Paving the way for exports

New Delhi, June 18 -- Merchandise exports grew 3.93 percent year-on-year to $29.99 billion in May. Imports were 7.76 percent higher at $45.35 billion during the month. While this moderate exports grow... Read More

Fixing the economy

New Delhi, June 11 -- The last week saw some important developments which augur well for the economy. First, the government formed two new cabinet committees to check the declining trend in growth, ge... Read More

GSP withdrawal: Caution must be exercised

New Delhi, June 4 -- The US terminated India's designation as a beneficiary developing nation under the Generalised System of Preference (GSP) trade programme, with effect from June 5. While the Centr... Read More

Thumbs up to Modi 2.0

New Delhi, May 27 -- Prime Minister Narendra Modi has roared back to power as hundreds of millions of Indians gave a thumping mandate to the National Democratic Alliance led by the Bharatiya Janata Pa... Read More

Elections over, now focus must shift to economy

New Delhi, May 21 -- With completion of 2019 Lok Sabha elections on Sunday, one of the bitterly fought election battles in recent memory has officially come to an end. An estimated 900 million citizen... Read More

Industrial slowdown

New Delhi, May 14 -- The Index of Industrial Production (IIP) contracted by 0.1% in March. This was against the consensus growth expectation of 1.2%. Also, it is after a gap of 21 months the index ent... Read More

Manufacturing, services sectors' worries

New Delhi, May 7 -- India's manufacturing sector's performance eased to an eight-month low in April. The Nikkei India Manufacturing Purchasing Managers' Index registered a reading of 51.8 in April, ag... Read More

End of US waivers on Iran oil!

New Delhi, April 30 -- US President Donald Trump has ended the waiver allowed to certain countries including India to buy Iranian oil and threatened sanctions if the embargo is not complied with. Acco... Read More

A look at, and beyond, GDP numbers

New Delhi, April 23 -- India's GDP growth forecast for 2019-20 was lowered by multiple agencies recently. First, the ADB cut it to 7.2% from 7.6%. It was followed by the RBI's cut to 7.2% from 7.4% an... Read More

Bank credit growth

New Delhi, April 15 -- Bank credit rose by 13.24 per cent to Rs 97.67 lakh crore in the fortnight to March 29, while deposits grew by 10.03 per cent to Rs 125.72 lakh crore for the period, according t... Read More