Economy

Economy

wholesale

India’s wholesale price inflation at 6.55% in February

India's annual rate of inflation based on wholesale prices rose to 6.55 per cent in February 2017 from 5.25 per cent in the previous month, official data showed on Tuesday. According to the Wholesale Price...
steel production

Steel exports surge 150% in Feb, overtake imports

Overtaking imports, India's steel exports jumped by 150 per cent in February over year-ago month and the country shipped out 6.622 million tonnes (mt) of steel in April-February period of the current fiscal, up...
India's factory output up, retail inflation slows

India’s factory output rises 2.7% post demonetisation

India's factory output post-demonetisation rose by 2.7 per cent in January, official data showed on Friday. The factory output, as per the Index of Industrial Production (IIP), had inched lower by (-)0.10 per cent during...
GOLD

India’s gold demand may touch 650-750 tonnes in 2017: WGC

India's gold market, facing short-term headwinds following the demonetisation and introduction of excise duty, will recover on the back of gold demand, which is expected to be around 650-750 tonnes in 2017, a World...
brexit

Brexit, Trump administration threaten Irish economy: Moody’s

Although Ireland's growth prospects remain strong, the country faces risks from the impact of the Britain's withdrawal from the EU and the prospect of corporate tax reforms in the US, ratings agency Moody's has...
1000 Re note

GDP data minus note ban impact on informal sector lacks credibility

The latest official data showing Indian Gross Domestic Product (GDP) growth at 7 per cent for the third quarter was only marginally impacted by the November 8 demonetisation measure has served to re-ignite...
1000 Re note

Note ban pulls down Q3 GDP growth in India to 7%

Reflecting a marginal impact of the November 8 demonetisation measure, India's GDP for the third quarter ended December, estimated at Rs 30.28 lakh crore, recorded a growth of 7 per cent, compared with 7.3...
core industries

India’s core infra industries’ output grows by 3.4% in January

The output of India's eight infrastructure industries last month increased by 3.4 per cent from a growth of 5.6 per cent reported in December 2016, official data showed on Tuesday. The Eight Core Industries (ECI)...

‘US could avert most financial regulation to boost economy’

The US could avert a significant amount of financial regulation to expand the real economic activity, said a former American Federal Reserve chairman. Economic vigour depends on free capital investment and willingness of corporations...

India’s January exports at over $20 bn grow 4% year-on-year

Continuing with the revival in exports for the fifth month in a row, Indian merchandise shipments overseas at $20.20 billion in January 2017 registered an uptick of 4.32 per cent over the $21.20 billion...

LATEST POSTS