Economy 13
GDP growth slips to 4.5% in September quarter, slowest expansion in 26 quarters
The slump was mainly on account of a weak manufacturing and a drop in exports.
India: Economy grew 4.5% in Q2 vs. 4.7% expected
The data published by the Ministry of Statistics on Friday revealed that the Gross Domestic Product (GDP) in India expanded by 4.5% following the %5 g
Trade surplus shrinks in October
Exports up 11.9% on a month-on-month basis.
India's apparel exports to EU face a duty disadvantage: Smriti Irani
India's exports of textile and apparel sector (including handicrafts) have increased from USD 39.3 billion (around Rs ) in 2017-18 to USD 40.4 billion in 2018-19," Irani said in a written reply to the Lok Sabha.
Core sector output for October contracts further to 5.8 per cent
The index was dragged down by electricity which reported a de-growth of 12.4% vs -3.7% in Sept.
Fiscal deficit for April-Oct at 102.4%, crosses full year target
The revenue gap for the April-October period stood at Rs 5.46 lk cr showing the weakness in tax collection.
Canada: Economy grew at annualized rate of 1.3% in Q3 vs. 1.2% expected
The Canadian economy expanded 1.3% on a yearly basis in the third quarter supported by higher household spending and business investment, the data pub
India offers credits to boost Sri Lankan economy, security
Rajapaksa, a former defence secretary who is credited with ending the country's long civil war, was sworn in as the island nation's new president on November 18, a day after he won the closely fought presidential election in island nation.
Canada: GDP masks sharp improvement in Canadian business investment for Q3 – TDS
Commenting on Friday's Gross Domestic Report from Canada, "GDP growth was in line with market expectations, with the Canadian economy growing 1.3% (an
Experts on GDP numbers: 'Worst is not past us'
Former Chief Statistician of India, Pronab Sen said the manufacturing showing negative growth is certainly worrying. "I don't think the growth has bottomed out, the growth figures may continue to decline the next quarter too, however, post fourth quarter may show some recovery owing to the base effect," Sen said.
4.5 per cent GDP growth rate unacceptable, worrisome: Manmohan Singh
Delivering his valedictory address at a national conclave on economy, former prime minister Manmohan Singh said mutual trust is the bedrock of societal transactions fostering economic growth, but "our social fabric of trust, confidence is now torn and ruptured".
China's financial warning signs flashing nearly everywhere as policymakers scramble
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the
Smurfit boxes clever on recycling and sustainability
In Paris to receive a business award, Tony Smurfit talks about sustainable packaging, Brexit and France