Economy News

Wealth per adult in India at $7,020, China at $47,810

As per the Credit Suisse report, India created a whopping 7,300 more millionaires during the 12 months to mid-2018.

posted by Jawwad Kazi 19th Oct 2018

Solar capital cost to go up : ICRA

According to ICRA, the imposition of safeguard duty by the government on imported photovoltaic modules and rupee depreciation are estimated to increase the capital cost of solar power projects by 20-25%.

posted by Jawwad Kazi 17th Oct 2018

India leads in low-cost carrier growth

According to Centre for Asia Pacific Aviation (CAPA)India has emerged as the fastest growing low-cost carrier (LCC) market in the world.

posted by Jawwad Kazi 17th Oct 2018

Trade deficit shrinks to 5-­month low

As exports contracted for the first time in as many months, India’s trade deficit shrank to its lowest in five months in September, at $13.98 billion.

posted by Jawwad Kazi 16th Oct 2018

WPI inflation rises to 5.13%

Wholesale Price Index (WPI)-based inflation jumped to a two-month high of 5.13 per cent in September.

posted by Jawwad Kazi 16th Oct 2018