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Gloomy numbers
Few will be surprised at the headline numbers in the advance estimates of growth in India’s gross domestic product (GDP) in 2011-12 released by the Central Statistics Office (CSO) on Tuesday. GDP growth, according to the CSO, will clock in at just 6.9 per cent this year, down from 8.4 per cent in 2010-11. This is not too far from the recent estimate by the Reserve Bank of India, which was revised

'CRIS' security

Announcing the development of a new Comparative Rating Index for Sovereigns (CRIS) on Tuesday, Chief Economic Adviser Kaushik Basu said the formula behind the rating mechanism would be secret till

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Happy estimates

The Quick Estimates of India's economic growth, released by the Ministry of Statistics and Programme Implementation on Tuesday, have revised the GDP growth figure for 2010-11 downwards slightly, to

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A K Bhattacharya: Prepare for a taxing Budget

Times have changed. The role that the pre-Budget Economic Survey has traditionally played appears to have now been perfected by the Reserve Bank of India or RBI. The Economic Survey, an annual

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Economic Survey 2011-12 to devote a full chapter on climate change

Growing concern about climate change and environment will be a point of focus in the Economic Survey, likely to be presented in the middle of March. With a balance between economic development and

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Economic Survey of India to include chapter on climate change
New Delhi, Jan 14 (IBNS) The forthcoming Economic Survey of India will include a chapter on climate change for the first time ever, said the government on Saturday.

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