Macro Economy

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Government committed to supporting MSME sector: Survey

The government on Friday said it is committed to supporting the Micro, Small and Medium Enterprises (MSME) sector, terming it an important segment of ...

India produced 64.3 MT crude steel in Apr-Oct FY’20: Economic Survey

India produced 64.3 million tonne (MT) of crude steel and 59.73 MT of finished steel during April-October, 2019-20, said the Economic Survey tabled ...

Uptick in retail prices in FY20 mainly on veggies, pulses: Survey

Consumer price inflation has been witnessing moderation since 2014.However, there has been an “uptick” in the prices of food items, particularly ...

Pharma exports post highest-ever growth in third-quarter at 14.6%

Total exports on course to touch $22 billion by March, says Pharmexcil

Horticulture output to be 313 million tonnes in 2019-20: First advance estimates

Total horticulture production in 2019-20 is expected to be 313.35 million tonnes (mt), about 0.84 per cent higher than 2018-19, according to first ...

India, Brazil to discuss trade pact, cooperation in bio-fuel during Bolsonaro’s visit

India and Brazil will discuss possible expansion of the existing India-MERCOSUR preferential trade agreement and a number of pacts for collaborating ...

Companies developing gas infra need to be adequately compensated: Gujarat Energy Minister

Gujarat has pitched for measures to compensate companies such as Gujarat Gas for the pipeline infrastructure that they develop to foster the natural ...

India scores highest among South Asian nations in Women, Business and Law Index

World Bank study examined laws, regulations affecting women’s economic opportunities

India Ratings pegs 2020-21 GDP growth at 5.5 per cent

The agency feels downwards risks born out of the fall in lending by NBFCs, reduced income growth of households, and inability of the dispute resolution system to quickly unlock capital will persist into the next financial year

India among top 10 FDI recipients, attracts $49 billion inflows in 2019: UN report

India was among the top 10 recipients of Foreign Direct Investment in 2019, attracting $49 billion in inflows, a 16 per cent increase from the ...

IMF cuts India’s growth estimate further

Pegs current fiscal growth to 4.8% and 5.8% for 2020-21; India forecast casts shadow on global growth forecast

Cargo volume at 12 major ports up marginally in April-December

The handling of iron ore and fertiliser rose, while thermal coal shipments declined.

Forex reserves touch record $461.16 billion

The country’s foreign exchange reserves touched a record high of $461.157 billion, after it surged by $3.689 billion in the week to January 3, ...

India’s GDP growth could be below 6 per cent for next two years: SBI’s research report

State Bank of India’s economic research department has cut its projection for gross domestic product (GDP) for FY20 to 4.6 per cent, based on current ...

At 5%, GDP growth to hit 11-year low in FY20

CSO’s first advance estimate projects all three sectors growing at lower rate; industry worst hit

India’s per-capita income rises 6.8 per cent to 11,254 a month in FY20

In 2018-19, the monthly per-capita income had stood at Rs 10,534

Service sector hits 5-month high in December: PMI survey

The Composite PMI reading in December was the highest in five months

CBDT extends till Jan 31 deadline for compounding of I-T offences

Taxpayers get one more chance to clear their tax dues

To improve competitiveness, focus on ‘cost of business’ : Tata Steel CEO

Such an initiative would improve competitiveness of the domestic industries, says Tata CEO and MD TV Narendran

Solid rise in factory orders boosts manufacturing PMI in December

New orders increased at the fastest pace since July

FDI rises 15% during Apr-Sept to $26 bn

Foreign direct investment into India grew 15 per cent to $26 billion during the first half of the current financial year, according to government ...

India's Q2 CAD narrows sharply to 0.9% of GDP on lower trade deficit

India's current account deficit (CAD) narrowed sharply to 0.9 per cent of GDP in the July-September (Q2) of FY2019-20 from 2.9 per cent in the year ...

Fiscal support, government policies to provide support to the Indian housing market in 2020: Fitch

Though PMAY(U) is expected to boost growth of the residential buildings sector, the government is unlikely to achieve its goal within the stated time frame, Fitch said.

Manufacturing sector stares at another challenging year

Thanks to the Government’s stimulus package, the demand for steel and cement has shown signs of improvement in last two months

Automobile: Firmly in the grip of a slowdown

Stable long-term policies, strong economic push needed to revive the industry

A year of woes for farmers despite good monsoon

Crop damage due to heavy rains, low foodgrain prices and decline in farm exports hit farmers badly

Can India ever come out of the vicious cycle of loan defaults?

Thirty years ago, India endured its last big financial crisis when it had to send gold held in the central bank’s vaults over to London to borrow hard ...

Factor in family labour, rental cost while fixing MSP, urges farmers body CIFA

The Consortium of Indian Farmers Associations (CIFA) has asked the Union Finance Minister Nirmala Sitharaman to factor in the family labour employed ...

To reap the demographic dividend, India should focus on labour, land reforms: IMF

The report said that the macro-economic outlook is more subdued and uncertain than in recent years.

Profitability of domestic hospital sector to improve in FY20: Crisil

Profitability of domestic hospital sector would continue to improve in the current as well as next financial year driven by enhanced coverage under ...

Revenue Dept confident of achieving tax mop-up target

GST, I-T Dept to share info on assessees with high input tax credit but with details not matching their IT return

States with smaller population take the lead under PMEGP

TN, Assam, Karnataka, Arunachal Pradesh, alongwith UP, generated one-third of jobs under programme

CII report paints a bleak picture of trade scenario

International trade is expected to slow down both internationally and domestically according to a report by the Confederation of Indian Industry.The ...

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