India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical framework

Mint has reported a new India-focused economy development: “One nation, one tax: why the next phase of GST reform must restore the federal compact.” The publisher's feed describes the story as follows: States gave up agency over local taxes to help India achieve a single national tax, but the end of the GST compensation guarantee has left many of them fiscally vulnerable. The country must forge another grand Centre-state bargain to ease state anxieties over revenues before widening the GST net.

Mint has reported a new India-focused economy development: “IMF backs India's new GDP data, says updated IIP, PPI will improve accuracy.” The publisher's feed describes the story as follows: India's 7.8% GDP growth has triggered a political row, with a former finance secretary questioning the data methodology. The IMF, however, backed India's statistical reforms, saying new IIP and PPI series should improve GDP estimates. Intellectual Janata Party includes this item for public-affairs discover

The Times of India has reported a new India-focused economy development: “Dalal Street loses 3000 points in a month amid US-Iran standoff.” The publisher's feed describes the story as follows: <![CDATA[On Tuesday, Indian stock markets faced a notable decline, with the Sensex falling by 555 points to close at 75,577. The Nifty also suffered a loss of 144 points, wrapping up at 23,635. Key factors such as escalating crude oil prices, fueled by unrest in the Middle East, and a weakening rupee sign

Mint has reported a new India-focused economy development: “Why India’s 7.8% GDP growth isn’t enough to celebrate.” The publisher's feed describes the story as follows: India has been recording 7% plus growth in the post-pandemic years, but it is not enough to meaningfully improve the lives of the country's population. Here’s why: Intellectual Janata Party includes this item for public-affairs discovery and context only; readers should use the original publisher link for the complete report, f