India replaces China as world’s fastest growing economy, GDP growth at 7.2% in Q3

India replaces China as world’s fastest growing economy, GDP growth at 7.2% in Q3 Economy poised to move in a faster lane, recovering from the disorderly effects of demonetisation and GST. The Indian economy grew at 7.2 percent in October-December 2017, and will likely expand 6.6 percent in 2017-18, latest official estimates said on Wednesday, […]

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GDP expands 7.2% in Oct-Dec as dust settles over GST roll-out

GDP expands 7.2% in Oct-Dec as dust settles over GST roll-out Economic growth recovered to a five-quarter high of 7.2 per cent during October-December, backed by strong manufacturing and investment activity as the disruption caused by the goods and services tax (GST) bottomed out. The robust third-quarter performance led to a marginal upward revision in […]

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15th Finance Commission will need to define populism: Chairman NK Singh

15th Finance Commission will need to define populism: Chairman NK Singh The 15th Finance Commission, set up to recommend the devolution of central pool taxes to states as well as a fiscal consolidation roadmap for government finances, will require to define what constitutes a “populist” measure in order to fulfil its terms of reference, Commission […]

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