Centre decides to shift GDP base year to 2022-23 from 2011-12, forms panel: Why it matters – Times of India

Centre decides to shift GDP base year to 2022-23 from 2011-12, forms panel: Why it matters – Times of India

NEW DELHI: A panel with representatives from the Reserve Bank of India (RBI), central and state governments, and academia has been formed to update the base year for calculating Gross Domestic Product (GDP) to 2022-23 from 2011-12, the government informed Parliament on Monday. Minister of state for statistics & programme implementation, Rao Inderjit Singh, said…

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India’s first Fast Track Immigration-Trusted Traveller Programme sees over 19,000 enrolments! Programme a replica of US global entry scheme – Times of India

India’s first Fast Track Immigration-Trusted Traveller Programme sees over 19,000 enrolments! Programme a replica of US global entry scheme – Times of India

The programme mirrors the US global entry programme and it has been adapted for Indian requirements. India’s first Fast Track Immigration-Trusted Traveller Programme: Since June this year, more than 19,000 Indian and foreign nationals with Overseas Card of India (OCI) have registered for India’s inaugural Fast Track Immigration-Trusted Traveller Programme (FTI-TTP). Officials confirmed that whilst…

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India eyes indigenous long-range ‘MALE’ drones for armed forces for intelligence gathering & offensive operations – Times of India

India eyes indigenous long-range ‘MALE’ drones for armed forces for intelligence gathering & offensive operations – Times of India

The three service branches have identified a significant need for Medium Altitude Long Endurance (MALE) drones. (Image: NAGASTRA loiter munition) India eyes indigenous long-range drones: The Indian armed forces, having acquired locally developed loitering munitions, are now seeking domestic production of long-range unmanned aerial vehicles for surveillance and combat operations.The three service branches have identified…

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Crisil projects India’s GDP growth slowdown to 6.8% – Times of India

Crisil projects India’s GDP growth slowdown to 6.8% – Times of India

Rating agency Crisil has projected India’s GDP growth to decline from 8.2 percent last year to 6.8 percent in the current fiscal year 2024-2025, pressured by rising interest rates and limited fiscal stimulus.The report mentioned that risks are tilted toward the downside given the lacklustre second-quarter growth numbers.However, many high-frequency indicators from October, such as…

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