Economy News
Manufacturing growth improves slightly : PMI
Driven by a rise in new business orders amid favourable demand conditions, and easing inflationary pressures, India’s manufacturing sector activity improved marginally in April.
posted by Jawwad Kazi 3rd May 2018
Slower growth in port traffic in next five years : CRISIL
The CRISIL said in its report that due to the slower pace of growth in coal, the containerised cargo segment will cushion port traffic growth in the next five years.
posted by Jawwad Kazi 27th Feb 2018
6.9% GDP growth in October¬-December : Polls
Recently a Reuters poll predicted that India’s economy grew at its fastest pace in a year in the October¬-December quarter.
posted by Jawwad Kazi 27th Feb 2018
Banks rush to tweak the internal policies
After the central bank directed the banks to link their core banking systems (CBS) with inter-bank messaging platform SWIFT, banks are scurrying to install systems to prevent frauds.
posted by Jawwad Kazi 26th Feb 2018
Cotton import expected to rise
As textile mills are increasingly buying cotton from the U.S. in larger quantities, cotton imports this season might surpass the official estimate of 17 lakh bales.
posted by Jawwad Kazi 25th Feb 2018