India’s growth to reach 6.3 per cent in 2016

The United Nations today said India will see a gradual growth acceleration with its GDP expected to reach 5.9 per cent this year and 6.3 per cent in 2016. According to the United Nations World Economic Situation and Prospects 2015 report, India’s economy expanded by an estimated 5.4 per cent in 2014, an improvement from … Read more

8 core industries grow by 4.2 % in April

Output of the country’s eight core industries rose by 4.2 per cent in April this year compared to the same month last year. This was boosted by higher electricity, fertiliser and cement production. According to official data released yesterday, the coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity sectors had expanded … Read more

Containing inflation, fiscal discipline & boost to low-cost manufacturing is the priority, says FM

Finance Minister Arun Jaitley has stressed the need to contain price rise and hasten economic reforms to boost low-cost manufacturing. Mr. Jaitley said in a Facebook post that reviving the growth momentum, containing inflation and altering the pattern of growth to gainful employment was an over-riding priority. Finance Minister Arun Jaitley added that there is … Read more

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