Core Economic Data

Mospi mulls ecommerce price index to monitor digital platform rates

This assumes significance as India's e-commerce market is projected to rise from Rs 12.2 trillion ($147.3 billion) in 2024 to Rs 24.1 trillion ($ 292.3 billion) by 2028

India's Q1 GDP data: Investment, consumption growth picks up pace

Investment growth above 30 per cent is considered important for driving economic growth

Time for all Indians to subscribe to 'economic nationalism: VP Dhankar

Vice President Jagdeep Dhankhar on Friday called upon Indian enterprises to desist from importing non-essential items and exporting raw material and become "nerve centres" of inculcating the spirit of economic nationalism, asserting that it was imperative for India's prosperity and sovereignty. Speaking at an event here, he said, "we need to import only that item which is unavoidably essential", and drew India Inc's attention to the ill effects of export of raw material in terms of drain of foreign exchange and loss of potential job opportunities. "Nationalism is important, paramount. We have to subscribe to it. Time for us to subscribe to economic nationalism as well. We need to be vocal for local," Dhankhar said. The vice president emphasised that a fiscal benefit can never be the premise to compromise national interest or economic nationalism, observing that export of raw material needs to be "discouraged" and the discouragement has to emanate from sensitisation by trade, industr

Indian shares extend rally for 2nd time after strong economic data from US

Most of the Adani group stocks advanced, extending gains after U.S. boutique investment firm GQG Partners' $1.87 billion investment in the conglomerate on Thursday

The US Dollar tentative as investors assess rate-hike path, says data

The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week that stoked hopes of the Federal Reserve slowing the pace of its interest rate hikes

Core sector output rises by 5.4% in November vs 3.2% YoY: Govt data

Production of eight infrastructure sectors increased by 5.4 per cent in November against a 3.2 per cent growth in the same month last year on a better show by coal, fertiliser, steel, cement and electricity segments, according to the official data released on Friday. Crude oil, natural gas and refinery products, however, recorded negative growth in November this year. The production growth of eight key sectors slowed down to 0.9 per cent in October. The growth rate of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- stood at 8 per cent in April-November this fiscal as against 13.9 per cent during the same period last fiscal. The production of coal rose by 12.3 per cent, fertiliser by 6.4 per cent, steel by 10.8 per cent, cement by 28.6 per cent and electricity by 12.1 per cent in November 2022 compared to a year ago. Core sectors industries, which have 40.27 per cent weight in the overall index of industr

Global shares rise on optimism on economic data, June qtr earnings

Global shares were mostly higher Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big companies. European shares mostly headed higher in early trading. Benchmarks advanced in Asia as jitters eased over US House Speaker Nancy Pelosi's visit to Taiwan. The gains followed a strong rally on Wall Street. France's CAC 40 added 0.5% in early trading to 6,501.54, while Germany's DAX gained 0.7% to 13,688.05. Britain's FTSE 100 fell 0.3% to 7,426.95. The future for the Dow industrials inched up less than 0.1% while that for the S&P 500 also was little changed, up by less than 0.1%. Analysts said geopolitical risks remained after Pelosi's visit to Taiwan in defiance of Beijing, with China conducting military exercises near the self-ruled island that it claims as its own territory. Despite the easing in immediate concerns, investors will be looking out for any potential escalation in US-China tensions, with any economic sanctions from China likely .

Jail terms likely for publishing unapproved data in Turkey: Report

Turkish economic researchers may face up to 3 years in prison if they publish unofficial data on indicators without first seeking approval from the country's statistics agency.

Top headlines: Q2 GDP grows at 8.4%; fiscal deficit at 36.3% of FY22 target

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Eight core sectors' output grows to 7.5% in October

Core sector growth was 4.5% in September

Top headlines: Shaktikanta Das gets second term; JioPhone Next price out

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Output of eight core sectors increases 4.4% in September

The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP)

Eight core sectors' output accelerates to 11.6% in August: Govt data

The core sector in August this year recorded a 3.9 per cent rise from the pre-covid August 2019 too

Eight core sectors' output up 11.6% in August year-on-year: Govt data

The industries had contracted by 6.9 per cent in August 2020

All-round contraction in core sectors leads to 4.6% fall in overall index

May sharpen decline in IIP in Feb

FPIs invest Rs 6,554 cr in markets in February over weak data, coronavirus

On a positive note, the data, however, showed that FPIs have been net buyers in the Indian markets since September 2019

Pre-Budget meet: Fundamentals are strong, economy will rebound, says PM

Economists ask Modi to restore data credibility, provide stimulus

Eight core industries' growth fell to 0.2% in June from 4.3% in May

Infra output accounts for nearly 40 per cent of the country's industrial output

Time for manufacturing-related issues to be addressed with alacrity

The new government has to work towards reviving manufacturing as it is the sector which creates jobs.

Growth of 8 core sector industries slows to 2.6% in April

Coal generation growth was flat at 2.8 pet cent in April 2019, said the government data.