The growth in eight core industries maintained its momentum in March by registering a 16-month high of 6.4 per cent. This is for the fourth consecutive month that the growth in infrastructure industries has progressively increased.
The sharp growth in output of India’s manufacturing sector witnessed in March did not sustain and came down in April to a four-month low as new orders from domestic market
India needs to enhance the pool of trade lawyers and legal experts to effectively handle the growing number of complex disputes at WTO, commerce secretary Rita Teaotia said on Monday.
The Indian economy is expected to clock a GDP growth of 7.4 per cent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report says.
Manufacturing sector activity dropped to a four-month low in April as new orders stagnated during the month following a robust increase in March, a survey showed on Monday, putting pressure on Reserve Bank to keep interest rates low.
- May01By PTI
With the ministry of corporate affairs (MCA) failing to develop a foolproof early warning system to detect frauds, a Parliamentary panel has urged it to put in place a "coherent and efficacious" fraud prediction framework at the earliest.
- Apr29By PTI
With India projected to grow at 7. 8 per cent in 2017-18 a UN expert said cautious macro economic policy reduced inflation and some structural reforms have helped
- Apr28By PTI
India will remain one of the strongest growth stories in the Asia Pacific region as the country has a potential GDP growth rate of around 6-7 per cent or perhaps
Ratings firm Ind-Ra on Thursday revised downwards to 7.7 per cent India's GDP growth forecast for the current financial year, from 7.9 per cent earlier, due to weak industrial growth.
- Apr27By PTI
Implementation of the goods and services tax (GST) and bridging large infrastructure deficit are a difficult task before the Indian government, Moody's Investors Service said on Wednesday.