Economy - general
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
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
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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
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
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
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
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.
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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
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
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
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.
India’s industrial production up 5% in April
14 Jun 2024
Industrial production in India, based on the Index of Industrial Production (IIP), expanded by 5 per cent in April 2024 against a growth rate of 4.6 per cent
India’s consumer price inflation down at 4.75% in May
13 Jun 2024
Consumer price inflation in India, based on the Consumer Price Index (CPI) stood at 4.75 per cent in May 2024, down from 4.83 per cent in April
India to remain fastest growing large economy in 2024 as well: World Bank report
13 Jun 2024
India will continue to be the world's fastest-growing major economy, even as the global economy is expected to stabilise for the first time in three years in 2024
Consumer price inflation for industrial, agricultural and rural workers down at 3.87%, 7.03% and 6.96% in April
09 Jun 2024
The annual rate of inflation for industrial workers, based on the Consumer Price Index for Industrial Workers stood at 3.87 per cent in April 2024
India’s industrial production grew at a slower pace of 4.9% in March
11 May 2024
Industrial production in India slowed marginally to 4.9 per cent in March 2024 this year as compared to 5.7 per cent in February this year
India, Australia look to deepen economic ties
06 May 2024
An India-Australia Joint Committee Meeting (JCM), held in Canberra as well as meetings with businesses in Sydney and Melbourne have emphasised the need to work closely, especially in collaborative projects, in order to bring new synergy to the strategic partnership of the two countries.
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India, Nigeria agree on local currency settlement system
06 May 2024
The second session of the India-Nigeria Joint Trade Committee (JTC) held in Abuja, capital of Nigeria, on Friday, agreed to finalise a local currency settlement system for bilateral trade and investment.
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India's forex reserves hit record $642.5 billion
25 Mar 2024
India’s foreign exchange reserves rose to an all-time high of $642.5 billion during the week ended 15 March 2024 as the surge in the forex inflows continued for the third successive week.
India’s wholesale price inflation rate slightly higher at 0.20% in February
15 Mar 2024
India’s wholesale price inflation, based on the Wholesale Price Index (WPI) increased by 0.20 per cent year-on-year in February 2024, provisional figures released by the commerce ministry showed.
India’s consumer price inflation down marginally at 5.09% in February
13 Mar 2024
Consumer price inflation in India, based on the Consumer Price Index (CPI), declined marginally to 5.09 per cent in February 2024, from 5.10 per cent in January 2024.
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India’s core sector output growth slows to 3.6% in January
01 Mar 2024
Core sector industrial production in India expanded by 3.6 per cent year-on-year in January 2024, on the back of increased production of coal, steel, cement, natural gas, electricity and crude oil during the month.
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India’s economy seen growing at 7.6% in FY24
01 Mar 2024
India’s economy is expected to grow at a robust 7.6 per cent in the 2023-24 financial year against the 7 per cent growth recorded in the 2022-23 fiscal
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India’s wholesale price inflation seen lower at 0.27% in January
15 Feb 2024
The annual rate of inflation based on the Wholesale Price Index (WPI) stood lower at 0.27 per cent in January 2024, against the 0.73 per cent inflation recorded in December 2023
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