| Indirect taxes see 22% fall | 12-NOV-09 |
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| The green shoots visible in the economy failed to enhance government revenue with indirect tax collections — comprising customs, excise and service tax — falling almost 22 per cent to Rs 1,26,903 crore in the April-October period this year. It stood at Rs 1,61,954 crore in the corresponding seven months of 2008-09. The overall decline was led by a 32 per cent fall in customs revenue. |
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| GDP grows 6.1%, weak monsoon a worry | 01-SEP-09 |
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| Showing signs of recovery, Indian economy grew 6.1 per cent in the first quarter (April-June) of the current financial year, the highest quarterly growth since the onset of the global economic slowdown in September 2008, primarily due to expansion in manufacturing and services sectors. |
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| Cellphone manufacture to be outside IIP ambit | 18-AUG-09 |
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| The new index of industrial production (IIP), with a revised base of 2004-05, increased data points and an updated product portfolio, will not include mobile phone manufacturing. |
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| Factory output grows after 2-month decline | 13-JUN-09 |
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| Industrial output expanded 1.4 per cent in April after two months of decline, leading experts to predict that the economy had bottomed out. A return to 8-plus per cent industrial expansion was, however, some time away, they added. |
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| March exports see record 33% dip | 02-MAY-09 |
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| India’s exports declined a record 33.3 per cent in March 2009, as the continued global economic recession affected demand for goods shipped from India. |
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| Earnings of workers went down by 3.45% in Q3: Govt | 13-MAR-09 |
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| Average income of workers in labour-intensive sectors came down by 3.45 per cent a month during the third quarter of this fiscal due to the deepening global economic crisis, an official report said. |
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| Workers' earnings down by 3.45% in Q3: Report | 12-MAR-09 |
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| Average incomes of workers in labour-intensive sectors came down by 3.45 per cent a month during the third quarter of this fiscal due to the deepening global economic crisis, an official report said. |
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| Inflation falls marginally to 8.84% | 28-NOV-08 |
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| India’s inflation, as measured by wholesale price index (WPI), stood at 8.84 per cent for the week ended November 15 this year, as compared to 8.9 per cent in the previous week. |
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| Core sector expands 4.3% in July | 11-SEP-08 |
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| The index of six core-industries grew at its fastest pace in July this fiscal at 4.3 per cent, backed by higher coal production and electricity generation. |
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| Agri commodity prices may rise further: FAO | 01-APR-08 |
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| Global agricultural commodity prices, which are rising for the last two years, are expected to remain high in the near future, according to the Food and Agricultural Organisation (FAO).
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