Economy News
Shutdown in U.S. may affect India's export
After the shutdown of country’s Federal Government, Indian shipments to the U.S. are likely to get affected.
posted by Jawwad Kazi 22nd Jan 2018
Trade deficit widens to $14.9 bn
Goods trade deficit in December, 2017 widened to $14.9 billion from $10.5 billion in December 2016 as imports outpaced exports, government data showed.
posted by Jawwad Kazi 16th Jan 2018
WPI inflation eases to 3.58%
According to the data release by Ministry of commerce and industry, Wholesale price-based inflation (WPI) eased to a three-month low of 3.58 per cent in December 2017.
posted by Jawwad Kazi 16th Jan 2018
Industrial output jumps to 8.4%
Industrial output for November jumped to a 25-month high of 8.4 per cent, bolstered by strong performances in the manufacturing, construction, and consumer non-durables sectors, according to the official data.
posted by Jawwad Kazi 13th Jan 2018
India to grow 7.3% in 2018: World bank
World bank in its 2018 Global Economics Prospect release, projected country’s growth rate to 7.3 per cent in 2018 and 7.5 for the next two years.
posted by Jawwad Kazi 10th Jan 2018