Economy - general

Inflation may force RBI to hold interest rate, focus on liquidity Economists

Inflation may force RBI to hold interest rate, focus on liquidity Economists

By Venkatachari Jagannathan | 05 Dec 2024

The Reserve Bank of India’s (RBI) six member Monetary Policy Committee (MPC) is expected to hold the repo rate (the rate at which it lends to banks) at 6.5%, said top economists.

India’s core sector production up 3.1% in October

India’s core sector production up 3.1% in October

30 Nov 2024

Core sector industrial production in India grew 3.1 per cent in October 2024 against the 2 per cent growth in September helped by higher production of coal

India's economic growth slows to 5.4 per cent in Q2 FY25

India's economic growth slows to 5.4 per cent in Q2 FY25

30 Nov 2024

India's real economy grew at slower than expected pace of 5.4 per cent in the second quarter of the current financial year, the slowest in the previous seven quarters

India's consumer price inflation at a 14-month high of 6.2% in October

India's consumer price inflation at a 14-month high of 6.2% in October

13 Nov 2024

India’s consumer price inflation rose to a 14-month high of 6.2 per cent in October on the back of a surge in food prices, provisional figures released by the National Statistics Office (NSO) showed.

Govt has no unbridled power to take over private resources: Supreme Court

Govt has no unbridled power to take over private resources: Supreme Court

05 Nov 2024

The Supreme Court has overturned a 1978 verdict and ruled that the power of the central government under Article 39(b) to take over ownership and control of private property for public purposes is limited.

India’s core sector production up 2% in September

India’s core sector production up 2% in September

30 Oct 2024

India’s core sector industrial production increased by 2 per cent in September 2024, a bit higher compared to the 1.8 per cent growth in September 2023.

Consumer price inflation in India at a 9-month high of 5.49% in September

Consumer price inflation in India at a 9-month high of 5.49% in September

16 Oct 2024

Consumer price inflation based on the All India Consumer Price Index (Base 2012=100) hit a nine-month high of 5.49 per cent in September 2024.

India’s wholesale price inflation up at 1.84% in September

India’s wholesale price inflation up at 1.84% in September

15 Oct 2024

The annual rate of inflation based on the Wholesale Price Index (WPI) stood at 1.84 per cent in September 2024, up from 1.31 per cent in August.

India’s industrial production declines 0.01% in August

India’s industrial production declines 0.01% in August

12 Oct 2024

Industrial production in India, based on the Index of Industrial Production (IIP), registered a negative growth of (-) 0.1 per cent in August 2024

India’s forex reserves surge $12.58 bn to $704.89 bn in a week

India’s forex reserves surge $12.58 bn to $704.89 bn in a week

05 Oct 2024

India’s forex reserves surge $12.58 bn to $704.89 bn in week ended 27 September

India’s external debt increased by $13.3 bn to $682.3 bn in April-June 2024: RBI data

India’s external debt increased by $13.3 bn to $682.3 bn in April-June 2024: RBI data

05 Oct 2024

India’s external debt increased by $13.3 billion and stood at $682.3 billion as of end-June 2024 against $589 billion at end-March

India’s core sector industrial production declines in August

India’s core sector industrial production declines in August

30 Sep 2024

Core sector industrial production in India decreased by 1.8 per cent year-on-year in August as production in a majority of the eight core industries, except for steel and fertilizers, showed a declining trend.

India’s consumer price inflation hovers around 5-year lows at 3.65%

India’s consumer price inflation hovers around 5-year lows at 3.65%

13 Sep 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI), stood at 3.65 per cent in August 2024, up slightly from the 5-year low of 3.60 per cent hit in the previous month

India to host global alliance of cooperatives

India to host global alliance of cooperatives

10 Sep 2024

India will be hosting the General Assembly and the Global Cooperative Conference of the International Cooperative Alliance (ICA) from 25 to 30 November.

India’s core sector industrial production up 6.1% in July

India’s core sector industrial production up 6.1% in July

02 Sep 2024

Core sector industrial production in India increased by 6.1 per cent year-on-year in July 2024 on the back of increased production of steel, electricity, coal, refinery products, cement, and fertilizers, provisional data

India’s GDP growth seen lower at 6.7% in April-June FY25

India’s GDP growth seen lower at 6.7% in April-June FY25

02 Sep 2024

India’s national income or gross domestic product (GDP) in real terms, ie, after adjusting for inflation, increased at a slower pace of 6.7 per cent to Rs43.64 lakh crore in the first quarter

Core sector output growth at a 20-month low of 4% in June

Core sector output growth at a 20-month low of 4% in June

01 Aug 2024

Core sector industrial production in India, based on the Index of core industries (ICI), expanded by 4 per cent year-on-year in June 2024, the lowest in 20 months, due to a slowdown

IPR reforms take patent awards in India to levels above 1 lakh a year

IPR reforms take patent awards in India to levels above 1 lakh a year

31 Jul 2024

Indian Patent Office has granted 1,03,057 patents in FY2023-24 thanks to various steps taken to strengthen the Intellectual Property Rights (IPR) ecosystem in the country through modernization of IP offices using advanced technologies and IT.

Consumer price inflation for agricultural and rural labourers up at 7.02% and 7.04%, respectively, in June

Consumer price inflation for agricultural and rural labourers up at 7.02% and 7.04%, respectively, in June

27 Jul 2024

Consumer price inflation for agricultural labourers (CPI-AL) and rural labourers (CPI-RL, based on the All-India Consumer Price Indices (base 1986-87 = 100), recorded an increase of 11 points each in June 2024

Budget 2024-25 speaks of NextGen reforms and strategic policies

Budget 2024-25 speaks of NextGen reforms and strategic policies

24 Jul 2024

The Union Budget 2024-25, presented by finance minister  Nirmala Sitharaman, aims to achieve higher economic growth through improved productivity, and by enhancing the efficiency of markets.

Economic Survey projects India’s GDP growth at 6.5–7% in 2024-25

Economic Survey projects India’s GDP growth at 6.5–7% in 2024-25

24 Jul 2024

Economic Survey 2023-24 presented in Parliament by finance minister Nirmala Sitaraman has projected India’s real GDP growth at 6.5–7 per cent in 2024-25.

IMF, ADB project 7% GDP growth for India

IMF, ADB project 7% GDP growth for India

19 Jul 2024

The International Monetary Fund (IMF) has raised its growth outlook for India for the current year to 7 per cent from its earlier projection of 6.8 per cent

Industrial production in India grows 5.9% in May

Industrial production in India grows 5.9% in May

15 Jul 2024

Industrial production in India grew at 5.9 per cent year-on-year in May 2024 compared to a growth  of 5.7 per cent in the corresponding period of the previous year.

India’s consumer price inflation shoots up to 5.08% in June

14 Jul 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI), shot up to 5.08 per cent in June 2024 from 4.75 per cent in May, provisional figures released by the National Statistics Office (NSO) showed.

India’s wholesale price inflation up at 2.61% in May

India’s wholesale price inflation up at 2.61% in May

17 Jun 2024

The annual rate of inflation based on the Wholesale Price Index (WPI) stood at 2.61 per cent in May 2024, as per provisional estimates released on Friday.

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