The country's exports grew 19(point)8 percent, to 24.6 billion dollars in April this year. Exports rose amid robust performance of the petroleum, textiles, engineering goods and gems and jewelery sectors. According to commerce ministry data, imports shot up 49 per cent, to 37.9 billion doll...

Indian Coir Sector registers record growth last Financial Year

The export of Coir and Coir products from the country has touched an all time high of 2282 crore rupees by value and 9.57 Metric Tones in quantity during 2016-17. This was stated by Union Minister for Micro Small and Micro Medium Enterprises Giriraj Singh in Kochi yesterday. He said, this represents...

Indian Coir Sector registers record growth last Financial Year

The export of Coir and Coir products from the country has touched an all time high of 2282 crore rupees by value and 9.57 Metric Tones in quantity during 2016-17. This was stated by Union Minister for Micro Small and Micro Medium Enterprises Giriraj Singh in Kochi yesterday. He said, this represents...

India to grow at 7.7% in 2018-19: IMF

The International Monetary Fund says India's growth is expected to rebound to 7(point) 2 per cent in the 2017-18 fiscal and 7(point )7 per cent in 2018-19 after disruptions caused by demonetization. IMF has also recommended the removal of long-standing structural bottlenecks to enhance mark...

Govt revised base year of WPI, IIP to 2011-2012 from 2004-05

The government has revised the base year of Wholesale Price Index, WPI and Index of Industrial Production, IIP to 2011-2012 from 2004-05. As per the new series, April WPI inflation stood at 3.85 percent and March IIP at 2.7 percent. The Consumer Price Index-based inflation in April stood at 2.99 per...

April WPI inflation slips to 3.85 pc

The government has revised the base year of Wholesale Price Index, WPI and Index of Industrial Production, IIP to 2011-2012 from 2004-05. As per the new series, April WPI inflation stood at 3.85 percent and March IIP at 2.7 percent. The Consumer Price Index-based inflation in April stood at 2.99 per...

GST best bet for states to improve finances: RBI

The Reserve Bank of India today said that the introduction of Goods and Services Tax (GST) will have economy-wide ramifications and holds the "best bet" for state governments to improve their finances without cutting productive expenditure. The GST regime is likely to champion a ne...

April WPI inflation slips to 3.85 pc

The government has revised the base year of Wholesale Price Index, WPI and Index of Industrial Production, IIP to 2011-2012 from 2004-05. As per the new series, April WPI inflation stood at 3.85 percent and March IIP at 2.7 percent. The Consumer Price Index-based inflation in April stood at 2.99 per...

India will clock over 7.5% growth in 2017-18: Finance Secretary Ashok Lavasa

Finance Secretary Ashok Lavasa said in New York that India can clock a GDP growth of over 7(point)5 per cent in the fiscal 2017-18 and the country's macro-economic fundamentals, including fiscal deficit and inflation, are all very sound. Lavasa, who is visiting the US to attend a global inv...

India to grow at 7.7 per cent in 2018-19: IMF

The International Monetary Fund says India's growth is expected to rebound to 7(point) 2 per cent in the 2017-18 fiscal and 7(point )7 per cent in 2018-19 after disruptions caused by demonetization. IMF has also recommended the removal of long-standing structural bottlenecks to enhance mark...