August PMI manufacturing growth slowest at 15-month low; impact of slowing economic growth, inflationary pressures
The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, declined to 51.4 in August from July's 52.5, its weakest since May 2018
State of Economy: Put aside vendetta politics, reach out to sane voices to steer economy out of 'man-made crisis', says Manmohan Singh
Manmohan Singh said “all-round mismanagement” by the Narendra Modi government was responsible for the slowdown.
GDP falls to 5%: April-June data comes as a shocker; it is time govt bid adieu to fiscal deficit obsession
Looking closely at the GDP figures, the big disappointment is the manufacturing sector
New FDI norms: Investment should be driven by domestic private sector; manufacturing must get priority in fund infusion
The framework also allows 100 percent FDI in all coal activity which is good for the users to the extent that investment flows in which can reduce cost and increase availability.
Jobless growth: Focus on manufacturing instead of services would have spurred employment, reduced poverty
The rapid pace of growth of the services sector was driven due to the liberalisation of the economy in 1991 as outsourcing was found to be particularly lucrative by the developed economies
Rupee rises 16 paise to 68.79 in early trade driven by positive opening in domestic equities, weak greenback
The rupee opened strong at 68.83 at the interbank forex market then gained further ground to touch 68.79 per dollar, displaying gains of 16 paise over its previous close.
China to scrap ownership limits for foreign investors in financial sector in 2020; will also open manufacturing sector
China also will further open its manufacturing sector, including the auto industry, while reducing its negative investment list that restricts foreign investment in some areas
Inflation numbers well on track, but what Budget offers to revive industrial growth this year will be interesting to watch
Core inflation is the serious part that can be affected by monetary policy action and hence the direction becomes critical.
Arvind Subramanian’s wisdom of hindsight on GDP numbers puts India in a tricky spot; tells us we were living an illusion
Often, India’s GDP growth pace has been compared with that of China, also the country’s status of being world’s fastest growing major economy.
Factory activity grows at fastest pace in three months in May on improved output and new orders: PMI
The new business orders sub-index, which tracks overall demand, rose as foreign demand increased at the fastest pace in three months. Output also grew at the strongest rate since February
Industrial output contracts 0.1% in March to lowest in 21 months as manufacturing sector growth slows down
Industrial output growth was 4.6 percent and 3.3 percent in 2016-17 and 2015-16, respectively.
Eight indicators tell us what is going wrong in Indian economy right now and why bad days await next government
The rural economy, which largely depends on agriculture, is in a mess. Falling prices of agricultural produce and lack of irrigation/ storage facilities have been hurting the farmers
Retail inflation inches up to 2.86% in March on rise in food, fuel prices; industrial output growth at 0.1% in February
The inflation based on Consumer Price Index was 2.57 percent in February this year. On yearly basis, it was 4.28 percent in March 2018.
MSME sector can create 1 crore employment opportunities in 4-5 years through partial substitution of imports: Report
As per the annual report 2017-18 of the ministry of MSME, the sector contributed around 3.6 crore jobs (70 percent) in the manufacturing sector.
Weak exports, rural distress, uncertainty over election outcome to drag down industrial production: Report
According to Dun and Bradstreet's (D&B) latest Economy Forecast, the Index of Industrial Production (IIP) is likely to have grown by 3-3.2 percent during February 2019
January IIP at 1.7%: Why a consistent downward trend in factory output data over last few months is worrying
The IIP trend over last 6-8 months would perhaps put pressure on the Monetary Policy Committee to go for a sharper rate cut as early as in April to support growth.
IIP at 1.7%, CPI at 2.57% in January: Growth slowdown disappointing, but wasn't unexpected; MPC may have reason to rush for rate cut
Industrial growth is an important indicator of the real sector as most of the GDP growth we have seen so far is due to services where the government plays an important role
Working group of Commerce and Industry Ministry suggests measures to increase size of economy to $5 trillion by 2025
According to group's report, agriculture and manufacturing sectors can contribute $1 trillion each
Industrial growth falls to 17-month low of 0.5% in November on contraction in manufacturing sector; power output grows
The manufacturing sector, which constitutes 77.63 percent of the index, recorded a contraction of 0.4 percent in November as against a growth of 10.4 percent a year ago.
Agriculture, manufacturing to push GDP growth to 7.2% in 2018-19; per capita net national income rises 11%: CSO
In terms of GDP, the rates of GFCE at current and constant (2011-12) prices during 2018-19 are estimated at 11.5 percent and 11.0 percent, respectively.