IMF backs India's revised GDP calculation as consistent with good practice

·4 views

The International Monetary Fund has endorsed the updated method India uses to measure its gross domestic product. It praised the Ministry of Statistics and Programme Implementation for improving the GDP metrics. Citing strong economic performance and rising domestic demand, the IMF also raised its growth forecast for India. The fund noted recent currency fluctuations, but an official, Srinivasan, said these do not signal any underlying economic weakness.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Chuck Feeney's $350M Gift Helped Fund Cornell Tech's New York City Campus

In 2011, billionaire Chuck Feeney pledged $350 million to establish Cornell Tech in New York City. The donation played a decisive role in Cornell winning a competition to host the new technology campus. The campus began opening in phases in 2017 and combines academic research with industry partnerships. Feeney practiced what he called living philanthropy, giving away nearly $1 billion over his lifetime to Cornell and to causes worldwide.

0 comments Read more at Times of India

IndiaTimes of India ·

Actor Imran Khan to challenge deportation order in Bombay High Court

Actor Imran Khan is preparing to approach the Bombay High Court against an order directing him to leave India. The order follows his participation in a protest backing the Cockroach Janata Party. BJP leader Kirit Somaiya had lodged a complaint with the Mumbai Police over Khan's actions. Khan holds Overseas Citizen of India status, which brings him under specific rules and regulations.

0 comments Read more at Times of India

IndiaIndian Express ·

India voices deep concern over alleged mass-shooting plot targeting Illinois Hindu temple

The Indian government has expressed deep concern over an alleged plot to carry out a mass shooting at a Hindu temple in Illinois, United States. New Delhi has urged American authorities to take firm action against those responsible and to ensure the safety of the religious community. The statement reflects India's broader push for protection of Hindu places of worship abroad. Details about the alleged plot, including suspects and the stage of investigation, were not fully outlined in the original report.

0 comments Read more at Indian Express

IndiaTimes of India ·

PM Modi inaugurates Rs 3,350 crore projects in Ladakh, including new Leh airport terminal

Prime Minister Narendra Modi has launched five major projects in Ladakh focused on airports and road links. The package includes a new terminal at Kushok Bakula Rimpochee Airport. It also covers the Nimmu-Padum-Darcha Road, which is meant to improve connectivity across the region. The Hanu Hydroelectric Project is intended to expand renewable energy generation. A Conservation Park will also be set up to protect historic artifacts.

0 comments Read more at Times of India