," the ministry said in a statement.
The November 2023 collections are, however, lower than Rs 1.72 lakh crore mopped up in October -- the second-highest collection ever since the GST rollout.
Revenues for November 2023 are 15 per cent higher than the GST revenues in the same month last year and the highest for any month year-on-year during 2023-24, up to November 2023, the ministry said.

Press Trust of India

The Central Consumer Protection Authority has also sent notices to 20 IAS coaching institutes for misleading ads

coaching classes, IAS coaching, tuitions

A number of special fixed deposit schemes offering up to eight per cent return from leading banks are also set to expire next month.

The earlier deadline of June 30 has been extended till September 30 for those who want to apply for Aadhaar

More and more candidates are registering to learn these skills in hopes of finding better employment opportunities in an increasingly competitive job market

Average salary in IT sector has also increased by 30 per cent from 2014, say company officials

Nehra, who is the head coach of IPL team Gujarat Titans, was approached by the BCCI first, but after he turned down the offer to coach India's T20 side, Dravid was approached last week.

Rahul Dravid

Thus far in the month of November, the stock price of PCBL has rallied 35 per cent, while since April it has been more than doubled or zoomed 133 per cent

stocks, markets, investors, growth, funds, investments, brokers

Adani is now the 19th richest person in the world, with a net worth of $66.7 billion

Gautam Adani, Adani

Axis Mutual Fund on Wednesday launched a manufacturing fund and has set a target of collecting at least Rs 2,500 crore during the offer period.
The Axis Bank subsidiary which competes with 44 other players, is also eyeing around Rs 3 lakh AUM by the end of this fiscal, given the market rally.
The fund house opened the year with an AUM (assets under management) over Rs 2.25 lakh crore.
The open-ended equity scheme represents the manufacturing theme and opens for subscription from December 1 and closes on December 15.
The fund will track Nifty manufacturing index and will be managed by Shreyash Devalkar and Nitin Arora, the company announced here.
If 10 per cent of the investment is redeemed/switched within 12 months from the date of allotment there will be no exit load, while for the remaining investment there will be a 1 per cent charge, B Gop Kumar, managing director & chief executive of the fund house said.
On the overall AUM target for the year, Kumar said the growth has been

mutual funds, MFs

The Central Drugs Standard Control Organisation (CDSCO) and state drug inspectors have been conducting inspections as part of a massive nationwide crackdown on spurious and substandard medicines

pharma, medicine, drugs

Murthy said that over the years, he has transformed from a 'confused leftist' to a 'determined compassionate capitalist'

Narayan Murthy

At a cabinet briefing, Anurag Thakur said that the extension will cost the exchequer Rs 11.8 trillion

Anurag Thakur

He also thanked the people of Rajasthan for extending their support to the BJP

The Indian Navy celebrates Navy Day on December 4 to commemorate "Operation Trident," the Navy's audacious attack on Karachi harbour during the 1971 War

Indian Navy

As of October this year, the total number of HIV/AIDS patients in the state is 5,269, including 1,022 women, 4,246 men, and 1 third gender

Tripura CM Manik Saha

The Aditya Solar wind Particle Experiment payload onboard India's Aditya-L1 satellite has commenced its operations and is performing normally, ISRO said on Saturday.
ISRO's Polar Satellite Launch Vehicle (PSLV-C57) on September 2 had successfully launched the Aditya-L1 spacecraft, from the second launch pad of Satish Dhawan Space Centre, Sriharikota.
Aditya-L1 is the first Indian space-based observatory to study the Sun from a halo orbit around first Sun-earth Lagrangian point (L1), which is located  roughly 1.5 million km from Earth.
In a statement, ISRO said Aditya Solar wind Particle Experiment (ASPEX) comprises two cutting-edge instruments 'the Solar Wind Ion Spectrometer (SWIS) and SupraThermal and Energetic Particle Spectrometer (STEPS). The STEPS instrument was operational on September 10, 2023. The SWIS instrument was activated on November 2, 2023, and has exhibited optimal performance.
"SWIS, utilising two sensor units with a remarkable 360 field of view each, operates in 

Aditya L-1 mission, Aditya L-1 news, Isro's sun mission

The state election department informed that all preparations and arrangements have been made for the counting scheduled to be held on Monday

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People will be freed from Rajasthan's Congress govt and its loot: Thakur

Navy Day 2023: Defence Chiefs lay wreaths at War Memorial at ceremony

10% students suffer from AIDS in Tripura, CM Saha expresses concern

Solar wind particle experiment payload onboard Aditya-L1 starts ops: Isro

13 centres, 4000 personnel assigned: Counting day preparations in Mizoram

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Handle with care: India's latest GDP numbers flatter but don't deceive

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GST mop-up rises 15% to Rs 1.68 trn; two-wheeler sales enter fast lane

Stock of this EMS player hit 52-week high today; stock up 41% in 6 months

GST collections jump 15% to Rs 1.68 trillion in Nov: Finance Ministry

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