Industrial output rises 4.3 per cent in July
Business | Sep 12, 2019, 06:25 PM ISTFactory output, as measured in terms of Index of Industrial Production (IIP), had expanded 6.5 per cent in July 2018.
Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 6.5 per cent in July 2018.
"The computer services industry in India is increasingly catering to the domestic market, leveraging expertise gained from exporting while at the same time reducing an over-reliance on such exports," the report said.
Growth of eight core industries dropped to 2.1 per cent in July, mainly due to contraction in coal, crude oil and natural gas production, according to a government data released on Monday.
Following are the top business stories of Friday, August 23. Nirmala Sitharaman's much-awaited announcement on FPI surcharge is finally here along with some good news for Auto sector that was witnessing its worst crisis in decades. IndiaTvNews.com brings to you the business news round-up of the day.
He said the GIS is critical to many of 41 focus areas identified by the Niti Aayog and several government departments are applying it to solve problems in mapping, forestry, water resources, smart cities.
The focus of the second term of the Narendra Modi government is accelerated economic growth led by the private sector and private enterprise, according to NITI Aayog Vice Chairman Rajiv Kumar who asserted that India will be at the "cusp of a major transformation" over the next five years.
The incident occurred last year and the pilot has now challenged in the Delhi High Court the DGCA and Civil Aviation Ministry's decisions to suspend him.
It said that while the middle-class tax relief will weigh somewhat on direct tax revenues, GST collections will continue to pose risks to indirect tax collections if they fall short of budgeted expectations.
US President Donald Trump cheered the numbers, holding an impromptu press conference outside the White House to tout the "amazing" growth and said "this is just the beginning".
The company's global IT services business contributed Rs 13,700 crore, registering 5.2 per cent annual and 2.2 per cent sequentially growth.
The economy grew at the highest rate since September quarter of FY17, ahead of the demonetisation drive that began in November 2016.
The size of India's music industry which stood at Rs 1,080 crore in 2015 is expected to grow to Rs 2,060 crore by 2020.
India’s GDP growth for 2016-17 will get a 50 basis points push to 7.6 per cent following the recent revision in the base year for the Wholesale Price Index (WPI) and the Index of Industrial Production (IIP), former Chief Statistician Pronab Sen said
The Goods and Services Tax to be implemented from July 1 would help raise India's medium-term growth to above eight per cent, the International Monetary Fund has said.
Cutting India’s growth rate by one percentage point due to the "temporary negative consumption shock" of demonetisation, the International Monetary Fund (IMF) predicted it to be 6.6 per cent for the current fiscal year.
A maiden coordinated strategy and more than 20 per cent month-on-month traffic progress development offered wings to the nation's aviation sector in 2016. The sector reaped benefits out of a rise in domestic disposable income,
India is at the second position among countries with the highest increase in their contribution to high-quality scientific research, according to a new report which shows that the growth of research in the country is
The International Monetary Fund (IMF) on Tuesday maintained its forecast for global growth in 2016 at 3.1 per cent, saying the subpar trend will continue without determined policy action.
Hyderabad: Reserve Bank of India Governor Raghuram Rajan today said that India will need years of strong growth to catch up with China on per capita GDP and cautioned against expanding economy at the cost
Mumbai: There has always been a question on whether the performance of the students in the board examination is a crucial parameter for determining whether the eligibility of a student for the JEE for entry
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