Wed, Jul 03, 2019
There have been more than Rs 2500 crores worth of import of TVs in the past under FTA under zero percent duty. This doesn’t favour the companies who support Make in India campaign of the government.
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Thu, Dec 27, 2018
Manufacturing sector, particularly textile and iron and steel segments, maintained its pace of sales growth in the second quarter of 2018-19 as compared to the year-ago period.
Mon, Sep 24, 2018
The report observed that IT sector paid median wage at Rs 317.6 per hour, the highest among all monitored sectors, but 17.8 per cent less than the last year. This is one of the reasons why more than half (51 per cent) were not satisfied with their jobs, it said.
Mon, Mar 12, 2018
The performance of IIP comes as a surprise as analysts had predicted much lower growth rate for January 2018.
Thu, Jan 04, 2018
Following a decline in November when the services PMI reached 48.5 the seasonally adjusted ‘Business Activity Index’ signalled a renewed increase in activity.
Tue, Jan 02, 2018
Key highlights:
Tue, Oct 03, 2017
IHS Markit downgraded its real GDP growth forecast to 6.8% for fiscal year 2017/18 as the lingering effects of recent economic shocks continue to cast a shadow on economic growth.
Tue, Jul 18, 2017
The male employees in manfacturing sector earn Rs 256.6 on an average and female employees earn Rs 179.8, constituting a 29.9% gender pay gap.
Thu, Jun 01, 2017
India's GDP data for Q4FY17 dropped to a two year low. Now the next trigger would be RBI's action on Indian economy during second monetary policy meet.
India's GDP numbers were at 6.1% in Q4FY17 – indicating a strong demonetisation impact. Difference between nominal and real GVA reflects slowdown was due to higher deflator.
Sun, Apr 30, 2017
Demand weakened across the board with the biggest decline in the input price sub-index, which fell to 51.8, its slowest expansion since June last year, from 59.3 in March.
Mon, Apr 17, 2017
Following the February numbers, analysts at Motilal Oswal and Care Ratings expected WPI to be around 6.3% for last month of FY17.
Mon, Feb 27, 2017
In November 2014, just weeks after Prime Minister Narendra Modi launched his Make-in-India campaign, Nokia shut its factory in Chennai, rendering 6,600 full-time workers jobless.
Sun, Feb 12, 2017
"The decline in IIP was partly owing to base effects, but mostly by demonetisation-led production contraction, especially in automobile production," Kotak Institutional Equities said in a research note.
Tue, Jan 31, 2017
PM Modi's foreign visits over the past two years have exclusively focused on marketing India as a perfect destination to set up factories. The government rightly believes that manufacturing has to grow if India has to attain GDPs of 8% and above.
Fri, Jan 27, 2017
Crisil expects government to announce supportive policies sectors in Budget 2017 to create jobs.
Sun, Jan 01, 2017
China`s manufacturing sector expanded at a weaker than expected pace in December, with growth slowing from the previous month as the world`s second-largest economy heads into 2017.
Thu, Oct 27, 2016
RBI said, "Expenditure, at the aggregate level, continued to contract, though at a lower rate as compared with the previous quarter. This resulted in a slowdown in operating profit at the aggregate level."
Wed, Oct 12, 2016
Despite the continuous decline in IIP data, analyst yet believe it will see nearly 3% growth in FY17, on the back of 7th Pay Commission, government spending, festive season and favourable monsoon.
Sat, Oct 01, 2016
The official Purchasing Managers` Index (PMI) stood at 50.4 in September, identical with the previous month's level.
Fri, Sep 23, 2016
According to Moody`s, Malaysia, Taiwan and Korea would be the most vulnerable to efforts to repatriate high value-added manufacturing jobs.
Wed, Aug 17, 2016
Industrial growth will not return to sustained and high growth path as long as excess capacity in the manufacturing sector does not generate confidence that the downtrend in the manufacturing has reversed, says India Ratings (Ind-Ra).
Mon, Jul 04, 2016
Religare Institutional Research, in a report dated July 1 said that overall credit growth for FY17 is unlikely to improve above 12%.
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