Policies are Meant for Growth not for Impairment
Economic Survey, 2023-24 – An Overview On 23rd July, 2024, ahead of the Union Budget 2024-25, the economic survey was tabled in Parliament. The Finance minister stated, “India is on a strong wicket and stable footing, demonstrating resilience in the face of geopolitical challenges”. In this article, we are going to see what the economic …
What is GDP, how is it measured and why does it matter? Many of us hear the term GDP more often in news and other analysis. GDP is an important tool to measure how an economy is doing. However, how many of us understand what GDP is, How is it measured, and why it is …
RBI Keeps Repo rate unchanged On 7th April, 2024 the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), has announced its Monetary Policy Statement. MPC has kept its interest rate unchanged. Let us see the MPC statement in detail now Monetary Policy Statement, June, 2024 MPC has kept the policy interest rate …
Provisional Annual and Quarterly Estimates of GDP for Q4 Of 2023-24 – An Overview On 31st May 2024, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) released its Press Note on the Provisional Estimates (PE) of Annual Gross Domestic Product (GDP) for the Financial Year (FY) 2023-24 and Quarterly Estimates of …
MPC Kept Interest Rate Unchanged and Real GDP growth projected at 7% for FY25 On 5th April, 2024, Monetary Policy Committee (MPC) has kept its interest rate unchanged. The MPC of the Reserve Bank of India (RBI), has announced its Monetary Policy Statement. Let us see the MPC statement in detail now Monetary Policy Statement, April, …
Bank of Japan Raises Its Interest Rate in 17 Years The Bank of Japan (BoJ) raises its interest rate in 17 Years. On 19th March 2024, the Bank of Japan (BoJ) raised its interest rate for the first time in 17 Years. By making this significant shift in its monetary policy it ended its era …
Japan Avoids Recession – GDP Figures Revised for Q4 of 2023 Japan Avoids Recession in the Fourth Quarter (Q4) of 2023. As the Government revised the GDP figures on Monday (i.e. 11.03.2024), Japan economy avoided technical recession in Q4 of 2023. The revised data showed the upwards change in the fourth quarter. Despite ascertaining the …
South Africa Averts Recession South Africa Averts Recession. South Africa’s economy, after a decline in the GDP growth rate in the third quarter (Q3) of 2023, has averted a technical recession in the fourth quarter. Thanks to fewer rotational power cuts, which helped energy-intensive industries (including mining) rebound. In this article we are going to …
Second Advance Estimates and Quarterly Estimates of National Income 2023-24 – An Overview On 29th February 2024, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) released its Press Note on the Second Advance Estimates (SAE) of National Income, 2023-24; Quarterly Estimates of Gross Domestic Product (GDP) for October-December quarter (Q3) of …
Japan Slip into the Recession – Can Japan Recover in 2024? Many may be aware that Japan Slip into recession. In this article, we are going to find out how did Japan Slip into recession and can Japan recover from it in 2024. On 15th Feb 2024, government data released showed that Japan has not …
