Retail inflation eased to 7.04 per cent in May, mainly on account of softening food and fuel prices as the government as well as the RBI stepped in to control spiralling price rise by way of duty cuts...
Similarly, trade, hotel, transport, communication and services related to broadcasting grew 6.1 per cent compared with 10.1 per cent contraction a year ago.
Financial, real estate and professio...
The Centre is expected to lower the growth forecast in the gross domestic product (GDP) for the current fiscal when the NSO releases the second advance estimate for 2021-22 on Monday.
In its first ad...
Forecasting a lower-than-previously projected 10 per cent GDP growth for the fiscal year 2022 because of the third wave of the pandemic, foreign brokerage Barclays said the Indian economy is likely to...
The finance ministry is expected to come out with a single volume Economic Survey for 2021-22, projecting growth of around 9 per cent for the next financial year.
In the absence of the chief economic...
The festival month of October failed to lift industrial growth upwards which remained subdued on account of supply side issues and a waning base effect.
The manufacturing sector, which constitutes 77...
Industrial production grew 11.9 per cent in August mainly due to a low-base effect and good performance by manufacturing, mining and power sectors that surpassed the pre-Covid level.
Retail inflation...
Retail inflation tumbled to a three-month low of 5.59 per cent in July as food prices softened and was back within the Reserve Bank’s tolerance level after staying above the upper band of 4...
Retail inflation remained above the RBI's comfort level for the second consecutive month despite slipping slightly to 6.26 per cent in June while the factory output recorded a growth of 29.3 per c...
Retail inflation accelerated in May to a six-month high of 6.30 per cent as fuel and food prices rose at a higher pace, putting pressure on the central bank to tame prices amid a faltering economic re...