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Care Ratings
Business  /  Published 01.09.21

Core sector grows 9.4%

The output of eight core sectors grew 9.4 per cent in July mainly due to a low base effect and an uptick in production of coal, natural gas, steel, cement and electricity, official data showed.  ...
By Our Special Correspondent in New Delhi

Business  /  Published 26.08.21

Credit drive in October

The Centre on Wednesday announced yet another loan outreach programme in October, with bank credit growth remaining as flaccid as ever after the Modi government’s much tom-tommed loan mela less ...
By Our Special Correspondent in New Delhi

Business  /  Published 22.08.21

Sharp surge in bank loan recast

Banks have restructured loans of around Rs 35,000 crore under the Reserve Bank of India’s Resolution Framework 2.0 that allows lenders to implement a resolution plan for eligible borrowers in a ...
By Our Bureau in Calcutta

Business  /  Published 26.07.21

India's GDP growth expected to be 8.8-9%

The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors, Care Ratings said in a report. The c...
By Our Bureau, PTI in Mumbai

Business  /  Published 13.07.21

IIP grows 29%

Industrial output surged 29.3 per cent in May, backed by a low-base effect and good performance by manufacturing, mining and power, but remained below the pre-pandemic level. The manufacturing sector...
By Our Special Correspondent in New Delhi

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Business  /  Published 29.06.21

Corporate credit gap hurts banks

A mismatch between credit and deposit growth rates is hurting banks who are finding no fresh investment commitments in the private sector to turn around the low credit demand. The rise in overall dep...
By A Staff Reporter in Calcutta

Business  /  Published 01.06.21

Fiscal deficit at 9.3%

The fiscal deficit for 2020-21 stood at 9.3 per cent of GDP, 0.2 per cent lower than the finance ministry’s revised estimate of 9.5 per cent of GDP. In absolute terms, fiscal deficit stood at R...
By Our Special Correspondent in New Delhi

Business  /  Published 31.05.21

Forecast of stronger Q4

The National Statistical Office (NSO) will put out its provisional estimates for GDP (gross domestic product) in 2020-21 on Monday amid rising speculation that the economy will contract  about 7....
By Our Special Correspondent in New Delhi

Business  /  Published 18.05.21

WPI inflation hits 11-year high

...
By Our Special Correspondent in New Delhi

Business  /  Published 01.05.21

Comfort for core

The low base provided the feel good factor to the core sector, which expanded to a 32-month high of 6.8 per cent in March. However, for the full fiscal 2020-21, the core sector contracted 7 per cent c...
By Our Special Correspondent in New Delhi


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