Fall in IIP growth, rise in retail inflation worrying signs, experts call for reforms
Disappointed with the fall in industrial output and rise in retail inflation, industry and experts said the double whammy 'does not augur well' for economic growth, and government should push policy reforms.
Pinning hopes on a favourable monsoon, economists said food price pressures are expected to ease going forward.
Industrial production growth plunged to 0.1 per cent in March due to poor performance of manufacturing and mining sectors coupled with sharp decline in output of capital goods.
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Apart from these days, several banks might remain closed mid-March as many unions have called for a nationwide strike against the government's plan for making the banking sector private. The two-day-long strike is on 15 and 16 March.
Centre and states need to act in coordination to reduce tax on fuel, says RBI governor Shaktikanta Das
Das said that such coordination is needed because both the Centre and states impose taxes on fuel
For the post of grade B (general), the online exam will be held from 6 March to 1 April, while for the posts of grade B (DEPR), (DSIM), the exam will be concluded on 31 March