Economy
- First quarter saw decline in GDP growth (Free Available)
- Union Cabinet approval for permanent residency status to all foreign investors (Free Available)
- Scheme to promote electric and hybrid vehicles will help save fuel (Free Available)
- Chief Economic Advisor says India will grow between 8-10% (Free Available)
- Indian manufacturing activity rose to a 13-month-high (Free Available)
- India will tread a cautious middle path on excess capacity in steel (Free Available)
- Maharashtra ranked highest in broad measure of Ease of Doing Business (Free Available)
- Govt to come up with scheme to provide mobile phone access to over 55,000 villages (Free Available)
- Urjit Patel to take charge of RBI Governor (Free Available)
- China may soon grant market access to India's non-basmati rice exports (Only for Online Coaching Members)
- G20 leaders resolved to combat a “populist backlash” against global trade (Only for Online Coaching Members)
- India's production of summer-sown pulses is likely to surge to a record high (Only for Online Coaching Members)
- Canada hopeful of reaching agreement to supply more Uranium to India (Only for Online Coaching Members)
- India has signed a MoU with Greece to allow unlimited number of flights (Only for Online Coaching Members)
- Municipal bonds to be made more popular (Only for Online Coaching Members)
- Members of the National Pension System will have different options (Only for Online Coaching Members)
- Rueters poll says Inflation likely to fall down (Only for Online Coaching Members)
- Railways financial performance to improve after surge pricing (Only for Online Coaching Members)
- Government cracking down on vendors indulging in cartelisation (Only for Online Coaching Members)
- Other countries in the BRICS are opposed to Chinese free trade proposal (Only for Online Coaching Members)
- Singapore exchange to exit from Bombay Stock exchange (Only for Online Coaching Members)
- Union Cabinet is likely to take up in its next meeting the constitution of the GST Council (Only for Online Coaching Members)
- New set of criteria’s for recapitalisation of State-owned banks(Only for Online Coaching Members)
- India’s industrial output and Inflation slowed (Only for Online Coaching Members)
- Centre’s indirect tax collections increased more than 27 per cent (Only for Online Coaching Members)
- Big foreign retail chains and food brandsare eyeing an entry in the Indian market (Only for Online Coaching Members)
- Jio may not be as successful as expected (Only for Online Coaching Members)
- Govt. to discuss the proposed labour code on wages and the Small Factories Bill (Only for Online Coaching Members)
- Manufacturing sector leads WPI to a two-year high of 3.74 per cent (Only for Online Coaching Members)
- Govt is working to meet the April 2017 deadline for GST (Only for Online Coaching Members)
- Finance Ministry moves to fill SAARC Development Fund posts (Only for Online Coaching Members)
- Finance minister says Fiscal Responsibility and Budget Management Act is important (Only for Online Coaching Members)
- India's current account moved in to surplus in the April-June quarter (Only for Online Coaching Members)
- The factory inspection system needs a complete overhaul says CII (Only for Online Coaching Members)
- India’s external debt stand at $485.6 billion (Only for Online Coaching Members)
- The Centre has notified the Bharat Stage (BS)-VI emission standards (Only for Online Coaching Members)
- India's banking system is moving past the worst says Moody’s (Only for Online Coaching Members)
- Asian Development Bank approved $631 million for India’s first coastal industrial corridor (Only for Online Coaching Members)
- Govt looking to give boost to tourism sector (Only for Online Coaching Members)
- The Centre has notified the scrapping of toll tax collections on small road (Only for Online Coaching Members)
- India’s CAD narrowed in the first quarter (Only for Online Coaching Members)
- Govt named external nominees to MPC (Only for Online Coaching Members)
- To boost exports Govt. revamps Merchandise Exports from India Scheme (Only for Online Coaching Members)
- Revocation of Most favoured nation tag from Pak will be symbolic (Only for Online Coaching Members) (Only for Online Coaching Members)
- Government has ruled out any extension to deadline for disclosure on black money (Only for Online Coaching Members)
- Incredible India Investors’ Summit gets big investment (Only for Online Coaching Members)
- Government to block content of child sexual abuse (Only for Online Coaching Members)
- New date for budget presentation to be 1st feb (Only for Online Coaching Members)
- India has risen rapidly among all countries in the global competitive stakes (Only for Online Coaching Members)
- India’s unemployment rate at five-year high (Only for Online Coaching Members)
- CBEC gets nod for Project SAKSHAM (Only for Online Coaching Members)
- Union Ministry of Road Transport and Highways will invite bids from foreign funds (Only for Online Coaching Members)
First quarter saw decline in GDP growth
- India’s Gross Domestic Product (GDP) growth slowed to 7.1 per cent in the first quarter of this financial year, with private consumption still the mainstay of the expansion.
- GDP growth stood at 7.9 per cent in the fourth quarter (January-March) of the previous financial year and at 7.5 per cent in Q1 of 2015-16.
- The slowdown in the first quarter of this year was mainly driven by a slowdown in mining, construction and agriculture sectors.
- The construction sector grew at only 1.5 per cent in Q1 of 2016-17 compared with 5.6 per cent in the same quarter of the previous year.
- The mining sector saw a contraction of 0.4 per cent in Q1 of 2016-17 compared with a strong growth of 8.5 per cent in April-June last year.
- In agriculture, the effect of a better monsoon will be reflected more in the next quarter rather than in April-June.
- The sector grew at 1.8 per cent in the period under review compared with 2.6 in the same quarter of the previous year.
- Another concern is to do with the imbalance between private consumption and capital formation, with the former being the main bolster for growth.
- Private consumption expenditure grew 6.8 per cent in the first quarter, slightly slower than the 6.9 per cent in the year earlier period.