Economics News

Higher MSP may spur inflation

As per the DBS report, the government’s decision to hike MSP for kharif crops is expected to impact GDP by by 0.1-­0.2% besides adding to inflationary pressures. 

posted by Jawwad Kazi 9th Jul 2018

Recapitalization extension to Regional Rural Banks upto 2019-20

The Union Cabinet has approved the extension of the scheme of recapitalization of Regional Rural Banks (RRBs) for the next three years i.e. upto 2019-20.  

posted by Jawwad Kazi 5th Jul 2018

Tariff's cut under APTA 

The Centre has implemented the tariff concessions agreed to under the Asia Pacific Trade Agreement (APTA) by cutting duties on the import of 3,142 items from the signatories to the accord, including China.

posted by Jawwad Kazi 4th Jul 2018

Fall in the FDI growth rate

According to the latest data of the Department of Industrial Policy and Promotion (DIPP), FDI in 2017-18 grew by only 3 per cent to USD 44.85 billion.

posted by Jawwad Kazi 2nd Jul 2018

Rise in FPI outflows

Overseas investors have pulled out nearly Rs 48,000 crore from Indian capital markets in the first six months of 2018.

posted by Jawwad Kazi 2nd Jul 2018