India Positive - March 16, 2018
- November 30, -0001
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The World Bank's biannual publication projected India's GDP to grow at 7.3 per cent year-on-year in 2018-19 and will further accelerate to 7.5 per cent year-on-year in 2019-20; backed by government reforms of demonetisation and goods and service tax (GST).
India's Foreign Direct Investment (FDI) inflows reached US$ 208.99 billion during April 2014 - December 2017, with maximum contribution from services, computer software and hardware, telecommunications, construction, trading and automobile sectors.
India's eight sectors added a total of 136,000 jobs on net basis in Q2 2017-18 compared to the preceding quarter, according to Quarterly Employment Survey by the Labour Bureau.
Mr Suresh Prabhu, Minister of Commerce & Industry chaired a meeting conducted by heads of various working group on making India a US$ 5 trillion economy in the next 7 years.
Mr Suresh Prabhu, Minister of Commerce and Industry has directed his ministry to develop an effective plan in order to release pending grants and patents at the earliest possible time.
Indian bank's credit has seen a constant growth at 11.48 percent to Rs 83,48,773 crore (US$ 1,285.68 billion) as per the RBI data on March 02.
A draft of National Policy for Women, 2017 which aims to address diverse needs of women through identified priority areas has been prepared by Ministry of Women and Child Development.
India's tea exports reached a 36 year record high of 240.68 million kilograms in 2017, with an average price above US$ 3 per kilogram.
Investment in Indian solar sector increased 1.5 times to more than US$ 10 billion in 2017, according to Mercom Capital.
India's annual wholesale price inflation eased to 2.48 per cent in February from the previous month provisional of 2.84 per cent; supported by softer rise in food and fuel prices as per the government data.
World Bank projects India’s FY19 GDP growth at 7.3%
The World Bank's biannual publication projected India's GDP to grow at 7.3 per cent year-on-year in 2018-19 and will further accelerate to 7.5 per cent year-on-year in 2019-20; backed by government reforms of demonetisation and goods and service tax (GST).
India attracts USD 209 bn FDI during Apr 2014 to Dec 2017
India's Foreign Direct Investment (FDI) inflows reached US$ 208.99 billion during April 2014 - December 2017, with maximum contribution from services, computer software and hardware, telecommunications, construction, trading and automobile sectors.
Eight sectors add 1.36 lakh jobs in July-Sept FY18
India's eight sectors added a total of 136,000 jobs on net basis in Q2 2017-18 compared to the preceding quarter, according to Quarterly Employment Survey by the Labour Bureau.
Minister of Commerce & Industry, Suresh Prabhu, Chairs Meeting on Making India USD 5 Trillion Economy in 7 Years
Mr Suresh Prabhu, Minister of Commerce & Industry chaired a meeting conducted by heads of various working group on making India a US$ 5 trillion economy in the next 7 years.
Plan for timely grant of patents in works: Prabhu
Mr Suresh Prabhu, Minister of Commerce and Industry has directed his ministry to develop an effective plan in order to release pending grants and patents at the earliest possible time.
Banks' credit grows at 11.48% to over Rs 83 lakh cr
Indian bank's credit has seen a constant growth at 11.48 percent to Rs 83,48,773 crore (US$ 1,285.68 billion) as per the RBI data on March 02.
Draft National Policy for Women 2017 envisions women attaining full potential and participating as equal partners
A draft of National Policy for Women, 2017 which aims to address diverse needs of women through identified priority areas has been prepared by Ministry of Women and Child Development.
Indian Tea Exports Touch Record High in 2017
India's tea exports reached a 36 year record high of 240.68 million kilograms in 2017, with an average price above US$ 3 per kilogram.
Solar sector raises over USD 10 bn in 2017: Report
Investment in Indian solar sector increased 1.5 times to more than US$ 10 billion in 2017, according to Mercom Capital.
Wholesale inflation eases to 2.48% in Feb; food, fuel prices up marginally
India's annual wholesale price inflation eased to 2.48 per cent in February from the previous month provisional of 2.84 per cent; supported by softer rise in food and fuel prices as per the government data.
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