In a Facebook post, he said those who predicted a 2 per cent decline in GDP growth have been proved wrong. Arun Jaitley pointed out that the economy rewards structural reforms, fiscal prudence, and macro-economic stability. In an article titled ‘The Economy and the Markets Reward Structural Reforms and Fiscal ... Read More »
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Tag Archives: prediction
IMD launches new ensemble prediction systems to improve weather forecast
These new systems, according to IMD, shall improve upon deterministic forecasts that are prone to high margins of error. The EPS involves generation of multiple forecasts using slightly varying initial conditions. The 450-crore acquisition of eight petaflops high-power computing systems will help in generating newer forecasts which have a higher ... Read More »