Industrial Output

India's October unemployment rate rises to 8.5%, highest in over 3 years: CMIE

India’s unemployment rate in October rose to 8.5 percent, the highest since August 2016, and up from 7.2 percent in September, according to data released by the Centre for Monitoring Indian Economy (CMIE)on Friday

August IIP contracts by 1.1%, lowest in seven years on dismal performance of manufacturing, capital and consumer goods

Industrial output shrank at its lowest rate in more than six years in August, reflecting the impact of an economic slowdown that could prompt the central bank to cut its key policy rate for the sixth time in December

China's economy shows further signs of strain in July, industrial output hits 17-year low; investment, retail sales fall

The news highlights the battle China's leaders have in trying to navigate the country's economy from exports and government investment to one driven by domestic consumption.

Asian stocks cheer Donald Trump's delay of some China tariffs; but unrest in Hong Kong continues to keep investors on edge

Kenta Inoue, senior market economist at Mitsubishi UFJ Morgan Stanley Securities, pointed out that Trump’s tariff delay came just as US stocks were stalling.

Next govt may rely on RBI rate cuts to spur growth; revenue unlikely to meet target this year, borrowings to rise

While the RBI is likely to be open to more policy easing, provided inflation does not surge, their impact on economic activity may be limited, given debts burdening India’s state banking sector.

China's first quarter growth unexpectedly steadies, but too early to call clear recovery, say analysts

China’s economy grew at a steady 6.4% pace in the first quarter from a year earlier, defying expectations for a further slowdown

FICCI president Sandip Somany says Arun Jaitley has promised to lower corporate tax as GST mop-up rises

The government has promised to lower corporate tax rate to 25 percent for all companies once Goods and Services Tax (GST) mop-up improves, Ficci President Sandip Somany said on Tuesday

MSME sector presents an additional $70 bn lending opportunity to banks, says report

MSMEs account for over $55 billion of lending currently, there is still a huge gap that can be addressed by financial institutions in the near term

Rupee gains 26 paise against US dollar in opening trade after retail inflation falls to 19-month low

The rupee had gained 48 paise to end at a one-month high of 70.70 against the US dollar on Tuesday, registering its sixth straight session of gain.

Rupee falls 43 paise to nearly 1-month low on weak factory output, fall in domestic equity markets

On Friday, the rupee had weakened by 8 paise to close at 70.49 against the US dollar.