Adverse factors have played out, economy back on rails: Chief Statistician TCA Anant

Adverse factors have played out, economy back on rails: Chief Statistician TCA Anant

The factors responsible for a five-quarter slump in the growth rate, including the adverse effects of demonetisation and GST implementation, have played out and the Indian economy is now poised to take an upward trajectory in the coming quarters, says the government’s Chief Statistician. He also feels that concerns over slow agricultural growth and inflation […]

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US jobless claims decline for third straight week as labor market tightens

US jobless claims decline for third straight week as labor market tightens

The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting a rapid tightening of the labor market that bolsters expectations the Federal Reserve will raise interest rates next week. While another report on Thursday showed layoffs announced by U.S.-based employers rising to a seven-month high in November, the overall trend in job […]

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