Why gold import computation went wrong

The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures......

Govt revises gold import data from April; cuts Nov figures by $5 bn to $9.84 bn

The government has revised gold import data, bringing down numbers for November by $5 billion to $9.84 billion, possibly to rectify double accounting of inbound shipments. IMAGE: Kindly note the......

India's CAD declines sharply to 1% of GDP in Q2

India's current account deficit declined sharply to 1 per cent of the GDP or $8.3 billion in the second quarter of this financial year, mainly due to lower merchandise trade deficit and growth in......

Why I Worry About Savings, Investment

Whether nominal or real, India's investment rate needs to increase by 3 to 4 percentage points of GDP to support 8 per cent real growth, recommends Nikhil Gupta. Illustration: Dominic......

Sanju review: Tears, cheers, bias and a brilliant Ranbir

Under Rajkumar Hirani's light touch and unwavering optimism, the darkness of Sanjay Dutt's life acquires the spirit of a sportsman, grit of a soldier, humour of a rascal and regrets of a son, notes......