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Core sector expands by 6.4 percent in March, highest in 16 months

May 02, 2016

Core sector expands by 6.4 percent in March, highest in 16 months

The eight core sectors expanded to 16-month high of 6.4 per cent in March due to pick-up in refinery products, fertilisers and cement production. #coal #crude oil #Natural gas #Infrastructure #Cement #steel #Growth #electricity #Fertilisers #Refinery Products #eifght core sector
India to clock 7.4 per cent GDP growth this fiscal: StanChart

May 02, 2016

India to clock 7.4 per cent GDP growth this fiscal: StanChart

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. #Economy #GDP #Monsoon #Growth #Standard Chartered #rural demand #fiscal 2017
Indian mfg sector activity falls to 4-month low in April: PMI

May 02, 2016

Indian mfg sector activity falls to 4-month low in April: PMI

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 today, putting pressure on Reserve Bank to keep interest rates low. #Employment #Growth #Rate Cuts #MARKIT #Manufacturing PMI #RBI governor Raghuram Rajan #Pollyanna De Lima
Fed signals no rush to hike rates as economy hits soft patch

Apr 28, 2016

Fed signals no rush to hike rates as economy hits soft patch

The Federal Reserve left interest rates unchanged on Wednesday, but kept the door open to a hike in June while showing little sign it was in a hurry to tighten monetary policy amid an apparent slowdown in the U.S. economy. #Rate hike #US Fed #Unemployment #Growth #job data #US Federal Reserves
Raghuram Rajan says won't be euphoric despite India being a fast-growing economy

Apr 20, 2016

Raghuram Rajan says won't be euphoric despite India being a fast-growing economy

Rajan said implementation of several reforms would be key to ensuring India posts high growth #Growth #Reforms #RBI governor Raghuram Rajan
Indian economy growing fastest, Jaitley on Rajan's remarks

Apr 19, 2016

Indian economy growing fastest, Jaitley on Rajan's remarks

Finance Minister Arun Jaitley has virtually rebutted RBI Governor Raghuram Rajan's remarks that India is 'one-eyed king in the land of blind' saying compared to the rest of the world, the Indian economy was growing much faster and, in fact, the fastest. #Economy #Government #Growth #GST #Reforms #Finance Minister Arun Jaitley #RBI governor Raghuram Rajan
India's growth prospects can be better than 7.5% with higher rainfall projection this year: Arun Jaitley

Apr 14, 2016

India's growth prospects can be better than 7.5% with higher rainfall projection this year: Arun Jaitley

Jaitley said the country's growth parameters were on track and the government is moving ahead on its reform agenda with inclusiveness and successfully meeting all its fiscal parameters #Arun Jaitley #Monsoon #Growth #exports
India pvt sector activity jumps to over 3-yr high in Mar: PMI

Apr 06, 2016

India pvt sector activity jumps to over 3-yr high in Mar: PMI

Private sector activity in the country registered a significant uptrend and surged to a 37-month high in March, driven by marked increase in new business orders, a monthly survey said today. #India #PMI #Growth #Nikkei #MARKIT #services sector
Your home loan EMI to fall as RBI cuts repo rate by 25 bps, boosts liquidity

Apr 05, 2016

Your home loan EMI to fall as RBI cuts repo rate by 25 bps, boosts liquidity

Experts are of the opinion that the banks will be able to transmit the rate cuts more effectively now #Inflation #CRR #Interest rate #Growth #RBI rate cut #govt cash position #liquidity boost #reverse repo rate
Global growth prospects looking dim, but advanced economies may not slip into recession, says Moody's

Mar 08, 2016

Global growth prospects looking dim, but advanced economies may not slip into recession, says Moody's

he prolonged decline in oil prices and weaker expansion in Chinese economy have dimmed growth prospects of several economies, but it does not signal a threat of global recession, Moody's Investors Service said today. #Economy #oil prices #Growth #Moody's. Global recession #Elena Duggar