Government/economic policy
MoSPI Defends 7.8% GDP Growth, Explains Negative Manufacturing Deflator
This 'Insights' piece delves into the Ministry of Statistics and Programme Implementation's (MoSPI) defence of India's robust 7.8% GDP growth for Q1 FY27. It specifically addresses the unusual scenario of a negative manufacturing deflator, explaining how input prices outpaced output prices. MoSPI clarifies that this divergence impacts the nominal and real Gross Value Added (GVA) for the manufacturing sector. The article touches upon the nuances of GDP methodology, including the revised base year of 2022-23 and improved data collection, which contribute to these GDP revisions. Understanding these factors is crucial for interpreting the latest economic indicators and the overall health of the Indian economy and its diverse markets. We explore the potential reasons behind this statistical observation, offering clarity on the Indian GDP figures.
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India’s 7.8% GDP Growth: Whats' Powering the Economy Engine?
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Closing Auction Session Cuts Derivatives Volume, Raising Liquidity concern
- August derivatives turnover hit multi-month lows on NSE and BSE after CAS changed trading
- NSE's August derivatives turnover fell to ₹34.48 lakh crore, lowest since November 2023
- Traders are closing positions earlier, reducing arbitrage and hedging activity near close