ECONOMY NEWS

Headlines:

Indian stocks edge higher in lackluster trade; ITC up 3%

India's services sector expands at fastest rate in a year in Feb; employment falls further: Survey  -   03/03/2021 11:41
I ndia's services activity expanded at the fastest rate in a year during February, while employment fell further and companies noted the sharpest rise in overall expenses, a monthly survey said on Wednesday. The seasonally adjusted India Services Business...
GST collections rise 7% to Rs 1.13 lakh cr in Feb  -   02/03/2021 09:28
G ST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row in February, rising 7 per cent annually to over Rs 1.13 lakh crore, indicating economic recovery, the finance ministry said on Monday. Goods and Services Tax (GST) collections...
Manufacturing PMI eases in Feb; firms upbeat on demand spike  -   01/03/2021 16:39
I ndia's manufacturing sector activities eased slightly in February but firms were upbeat as they responded to increased new work intakes by stepping up production and purchasing activities, a monthly survey said on Monday. The seasonally-adjusted IHS Marki...
Indian economy grows by 0.4 in Oct-Dec  -   26/02/2021 18:03
A fter contracting for two quarters in a row, the Indian economy grew by 0.4 per cent in the October-December quarter amid coronavirus pandemic, official data showed on Friday. The gross domestic product (GDP) had expanded by 3.3 per cent in the correspondi...
ESIC scheme adds 12.06 lakh new members in Dec 2020  -   25/02/2021 17:05
A round 12.06 lakh new members joined the ESIC-run social security scheme in December 2020 against 9.48 lakh in the previous month, official data showed on Thursday, giving perspective on formal sector employment in the country. The latest data is part of a...
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