Business

May 4, 2016 7:24 AM

ComMin launches webbased dashboard for export, import data

Commerce Ministry today launched a web-based dashboard to provide an easy access to detailed trade data of the country. The dashboard will provide an accurate perspective to the general public on the facts around the trade performance in India. Launching the portal in New Delhi, Commerce and Industr...

May 4, 2016 7:19 AM

Arun Jaitley to leave for Frankfurt today to attend ADB meet<br/>

Finance Minister Arun Jaitley will leave today for an official visit to Frankfurt to attend the annual meeting of the Asian Development Bank (ADB). In his speech at the First Business Session of ADB, Mr Jaitley will focus on performance of the Indian economy in global slowdown and also highlight mic...

May 3, 2016 7:46 PM

ComMin launches webbased dashboard for export, import data

Commerce Ministry today launched a web-based dashboard to provide an easy access to detailed trade data of the country. The dashboard will provide an accurate perspective to the general public on the facts around the trade performance in India. Launching the portal in New Delhi, Commerce and Industr...

May 3, 2016 4:38 PM

Indian mfg sector activity falls to 4-month low in April: PMI

A monthly survey showed that manufacturing output grew at its slowest pace in four months in April. Purchasing Managers&apos; Index (PMI), a composite indicator of manufacturing sector performance, fell from 52.4 in March to 50.5 in April. A reading above 50 represents expansion while one below ...

May 3, 2016 4:37 PM

IMF retains India growth forecast at 7.5% for 2016-17

Noting that India remains the fastest-growing large economy in the world, the International Monetary Fund has retained its growth forecast for the country at 7.5 percent for this year. The IMF said, in its latest Regional Economic Outlook for Asia and the Pacific, that this growth momentum is expect...

May 3, 2016 7:07 AM

Oil prices fall further from 2016 peak

Worries about excess oil supply and uncertain demand combined to push oil prices lower for a second straight session. Reports of rising output in both Iraq and Iran slowed the momentum that lifted oil prices to their highest level in 2016 last week. Iraqi exports reached a near-record 3.36 million b...

May 2, 2016 6:28 PM

Core sector industries grow by 6.4% in March

Core sector industries grew by 6.4 percent in March, as against a decline of (-)0.7 in the same month last year. This has happened on the back of high production rate of fertilizer, cement, petroleum and electricity. The infrastructure sector growth in March was backed heavily by 22.9 percent growth...

May 2, 2016 6:01 PM

Indian mfg sector activity falls to 4-month low in April: PMI

A monthly survey today showed that manufacturing output grew at its slowest pace in four months in April. Purchasing Managers&apos; Index (PMI), a composite indicator of manufacturing sector performance, fell from 52.4 in March to 50.5 in April. A reading above 50 represents expansion while one ...

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