Economy - general
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India’s wholesale price inflation slows to 1.89% in November
17 Dec 2024
The annual rate of inflation based on the all-India Wholesale Price Index (WPI) declined to 1.89 per cent in November 2024 from 2.36 per cent in October
RBI keeps repo rate steady, cuts cash reserve ratio to 4%
06 Dec 2024
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday (6 December 2024) decided to keep the policy repo rate
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.
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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
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
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
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
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
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
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
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
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
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
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%
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
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.
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