Economics News

India becomes sixth-largest economy

As per the World Bank's updated data for 2017, India has edged past France and snatched the tag of the world's sixth-largest economy from it.

posted by Jawwad Kazi 14th Jul 2018

Rise in exports

Exports during June 2018 were valued at US $ 27.70 Billion as compared to US $ 23.56Billion during June 2017 exhibiting a positive growth of 17.57 per cent.

posted by Jawwad Kazi 14th Jul 2018

IIP hits 7-month low

Industrial output growth, however, slipped to a seven-month low of 3.2 per cent in May due to weaker growth in manufacturing, intermediate and consumer non-durables, Central Statistics Office data showed.

posted by Jawwad Kazi 13th Jul 2018

SME IPOs may get more anchor investment

The Securities and ExchangeBoard of India (SEBI) recently took a decision to reduce the minimum anchor allocation size in initial public offers (IPOs) by small and medium enterprises (SMEs). The decision has come as a shot in the arm for the segment

posted by Jawwad Kazi 12th Jul 2018

Andhra Pradesh top ranker in Ease of Doing Business

Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, released the final rankings of States in Ease of Doing Business.

posted by Jawwad Kazi 11th Jul 2018