Discover and read the best of Twitter Threads about #annualised

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Worst fall in 40yrs,screamed media after 23.9% GDP fall;What no one told you is👇

Repo,lowest in 58yrs
Trade Surplus,1st time in 18yrs
Coal privatised,1st in 47yrs
#BanksConsolidated,1st in 51yrs

My #Oped,on how @narendramodi is going for the jugular👇…
This is a lengthy piece of almost 5000 words,where i demystify #Annualised Vs #Sequential GDP numbers&truth is this---in 1HCY20, India is much better off than most global peers

China is running out of food,US has highest joblessness since 1982 &Australia,worst recession in 30yrs
I also explain why @narendramodi gov switched from GDP@Factor Cost,to GDP@ Market Prices--It was done to effectively capture impact of indirect taxes&subsidies

GDP(MP)=GDP(FC)+Indirect Taxes-Subsidies

Under revised method,it was found, high growth under @INCIndia was a big hoax
Read 4 tweets
#BusinessToday 👇Your graph below is incorrect

You have given #annualised numbers for other countries but you have given #sequential numbers for #USA&Japan Why ?This is misleading

The number for US should be a decline of 32.9%&for #Japan it should be a fall of 27.8%

.@BT_India change this erroneous graph--You have no business using different scales&different time periods for different countries in the same graphical representation;How can you get such a basic fact wrong?Or is this a deliberate attempt to scuttle facts? @aroonpurie

Your updated graph is still wrong! What is happening @aroonpurie ?

Your team can't even depict correct numbers on a graph?

GDP decline for #Japan is 27.8% &not 7.6%,as incorrectly shown by your team

Change the graph-India's Nos are much better off Vs peers

#GDPData #GDPGrowth
Read 3 tweets

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