The Indian economy is expected to grow at 7.5 per cent in FY 2016-17, as per the forecast by the International Monetary Fund (IMF).
Foreign direct investment (FDI) inflows have increased 29 per cent during April 2015 – March 2016 to reach US$ 40 billion, as compared to same period last year.
India's foreign exchange reserves were US$ 367.14 billion in the week up to October 21, 2016, as compared to US$ 366.14 billion over the past week.
Mutual Funds asset base of equity funds and Equity Linked Saving Scheme (ELSS) increased to Rs 4.68 trillion (US$ 70.0 billion) at the end of September 2016. Net inflow into equity schemes during September 2016 stood at Rs 3,743 crore (US$ 559.9 million).
India’s Index of Industrial Production (IIP) grew by -0.7 per cent in August 2016, as compared to a growth of -2.5 per cent growth in July 2016 and 6.4 per cent growth in August 2015.
The eight key infrastructure sectors grew by 5.0 per cent year-on-year in September 2016 as against 3.2 per cent growth in August 2016, with Steel sector exhibiting the maximum growth of 16.3 per cent.
India slipped six index points to 128 in April-June quarter in Nielsen’s global consumer confidence index. The country's confidence score was 134 in the three months ended March 2016, up by three index points from the last quarter.
Passenger vehicle sales in September 2016 grew by 19.9 per cent year-on-year to 278,428 units, as compared with 16.7 per cent year-on-year to 258,000 units in August 2016.
India's current account deficit stood at US$ 277 million in April-June quarter, as against US$ 0.3 billion in January-March 2016 quarter. However, it was quite lower than the US$ 2.0 billion deficit recorded in April-June 2015 quarter.
India’s Wholesale Price Index (WPI) inflation rate declined to to 3.6 per cent in September 2016 as against 3.74 per cent in the previous month.
India’s Consumer Price Index (CPI) inflation rate declined to 4.3 per cent in September 2016 as against 5.0 per cent in the previous month.
Total Merger and Acquisition (M&A) value during September 2016 rose to US$ 5.5 billion across 46 deals as against 61 deals worth US$ 3.9 billion during the same period year-ago. M&A values during January-September 2016 rose 33 per cent year-on-year to US$ 11.84 billion across 244 deals.
Total value of Private Equity (PE) investments during September 2016 stood at US$ 622 million across 68 deals as against as against 90 deals amounting to US$ 889 million in September last year.