GDP | Corporate Law Reporter

Developments in India™s Balance of Payments during the First Quarter (April-June) of 2013-14

Preliminary data on India™s balance of payments (BoP) for the first quarter (Q1), i.e., April-June 2013, of the financial year 2013-14, are now available and presented in Statements I and II. While Statement I presents BoP data in BPM6 format, Statement II provides the same as per the old format. Developments in India™s BoP during April-June 2013 India™s current account… Read More

Tags: Balance of payments, Current account, Federal Reserve System, Federated Investors, FII, GDP, Gross domestic product, India

RBI Monthly Bulletin, September 2013

The Reserve Bank of India today released the September 2013 issue of its monthly Bulletin. The Bulletin includes four special articles: (1) Corporate Investment: Growth in 2012-13 and Prospects for 2013-14; (2) Developments in India™s Balance of Payments during Fourth Quarter (January-March) of 2012-13; (3) India™s External Debt as at end-March 2013; and (4) Consumer Confidence Survey… Read More

Tags: External debt, GDP, India, March 2012, March 2013, Non-resident Indian and person of Indian origin, Reserve Bank of India, United States dollar

RBI Study on Impact of Real Interest Rate on Growth and Investment

While lower real interest rates can stimulate growth and investment, central bank cannot adopt a policy of higher inflation tolerance as the means to lower real rates because beyond a threshold the negative impact of inflation on growth outweighs its positive impact through lower real interest rate. This was the conclusion of a study undertaken by… Read More

Tags: Central bank, Economic growth, Federal Reserve System, GDP, India, Investment, Real interest rate, Reserve Bank of India

Potential of Indian Mineral Sector

Government has prepared a strategic plan document Unlocking the potential of the Indian Mineral Sector. The Strategy Paper has identified that the mining sector has the potential to contribute around Rs. 945 to Rs. 1,125 thousand crore to the GDP and create 13 to 15 million jobs through direct and indirect contribution by 2025. In… Read More

Tags: Business, GDP, Gross domestic product, Jharkhand, Mineral, Mining, Minister of Mines, Rajya Sabha

India™s International Investment Position (IIP), March 2013

International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an… Read More

Tags: foreign direct investment, GDP, Gross domestic product, India, International Monetary Fund, March 2013, Net international investment position, Special Data Dissemination Standard

RBI releases its Monthly Bulletin for June 2013

The Reserve Bank of India today released the June 2013 issue of its monthly Bulletin. The Bulletin includes five special articles: (i) Union Budget 2013-14: An Assessment; (ii) Developments in India's Balance of Payments during Third Quarter (October-December) of 2012-13; (iii) Inflation Expectations Survey of Households: 2012-13; (iv) Finances of Non-Government Non-Financial Public Limited Companies: 2011-12 and… Read More

Tags: Balance of payments, Current account, finance, Foreign Exchange Reserves, GDP, Gross domestic product, India, Reserve Bank of India

Provisional Accounts of the Union Government for the Year 2012-2013 Released

Fiscal Deficit is 4.9 Percent, Revenue Deficit 3.6 Percent and Effective Revenue Deficit 2.5 Percent of GDP during the Period Office of the Controller General of Accounts (CGA) has compiled the accounts of the Union Government for the year 2012-2013 and brought out its results on provisional basis. The fiscal indicators for the year 2012-13 as percentage… Read More

Tags: CGA, Color Graphics Adapter, GDP, Government budget deficit, Gross domestic product, India, New Delhi, P. Chidambaram

Provisional Estimates of Annual National Income, 2012-13

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, has released the provisional estimates of national income for the financial year 2012-13 and the quarterly estimates of Gross Domestic Product (GDP) for the fourth quarter (January-March) of 2012-13, both at constant (2004-05) and current prices. 2. The CSO has also released the corresponding annual… Read More

Tags: April-March, Central Statistics Office, February 2013, Fiscal year, GDP, Gross domestic product, Gross National Income, Measures of national income and output

Public Debt Management Quarterly Report – Jan to Mar 2013

Since April-June (Q1) 2010-11, Middle Office (MO) is bringing out a Quarterly Report on Debt Management. The current report pertains to the quarter January-March 2013 (Q4 of 2012-13). For Fiscal Year 2012-13 (FY13), Gross and Net Market Borrowings were higher than previous year by 9.4 per cent and 7.1 per cent respectively. Auctions during Q4 of… Read More

Tags: Economic growth, Fiscal year, GDP, Gross domestic product, Middle Office, Mortgage-backed security, Percentage, Security (finance)

FM Speak | India – next wave of Inclusive growth

Following is the Speech of the Union Finance Minister Shri P. Chidambaram at India Day: India - Next Wave of Inclusive Growth today at ADB Meeting at IEML, Greater Noida today: President, ADB, President, FICCI, delegates to the ADB Annual meeting and friends, I am happy to be here today, when there is renewed optimism in India™s… Read More

Tags: ADB, Economic growth, Economy of India, FICCI, GDP, Gross domestic product, India, P. Chidambaram

Monetary Policy Statement for 2013-14 Statement by Dr. D. Subbarao, Governor, Reserve Bank of India

"First of all, on behalf of the Reserve Bank, a hearty welcome to you all to this dissemination of the Monetary Policy Statement for 2013-14, which we put out a short while ago. 2. Based on an assessment of the current and prospective macroeconomic situation, we have decided to reduce the policy repo rate under… Read More

Tags: Bank Rate, Central Statistics Office, Economic growth, GDP, Inflation, Monetary policy, Repurchase agreement, Wholesale price index

Year-on-Year Foreign Investment Requirement as a % of GDP

Increase in Capital Investment Various factors including the rates of savings and investment, productivity of resources, adoption of technology, availability of human capital and infrastructure, cost of finance, foreign trade and demand for the domestic product, capital flows, governance, nature of economic and regulatory institutions etc, influence the growth rate of an economy. Reducing impediments… Read More

Tags: Cabinet Committee, Economic growth, Economy of India, foreign direct investment, GDP, Government, Gross domestic product, Reserve Bank of India

Highlights of the PM Economic Advisory Council Review of the Economy 2012-13

Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister released the document ˜Review of the Economy 2012-13™ at a Press Conference in New Delhi today. Following are the highlights of the document: Ã˜ Economy to grow at 6.4% in 2013-14 The Advance Estimates of CSO have pegged the growth of Agriculture at 1.8% in 2012-13. In expectation of… Read More

Tags: Current account, Economic Advisory Council, foreign direct investment, GDP, Gross domestic product, Incremental Capital Output Ratio, India, New Delhi