China has lowered its final 2017 GDP growth from 6.9%, announced initially, to 6.8%, the National Bureau of Statistics of China said on Friday.   China calculates its GDP in two phases: first, preliminary estimations are done, which gave rise to the figure of 6.9% revealed in January...

Inflation has eased in the economy both at the retail and wholesale level in the month of December 2018. The retail inflation for the month eased to an 18-month low to 2.2%, lower than CARE Ratings’ expectation of 2.9%. It was lower than 2.3% in the previous month and 5.2% in December...

The Comptroller and Auditor General of India (CAG) has pulled the union government for increasingly resorting to off-budget financing for revenues as well as capital spending. To address these issues, the government should consider "putting in place" a policy framework for off-budget...

Lower food and fuel prices eased India's annual rate of inflation based on wholesale prices to 4.64% in November from 5.28% in October, official data showed here on Friday.   However, on a year-on-year (YoY) basis, the Wholesale Price Index (WPI) data furnished by the Ministry of...

After registering a growth of 8.2% in first quarter (Q1) of FY2019, gross domestic product (GDP) growth in Q2 decelerated sharply to 7.1%. The gross value added (GVA) growth stood at 6.9% in Q2 compared to 8.0% in Q1. There are several concerns with the latest GDP print, like the slowdown in...