Official statisticians say the new series has significantly widened the scope of capturing economic activity and value addition in the financial sector. The earlier series was limited to a few mutual funds (primarily UTI) and estimates for the Non-Government Non-Banking Finance Companies as compiled by RBI.In the new series, the coverage of financial sector has been expanded by including stock brokers, stock exchanges, asset management companies, mutual funds and pension funds, as well as the regulatory bodies, SEBI, PFRDA and IRDA. … [Read more...] about Fresh Row: What is India’s GDP and how is it calculated?
Tax breaks definition
A: There are both similarities as well as divergences in spending patterns, particularly with focus to sectors. For instances, there is a big emphasis on the road and highway development. The annual budgetary allocation for the national highway authority of India has gone up from about Rs 27,000 crore in 2013-14 to about Rs 70,000 crore now. … [Read more...] about Special Podcast | Budget 2019 – Here’s how the UPA and NDA managed finances
In a nutshell, differential privacy involves not reporting exactly accurate numbers—like “5 people in Bigtown City are Hispanic males”—but rather a random number relatively close to the accurate one, like 11. These random errors make it much harder for a data scientist to go back and figure out which Hispanic male in that city might be connected with a specific public record. And the public has some information, though it’s not exactly accurate or complete. … [Read more...] about New privacy protections could make some 2020 census data ‘unacceptably wrong’
There was once a 10-km race organised in a village on the outskirts of a glitzy state capital. The idea was two-fold. One, give the city dwellers an unusual weekend break in idyllic surroundings and crisp air as opposed to lazing around in cosmetic settings in apartment blocks. Two, give them a glimpse of life in the countryside. … [Read more...] about Opinion | ‘How’s life?’ No, GDP doesn’t answer this question
If you’re looking for a gig to help pay the bills, grocery stores and delivery companies need help—and fast. But if you’re looking for something permanent or want to take the next step in your career, you may be able to find a professional role, too, says Michelle Armer, chief people officer at the job site CareerBuilder. … [Read more...] about These are the industries that are hiring for professional roles now