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Economy
GDP growth to exceed 7.5% this fiscal: Govt
The Indian economy expanded by 7 per cent in the first quarter (April-June) of current fiscal. In last fiscal, the GDP growth was 7.3 per cent.
Latest News
Manufacturing emerging as leader of industrial growth: FinMin
With July factory output data showing significant uptick year-on-year, the Finance Ministry Friday said the manufacturing sector is slowly emerging as a leader of the industrial growth and the economy is improving steadily.
Govt keeping close watch on dumping: Sitharaman
The government is keeping a close watch on dumping in view of recent devaluation of Chinese currency, Commerce Minister Nirmala Sitharaman said Friday.
IIP growth improves to 4.2% in July on strong manufacturing output
Driven by good performance of manufacturing and capital goods sectors, industrial production rose by 4.2 percent in July against 0.9 percent growth a year ago.
Govt to import additional 5,000 tons of pulses to control prices
Under pressure to rein in retail prices of pulses that have shot up to Rs 155 per kg, the government today decided to import additional 5,000 tonnes of tur dal to boost domestic availability.
FIBP clears 14 FDI proposals out of 23, rejects 4
India`s Foreign Investment Promotion Board (FIPB) on Friday cleared 14 foreign direct investment (FDI) proposals, including that of Shyam Sistema Teleservices, IIFL Holdings and Eros International Media.
CAD narrows to 1.2% of GDP at $6.2 billion in Q1
The June quarter CAD figure is lower than USD 7.8 billion, or 1.6 percent of GDP, in the year-ago period, but higher than 0.2 percent for the March quarter.
Industrial output grows at 4.2% in July
Industrial production expanded at a higher rate of 4.2 percent in July this year compared to the same month last year as manufacturing activity and offtake of capital goods improved.
Industrial production grows 4.2% in July
On the back of a high output from the manufacturing sector, India's industrial production for the month of July accelerated to 4.2 percent from 3.8 percent in the month before.
Food production will be higher this year: FM Jaitley
Buoyed by reports of 'reasonably good sowing', Finance Minister Arun Jaitley on Friday expressed confidence that the country's food production this year would be much more than last year's despite less than normal rainfall.
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