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Facts About Indian Economy


Last updated: February, 2019

  • The Indian economy grew 7.1 per cent year-on-year in first quarter (Q2) of FY 2018-19, as per the Estimates of Gross Domestic Product by Central Statistics Office (CSO).
  • Foreign direct investment (FDI) inflows stood at US$ 12.75 billion during April-June 2018.
  • India's foreign exchange reserves were US$ 396.68 billion as of the week up to January 25, 2019, as compared to US$ 397.35 billion over the past week.
  • Mutual Funds asset base stood at Rs 22.86 trillion (US$ 322.33 billion) at end of December 2018 as against Rs 24.03 trillion (US$ 338.82 billion) at the end of November 2018.
  • India’s Index of Industrial Production (IIP) advanced by 0.5 per cent year-on-year in November 2018, as against a rise of 8.4 per cent year-on-year in October 2018. The cumulative IIP growth for April-November 2018 was 5.0 per cent over the same period in 2017-18.
  • The eight key infrastructure sectors rose 2.6 per cent year-on-year in December 2018, with steel exhibiting the maximum growth of 13.2 per cent. The cumulative growth during April-December 2018 was 4.8 per cent.
  • Domestic passenger vehicle sales increased 4.4 per cent in April-December 2018 over the same period last year.
  • India's current account deficit (CAD) was 2.7 per cent during April-September 2018. The current account deficit (CAD) for the financial year 2017-18 stood at 1.9 per cent of GDP.
  • India’s Wholesale Price Index (WPI) inflation index declined by 1.4 per cent to 120.1 in December 2018 compared to 121.8 in November 2018.
  • India’s Consumer Price Index (CPI) inflation rate decreased to 2.19 per cent in November 2018 as compared to 2.33 per cent in November 2018.
  • Total Merger and Acquisition (M&A) activity grew 104.5 per cent year-on-year to reach US$ 129.4 billion in 2018.
  • Total value of Private Equity (PE)/venture capital (VC) investments grew 35 reached to reach US$ 35.1 billion in value terms in 2018.

Exchange Rate Used: INR 1 = US$ 0.0141 as on January 31, 2019