Outliers removed to get meaningful FY21 GDP estimate, says NSO head

Tuesday, Jan 12, 2021 By Pragya Srivastava NEW DELHI – The National Statistical Office excluded “a good number” of data while calculating the first advance estimate of GDP for 2020-21 (Apr-Mar), says Statistics Secretary Kshatrapati Shivaji. Shivaji told Cogencis that the pandemic had imposed several restrictions, which were severely affecting the data in terms of volatility and fluctuations. “I […]

Hind Zinc to set up 50-bln-rupee smelter unit in Gujarat, say sources

Tuesday, Jan 12, 2021 By Sunil Raghu  AHMEDABAD – Hindustan Zinc Ltd will invest 50 bln rupees to set up a 350 kilo tn per annum greenfield zinc smelter plant in south Gujarat, sources said. “The capacity is slightly higher than the earlier planned capacity of 300 kilo tn per annum,” the sources said. The new facility will […]

Govt’s Jan 1 grain stocks down 6% on year, but surpass buffer norm

Tuesday, Jan 12, 2021 –Sources: Govt Jan 1 food grain stock 53.0 mln tn versus 21.4 mln buffer norm–Govt Jan 1 rice stock 18.7 mln tn versus 7.6 mln buffer norm–Govt Jan 1 wheat stock 34.3 mln tn versus 13.8 mln buffer norm By Sampad Nandy NEW DELHI – Government agencies had 53.0 mln tn food grain stocks at […]

Source link