Economic data to be available from January beginning 2019

One of the biggest challenge for researchers is to collate data from different sources, especially if any time series analysis is intended. Our endeavour is to promote and facilitate research, for students, institution researchers, teachers, corporate and others, through providing collated time series data on India’s macro economic scenario from different data government data sources. All current data is provided for free to anyone who wants to download the data and work. The time series data that can save significant time on part of a researcher, is priced at a low price to cover the cost of that data collation. The following data will be available in our website from January beginning 2019.

Macro Economic Variables Years
Bank Rate ( Monthly) 2012 -2018
Cash Reserve Ratio ( Monthly) 2012 -2018
Cash-Deposit Ratio ( Monthly) 2012 -2018
Consumer Price Index ( Commodity Wise) 2011 -2018
Consumer Price Index (Annual) 2012 -2018
Consumer price index – Industrial worker wise 2012 -2018
Consumer Price Index – Industrial Worker- city wise 1998 -2012
Bank Credit ( Monthly) 2005 -2018
Credit-Deposit Ratio ( Monthly) 2012 -2018
Bank Deposits ( Monthly) 2005 -2018
Exports (Monthly) 2005 -2018
Foreign Exchange 2012 -2018
Foreign Trade (Monthly ) 1998 -2018
Gross Domestic Product annual ( Current and constant) 1961 -2018
Gross Domestic Product – Growth Rate 1961 -2017
Gross Domestic Product by sector and state    1990 – 2018
Gross Value Added and it’s components (Quarterly) 2011 -2018
Gross Value Added Sector wise ( Current and Constant)  2011 – 2018
Gross Value AddedState wise 1990 – 2015
Imports ( Monthly) 2005 -2018
Incremental Credit-Deposit Ratio ( Monthly) 2012 -2018
Incremental Investment-Deposit Ratio ( Monthly) 2012 -2018
Index of Industrial Production ( Sector Wise) 2005 -2018
Index of Industrial Production (Annual) 2005 -2018
Investment in Govt. Securities ( Monthly) 2005 -2018
Investment-Deposit Ratio ( Monthly) 2012 -2018
MCLR ( Monthly) 2012 -2018
Private final consumption annual ( current and constant) 1961 -2018
Private final consumption Expenditure ( product wise) 1999 – 2017
Whole sale price Index ( monthly- commodity wise) 1994 – 2018
Wholesale Price Index ( Annual) 2012 -2018


Sustainable Tourism

Sustainable tourism studies are part of our core research strengths. considering tourism industry contributing to more than 8% of total carbon emissions in the world, we consider this area of research can play key role in promoting sustainable business and sustainable development. Our tourism studies include forecasting, carbon emission estimation by tourism activities and likely solution towards that, tourists behaviour by segments, destination analysis and such areas of interests to business and policy makers.

Current studies in progress:

  1. Forecasting Foreign Tourist Arrivals to India from Top 20 Country of Origins till 2019 to 2024 – To be completed by March 2019 
  2. Forecasting Domestic Tourism in India by State 2019 to 2014 – To be completed by February end 2019
  3. Key Characteristics of Outbound Tourists from India – To be completed by January end 2019
  4. Tourism and Awareness about Environmental Degradation – A Case Study of Indian Domestic Tourists – To be completed by April 2019

Consumer Economics and Business Research

Consumer economics and business research solutions related studies are part of our core research areas. we study consumers with the help of primary survey and secondary data as well as our proprietary consumer demographic data at extreme granular level. Our studies on consumption behaviour analyses and the likely changes in future helps our extremely helpful to our clients for stress-free decision-making covering marketing, salesforce development, distribution network, supply chain building and related ones. Our solutions range from robust forecasting for various sectors to predict revenues for retailers at point locations to identifying locations for promoting premium products. We cover all sectors including FMCG, Automobile, Durables, Real estate, modern and traditional retail and other sectors of the economy. We cover entire geography of India, including all urban and rural space. Our capabilities of conducting large scale surveys across entire India and advanced analytics along with remote sensing and GIS skills help us addressing problems which many would dare to think of as solutions.

Current Studies in Progress:

  • A Study on Experimental Economics on Financial Product Market in India  – To be completed by April 2019 

This experimental study aims at understanding decision making behaviour of Indian consumer regarding financial product purchase. the study will cover 3000 plus households in Delhi for a certain income group to understand how do people make their decision for financial product purchase. The study is sponsored by Warwick university, NIPFP and IIM Ahmedabad.

  • Determinants and Their Relative Importance for Choosing Fast Food Joints – To be completed by Mid January 2019

Economic Research


Ascension Centre for Research and Analytics (ACRA) tracks macroeconomic changes closely. We study India’s evolving econo-political relationships with other countries and analyse the policy and business implications of such changes. Our analyses include industry, agriculture, infrastructure, trade, poverty and other related economic changes and their implications. Our special strength is economic analysis over geographic space involving advanced econometric and statistical technique. Our analyses also involve macro modelling involving Input-Output analysis, Social Accounting Matrix (SAM) and other relevant techniques especially for economic impact analysis.

Current Studies in Progress:

  1. Assessment of Skill Gaps in India: A White Paper (Sponsor – IAMAI) To be completed by March end, 2019
  2. Understanding Consumer Behaviour towards Purchasing Insurance Products: An Experimental Economics Study (Sponsor – IIM Ahmedabad/ Warwick University) To be completed by Mid May 2019
  3. Inclusive Growth in India: Realistic Insights Through Deep Diving – To be completed Mid March 2019
  4. Economic Impact of Road Development on Indian Economy – To be completed Mid April 2019